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Share issue to hurt Keaton earnings

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Keaton Energy would report lower share earnings for the six months ended September 30 after issuing shares to finance the development of Moabsvelden.

BHP slows Australian iron ore expansion

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BHP Billiton is slowing down its expansion plans in iron ore, the first big miner to pull back as a global supply glut sends ore prices tumbling.

Marange diamonds to go on sale in Antwerp

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Diamonds mined from Zimbabwe's Marange fields will be sold in Antwerp in December of January amid claims revenue from the sales finance president Robert Mugabe.

African Barrick looks to transformational deal

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African Barrick, which mines about 700,000 oz/year in gold from Tanzania, would seek a deal to take output to one million ounces/year in 2015.

Ivanplats files for mining right

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Toronto-listed IvanPlats has filed for a mining right application that could see it build a platinum mine known as Platreef.

Glencore to sell silver for $900m payment

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Glencore made further progress on its debt reduction strategy after selling a share in its future silver output from its Antamina mine in Peru.

MPRDA may be split, says Ramatlhodi

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The provisions relating to oil and gas may be separated from the Mineral & Petroleum Resources Development Act, said SA's mines minister.

IDC not planning disposal of listed assets

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The Industrial Development Corporation was not considering selling any assets as this would send it "cap in hand" to the National Treasury to cover borrowings.

Zambia to resist opposition to royalty

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Zambia's finance minister Alexander Chikwanda said the country would press ahead with a royalty-based tax system despite opposition from mining firms.

Amplats share may reverse sharply

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Shares in Anglo American Platinum may reverse sharply once the costs of returning strike-hit production were computed.