Exxaro posts 6% drop in adjusted earnings

2015-03-05 09:07

Coal producer Exxaro says its adjusted full-year earnings have fallen 6% due to an impairment charge of R5.8bn related to an iron ore project in the Congo Republic.

Exxaro managing costs well - CEO

2014-08-21 18:12

Exxaro is on firm ground to make great strides in the mining industry because it manages costs diligently, says boss Sipho Nkosi.

Exxaro Resources earnings up

2014-08-21 09:22

Diversified resources group Exxaro has reported a rise in first-half earnings on as it lifted coal exports on the back of a weaker rand.

Motlanthe upbeat on mine rescue talks

2013-06-14 13:20

Deputy President Kgalema Motlanthe says the government, mining houses and trade unions will leave no stone unturned in their bid to resolve problem issues.

Africa urged to make better China deals

2013-04-12 22:00

For more than a decade Africa has rolled out the red carpet for Chinese investors, but the continent is urged to hammer out better deals at the bargaining table.

Striking Exxaro miners back at work

2013-03-25 14:39

All striking miners at five collieries and a char plant owned by Exxaro Resources have returned to work, with full production likely to resume soon.

Exxaro strike comes to an end

2013-03-24 10:22

The strike at several Exxaro operations has ended with workers agreeing to return to work next week, the mining company says.

Exxaro earnings hit by lower coal price

2013-03-07 08:04

Diversified miner Exxaro has posted a 33% drop in full-year earnings, hit by lower coal export prices and volumes.

Exxaro falls after profit warning

2012-11-30 11:42

Shares of Exxaro fell more than 2% after the diversified mining firm said full-year headline earnings per share are expected to fall by at least 20%.

KZN approves controversial dune mine

2012-07-20 09:37

The KwaZulu-Natal environmental affairs department has approved a controversial project to mining firm Exxaro KZN Sands reportedly worth about R2.4bn.


Richards Bay coal terminal to stop issuing data

2014-10-23 14:30

Richards Bay Coal Terminal has decided to not release operational updates detailing shipments of coal, because it is competitive information, the company CEO says.


Exxaro boss Sipho Nkosi tells Fin24 the group is confident about Medupi's unit six coming on line in December as it announced an 11% rise in first-half earnings.

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Job cuts loom as Exxaro mulls closure

2013-08-08 18:42

Coal miner Exxaro Resources says it is considering shutting down its money-losing New Clydesdale Colliery, putting more than 400 jobs on the line.

Mining sector rescue talks commence

2013-06-14 11:15

Mining houses and trade union top officials have arrived for a meeting with Deputy President Kgalema Motlanthe in a bid to resolve problems facing the sector.

Exxaro to mine iron ore in Congo

2013-04-11 08:04

Exxaro Resources expects to start mining iron ore in the Republic of Congo this year, with an eye to producing up to 11 million tons a year, the miner says.

Rand on firmer ground

2013-03-25 09:03

The rand is on a slightly firmer footing against the dollar, buoyed by weekend news that a strike at mining firm Exxaro has been resolved.

Workers reject Exxaro pay offer

2013-03-19 11:12

Diversified miner Exxaro Resources says striking workers at five of its collieries have refused a one-off offer of R2 000 to get them to return to work.

Exxaro forecasts lower profit

2013-02-22 14:44

Diversified miner Exxaro Resources says it expects full-year earnings to drop by as much as 41%, worse than market expectations.

Exxaro says no to Makhado project

2012-10-01 13:40

Resources group Exxaro has decided not to exercise its right to take part in the development of the Makhado coal project with Coal of Africa.

Exxaro to list joint venture on NYSE

2012-06-17 12:26

In a week characterised by concerns about shrinking global demand for South African commodities, Exxaro is bucking the trend.

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