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Mining group reviews capital expenditure budget in effort to stem outflow of cash
Batten down the hatches, big business
South African group cut 5,000 jobs and launched a rights issue to avoid bankruptcy
South African platinum miner reports benefits of cost-cutting, strengthened balance sheet
The head of the London-listed mining company discusses labour issues and the commodities crash
Fears over job losses as industry grapples with toughest conditions for years
Metal’s woes are emblematic of South Africa’s wider problems
Some shareholders shun the lossmaking platinum miner’s make or break rights issue
Investors fear over-supply as automotive and jewellery demand drops
Decision allows platinum miner to raise more than $400m and stave off financial collapse
Survival still hinges on rivals cutting production and a pick-up in demand
Commodity stocks hold back wider market as FTSE 100 falls 0.3% or 19.88 points to 6,275.28
South African miner at mercy of metals prices and social issues as it scrambles into rights issue
International Edition