Off The Wires

Eastern Platinum said shareholders had "overwhelmingly" voted in favour of the sale of the company's South African platinum assets to China's Hebei Zhongbo.

The 12,69% increase in the electricity tariff allowed to Eskom would be followed by other increases, development economists have said.

Joseph Mathunjwa, secretary-general of Amcu, pledged to pursue all possible avenues available in law in an effort to stop Amplats' restructuring efforts.

South African gold producers intend to build and sell more homes to employees in an effort to ease the social pressures that led to the Marikana massacre in 2012.

Zambia has started paying $600m claimed in VAT refunds by miners after relaxing a law requiring exporters to produce import-export documents.

The world's central banks tend to buy gold high and sell low and have a track record of not understanding the metal.

Keaton said its empowerment partner, Rutendo Mining, had exchanged shares worth 26% in a subsidiary company for just under 22% stake in the listed entity.

The prospect of hydraulic fracking in South Africa increased after government published technical regulations on the practice.

After two years in the shadows, investment in gold is making a comeback with the NYSE Arca Gold Miners Index gaining just over a quarter this year.

Botswana's Gaborone staged the first day of its inaugural sight on November 11 when the world's diamond polishers and cutters met in the capital.