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Cennergi wind farm enters commercial operation

By: Megan van Wyngaardt     28th July 2016 Local independent power producer Cennergi on Thursday celebrated achieving commercial operations at its 134 MW Amakhala Emoyeni wind farm, near Bedford, in the Eastern Cape. Cennergi, a 50:50 joint venture between miner Exxaro Resources and Tata Power, was selected as the preferred bidder for two... 

Waterberg rail supply disappoints Exxaro

By: Martin Creamer     28th June 2016 Rail supply in the Waterberg region since the beginning of the year has been disappointing, Exxaro Resources said on Tuesday. The JSE-listed company reported receiving only 3.5 trains a week from Transnet Freight Rail instead of the required five, a situation likely to persist until the... 

Tronox opens new R3.3bn Fairbreeze mineral sands mine in KZN

By: Martin Creamer     19th April 2016 Heavy minerals mining company Tronox on Tuesday officially opened its new R3.3-billion Fairbreeze mine in KwaZulu-Natal. This is the latest mine of the New York Stock Exchange-listed Tronox, headed by chairperson and CEO Tom Casey, who said the company was also considering a related beneficiation... 

FAREWELL TO MINING SUPER STAR

By: Martin Creamer     18th March 2016 Executives paid warm tributes to outgoing Exxaro CEO Sipho Nkosi at last week’s presentation of 2015 financial results, when the JSE-listed company’s coal business marked the bowing out of this mining super star with a 29%-higher net operating profit. Nkosi is handing over the reins of the... 

Unlock South Africa/Botswana coal in tandem, Exxaro urges at Indaba

By: Martin Creamer     9th February 2016 All stakeholders should recommit to the development of the Waterberg coalfields in tandem with neighbouring Botswana in order to unlock the entire region’s coal potential and improve transport economics, Exxaro Resources CEO designate Mxolisi Mgojo urged on Tuesday. Speaking at the 2016... 

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

By: Martin Creamer     12th August 2015 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     30th March 2015 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     5th March 2015 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

     17th August 2012 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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