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Exxaro News

  • ELB as EPC contractor for Gamsberg process, water plants 2016-10-19
    Engineering solutions provider ELB’s Engineering Services subsidiary has been appointed by Black Mountain Mining, a subsidiary of Vedanta Resources, to provide engineering, procurement and construction (EPC) services at the Gamsberg zinc project, in the Northern Cape. The company will oversee the construction of the process, power and water plants at the project.
  • Gamsberg project cost lowered as zinc price outlook brightens 2016-10-14
    Zinc International, the subsidiary of the London-listed and India-rooted Vedanta, is managing to achieve what both Anglo American and Gold Fields failed to do before it – build a zinc mine at Gamsberg in the Northern Cape, which has been in the offing for more than 40 years. Zinc International, headed by CEO Deshnee Naidoo, has managed to shave $200-million off the project’s original capital estimate to take it down to $400-million.
  • Exxaro concludes Inyanda sale to Burgh, Lurco 2016-10-04
    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 production of more than 25-million tonnes of coal for the local and international export market over the next five years, which will add significantly to the country’s coal beneficiation infrastructure.
  • Exxaro will lose pre-emptive over Mafube JV if Anglo packages its coal mines in single sale. http://www.miningmx.com/top-story/27962-exxaro-sheds-mafube-pre-empt-anglo-packages-coal-mines/ … 2016-09-06

    Exxaro will lose pre-emptive over Mafube JV if Anglo packages its coal mines in single sale. http://www.miningmx.com/top-story/27962-exxaro-sheds-mafube-pre-empt-anglo-packages-coal-mines/ …

  • Exxaro’s sale of Inyanda given green light 2016-08-24
    The Competition Commission on Wednesday gave an unconditional green light for the buy-out of diversified miner Exxaro Coal’s Inyanda colliery business, in Mpumalanga, by joint venture partners (JV) Lurco Group and Burgh Group. The JV, Inyanda Mining Holdings, also titled Main Street, will take control of the full assets, including the mining right, a 200 000 t/m washing plant and a private rail siding, for an undisclosed amount.
  • Vedanta's Tom Albanese may increase spending on Gamsberg project this year as venture is de-risked.http://www.miningmx.com/top-story/27355-vendanta-pondering-increase-2017-gamsberg-capex/ &hellip 2016-05-31

    Vedanta's Tom Albanese may increase spending on Gamsberg project this year as venture is de-risked.http://www.miningmx.com/top-story/27355-vendanta-pondering-increase-2017-gamsberg-capex/ …

  • AMCU union says members staging underground sit-in over unpaid wages 2016-03-04
    Members of South Africa's AMCU are staging an underground protest at Nasonti's Hlobane mine north of Johannesburg over unpaid wages, a union spokesman said on Thursday. "There is a liquidation problem there. The workers have not been paid. They are sitting there because they have not been paid," Association of Mineworkers and Construction Union (AMCU) spokesperson Manzini Zungu told Reuters.
  • Exxaro, Eskom head for arbitration over Arnot coal mine closure 2016-03-03
    Black-controlled diversified mining company Exxaro and State power utility Eskom appear to be heading for arbitration on the Arnot coal supply contract. Outgoing Exxaro CEO Sipho Nkosi said at the company’s presentation of 2015 results on Thursday that Eskom’s failure to buy surface rights had resulted in a production decline and increased mining costs at the cost-plus Arnot coal mine in Mpumalanga.
  • Exxaro Resources to assess continued involvement in Kumba and Tronox as debt mounts. http://www.miningmx.com/top-story/15082-exxaro-weighs-options-for-kumba-tronox-as-debt-leaps/ … 2016-03-03

    Exxaro Resources to assess continued involvement in Kumba and Tronox as debt mounts. http://www.miningmx.com/top-story/15082-exxaro-weighs-options-for-kumba-tronox-as-debt-leaps/ …

  • Vedanta rephases capex at Gamsberg as part of cost-cutting measures 2016-02-09
    In light of tumbling commodity prices, global diversified metals and mining company Vedanta Resources has had to restructure costs across all of its businesses, including South Africa-based Gamsberg zinc project .  Vedanta Resources CEO Tom Albanese told delegates at the Investing in African Mining Indaba that the company had delivered on its $1.3-billion cost-savings plan across its global operations, reducing its net debt by $600-million.

Exxaro Information

  • Company 2015-05-10
    Exxaro has a diverse and world-class commodity portfolio in coal, mineral sands, base metals and ferroalloys, and growing exposure to iron ore through its interest in Sishen Iron Ore Company and acquisition of African Iron.

Exxaro Projects

Exxaro Operations

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