Suspended Exxaro CEO Nombasa Tsengwa starts fightback
AN online petition supporting the reinstatement of suspended Exxaro Resources CEO Nombasa Tsengwa had been signed by more than 100 employees, said Business Times...
Thungela exports more coal as Transnet gains traction
THERMAL coal miner Thungela Resources will deliver an above-forecast increase in export sales from South Africa in its financial year to end-December, largely due...
Sibanye-Stillwater sells Beatrix 4 and Beisa project but retains uranium exposure
Sibanye-Stillwater has agreed to sell its mothballed Beatrix No 4 shaft, including the Beisa uranium project, to LSE- and A2X-listed Neo Energy Metals for...
“New information” led to Tsengwa suspension, says Exxaro chair
NEW information had emerged regarding Exxaro Resources CEO Nombasa Tsengwa's conduct warranting her suspension despite the board previously exonerating her, the firm's chair Geoffrey...
Paladin reopens Langer Heinrich after maintenance shutdown
PALADIN Energy, the Australian-listed uranium development firm, said it had restarted its Namibia mine Langer Heinrich (LHM) following a planned shutdown.
"During the shutdown, routine...
Exxaro suspends CEO amid work practice, governance probe
NOMBASA Tsengwa, CEO of Exxaro Resources has been temporarily suspended while the firm's board runs an investigation into her work conduct and governance practices.
"The...
Green shoots for Transnet as coal export deliveries race higher
THERE were more green shoots for Transnet Freight Rail (TFR), South Africa's state-owned ports and rail company following its strongest coal export performance in...
Exxaro to retain up to R15bn in net cash for dealmaking
EXXARO Resources expected to retain up to R15bn in net cash to fund diversification plans which it said previously were focused on manganese in...
Exxaro exonerates CEO but orders forensic review – report
NOMBASA Tsengwa, CEO of Exxaro Resources has been exonerated of wrongdoing by a board investigation amid a string of executive resignations.
Business Times on Sunday...
Anglo completes Aussie coal sales with $3.8bn Peabody deal
ANGLO American is to sell the remainder of its 15 to 17 million tons a year Australian metallurgical coal mine production in a $3.8bn...