Off The Wires

Court hears Kebble was jovial before death

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Dominic Ntsele, the former friend of mining magnate Brett Kebble, testified at the Johannesburg High Court stating that the former JCI boss seemed in a good mood on the night he was killed.

Jubilee expects headline earnings to rise 35pct

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Jubilee Platinum on Tuesday advised that it expected its full year headline earnings per share to be between 15% and 35% higher.

Ambatovy workers consider strike action

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Workers at Sherritt International's Ambatovy nickel project are considering strike action amid fears of job cuts.

Grindrod loco lease business targets Africa

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Logistics company Grindrod said its new locomotive leasing business would target companies operating in Africa where infrastructure was poor.

Glencore ‘pleased’ with Optimum transaction

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Glencore declared itself satisfied with the terms of the sale of Optimum Coal, in which it has a controlling stake, to Tegeta Exploration and Resources.

SA parliament to open nuclear energy to debate

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South Africa's parliament is to hold public hearings into government plans to build 9,600MW in nuclear energy which may see it clash with the energy department.

CoM applauds Gordhan’s restraint on tax

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The Chamber of Mines of South Africa applauded the 2016 National Budget presented by newly appointed finance minister, Pravin Gordhan.

Namibian firm wants stake in Navachab

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Namibia's state-owned Epangelo Mining Company said it was interested in taking a stake in Navachab, the gold mine due to be sold by AngloGold Ashanti.

Wage strike crippling Northam output

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SOUTH African platinum producer Northam Platinum has lost an estimated 12 000 ounces due to the ongoing strike at its Zondereinde mine in Limpopo.

Petra shares under pressure after sale

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Shares in Petra Diamonds have been under pressure since July 28 after a major shareholder sold a large portion of its stake in the company.