Discovery targets mining with 24-hour renewables plan
DISCOVERY Green has signed several mining companies to a renewable power offering that targets 90% of their electricity needs. A mix of wind, solar and batteries can help meet…
Exxaro sells Moranbah South to Aussie miner for R1.68bn
EXXARO Resources has sold its stake in Australian metallurgical coal mine Moranbah South to Stanmore Resources, a Brisbane-based coal producer, for $105m (R1.68bn). The South…
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 lifts Grootegeluk rail shipments 50%
EXXARO Resources has recorded a roughly 50% improvement in direct coal railings from its Grootegeluk mine in the Waterberg coalfield in Limpopo to Richards Bay, CEO Ben Magara…
Exxaro flags up to 23% earnings fall on lower Sishen, BMM income
EXXARO Resources expects first-half earnings to fall by as much as 23% after lower contributions from its investments in Sishen Iron Ore Company (SIOC) and Black Mountain Mining…
Exxaro in advanced talks on copper diversification
EXXARO Resources is in advanced discussions regarding a potential copper investment which it hopes to advance in the next 12 months, the group’s head of business development said…
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…
Exxaro concludes 9.3mt coal sale with Eskom
EXXARO Resources said on Thursday it had signed an agreement with Eskom, South Africa’s power utility, to supply 9.3 million tons of coal a year to Matla power station, near…
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…
Exxaro boosts payout as Iran crisis drives coal higher
EXXARO Resources declared a R10 per share (R3.4bn) final dividend today following robust headline profits for the year ended December. The payout, 15% higher than last year, was…
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…
Exxaro cuts renewable energy target as revises capital plans
EXXARO Resources confirmed it is reviewing its dividend policy, an outlook CEO Ben Magara first made clear last year after agreeing to buy the manganese assets of Ntsimbintle…
Precious metals to the rescue for SA budget
THE recent boom in gold and platinum group metal (PGM) prices is set to provide the South African fiscus with a much-needed boom over the next few years. A report released by RMB…
Exxaro manganese deal becomes unconditional
EXXARO Resources’ acquisition of manganese mines from Ntsimbintle Holdings and OMH Mauritius Corp. was today declared unconditional. First announced in May, the deal – which…
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,…