R/€ = 15.06 Change: 0.09
R/$ = 12.92 Change: 0.12
Au 1255.03 $/oz Change: 1.19
Pt 936.50 $/oz Change: 2.50


Construction on Exxaro’s new offices to start in September

By: Anine Kilian     18th July 2017 Real estate investment trust Growthpoint Properties has started the multimillion-rand development of a new head office for diversified miner Exxaro Resources. Exxaro’s new corporate headquarters will consolidate its current offices in Pretoria and Johannesburg into a single workspace, located at... 

Greenhouse tightening as govt imposes Paris agreement – Exxaro

By: Martin Creamer     26th June 2017 The legislative changes around emission of greenhouse gases is becoming more onerous as the South African government implements the Paris Agreement, diversified black-owned resources group Exxaro said on Monday, when the coal-mining major announced that “good progress” had been made finalising... 

#MiningCharter: Chamber of Mines concerned about capital flight 

By: African News Agency      16th June 2017 Chamber of Mines president Mxolisi Mgojo said on Thursday, that the mining industry was concerned about the new mining laws contained in the Reviewed Mining Charter, saying that these laws may result in capital flight from South Africa. Speaking on the sidelines of the Chamber’s media briefing,... 

Chamber going to court to halt devastating charter blow to already battered mining sector 

By: Martin Creamer     15th June 2017 The Chamber of Mines of South Africa will be applying at the earliest opportunity for a court date for a declaratory order on continuing empowerment consequences, as well as immediately seeking an interim court interdict to suspend the implementation of Mining Charter Three, the devastating set... 

Platinum drop fires social unrest as villagers turn on mines

By: Bloomberg     13th June 2017 More platinum wealth lies beneath South African soil than anywhere else on Earth, and for decades the companies that extracted the precious metal promised to help improve the lives of the impoverished people who live above their mines. Those communities are getting tired of waiting.... 

Praveer Tripathi

By: Martin Creamer     9th June 2017 This week we feature Praveer Tripathi, Senior vice president Atha-Africa Ventures, an India-rooted company that is developing the Yzermyn underground coal project in South Africa 


By: Martin Creamer     2nd June 2017 The 128-year-old Chamber of Mines of South Africa is heading for a new beginning under new president Mxolisi Mgojo, 57, the CEO of the R40-billion, 6 000-employee, black-controlled mining company Exxaro Resources, a company with mining experience in coal, mineral sands, zinc and iron-ore and... 

Zambezi Protocol guiding chamber in search for new identity

By: Martin Creamer     2nd June 2017 The 128-year-old Chamber of South Africa dropped a bombshell last week when it announced that it will be changing its name and identify and staging a new beginning. It also revealed that in doing so, it will be using the Zambezi Protocol as an important guiding light. 

Mgojo elected president as chamber heads for new beginning, new name, rebranding

By: Martin Creamer     24th May 2017 It is an organisation that is more relevant today than it has ever been in its 128-year history. Its role is so much more than mining. It operates in a changing environment and needs to contemplate its own new identity and name. 

Mining’s role as economic transformation lever must be used to the full

By: Martin Creamer     24th March 2017 For the past century, the view of mining by the governments of Africa has been deficient as it prioritised rent maximisation and ignored mining's innate ability to function as a powerful lever for structural economic transformation.  Rightfully, this point is being emphasised by the African... 

South Africa Inc must force government to repair damage its ineptitude is causing

By: Martin Creamer     17th March 2017 South Africa’s economic growth remains inadequate to drive the changes required for the country’s socioeconomic challenges and the continued delay in the promulgation of key minerals legislation is deterring the investment required to make South Africa’s mining industry fire on all cylinders.... 

Delayed legislation stopping mining from firing on all cylinders – Exxaro 

By: Martin Creamer     9th March 2017 South Africa’s economic growth remains inadequate to drive the changes required for the country’s socioeconomic challenges and the continued delay in the promulgation of key minerals legislation is deterring the investment required to make South Africa’s mining industry fire on all cylinders,... 

Exxaro CEO calls for nation to rethink BEE ownership, warns not to repeat past mistakes

By: Kim Cloete     8th February 2017 A new way of looking at black economic empowerment (BEE) ownership is needed to avoid the “pain and frustration” that has been experienced in the past, suggests Exxaro CEO Mxolisi Mgojo. “As leaders of one of the country’s largest employers, we should reassess current empowerment initiatives . .... 

Exxaro will support any ‘sustainable’ plan for restarting Arnot 

By: Terence Creamer     26th January 2017 Mining group Exxaro says it will be guided by Eskom on the future of the Arnot coal mine, in Mpumalanga, which was closed after Eskom’s contentious December 31, 2015, decision not to renew a 40-year coal supply agreement (CSA) with Arnot, an Eskom-tied mine operated by Exxaro. The termination of... 

Slide in BEE ownership to 30% won’t affect Eskom supply deals, says Exxaro

By: Ilan Solomons     9th December 2016 Diversified miner Exxaro Resources has assured investors that despite its black ownership falling below the 51% required by State-owned power utility Eskom for all its supply contracts, this will not affect its existing supply contracts with the utility. The company is set to introduce a new... 

Exxaro confident Eskom contracts safe, despite BEE ownership decreasing to 30%

By: Ilan Solomons     25th November 2016 Diversified miner Exxaro Resources has assured investors that despite its black ownership falling below the 51% required by State-owned power utility Eskom for all its supply contracts, this will not affect its existing supply contracts with the utility. The company is set to introduce a new... 

Exxaro outlines new BEE deal, R3.5bn share repurchase scheme

By: Ilan Solomons     23rd November 2016 Diversified miner Exxaro Resources will put in place a new black economic empowerment (BEE) scheme once the unwinding of its existing BEE agreement has been completed. Since its establishment in 2006, Exxaro’s BEE partner has been Main Street 333 (MS333), which owns 50.19% of the issued ordinary... 

DMR must be challenged, good governance must be assured

By: Martin Creamer     7th November 2016 Mining has the wealth-generating potential to boost economies, but countries blessed with a mineral endowment must at least do their bit by assuring good governance. Regrettably, against the background of the recently released 'State of Capture' report of former Public Protector Thuli Madonsela,... 

Exxaro over the moon on independent coal power selection

By: Martin Creamer     12th October 2016 The selection of Thabametsi as a preferred independent coal-fired power project has delighted black-owned mining company Exxaro, which will chip in a R3-billion first phase coal mine to supply 3.9-million tons of coal a year for 30 years to its power plant partners. Energy Minister Tina... 

Exxaro concludes Inyanda sale to Burgh, Lurco

By: Megan van Wyngaardt     4th October 2016 The Competition Commission has approved the acquisition of the Inyanda colliery by a consortium comprising Burgh Group and Lurco Group from Exxaro. Burgh and Lurco will continue to use the Inyanda plant, situated in the eMalahleni district in Mpumalanga, for coal beneficiation and foresees the... 

Mine land, water should be used for community development through agriculture

By: Martin Creamer     23rd September 2016 The calls made for mine land and mine water to be used for community development through agriculture need to be heeded. 

Mine land, water should be used for agriculture – Exxaro CEO 

By: Martin Creamer     14th September 2016 The vast tracts of land and abundant water supply held by mining companies around their mines should be used for community development through agriculture. “We sit on land, vast land. We sit on water resources, where because of new legislative requirements, we have to make sure that we put in... 

Boost Africa’s geoscientific knowledge, urges Zwane

By: Kim Cloete     29th August 2016 Mineral Resources Minister Mosebenzi Zwane has called on delegates to the thirty-fifth International Geological Congress (IGC) to rechannel their efforts into development on the African continent, which is lagging in terms of geoscientific knowledge. “On average, expenditure in the generation of... 

Exxaro eyes more renewables

By: Natasha Odendaal     18th August 2016 Following the success of its entry into renewable energy through a 50% wind farm joint venture (JV) with Tata Power, diversified miner Exxaro Resources is exploring further opportunities in clean energy. Independent power producer (IPP) Cennergi had marked its first income generation following... 

Tsitsikamma wind farm reaches commercial operation

By: Megan van Wyngaardt     18th August 2016 The 95 MW Tsitsikamma Community wind farm project, in the Eastern Cape, this week started commercial operation, marking the second wind farm by independent power producer Cennergi to achieve the milestone this year. Cennergi, a 50:50 joint venture between coal miner Exxaro Resources and India’s... 

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... 


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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