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Keaton restructures BEE shareholding

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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.

NUM drops demand to 10% as strike starts

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The National Union of Mineworkers has dropped its gold industry wage demands to 10% confirming the industry's belief there isn't appetite for prolonged strike activity.

Platinum market confounds analysts

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The minimal reaction of the platinum price to supply interruptions has analysts scratching their heads as to the quantum of inventories.

Diamond laws failed the sector: Zuma

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Diamond laws promulgated more than five years ago had failed to deliver the expected increase in employment.

Giyani buys Sumo, Horizon Enerji

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Giyani Gold Corporation said it had established a foothold in the energy sector buying Sumo Coal which operates a mine in Mpumalanga, and Turkey's Horizon Enerji.

Trans Hex points to “positive momentum”

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Trans Hex booked strong March quarter sales and said there was "positive momentum" in the diamond market.

Zuma urges shake up of energy sector

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South African president Jacob Zuma said the country's energy sector was due a radical shakeup to accommodate nuclear and "game-changing" shale gas.

Kuyasa plans $1.7bn, 600MW power plant

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Junior miner, Kuyasa Mining, said it was part of a consortium bidding to build a $1.7bn, 600MW power plant supplied with coal from Kuyasa's Delmas coal mine.

X2 Resources may bid for Vale nickel assets

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X2 Resources is said to be discussing the purchase of Vale's nickel assets which have been valued at between $5bn and $7bn.

DRDGold to sell mineral rights for R220m

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DRDGold is to sell mineral rights owned by its now closed gold mine, East Rand Properitary Mines or ERPM, to private company Walcott Capital for R220m.