R/€ = 14.21
R/$ = 10.34
Au 1243.02 $/oz
Pt 1381.00 $/oz
Oct 18, 2012
Aug 10, 2012
Black-controlled Exxaro Resources has an interesting interplay with the media after each of its results presentations, involving Exxaro CEO Sipho Nkosi and his team sitting cheek by jowl with the media for as long as there are questions – and not ducking the...
Jun 05, 2012
Just a few months after its acquisition of African Iron in March, Exxaro said it was making progress in the development of the Mayoko iron-ore project, in the Republic of Congo. Executive GM of Business Growth Ernst Venter told attendees of the African Iron Ore...
Jun 05, 2012
South African diversified miner Exxaro will upgrade a railway line in the Republic of Congo to transport at least 10-million tons a year by 2016 as it moves to exploit its recently acquired Mayoko iron-ore project, an official said on Tuesday. The French-built...
Apr 05, 2012
Mining group Exxaro has confirmed that its coal-based Thabametsi independent power producer (IPP) project has been excluded from its new energy joint venture (JV) with Tata Power, dubbed Cennergi, but that it remains keen to move ahead with the development. In fact,...
Jan 11, 2012
South Africa’s black-controlled diversified mining company Exxaro Resources is putting the Republic of Congo (RoC) on the map as a new African iron-ore development frontier with its R3-billion (A$338-million) cash takeover offer of African Iron. Exxaro CEO Sipho...
Jan 10, 2012
Perth-headquartered African Iron on Tuesday fuelled further speculation that it was in the midst of takeover negotiations after requesting a share trading halt on the Australian bourse. Trading in African Iron shares was expected to resume no later than Thursday, or...
Feb 26, 2010
Feb 25, 2010
JSE-listed coal-mining company Exxaro intends forming a clean-energy company in which it will raise funding for clean-energy projects with strategic partners, Exxaro Executive GM business growth Ernst Venter said on Thursday. Venter said in reply to Deutsche Bank...
Feb 25, 2010
Nov 05, 2009
The JSE-listed diversified mining company Exxaro on Thursday took its coal business downstream in a move that has the potential to match the current earnings of its flagship Grootegeluk coal mine in the next five years. In opening its R300-million, 140 000-t/y char...
Jul 03, 2009
South Africa currently produces about 250-million tons of coal a year. In the next ten years, it is estimated that about 48-million tons a year of this capacity will be lost as mines reach the end of their productive lives and close. Considering coal consumption by...
Feb 10, 2009
South Africa could not afford the inefficiency of its mismatched port and rail capacity on the coal line, and needed additional rail capacity for coal exportation, Exxaro Resources executive GM business growth Ernst Venter said on Tuesday. Venter told the Mining...
Sep 18, 2008
Sep 08, 2008
Black economic empowerment mining company Exxaro was hoping to export 26-million tons Diversified miner Exxaro was hoping to export 26-million tons a year of coal from the Waterberg region in South Africa, executive GM Ernst Venter said at this year’s Coaltrans...
Sep 04, 2008
South Africa’s fourth-largest coal producer, Exxaro Resources, on Thursday commissioned its first greenfields coal mine, Inyanda, near Witbank, in Mpumalanga. Exxaro head of growth and development Ernst Venter said that the R269-million project took only 14 months...
Jul 02, 2008
Diversified miner Exxaro Resources on Wednesday announced changes to its executive management structure, including the creation of a business growth division, and the consolidation of its mineral sands and base metals units into a single division.
Jun 05, 2008
JSE-listed diversified-miner Exxaro Resources on Thursday, which was also World Environment Day, launched the Exxaro Chair in Business and Climate Change (ECBCC) initiative, which aims to mitigate the effects of climate change. Exxaro was providing R3-million in...
Mar 20, 2008
South Africa has hidden energy in the Waterberg – some 50-billion tons of it. A quarter of those 50-billion tons could be mined using the opencast mining method, and the remaining three-quarters of it using the underground mining method, depending on the...
Jan 11, 2008
South Africa's biggest supplier of coal to State-owned Eskom's power stations, Exxaro Resources, could start exporting a lower grade of the fuel to customers in India by the end of the year, a top official told Mining Weekly Online. The move would allow it...
Jan 10, 2008
A South African coal major's hopes to export lower-grade coal to Indian power stations might not be feasible, a well-known local expert on the fuel said on Thursday.
Dec 14, 2007
The inferred resource at the Grootegeluk coal mine, which will be the sole supplier of coal to Eskom’s new power station, Medupi, is believed to be 10-billion tons reports Exxaro executive GM Ernst Venter.
Jun 29, 2007
South Africa's largest diversified resources company, Exxaro, has big plans to open up the Waterberg coalfield's treasure chest. The coalfield has an estimated resource of 75-billion tons of coal, which is 40% of South Africa's remaining coal resource....
May 31, 2007
Diversified resources group Exxaro Resources (Exxaro) announced on Thursday that would buy one-million tons a year of Richards Bay Coal Terminal (RBCT) capacity entitlement from the worlds biggest resources group, BHP Billiton, raising its total entitlement to...
Jan 29, 2007
Diversified resources group Exxaro Resources (Exxaro) announced on Monday that it had started the construction programme for its new Inyanda coal mine, near Witbank in Mpumalanga, and expected it to reach full production during 2008.
Sep 08, 2006
The tenders for the boilers and turbines for Eskom’s new R26-billion, 2 250-MW base-load coal-fired power station – which is currently earmarked for a brownfield site near Lephalale, in Limpopo – have been issued, and will be awarded early next...
Aug 23, 2006
Thermal coal shipped from South Africa's Richards Bay Coal Terminal, the world's second-biggest coal export port, will trade near current levels of about $52 a metric ton over the next four years, Kumba Resources Ltd. said.
Aug 10, 2006
Diversified miner Kumba Resources and Eyesizwe Coal said that the approval of the Richards Bay Coal Terminal Phase V expansion, which was announced on Tuesday, has paved the way for the construction of their 50:50 joint venture, Inyanda coal mine.
Jun 06, 2006
JSE-listed diversified miner Kumba says that an accident at its Glen Douglas Mine in Gauteng Province has claimed the life of three of its employees and injured one employee. It is to launch a “thorough investigation into the fatal accident,” it said in a...
Apr 24, 2006
About 90% of South Africa’s electricity is produced by coal-fired power stations, with the remainder flowing from nuclear, renewable and hydro-power sources. However, there remains only sufficient economically-mineable coal reserves for another 20 to 50 years...
Nov 30, 2005
The Department of Minerals and Energy's Mine Health and Safety Council has named the Tshikondeni coal mine in South Africa's Limpopo province, operated by diversified metals and mining company Kumba Resources, as the Coal Mines division winner in its annual safety...
Nov 14, 2005
The opportunity cost to South Africa arising from the more than four-year delay in moving ahead with the Richards Bay Coal Terminal (RBCT) expansion, in Kwazulu-Natal, undoubtedly ran into billions of rands in lost export earnings.
Nov 03, 2005
Kumba Resources and Eyesizwe Coal responded immediately to the Richards Bay Coal Terminal (RBCT) expansion plan with confirmation of a R184-million investment into the Inyanda coal-mine in the Mpumalanga province.
Sep 28, 2005
The long-awaited start-up of the Richards Bay Coal Terminal Phase Five expansion may be on the cards sooner than hoped for as Transnet spokesperson John Dludlu confirmed to Mining Weekly Online that it has “made a comprehensive proposal to the coal-miners and...
Jun 27, 2005
The South African Coal Preparation Conference and Exhibition will be hosted from from September 14 to September 16.
Jun 20, 2005
The South African Coal Processing Society, in association with The Fossil Fuel Foundation of Africa, has announced that it will host the South African Coal Preparation Conference and Exhibition on September 14-16, this year.