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COAL

Exxaro plans new Waterberg coal mine for exports

South African diversified miner Exxaro plans to develop a new coal mine in the Waterberg field that will supply 13-million to 15-million tons of coal for exports each year, a senior official said on Thursday. Exxaro is one of the largest coal...
10th May 2012
 
COAL

RBCT coal exports down to 5.17Mt in April

South Africa exported 5.17-million tons of coal from the Richards Bay Coal Terminal in April, down from 6.24-million tons the previous month, data showed on Monday. Africa's biggest economy - a major exporter of coal to power stations in Europe...
7th May 2012
 
POWER PROJECT

Exxaro pursuing coal-fired project independently of Cennergi

Mining group Exxaro has confirmed that its coal-based Thabametsi independent power producer (IPP) project has been excluded from its new energy joint venture (JV) with Tata Power, dubbed Cennergi, but that it remains keen to move ahead with the...
5th April 2012
 
Heavy Minerals Mining

Revised Fairbreeze BAR submitted in search of project approval

Diversified mining company Exxaro has compiled a revised basic assessment report (BAR) for necessary regulatory approvals on the Fairbreeze mine project, says Fairbreeze project manager Cobus Janse van Rensburg.
16th March 2012
 
CORPORATE ACTIVITY

Exxaro secures African Iron 99.75% acceptances

JSE-listed diversified miner Exxaro has received acceptances of about 99.75% of Africa Iron’s issued shares when its cash-offer period closed earlier this week. Exxaro also received acceptances of 98.7% of African Iron’s listed options and...
15th March 2012
 
RENEWABLE ENERGY

Resources Watch Video Available

This week: Coal miner Exxaro will submit five renewable energy bids. Pan African Resources reports record earnings. And, South Africa should be extremely concerned about Implats’ strike, says Northam.
8th March 2012
 
ENERGY

Exxaro, Tata move power JV forward

South African diversified resources company Exxaro and India-based power utility Tata Power Company, through its subsidiary Khopoli Investments, are expected to launch a 50:50 joint venture (JV) energy company next month. The initial project...
5th March 2012
 
Projects Update

Grootegeluk Medupi expansion project, South Africa

Exxaro Resources has reported that the construction of the Grootegeluk Medupi expansion project continues to progress to deliver first coal in May 2012.
2nd March 2012
 
COAL

Infrastructure challenges hinder progress of coal sector

Sandton-based coal developer CIC Energy is keen to export coal from Botswana but says the country’s government urgently needs to make a decision concerning the implementation of the Trans-Kalahari railway line project, as the coal industry needs...
2nd March 2012
 
diversified miner

Exxaro FY earnings up 40% on higher prices Video Available

Exxaro finance director Wim de Klerk South African diversified miner Exxaro on Thursday reported a 40% rise in full-year profit, boosted by strong demand and higher prices for the majority of its commodities and despite negative currency effects. Exxaro, South Africa's...
23rd February 2012
 
Mining Services

Project and portfolio manager completing major contracts

Work on the project control office for diversified miner Exxaro’s Grootgeluk Medupi expansion project, near Lephalale, Limpopo, will be completed soon, says Enterprise project management solution provider UMT Consulting South Africa.
17th February 2012
 
African Iron

Company Announcement: African Iron [ASX: AKI] Exxaro's offer now unconditional and extended to 28 Feb 2012 PDF Available

The Company’s Independent, Non-Executive Chairman Dr Ian Burston, said “Shareholder support for the bid is clearly evident, with a substantial flow of acceptances in the last few days. As Exxaro has now received acceptances of more than 50%,...
15th February 2012
 
 
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