SA coal exports may hit 75Mt supply ceiling, says Exxaro
SOUTH Africa’s coal industry may struggle to supply more than about 75 million tonnes a year to the Richards Bay export corridor even if Transnet restores rail capacity above…
Exxaro export coal prices surge amid Middle East conflict
EXPORT thermal coal markets improved in the first half of 2026, said Exxaro Resources, with the Johannesburg miner saying prices increased to as much as $124/t – a 35% lift –…
Exxaro Resources is breaking from its iron shackles
THERE has always been a tight correlation between the share prices of Exxaro and Kumba Iron Ore. That’s because Exxaro’s 20% stake in Kumba subsidiary Sishen Iron Ore Company…
Coal miner Thungela digs in over shareholder rights
IT’S necessary to state from the outset that the current legal battle between Aeon Investment Management, Fossil Free SA and shareholder activist Just Share on the one side and…
There’s more to Exxaro price surge than energy security
SHARES in Exxaro Resources ran to a three year high this week and were not far short of their five-year high, reached in 2022. That was shortly after Russia’s invasion of…
Exxaro says coal contract talks may be “strained” by oil crisis
COAL contract negotiations could become “more strained” owing to energy security concerns even as the same worry is forcing buyers to seek longer contracts, said Exxaro Resources…
From millstone to option value: How SA has changed for Anglo
THE perceived regulatory and social risks of South Africa used to weigh heavily on Anglo American’s investment rating. Known as the ‘South African discount’, Anglo executives…
ARM confirms bid to build Ngqura manganese terminal
AFRICAN Rainbow Minerals (ARM), the Patrice Motsepe company, confirmed it was participating in a bid to build and operate a new manganese export facility in Ngqura port in South…
SA coal exports continue turnaround rising 10.7% last year
SOUTH African coal exports from Richards Bay increased 10.7% in 2025 which represents the highest volume in four years. Richards Bay Coal Terminal, an industry-owned and operated…
From DRD to Gold Road: the quiet rise of Ian Murray
This article was first published in The Mining Yearbook 2025 Some people are destined to be accountants; others feel they should have a seat on a beach somewhere. Occasionally,…
Thungela warns of impairment as coal price flags in 2025
THUNGELA Resources raised the prospect of impairing assets following a year of lower coal prices in 2025, and despite a strong production and cost performance. Commenting in his…
SA coal exports flat in 2025 despite Transnet progress
COAL railed for export from South Africa so far this year implied total volumes for 2025 of 56.4 million tons, less than last year’s 56.9Mt. Commenting in his pre-close…
SA iron ore exports could face margin squeeze
A PILLAR of Kumba Iron Ore’s business case is that about two-thirds of its 35 to 37 million tons in annual production is sold as lumpy iron ore. Steelmakers pay a premium for…
Glencore in talks on Mokala manganese offtake deal
GLENCORE said on Wednesday it had exercised its tag along rights in respect of an offer for the Mokala manganese mine in South Africa’s Northern Cape province. It’s understood…
Exxaro reins in copper ambitions after manganese deal
SOUTH African coal producer Exxaro Resources has scaled back ambitions to add copper to its portfolio after losing out on a producing mine in Botswana, said Bloomberg News.…
From DRD to Gold Road: the quiet rise of Ian Murray
SOME people are destined to be accountants; others feel they should have a seat on a beach somewhere. Occasionally, there are individuals who get to do both. Enter Ian Murray,…
Tsengwa proud despite acrimonious Exxaro exit
FORMER Exxaro Resources CEO Nombasa Tsengwa said her controversial departure from the mining giant earlier this year cannot overshadow her fulfilling two-decade career with the…
Exxaro gets the edge in tricky manganese consolidation
AFTER casting its line far and wide for three years to diversify from thermal coal production, Exxaro Resources now has its foot in the door in the Northern Cape’s manganese…
Exxaro reaches separation deal with former head of coal
EXXARO Resources said on Monday it had reached a separation agreement with Kgabi Masia, head of coal for the company since March, 2022. “This development will not affect the…
Can Ben Magara make the difference at Exxaro?
WHEN Ben Magara was officially named CEO of Exxaro Resources, people in the room applauded; some even cheered. “They always do that,” an analyst said when asked if the…