Exxaro CEO Sipho Nkosi
Photo by: Duane Daws
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.