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Exxaro nabs prestigious prize

26th October 2018 2017 Standard Bank Woman of the Year winner Dr Nombasa Tsengwa has added another notch to her bow: that of SADC’s Most Influential Woman in Business and Government 2018. The Executive Head of Coal Operations at Exxaro Resources was named the winner in the Mining Category at Africa’s Most... 

Medupi power station project, South Africa

By: Sheila Barradas     12th October 2018 Unit 2 at the Medupi power station produced first power on October 7, 2018. 

Universal forecasts higher outputs

By: Esmarie Iannucci     10th October 2018 South Africa-focused coal miner Universal Coal has forecast a 29% increase in the 2019 earnings before interest, tax, depreciation and amortization (Ebitda), on the back of a 28% increase in sales tonnage and based on the current international coal pricing and foreign exchange forecasts. Ebitda... 

Exxaro eyes South32's coal assets, export quota - CEO

By: Reuters     3rd October 2018 South African miner Exxaro is eyeing South32's local coal assets, which include an export quota, as it looks to increase its exports, Exxaro's CEO told Reuters on Wednesday. "We have expressed interest at this very early round in the South32 assets," Mxolisi Mgojo said on the sidelines of the... 

2018 ‘challenging’ for South African mining companies – PwC

By: Marleny Arnoldi     2nd October 2018 The 12 months to June 30 proved to be a challenging year for South African mining companies, in contrast with the global mining industry, which achieved a considerable improvement in financial performance compared with the prior year. PwC on Tuesday released the tenth edition of its ‘SA Mine... 

Medupi power station project, South Africa

By: Sheila Barradas     28th September 2018 The remaining units at the Medupi project are progressing well against the revised schedule. 

Universal's A$18.6m deal advances

By: Esmarie Iannucci     8th August 2018 The South African Department of Mineral Resources (DMR) has given ASX-listed Universal Coal approval for the transfer of ownership of the Glisa and Eerstelingsfontein mining rights. Universal, through a 49%-owned subsidiary North Block Complex Proprietary (NBC), in March entered into an... 

Erudite adopts a fresh approach to transformation 

By: Nadine James     3rd August 2018 Becoming a sustainable and relevant mining industry service provider requires a genuine effort to meet and address issues of localisation and transformation, while fostering local partnerships to develop extractive projects in African countries, suggests engineering, procurement and construction... 

Lack of investment stymies SA coal producers

By: Nadine James     27th July 2018 A lack of investment is hindering the South African coal industry’s ability to capitalise on a period of relatively stable demand for thermal and metallurgical coal locally and abroad, says XMP Consulting senior coal analyst Xavier Prevost. The local coal industry is experiencing a challenging... 

Colliery Training College

27th July 2018 The Colliery Training College (CTC) – an important centre for artisan and mining skills training in Emalahleni, Mpumalanga – has been part of the coal mining industry since 1964. Prominent mining companies such as Anglo American Thermal Coal, Exxaro, Glencore, Izimbiwa Coal, Kangra Coal and... 

First African company announces science-based greenhouse gas target

By: African News Agency      19th July 2018 Emira Property Fund has become the first African and South African company to have a greenhouse gas emissions target approved by the Science Based Targets initiative (SBTi). The initiative is a collaboration between CDP, the United Nations Global Compact, World Resources Institute and the World... 

On-The-Air (06/07/2018) 

By: Martin Creamer     6th July 2018 Black-controlled mining company Exxaro has hit the high spots with the introduction of South Africa’s first ‘smart’ mine. A strongly black-empowered mining company is taking steps to raise money in London for its modern new phosphates operation in the Western Cape. The Bafokeng community is... 

Seriti Resources interested in Optimum Coal as it looks to export

By: Reuters     6th June 2018 South African miner Seriti Resources wants to move into exporting coal and would be interested in buying the assets and quotas of the Gupta family's Optimum Coal, its CEO said. Bidding for Optimum Coal would pit Seriti, which has ambitions to become a black-owned mining champion, with bigger... 

Youth Employment Service to benefit 1m young people  

By: Marleny Arnoldi     27th March 2018 President Cyril Ramaphosa on Tuesday launched the Youth Employment Service (Yes) initiative – a business-led partnership with government, labour and society, that aims to empower one-million young South Africans between the ages of 18 and 34 through paid work experiences over the next three years.  

Mining Charter, sustainability and coal make this week's headlines 

23rd March 2018 This week, ARM's Patrice Motsepe predicts a successful charter and land outcomes; Anglo commits to ambitious sustainability strategy and Exxaro’s Coal, rapid loadout projects are under construction. Mining Weekly editor Martin Creamer unpacks the headlines. 

Energy-intensive firms say carbon tax wrong tool for reducing power emissions

By: Terence Creamer     14th March 2018 The Industry Task Team on Climate Change (ITTCC), which includes many of South Africa’s largest mining and industrial companies, says the proposed carbon tax will have no material impact on reducing carbon emissions from the electricity sector, which is responsible for around half of the... 

Coal miner Exxaro declares innovation an imperative 

By: Martin Creamer     12th March 2018 Coal mining company Exxaro Resources, which sees modernisation and innovation as imperatives, will this year announce new partnerships to ensure that it remains sustainably competitive going into the future. The Johannesburg Stock Exchange-listed black-led company, which has already met... 

On-The-Air (09/03/2018) 

By: Martin Creamer     9th March 2018 Black-led mining company Exxaro is negotiating the launch of a Fourth Industrial Revolution technology business with a global know-how partner; Germany's tough court ruling against diesel pollution looks like being a blessing in disguise for South Africa's struggling platinum industry. Palladium... 

Mbazima urges immediate dialogue on rail, port expansion

By: Martin Creamer     5th February 2018 South Africa’s ability to revitalise crucial infrastructure, especially rail and port networks, is among the key actions needed to bring investment back into the South African mining industry, Anglo American South Africa deputy chairperson Norman Mbazima said on Monday. Speaking on first day of... 

Consultancy to partner with black entrants as they acquire Tier 1 coal assets

By: Martin Creamer     26th January 2018 Project delivery and engineering consultancy WorleyParsons RSA is once again answering the call for transformation and broader economic participation of previously disadvantaged South Africans. The company’s latest initiative is black entrepreneur development in coal, which will be its key focus... 

Concor Infrastructure forges ahead with new construction projects

By: Marleny Arnoldi     17th November 2017 Diversified infrastructure and services company Concor Infrastructure is halfway towards completing the additional 14-m-wide dual carriageway on the N2 highway between Mtunzini and Empangeni, in KwaZulu-Natal.  

Govt, NGOs, industry combining to fend off acid mine water threat

By: Ilan Solomons     10th November 2017 Acid mine drainage (AMD) is regarded as one of the greatest environmental challenges ever faced by South Africa, says Department of Water and Sanitation (DWS) mine water management chief director Marius Keet. During a recent seminar on the need to rehabilitate mine-contaminated ecosystems, he... 

Chamber of Mines wage offer favourable – Solidarity

By: Martin Creamer     3rd October 2017 Trade union Solidarity said on Tuesday that it had received a favourable wage offer from the Chamber of Mines, following extensive coal industry pay bargaining.   Mining Weekly Online can report that the wage offer ranges from 5.5% to 7.5% and involves a 7.5% wage increase at the Anglo Coal,... 

Exxaro, Solidarity sign three-year agreement

By: Martin Creamer     28th September 2017 Mining company Exxaro and trade union Solidarity have signed a three-year collective agreement on wages and other conditions of service, Mining Weekly Online can report.  The union said on Thursday that the first year’s pay increases of 7.5% to 10% would be back dated to July 1. 

Exxaro, NUM to resume wage negotiations on Friday

By: Creamer Media Reporter      14th September 2017 Diversified miner Exxaro has received a revised set of demands from the National Union of Mineworkers (NUM) and the parties will resume wage negotiations on Friday. “We've noted the decision by NUM to issue a strike notice. The strike action affects Grootegeluk coal mine, in Lephalale, as well as... 

Fatalities serve to remind industry of necessity to achieve zero harm – DMR

By: Ilan Solomons     1st September 2017 The recent spike in fatalities at South African mines, with the most recent occurring at Harmony Gold’s Kusasalethu mine, near Carletonville, should serve as a timely reminder to the mining industry that a significant step change in health and safety practices is needed to ensure the goal of zero... 

Colliery Training College

24th August 2017 Who are we? The Colliery Training College (CTC), an important centre for artisan and mining skills training in Emalahleni, Mpumalanga, has been part of the coal mining industry since 1964. Prominent mining houses (Anglo American Thermal Coal, Exxaro, Glencore, Izimbiwa Coal, Kangra Coal and South... 

WorleyParsons developing black enterprises 

By: Martin Creamer     21st August 2017 Project delivery and engineering consultancy WorleyParsons RSA is answering South Africa’s call for broader economic participation and transformation. The local company, which is part of the Australian Securities Exchange-listed WorleyParsons engineering group that serves the resources and energy... 

Colliery Training College

By: Zandile Mavuso     28th July 2017 The Colliery Training College (CTC) – an important centre for artisan and mining skills training in Emalahleni, Mpumalanga – has been part of the coal mining industry since 1964. Prominent mining companies such as Anglo American Thermal Coal, Exxaro, Glencore, Izimbiwa Coal, Kangra Coal and South... 

State capture casts long shadow over Eskom’s results  

By: Terence Creamer     19th July 2017 South Africa’s worst kept corporate secret was confirmed on Wednesday, when Eskom reported a sharp fall in after-tax profits to R888-million in 2017, from over R5-billion in the previous financial year. However, the results were overshadowed by serious allegations of corruption and... 

Construction on Exxaro’s new offices to start in September

By: Anine Kilian     18th July 2017 Real estate investment trust Growthpoint Properties has started the multimillion-rand development of a new head office for diversified miner Exxaro Resources. Exxaro’s new corporate headquarters will consolidate its current offices in Pretoria and Johannesburg into a single workspace, located at... 

Greenhouse tightening as govt imposes Paris agreement – Exxaro

By: Martin Creamer     26th June 2017 The legislative changes around emission of greenhouse gases is becoming more onerous as the South African government implements the Paris Agreement, diversified black-owned resources group Exxaro said on Monday, when the coal-mining major announced that “good progress” had been made finalising... 

Exxaro still in talks over unwinding of BEE transaction

By: Megan van Wyngaardt     3rd May 2017 Exxaro and black-economic empowerment (BEE) partner Main Street 333 (MS333) have agreed an implementation agreement for the unwinding of their transaction, containing the salient terms of the replacement BEE transaction, it said on Wednesday. However, it pointed out that the unwinding was subject... 

Black Mountain Mining establishes Esop 

26th April 2017 While mining companies Kumba and Exxaro have boasted successful employee share ownership plans over the last few years, Vedanta’s Black Mountain Mining has established a 7-year plan for its employees. Mining Weekly editor Martin Creamer speaks to Creamer Media's Sashnee Moodley about the payouts. 

R2.3bn Anglo coal sale to Seriti may hit Eskom ownership snag 

By: Martin Creamer     10th April 2017 A new aspirant South African mining champion on Monday announced its intention to purchase Anglo American’s Eskom-tied domestic thermal coal operations in South Africa, which would position the majority black-owned start-up as the potential second-largest provider of coal to the State electricity... 

Delayed legislation stopping mining from firing on all cylinders – Exxaro 

By: Martin Creamer     9th March 2017 South Africa’s economic growth remains inadequate to drive the changes required for the country’s socioeconomic challenges and the continued delay in the promulgation of key minerals legislation is deterring the investment required to make South Africa’s mining industry fire on all cylinders,... 

Exxaro to post attributable earnings of up to R6bn

By: Megan van Wyngaardt     2nd March 2017 Higher net operating profit from its coal mining business, paired with higher equity-accounted income from investments, will result in JSE-listed Exxaro Resources posting attributable earnings of between R5.17-billion and R6.08-billion for the year ended December 31. This compares with an... 

Employee dies in converyor belt incident at Exxaro’s Matla mine

By: Megan van Wyngaardt     2nd March 2017 The National Union of Mineworkers (NUM) has expressed concern about the number of fatalities occurring in the mining industry, after an employee at Exxaro’s Matla mine Shaft 2, Sibongiseni Majozi, was killed in a conveyor belt-related incident on Tuesday. "We are concerned that these fatalities... 

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