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Black-owned Exxaro commits to fresh BEE in rejigged coal deal

By: Martin Creamer 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 transfer of ownership to it. While it... 

Mgojo transitioning to Exxaro CEO post as Nkosi begins exit process

By: Martin Creamer Mxolisi Mgojo, the executive responsible for carbon operations at the JSE-listed diversified mining company Exxaro Resources, has been appointed to serve as CEO-designate of the black-controlled company as part of a year-long exit process by incumbent CEO Sipho Nkosi, who will retire in March... 

Exxaro confirms take-or-pay coal rail contract with Transnet

By: Martin Creamer Black-controlled coal mining company Exxaro on Thursday confirmed that it has signed a take-or-pay rail contract with the State-owned freight logistics group Transnet Freight Rail (TFR) for the railing of its coal to the Richards Bay Coal Terminal (RBCT) in KwaZulu-Natal. This follows BHP... 

Company Announcement: Exxaro Joins the Road Transport Management System

Diversified resources company Exxaro Resources Limited has become the first company in South Africa to achieve Road Transport Management System consignor and consignee accreditation 


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