COAL of Africa (CoAL), the embattled coal exploration and production company, continued its efforts to shore up its balance sheet issuing $44.8m in shares, and said it had revamped its board announcing the appointment of former Impala Platinum (Implats) CEO, David Brown, as its chairperson.

Transnet on Monday raised the curtain on its recently announced $37 billion expansion programme, saying it included an ambition to take thermal coal rail capacity to 98Mt per year by 2019.

Gold One International shareholders who choose to cash in on a takeover offer from a Chinese consortium would bag their returns before Christmas, after the offer on Monday became unconditional.

Ghana will seek to boost revenues from its mining industry next year by hiking taxes, according to a text of the 2012 budget delivered to parliament on Wednesday. The corporate tax rate on miners will increase to 35% from 25% and a separate 10% tax on windfall profits will be introduced, according to the text.

HARMONY Gold posted a more than three-fold increase in quarterly earnings on Monday, beating expectations on bullion's record run. The average price in the July-September quarter was up about 13% from the previous quarter, at just over $1,700 an...

HARMONY Gold said on Monday a decision on a proposed separate listing for the companys Evander operations would be made within two years, as it was considering all sorts of options to make the most of the assets potential wealth. CEO Graham Briggs...

THE controversial steps taken by Zambia's new President Michael Sata in that country's mining industry is aimed at bringing partnerships and inclusivity into the industry, said Arshad Dudhia, one of the Zambia's leading lawyers. Dudhia was ...

Gold Fields posted a 3% rise in third quarter gold production on Wednesday, as the world's fourth-largest gold miner overcame a strike that halted output for five days in July.

The National Union of Mineworkers (NUM) said on Friday separate wage talks with Exxaro Resources and Impala Platinum had deadlocked but strike action was not imminent.

A handful of diamond mining companies affected by crippling power cuts in Zimbabwe have been forced to set up their own dedicated R36m power line, a newspaper reported Sunday.

[miningmx.com] -- CENTRAL Rand Gold (CRG) may have to close its mine as early as next week after a government order, the Sunday Times reported, citing Bheki Khumalo, spokesman for the Department of Mineral Resources. CRG, in which

[miningmx.com] -- THE riots that took place at platinum junior Platmin on June 23 could delay the projected ramp-up to full production from the Pilanesberg Platinum mine (PPM) by three to six months. Previous guidance from Platmin CEO Tom Dale was that