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Keaton Energy down, warns of losses

Nov 23 2012 15:35 Reuters

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Johannesburg - Shares of Keaton Energy tumbled 4.5% to R2.35 after the company said it expected to fall to a first-half loss of between 20 to 22 cents per share, compared with earnings of 8 cents in the previous year.

Keaton, a small-cap miner and processor of coal, did not give a reason for the expected loss.

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Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 

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