Exxaro Resources Ltd

Type: Company
Name: Exxaro Resources Ltd (Kumba Resources)
First reported 13 hours ago - Updated 13 hours ago - 1 reports

On-The-Air (22/08/2014)

AMLive anchor Sakina Kamwendo on Friday presented another Update From The Coalface with Martin Creamer, publishing editor of Engineering News and Mining Weekly.Kamwendo: State-owned Transnet and Eskom have come to the party for black-controlled coal miner ... [Published Mining Weekly - 13 hours ago]
First reported 13 hours ago - Updated 13 hours ago - 1 reports

Sanea awards showcase industry focused on long-term sustainability

He noted that in selecting the winners in the respective categories, Sanea considered whether the work done was delivering on its promises and whether it would deliver benefits over a longer period of time.“We need more patience, perseverance and courage ... [Published Engineering News - 13 hours ago]
First reported 18 hours ago - Updated 14 hours ago - 3 reports

Exxaro to increase higher-margin coal exports - BDlive

...had been extended by 24 months and that would allow the group to continue looking at ways to make the project viable. Stanlib head of resources Sholto Dolamo said Exxaro's diversification strategy remained unclear and still posed risks from the...full ... [Published Liberty Group Limited - 14 hours ago]
First reported Aug 21 2014 - Updated 23 hours ago - 10 reports

Exxaro post 11% rise in first-half earnings

South African diversified resources group Exxaro reported an 11 percent rise in first-half earnings, as it lifted coal exports on the back of a weaker rand. Sipho Nkosi, CEO, Exxaro joins CNBC Africa to unpack those numbers further. ... [Published CNBC Africa - 23 hours ago]
First reported Aug 21 2014 - Updated Aug 21 2014 - 1 reports

EXX: EXXARO RESOURCES LIMITED - Announcement of Exxaro's Grootegeluk Medupi Expansion Project (GMEP) Revised Ramp-Up Schedule

Announcement of Exxaro's Grootegeluk Medupi Expansion Project (GMEP) Revised Ramp-Up Schedule EXXARO RESOURCES LIMITED Incorporated in the Republic of South Africa (Registration Number: 2000/011076/06) JSE share code: EXX ISIN code: ZAE000084992 ADR code: ... [Published JSE Securities Exchange - Aug 21 2014]
First reported Aug 21 2014 - Updated Aug 21 2014 - 1 reports

Concern about US rate hike takes its toll on JSE

THE JSE was weaker early on Thursday morning as concern that US interest rates may be hiked sooner than expected and worse than expected Chinese data weighed on the market.The minutes from the July US Federal open market committee meeting, released on ... [Published BDlive - Aug 21 2014]
First reported Aug 21 2014 - Updated Aug 21 2014 - 1 reports

EXX: EXXARO RESOURCES LIMITED - Reviewed condensed group interim financial statements for the six-month period ended 30 June 2014

Reviewed condensed group interim financial statements for the six-month period ended 30 June 2014 EXXARO Resources Limited Registration number: 2000/011076/06 JSE share code: EXX ISIN: ZAE000084992 ADR code: EXXAY (Exxaro or the company or the group) ... [Published JSE Securities Exchange - Aug 21 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

Private sector carries the economy, despite state's big plans

The private sector is the major driver of capital expenditure projects, despite government’s ambitions to become the juggernaut behind economic growth, through its infrastructure programme.This is according to data released by the Nedbank Group Economic ... [Published Mail & Guardian Online - Aug 18 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 4 reports

Exxaro Resources Ltd gives H1 2014 profit outlook

Exxaro Resources Ltd:Expects H1 2014 consolidated net operating profit as well as attributable earnings per share to show a decrease of more than 20 pct when compared to H1 2013.Decrease in consolidated net operating profit is mainly due to the non-recurring ... [Published Reuters - Jul 30 2014]
First reported Jul 29 2014 - Updated Jul 30 2014 - 12 reports

Exxaro to acquire Total's South African coal mines for N$5 bn

South African black-controlled mining company Exxaro is to acquire the local coal mines of French petroleum giant Total to create 100% black-owned coal assets.The JSE-listed Exxaro, headed by CEO Sipho Nkosi, has entered into a binding sale and purchase ... [Published Namibian Sun - Jul 30 2014]
First reported Jul 28 2014 - Updated Jul 29 2014 - 3 reports

Exxaro to acquire Total's South African coal mines for $472m - Engineering News

...consent in terms of Section 11 of the Mineral and Petroleum Resources Development Act, No 28 of 2002. The South African Reserve Bank must okay the foreign exchange and the RBCT board approve the changed port allocation. The drop-dead date of...full ... [Published Liberty Group Limited - Jul 29 2014]
First reported Jul 28 2014 - Updated Jul 29 2014 - 18 reports

NEWS: Total sells assets to Exxaro

Total gas has signed an agreement with Exxaro Resources Ltd for the sale of its 100% stake in Total Coal South Africa (TCSA), its coal-producing affiliate in South Africa. The consideration for the transaction is $472m, with completion of the sale subject ... [Published Finweek - Jul 29 2014]

Quotes

...It will be listed on the Stock Exchange. It will still drill in deep waters for oil and gas off the West Coast, but it’s saying, "we need to hive off some of those assets which are in South Africa, which don’t get enough management attention, which don’t get enough capital." So, they’re hiving off the aluminium, the manganese and also the energy coal...
"They started taking coal in June of this year and of course with unit number six starting in December, we are now confident that that project will work very well" , Nkosi said
"[It is] a great settlement for Exxaro but also a good settlement for Eskom and for South Africa, something that makes sense to all the parties as a result of the lateness of the Medupi power station project" De Klerk told investment analysts and journalists
In any event, Exxaro was confident enough to declare an 11% year-on-year increase in the interim dividend of some 260 cents per share. "When we made the decision to pay the dividend we took our aspirations and the market into account" said De Klerk

More Content

All (132) | News (124) | Reports (0) | Blogs (4) | Audio/Video (0) | Fact Sheets (4) | Press Releases (0)
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On-The-Air (22/08/2014) [Published Mining Weekly - 13 hours ago]
Sanea awards showcase industry focused on long-... [Published Engineering News - 13 hours ago]
Exxaro to increase higher-margin coal exports -... [Published Liberty Group Limited - 14 hours ago]
Exxaro will increase higher-margin coal exports [Published World Coal - 17 hours ago]
Exxaro profit boosted by 43% higher coal exports [Published MiningReview.com - 18 hours ago]
Exxaro post 11% rise in first-half earnings [Published CNBC Africa - 23 hours ago]
Exxaro to increase higher-margin coal exports [Published BDlive - Aug 22 2014]
Exxaro Resources' (EXXAF) CEO Sipho Nkosi on 20... [Published Seeking Alpha - Aug 21 2014]
Exxaro managing costs well - CEO [Published Finance 24 - Aug 21 2014]
Transnet, Eskom coal boost for black-controlled... [Published Mining Weekly - Aug 21 2014]
Exxaro parlays diversification into coal exports [Published Mining MX - Aug 21 2014]
EXX: EXXARO RESOURCES LIMITED - Announcement of... [Published JSE Securities Exchange - Aug 21 2014]
Concern about US rate hike takes its toll on JSE [Published BDlive - Aug 21 2014]
Exxaro profit up on higher coal exports [Published AA South Africa - Aug 21 2014]
Exxaro profit up on higher coal exports [Published IOL - Aug 21 2014]
Exxaro coal exports shoot up by 43% [Published BDlive - Aug 21 2014]
Exxaro earnings rise 11%, dividend increased, c... [Published Mining Weekly - Aug 21 2014]
EXX: EXXARO RESOURCES LIMITED - Reviewed conden... [Published JSE Securities Exchange - Aug 21 2014]
AccTech implements Microsoft for Iemas [Published IT-Online - Aug 19 2014]
Private sector carries the economy, despite sta... [Published Mail & Guardian Online - Aug 18 2014]
The battle for jobs in Lephalale [Published ENCA - Aug 17 2014]
Adding up the numbers [Published Mining MX - Aug 15 2014]
Major South African assets fail to make cut in ... [Published Mining Weekly - Aug 15 2014]
LETTER: BEE can work [Published Financial Mail - Aug 14 2014]
Gallery: Township life next to an Eskom power s... [Published ENCA - Aug 13 2014]
Norton Rose Fulbright advises Exxaro Resources ... [Published Norton Rose Canada - Aug 12 2014]
Coal Mining Industry in South Africa to 2020 [Published MyNewsDesk - Aug 12 2014]
Investor sentiment darkens for coal [Published Markit - Aug 12 2014]
New Market Study, "Coal Mining in South Africa ... [Published SBWire - Aug 11 2014]
Norton Rose Fulbright advises Exxaro Resources ... [Published Polity.org.za - Aug 11 2014]
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Tata Power to commission 2 South African wind p... [Published Panchabuta-Renewable Energy & Cleantech in India - Jun 01 2014]
According to reports, country’s leading power utility Tata Power expects commissioning of its two South African wind projects, having total capacity of nearly 229 MW, by fiscal year 2017. Tata Power, which has an installed generation capacity of 8,560 ...
Tata Power to commission 2 South African wind p... [Published Panchabuta - Cleantech & Renewable Energy in India - Jun 01 2014]
According to reports, country’s leading power utility Tata Power expects commissioning of its two South African wind projects, having total capacity of nearly 229 MW, by fiscal year 2017. Tata Power, which has an installed generation capacity of 8,560 ...
Share Shoot Out, AECI, Sasol, Foschini, SABMill... [Published ABN Digital - YouTube - Apr 23 2014]
<a style="font-size: 15px; font-weight: bold;font-decoration: none;" href="http://www.youtube.com/watch?v=U-FVVB4GNv0&feature=youtube_gdata"&gt;Share Shoot Out, AECI, Sasol, Foschini, SABMiller, Taste Holdings, Exxaro, Lavan Gopal from Trademar Futures ...
Share Shootout: Bidvest, Exxaro, NGPLT, Richemo... [Published ABN Digital - YouTube - Jan 29 2014]
<a style="font-size: 15px; font-weight: bold;font-decoration: none;" href="http://www.youtube.com/watch?v=iYAr6U0JgU0&feature=youtube_gdata"&gt;Share Shootout: Bidvest, Exxaro, NGPLT, Richemont, Aspen, Torre, Introducing our 3 week champion, 2 Appearances: ...
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