iron ore mine in drc of exxaro

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Republic of the Congo joins iron ore producing countries

Volume 90% 00:00. By Africanews. Last updated: 24/01/2020. Republic of the Congo has just joined the circle of iron-ore producing countries. The first train …

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Exxaro builds cash pile, widens search for critical mineral …

South African coal miner Exxaro Resources is planning to build up a cash balance of up to 15 billion rand ($788.34 million), partly to fund acquisitions as it widens its search for clean energy ...

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Exxaro Resources Limited | Integrated Report 2020

Coal mining is Exxaro's core operation, structured under four legal entities all managed and operated by Exxaro. ... A leading supplier of high-quality iron ore to the global steel industry and a Kumba Iron Ore Limited subsidiary. We hold a 20.62% interest in the Sishen Iron Ore Company. BLACK MOUNTAIN. Exxaro holds a 26% interest in Black ...

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Exxaro facing write down on R5.36bn Mayoko investment

By Vicky Sidler. June 24, 2014. Exxaro has warned shareholders that it will write down its R5.36 billion investment in the Mayoko Iron Ore project in the Republic of Congo (RoC). …

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Exxaro pays special dividend while M&A search goes on

EXXARO Resources on Thursday said it would pay a special dividend taking the final payout for its 2023 financial year ended December to R15.82 per share.. The special dividend of R5.72/share or R2bn represents the pass through of the dividend received from Exxaro's 20.4% stake in iron ore producer Sishen Iron Ore Company …

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Leadership Profile: Nombasa Tsengwa

DRC-Africa Battery Metals Forum. DRC Mining Week. ... (although it does have long-standing equity stakes in both the Sishen iron ore mine and zinc producer Black Mountain Mining). ... which is expected to commission in 2025. The LSP will supply renewable energy to Grootegeluk, Exxaro's flagship mine that spans across a 236-ha …

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Exxaro hammers Transnet as vandalism and cable theft …

The iron ore price has averaged $183/t (2020:$122/t) so far this year. Sales to Eskom were flat as the power utility had sufficient stock, while the domestic market for coal was "subdued". But the focus of Exxaro's update fell squarely on the Transnet division, Transnet Freight Rail (TFR), which was name-checked repeatedly by Exxaro for ...

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Exxaro to move into iron ore and grow coal

Johannesburg, South Africa — MININGREVIEW — 22 November 2010 – Diversified South African-based resources group Exxaro Resources Limited …

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Exxaro Leadership: Meet Our Business Leaders

He also holds a Mine overseer's Certificate and Mine Manager's Certificate of Competency for fiery mines. In the early '80, Veti worked for Anglo Gold Western deep Levels and later joined Mining In 1994. In 2002, he …

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Exxaro Resources Limited Integrated report 2019 | Business …

IRON. ORE. 10.38% †.

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iron ore mine in drc of exxaro

The Mayoko iron ore project is located within the southwest region of the Republic of Congo (RoC) The project comprises an extensive tenement covering 1,000km² in West Africa Project owner African Iron (now Exxaro) owns the Mayoko South African miner Exxaro (JSE: EXX) plans to mine iron ore in the Republic of the Congo starting later …

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Exxaro to move into iron ore and grow coal

[img:Exxaro -gr_0.jpg|Grootgeluk coal mine â€' will supplyMedupi power station]Johannesburg, South Africa --- MININGREVIEW --- 22 November 2010 - Diversified South African-based resources group Exxaro Resources Limited (Exxaro) plans to move into iron ore next year to further diversify its portfolio, and has big ambitions for …

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Exxaro Resources Limited | Integrated Report 2020 | Our …

Studies commenced in 2019 with structural groundwork starting in early 2020 and first coal from the new S4L underground workings extracted on 19 November 2020. The S4L underground Coal Reserves will provide an estimated 12 years to LoM. Mining of S2L underground is scheduled to start in 2029, adding eight years to LoM.

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Exxaro Resources Limited – Integrated report 2021 | Home

We engage proactively with our stakeholders to create shared value from facilitating business activities and demonstrate our purpose, to power better lives in Africa and beyond. Creating value through stakeholder engagement. Exxaro Resources Limited Integrated report 2021. Report Index.

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Exxaro Mine Operations | Where We Operate | Exxaro

Early commercialisation projects were conducted successfully in the iron ore industry with the support of Kumba Iron Ore, where Exxaro holds a 20% shareholding in its …

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Exxaro Resources Limited | Integrated Report 2020 | About Exxaro

About Exxaro. Exxaro Resources Limited (Exxaro, the company or the group) is among the top five coal producers in South Africa. Since 2006, Exxaro has become one of South Africa's largest and foremost black-empowered and diversified mining companies. The group is a constituent of the JSE Limited (JSE) Top 40 Index and among the top 30 in …

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Coal miner Exxaro looks to acquire copper assets in Africa

Last month, Reuters reported that at least three South African mining companies, Impala Platinum, Exxaro Resources and Sibanye Stillwater, were competing to acquire the Khoemacau copper mine in Botswana. As per three banking sources, the Khoemacau mine could be valued between $1.5bn and $2bn. Located in the Kalahari …

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Exxaro Operations: Mines and Projects | Exxaro

Exxaro has an asset portfolio, which includes coal operations and investments in iron ore, residual pigment manufacturing and renewable (wind) energy (Cennergi). Our vision is simple: to produce resources that Power a Clean World.

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Buy EXXARO Shares

2014 was a difficult year for Exxaro as a result of deteriorating iron ore and other bulk commodity prices, as well as the impairment of the R 5.8 billion Mayoko Iron Ore project in the DRC. The group's data for the financial year highlighted a R884 million loss, with Exxaro share price falling sharply. As result of cost reduction initiatives and improved …

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Exxaro sharpens M&A focus after copper mine loss to China

Exxaro Resources Ltd. chief executive officer Nombasa Tsengwa is sharpening the South African coal producer's diversification strategy, after failing to acquire new mining and energy assets. The ...

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Exxaro moves to exploit Mayoko iron ore project in Congo

Exxaro's Mayoko iron ore project in Congo Cape Town, South Africa — 05 June 2012 – South African diversified miner Exxaro is to upgrade a railway line in the Republic of Congo to transport at least 10Mtpa by 2016 as it moves to exploit its recently acquired Mayoko iron ore project in that country. The French-built railway, constructed …

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Exxaro facing write down on R5.36bn Mayoko investment

June 24, 2014. Exxaro has warned shareholders that it will write down its R5.36 billion investment in the Mayoko Iron Ore project in the Republic of Congo (RoC). The Concept Study on the revised 12 Mt Mayoko Project was concluded during June 2014. However, to date, Exxaro has not been successful in concluding the definitive port and rail ...

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iron ore mine in drc of exxaro

BINQ Mining Mining News Print exxaro iron ore in gravel pit Posted at April 25 2013 Exxaro aims to mine iron ore ..... Mining in the Republic of the Congo Wikipedia Mining in the Republic of the Congo; ... and MayokoLekoumou (Exxaro).

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Exxaro moves to exploit Mayoko iron ore project in Congo

iron ore project. in Congo. Cape Town, South Africa — 05 June 2012 – South African diversified miner Exxaro is to upgrade a railway line in the Republic of Congo to …

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Exxaro reports highest ever dividend from high coal and iron ore …

Exxaro Resources, South Africa's biggest coal producer that paid its highest interim dividend to June 2021 on firm iron ore prices, said yesterday that the coal export industry had recorded its ...

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Mining and Renewable Energy Company | Exxaro

Exxaro is about more than mining. It is about powering better lives in Africa and beyond, through our sustainability strategy, ESD, community development & more. ... Exxaro Resources Limited (Exxaro), the black empowered diversified resources and renewable energy group, reported its second highest EBITDA performance of R13.4 billion (FY22: …

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Exxaro widens critical metals search to greenfield assets

Exxaro, one of South Africa's top coal producers, also has interests in iron ore and renewable energy. The company plans to acquire manganese and copper assets, both minerals considered vital for ...

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Exxaro sells Mayoko Iron Ore Project in Congo

October 3, 2016. Share this article. South African company Exxaro Resources has completed the sale of its Mayoko Iron Ore Project in Congo to Sapro. The Mayoko Project was acquired by Exxaro in 2012 and its loss in production was announced in June 2014 due to a fall in iron ore prices. Exxaro said that the situation is expected to continue for ...

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Exxaro looks to accelerate its Congo iron ore project

Exxaro Resources is studying speeding up an iron-ore project in the Republic of Congo after its 20 percent stake in a mine producing the commodity contributed more than half its earnings last year.

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iron ore mine in drc of exxaro

T22:12:38+00:00 Our Mineral and Energy Resources Exxaro Exxaro. Our Resources We have a diversified asset portfolio comprising interests primarily in coal, a growing renewable energy solutions business and equityaccounted investments in ferrous Dec 30, 2014 The Mayoko iron ore project is located within the southwest region of the …

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Exxaro hopes to fast-track Congo iron ore project

Pretoria, South Africa — 10 May 2012 – South African-based and JSE-listed mining group Exxaro Resources Limited is studying the possibility of speeding up an …

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Our Operations: Our Resources | Exxaro

Exxaro's ten sites afford us the ability to mine coal, for domestic and export markets, iron ore, ferrous and zinc, as well as produce wind energy. Read more.