Keaton restructures BEE shareholding
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
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
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
Diamond laws promulgated more than five years ago had failed to deliver the expected increase in employment.
Giyani buys Sumo, Horizon Enerji
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”
Trans Hex booked strong March quarter sales and said there was "positive momentum" in the diamond market.
Zuma urges shake up of energy sector
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
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
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
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.