https://www.miningweekly.com

Exxaro earnings rise 11%, dividend increased, coal exports soar

Exxaro CEO Sipho Nkosi

Exxaro CEO Sipho Nkosi

Photo by Duane Daws

21st August 2014

By: Martin Creamer

Creamer Media Editor

  

Font size: - +

JOHANNESBURG (miningweekly.com) – The headline earnings per share (HEPS) of the black-controlled diversified mining company Exxaro Resources increased 11% in the six months to June 30, for which it has declared an 11% higher interim dividend.

The JSE-listed company, headed by CEO Sipho Nkosi, upped its safety performance with a record 20 months without a fatality.

Coal production of 18.8-million tons allowed coal exports to soar 43% higher to 2.7-million tons.

The 11%-higher HEPS translated into 793c a share.

An 11%-higher interim dividend of 260c a share was declared in a half year in which the company raised R1-billion in a debut bond.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

ZF Aftermarket
ZF Aftermarket

ZF Aftermarket is the after-sales division of the world-renowned German ZF group, a global leader in mobility technology.

VISIT SHOWROOM 
Sulzer Pumps (SA) (Pty) Ltd
Sulzer Pumps (SA) (Pty) Ltd

Sulzer South Africa, established in 1922, partners with critical industries like power, oil & gas, water, mining, and chemicals to boost...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 21 August 2026
Magazine round up | 21 August 2026
21st August 2026

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.044 0.066s - 111pq - 2rq
Subscribe Now