retrenchment

Kumba Iron Ore to shed 3 933 jobs at Sishen amid...

Kumba Iron Ore announced on Thursday that it has commenced a workforce retrenchment consultation process at its Sishen iron ore mine, in the Northern...

De Beers places Snap Lake mine in Canada on care and...

The De Beers Group of Companies will place its Snap Lake mine on care and maintenance following a review of the mine’s operation, particularly...

Lonmin looks to raise $400M in rights issue as part of...

Lonmin is looking to raise approximately US$400 million in gross proceeds through a rights issue as part of its broad business plan to achieve positive...

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