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Topic - Exxaro
Apr 19, 2016
South African coal miner Exxaro plans to cut up to 565 office jobs as it tries to cut costs in the face of depressed prices and the loss of a major contract, the Solidarity trade union said on Tuesday. "Exxaro served a Section 189 on us on Monday indicating that they...
Mar 28, 2016
California-based financial lender Vanderbilt Commercial Lending has presented TSX-V-listed Tango Mining with a proposal outlining a $30-million loan commitment to fund Tango’s acquisition and the capital required to restart the BK11 kimberlite diamond mine (BK11...
Mar 18, 2016
One of the two bidders for the first round of South Africa’s Coal Baseload Independent Power Producer Procurement Programme (CBIPPPP), Marubeni, of Japan, expects the evaluation of bids to begin in April, following an initial delay in the Independent Power Producer...
Mar 04, 2016
In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, shareholders of diversified resources group Exxaro are advised that Mr WA (Wim) de Klerk will, after much consideration and deliberation, be stepping down as Finance Director of the...
Mar 04, 2016
Exxaro FD Wim de Klerk
Wim de Klerk will step down as FD of diversified resources group Exxaro at end-August. De Klerk was requested to, during this period, assist outgoing CEO Sipho Nkosi to coordinate the process of identifying and appointing a successor, as well as assisting with the...
Mar 04, 2016
The National Union of Mineworkers (NUM) on Friday expressed its disappointment over the standoff between coal miner Exxaro and State-owned Eskom regarding the possible closure of Exxaro’s Arnot coal mine, in Mpumalanga, which was no closer to being resolved. This...
Feb 25, 2016
As a result of the current weakness in the ferrochrome industry and the lack of demand for semi-coke products, JSE-listed miner Exxaro expects its headline earnings for the year ended December 31 to drop by between 65% and 73% – or R3.15-billion to R3.53-billion –...
Feb 05, 2016
Eskom CEO Brian Molefe
As public hearings continued into State-owned power utility Eskom’s request for higher electricity tariffs, CEO Brian Molefe on Friday conceded that a spike in prices would impact the entire economy. Eskom had applied for a 16% hike to recover the billions of rands...
Jan 28, 2016
Jan 26, 2016
Dec 08, 2015
Dec 02, 2015
Dec 01, 2015
Power utility Eskom has expressed concern over reports about the possible closure of Arnot coal mine and the job losses that would inevitably follow such a move, as well as anger with what it termed the leaking of confidential information. "Eskom is deeply concerned...
Nov 20, 2015
Coal and heavy minerals miner Exxaro expects coal production and sales volumes for the 2015 financial year to top that of the prior 12 months, noting in a market update this week that the scheduled ramp-up of the Medupi power station and the inclusion of coal output...
Nov 13, 2015
Coal and heavy minerals miner Exxaro has commissioned a R385-million, 4.6-million cubic metre, environment-friendly cyclic-operated coal slimes ponds facility at its Grootegeluk mine, in Lephalale. The facility, which comprised four ponds, provided unlimited capacity...
Oct 30, 2015
South Africa-focused coal miner Universal Coal has reported a 13% decline in run-of-mine (RoM) coal production to 686 900 t for the quarter ended September, compared with the 790 687 t delivered in the previous quarter. The lower production was owing to a...
Oct 23, 2015
Diversified miner Exxaro on Friday said its majority black economic-empowerment shareholder consortium Mainstreet 333 (MS333) had secured a R700-million guarantee from the Industrial Development Corporation (IDC). In July, Exxaro said it would provide MS333 a...
Oct 22, 2015
Mineral Resources Minister Mosebenzi Zwane on Thursday called on mining companies to offer more bursaries to students in need. Speaking at a housing project, launched by mining company Exxaro, Zwane appealed for the sector to contribute more toward funding education...
Oct 13, 2015
Centralised collective bargaining discussions between National Union of Mineworkers (NUM) and coal producers continue on Tuesday, the Chamber of Mines said. Thousands of coal mine workers have been on strike for just over a week.
Oct 09, 2015
The recipients of the 2015 South African National Energy Association (Sanea)/South African National Energy Development Institute Energy (Sanedi) Awards were announced at a ceremony and banquet in Sandton last month. Sanea chairperson Brian Statham named Exxaro CEO...
Aug 20, 2015
Aug 12, 2015
Sipho Nkosi
Black-owned mining company Exxaro, which has succeeded in negotiating a $210-million cut in the purchase price of Total Coal South Africa, continues to be statutorily obliged to find a black economic-empowerment (BEE) partner as a government condition for the...
Aug 11, 2015
Aug 07, 2015
South Africa-based diversified resources group Exxaro expects its attributable loss a share for the six months ended June 30 to recover by some 20%, while headline earnings a share would likely improve by the same margin. It added in a trading statement on Friday...
Jul 24, 2015
Diversified miner Exxaro on Friday said it would provide its majority black economic-empowerment shareholder consortium Mainstreet 333 (MS333) a R400-million loan to repay a portion of a refinanced preference share facility. On the back of the commodity price slump...
May 07, 2015
Apr 17, 2015
JSE-listed logistics service provider Onelogix Group has obtained its Road Traffic Management System (RTMS) accreditation, which the company believes will add to the high-quality service that it already offers. Onelogix group CEO Ian Lourens tells Engineering News...
Apr 10, 2015
Mar 13, 2015
The Network for Business Sustainability research found that, while 93% of CEOs see sustainability as important for their company’s future success, most do not know how to successfully embed sustainability into their company, management consulting agency Blank Canvas...
Mar 05, 2015
Mxolisi Mgojo
Black-controlled coal mining company Exxaro on Thursday confirmed that it has signed a take-or-pay rail contract with the State-owned freight logistics group Transnet Freight Rail (TFR) for the railing of its coal to the Richards Bay Coal Terminal (RBCT) in...
Mar 05, 2015
Black-controlled diversified mining company Exxaro, which recorded a R3.2-billion net operating loss in 2014, expects challenging conditions to continue in 2015, the company said on Thursday. The net operating profit of the JSE-listed company, headed by CEO Sipho...
Dec 01, 2014
Ernst Venter
Diversified mining company Exxaro sprung a surprise on Monday when it revealed that its projects and ferrous head Ernst Venter would be leaving its employ at the end of February. The JSE-listed company said that Venter had opted to pursue other career opportunities...
Oct 16, 2014
The Tronox-owned Namakwa Sands smelter took a big leap by investing R242-million in a cogeneration (cogen) plant, but it has exceeded the company’s expectations in terms of energy cost savings. The 13.6 MW plant on South Africa’s West Coast uses waste gas that was...
Oct 08, 2014
The third Waterberg conference hosted by the Fossil Fuel Foundation in collaboration with Exxaro takes place on Wednesday 15th October at the Mogul Club in Lephalale with field trips to Exxaro’s coal processing plant for Medupi at its Grootegeluk mine and Eskom’s...
Sep 04, 2014
JSE-listed African Oxygen (Afrox) has inked a R147-million deal to supply nitrogen to Exxaro FerroAlloys’ West Pretoria plant for the next five years.  
Aug 22, 2014
Aug 08, 2014
Work has officially started at the Amakhala Emoyeni wind farm.
Jul 31, 2014
An aloe plant in the foreground as construction gets under way at the Amakhala Emoyeni wind farm project site
Work has officially started at Cennergi’s R3.5-billion Amakhala Emoyeni wind farm, located near Bedford, in the Eastern Cape. The 138 MW project was among the 19 renewable-energy and seven wind projects selected following the second bid window under the South African...
Jul 28, 2014
Exxaro CEO Sipho Nkosi
Black-controlled mining company Exxaro is to acquire the South African coal mines of French petroleum giant Total to create coal assets with far stronger black economic empowerment (BEE)credentials through the augmentaion of earlier BEE partnerships. The JSE-listed...
Jul 11, 2014
IMPROVED PROSPECTS Hall Longmore has a growing order book
Privately owned manufacturer of industrial components Barnes Group has acquired local steel-pipe maker Hall Longmore from construction and engineering group Murray & Roberts (M&R) in February. Hall Longmore MD Kenny van Rooyen tells Engineering News that, prior to...
Jun 24, 2014
Investment holding company Pembani on Tuesday announced that it had appointed outgoing Barclays Africa CEO Kennedy Bungane as CEO of the group with effect from August 1. Prior to joining Barclays, Bungane had worked within the Standard Bank group, had been the...
Jun 24, 2014
Diversified mining group Exxaro on Tuesday warned shareholders that it would write down its R5.36-billion investment in the Mayoko Iron Ore project in the Republic of Congo (RoC). After having failed to secure a definitive port and rail deal for the project and owing...
Apr 25, 2014
Electronic motor protection relays manufacturer NewElec will launch a multiprotocol interface in the second quarter, which will enable its NewCode relay to be more competitive, says NewElec MD Stuart Loudon. NewElec’s NewCode relay is an ISO 9001:2000-compliant,...
Apr 15, 2014
Mining group Exxaro has tasked integrated information and communications technology solutions and services provider Datacentrix with rolling out a document management system for plant maintenance. The mining group, in line with Department of Mineral...
Mar 20, 2014
Daphne Mashile-Nkosi
Kalagadi Manganese chairperson Daphne Mashile-Nkosi was named ‘CEO of the Year’ at the Africa CEO Forum, held in Geneva, Switzerland, this week. The coveted award recognised companies and individuals whose strategies  contributed to Africa’s economic ascendance,and...
Feb 12, 2014
Feb 05, 2014
Sibanye CEO Neal Froneman
JSE- and NYSE-listed gold mining company Sibanye was going all out to win the hearts and minds of all of its employees, its CEO Neal Froneman said on Wednesday. Froneman, who was taking part in a panel discussion at the Investing In African Mining Indaba, together...
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