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Topic - Exxaro
Sep 30, 2015
South Africa's National Union of Mineworkers (NUM) said on Wednesday it would give coal companies a 48-hour strike notice after wage talks collapsed. "We have the certificate to strike and will give the companies 48-hour notice later," Peter Bailey, NUM's chief...
Sep 10, 2015
South African coal producers have raised their wage offer to unions, a spokeswoman for the chamber of mines, which negotiates on behalf of the industry, said on Wednesday. The talks come at a time when producers are closing some shafts in the wake of softer coal prices.
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
Apr 10, 2015
Mar 13, 2015
Mar 05, 2015
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...
Jan 30, 2014
South Africa-based diversified resources company Exxaro expects its consolidated net operating profit and attributable earnings per share for the year ended December 31 to show a year-on-year decrease of more than 20%, chiefly owing to the nonrecurring profit on the...
Jan 24, 2014
ZEST WAREHOUSE By focusing on effficiently managing the different processes in its warehouses, the company’s clients will benefit from timely shipments, which will ensure that products will be available to clients when needed
South Africa-based motor and controls supplier Zest WEG Group is implementing a warehouse management system at its head office in Linbro Business Park, in Johannesburg, to take customer service to another level.
Oct 01, 2013
Gold-from-dumps miner DRDGold is losing its executive director and CFO to Australia. Craig Barnes, a 42-year-old father of two, will leave the company and South Africa on January 1 next year. He has served in various capacities in DRDGold’s finance department since...
Aug 30, 2013
Established eight years ago, Johannesburg-based I-CAT Environmental Solutions has grown to become a leading environmental management company in South Africa, where its clients include major mining groups like Anglo American, DRDGold, Assmang, Kumba Iron Ore, Exxaro,...
Aug 23, 2013
Engineers do not really understand business. I heard that a large electrical engineering firm borrowed $400-million to "meet current liabilities”. I looked up its balance sheets and found that, on paper, anyway, it had more debt than it had equity and, thus, to my...
Aug 19, 2013
Exxaro CEO Sipho Nkosi
Underground coal gasification (UCG) holds promise as a future source of energy for South Africa, Exxaro CEO Sipho Nkosi said on Monday. Nkosi, who hosted a media lunch, told Mining Weekly Online that many companies were investing in UCG, a process of converting coal...
Aug 16, 2013
Wind energy producer Innowind has tasked Germany-based Vestas to install thirty-five V112 3.0 MW wind turbines at its three wind power projects in the Eastern Cape. The 105 MW order, Vestas’ largest to date, comprised the supply, installation and commissioning of...
Aug 08, 2013
Diversified resources group Exxaro is considering stopping production at its New Clydesdale Colliery (NCC), in Mpumalanga, while it continues to seek a buyer for the mine. The group has informed the relevant trade unions of its plans and a 60-day consultation process...
Jul 31, 2013
About 1 000 miners represented by the National Union of Mineworkers (NUM) were planning to hold a march at diversified resources group Exxaro's Arnot coal mine, 43 km outside Middelburg, on Wednesday afternoon. The members would present the company’s management with...
Jul 19, 2013
Jul 03, 2013
Leading wind turbine supplier Vestas has confirmed that it has received a firm order to supply 31 turbines to the 93 MW Tsitsikamma Community wind farm, which is being developed in the Eastern Cape by Cennergi, a joint venture between Exxaro and Tata Power. The...
Jun 19, 2013
Government has failed to play an effective facilitative role and to create a predictable and stable environment in the local mining industry, Webber Wentzel partner and head of Africa mining and energy projects Peter Leon said during a roundtable discussion on the...
Jun 10, 2013
Transnet SOC Ltd today shipped to Mozambique locomotives and passenger coaches manufactured at the company’s heavy engineering and manufacturing unit, Transnet Engineering as the company’s strategy to expand into the rest of Africa gathers momentum
Jun 10, 2013
The final seven units that make up a $20-million contract to supply rolling stock to Corredor De Desenvolvimento Do Norte (CDN) and Central East African Railways (CEAR), which operate railway concessions in Mozambique and Malawi, left Durban harbour on Saturday....
Jun 04, 2013
South Africa's Richards Bay Coal Terminal (RBCT) exported 4.35-million tonnes of coal in May, down from 6.24-million tonnes the previous month, RBCT data showed on Tuesday. South Africa, a major exporter of coal to power stations in Europe and Asia, had 2.47-million...
May 17, 2013
Apr 24, 2013
Diversified resources group Exxaro is calling for expressions of interest from parties to acquire its New Clydesdale Colliery (NCC) operation, near eMalahleni, in Mpumalanga. The company announced on Wednesday that it had started a process that could result in the...
Apr 12, 2013
Much of local railway component supplier voestalpine VAE SA’s 2013 business, which is fairly on par with its operational achievements and targets of last year, will be guided by the investments of major rail operators and mining houses, says CEO David Marite.
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