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Keaton raises R65m with share issue

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Keaton Energy has raised R65m by issuing new shares for cash, intended mainly to pursue opportunities presented by the recent acquisition of Leeuw Mining.

Aurora given another reprieve

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The liquidation case involving Aurora Empowerment Systems has been postponed to the end of the week, says an official.

Police pounce on Van Kerrebroeck

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The South African Police Force has arrested a 32-year old man - believed to be alleged company hijacker Dennis Van Kerrebroeck - in connection with diamond theft.

Govt extends mining moratorium

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Minister of Mineral Resources Susan Shabangu has extended a moratorium on new applications for prospecting rights.

Galaxy Gold, ARM announce board changes

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African Rainbow Minerals has announced a succession process for a new CEO, while Peter Skeat hands over the reins of Galaxy Gold.

Strike, stoppages smack Northam earnings

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Northam Platinum, hit by labour action and safety-related stoppages, has reported a drop in first-half profit and says the outlook is challenging.

ARM more than trebles earnings

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African Rainbow Minerals has cracked it in the six months to end-December and there's more to come in the second half of the financial year, according to CEO Andre Wilkens.

ARM confronts Nkwe over platinum rights

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ARM CEO Andre Wilkens says his company and partner Anglo Platinum are going to court to obtain a ruling on who owns the prospecting rights to the Modikwa Deeps.

Glencore ‘in talks with China, Qatar’

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Swiss commodities trader Glencore has opened up talks with sovereign wealth funds in China and Qatar to bring in a cornerstone investor ahead of its planned listing on the LSE, according to a report.

ICT exposes Kumba’s ‘dirty play’

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Imperial Crown Trading has accused Kumba Iron Ore of planting forged documents found as part of ICT’s application for the 21.4% prospecting right in Sishen mine.