Tag Archive | Exxaro

Mxolisi Mgojo new Chamber of Mines president

At the 127th Annual General Meeting of the Chamber of Mines, the Chamber members elected the new Office Bearers today for 2017/2018. The Chamber of Mines is the preeminent mining employers’ organisation and represents companies that produce around 90% of South Africa’s mineral production, by value. Mr Mxolisi Mgojo, CEO of Exxaro Resources, was elected […]

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Posted in Mining0 Comments

State Power Utility uncompromising on transfor – mation commitment

Mining giants, Exxaro and Anglo American could be in for a rocky ride if Eskom’s threats are to be taken seriously. This comes after the state utility’s quarter update today. Eskom was responding to Exxaro’s restructuring of its black economic empowerment (BEE) ownership by lowering its black shareholding from just over 50 percent to 30 […]

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Posted in B-BBEE, Business, Enterprise Development, Government, Mining, Prefferential Procurement, Supply Chain0 Comments

Coal producers threatened by new energy storage technology

It’s a development which has given coal producers, who are already have low prices and stringent environment regulations to contend with, substantial food for thought. Tesla, a renewable energy and energy storage firm, has introduced Powerwall, a suite of batteries to store electricity for homes, businesses and utilities, threatens coal producers sustainability in the market. […]

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