South African coal miner Exxaro Resources Ltd. will prioritize a review aimed at boosting investor dividends following its recent move to diversify from coal by adding manganese assets.

South African coal miner Exxaro Resources reported on Thursday a 13% increase in half-year profit on the back of higher sales.

Exxaro Resources said on Tuesday it has reached an agreement to buy manganese mines in South Africa in a deal worth 11.67 billion rand as it diversifies into green transition minerals.

South Africa’s Exxaro Resources Ltd. opened the expansion of a coal mine at its Matla operations that will keep a nearby power station supplied for nearly two more decades.

South African miner Exxaro Resources said on Monday ‌it wants to haul more manganese to ports by rail rather than road to cut costs and make efficiency savings at its newly acquired assets.

EXXARO Resources expected to retain up to R15bn in net cash to fund diversification plans which it said previously were focused on manganese in South Africa. Commenting in its pre-financial close, fin...

EXXARO Resources on Tuesday announced an agreement to buy manganese assets in South Africa’s Northern Cape, principally from Ntsimbintle Holdings which owns 50.1% of the 3.4 million ton a year Tshipi ...

Diversified natural resources company Exxaro Resources has reported strong operational and financial results for the year ended December 31, 2025, amid the realisation of its diversification strategy. The company reports a 3% year-on-year increase in group revenue to $41.8-billion, with coal production and sales having both increased by 1% to 39.9-million and 39.6-million tonnes, respectively. Coal export sales also increased by 2% to 7.1-million tonnes, mainly driven by an improved performance by State-owned Transnet Freight Rail, as well as the efficiency of Exxaro’s alternative distribution channels. Moreover, despite export coal prices having dropped by 14%, group earnings before interest, taxes, depreciation and amortisation (Ebitda) remained steady, declining marginally by 2% to R10.2-billion, compared with R10.4-billion in financial year 2024. The company notes that cash generation remained robust, adding that its equity-accounted investments in iron-ore and base metals continued to enhance the quality of the company’s earnings. As a result, headline earnings per share (HEPS) increased by 8% to R32.47 a share. During a financial results presentation on March 19, CEO Ben Magara noted that Exxaro had guided its coal production and sales for 2026 to between 39.4-million and 42.8-million tonnes. Export sales were expected to be between 7.3-million and 8-million...

The plan-beating sale of manganese ore by Jupiter Mines in its financial year 2026 (FY26) included 828 000 t going through the Port of Lüderitz in Namibia, the ASX-listed company stated in its annual report on Wednesday, September 30. Jupiter owns 49.9% of Tshipi é Ntle Manganese, which operates the Tshipi manganese mine in South Africa’s large, low-cost Kalahari manganese field. South Africa’s JSE-listed Exxaro Resources owns 50.1% of Tshipi, which sold 3.5-million tonnes during this reporting period, exceeding full-year targets and its historical average of 3.4-million tonnes a year.

JOHANNESBURG (miningweekly.com) – Despite heightened geopolitical tensions, increasing inflationary pressures and broader macroeconomic headwinds, South African resources group Exxaro delivered a strong first-half performance, driven by disciplined strategy execution, operational excellence and underpinned by its commitment to achieve zero harm, the company reported on Thursday, August 20. Overall group revenue increased 7% to R22.1-billion, primarily driven by the coal and energy businesses, with earnings before interest, taxes, depreciation and amortisation (Ebitda) flat at R5.6-billion. The renewable-energy business continued to scale, with energy generation increasing by 12% to 378 GWh. Cash generation was up 15% at R6.1-billion, enabling Exxaro to fund sustaining capital, energy expansion capital and dividends. Headline earnings fell to R3.2-billion on lower equity-accounted income from Sishen and Black Mountain. This was partially offset by the contribution from manganese, which contributed to the group Ebitda for the first time for the last four months of the reporting period. The group closed the half-year with its best safety performance since listing in 2006, with its injury rate improving year-on-year by 60% to 0.02 per 200 000 worker-hours worked. Zero work-related fatalities marked four consecutive fatality-free years. “The ongoing implementation of the safety strategy and the commitment of all employees to...

Exxaro says it is prioritising efforts to contain costs to maintain financial stability.

South Africa miners renewable power surge cuts Eskom reliance — Anglo, Sibanye and Exxaro target 3,000 MW by 2030.

Source: Exarro The facility, developed through Exxaro Matla Mine’s Social and Labour Plan (SLP), is intended to support farmers and hydroponics beneficiaries in the villages of EliXeni, eThunzini, and Ezingxingweni through sheep shearing,…

Exxaro Resources is marking 20 years of advancing sustainable social impact through long-term investments in communities across South Africa. Since inception in 2006, Exxaro has spent over R70 billion on creating meaningful impact through inclusive socio-economic development, empowering local communities and contributing to sustainable livelihoods that extend beyond the life of mining operations. Through a strategic approach aligned with the organisation’s Sustainable Growth and Impact (SG&I) strategy, Exxaro continues to invest in education, enterprise and supplier development, and land rehabilitation initiatives designed to create enduring social and economic value. The SG&I strategy is centred on supporting scalable socio-economic upliftment, creating opportunities that strengthen community resilience and adopting an integrated, multi-stakeholder approach to building sustainable futures for communities and local economies. “Our approach to social impact is rooted in partnership, inclusion and long-term sustainability. By working alongside our communities and other stakeholders, we aim to create meaningful impact that supports both economic resilience and shared prosperity. Mining has a responsibility to contribute to sustainable development in a way that extends beyond operational timelines. At Exxaro, we are focused on helping build resilient communities and future-ready local economies that can continue to grow long after mining activities conclude,” says Neo Monareng, Executive...

South Africa’s mining companies are accelerating their shift towards renewable energy as they seek to reduce electricity costs, improve energy security and cut their reliance on Eskom. Major mining groups including Anglo American, Sibanye-Stillwater and Exxaro Resources are investing in or securing renewable power as the industry faces growing pressure to reduce emissions while maintaining competitiveness. Reuters reported that the move is being driven by miners’ efforts to diversify their electricity supply, lower costs and meet decarbonisation targets, although Eskom’s grid is expected to remain an important source of baseload power for years to come. Anglo American has taken a partnership approach through Envusa Energy, its joint venture with EDF power solutions. The company’s renewable energy platform has developed the 520MW Koruson 2 cluster, comprising solar and wind projects in the Northern and Eastern Cape. The cluster consists of the 240MW Mooi Plaats solar project, the 140MW Umsobomvu wind farm and the 140MW Hartebeesthoek wind farm. Envusa said the projects became commercially operational during 2026 and are supplying renewable electricity to mining operations including Kumba Iron Ore, De Beers and Valterra Platinum. The 520MW development forms part of a much larger ambition, with Envusa targeting between 3GW and 5GW of...

South Africa’s Exxaro Resources is reviewing what the mine of the future could look like amid a modernisation drive, Exxaro CEO Ben Magara pointed out in response to Mining Weekly during a media question-and-answer session, with opportunities being created for innovation and technology, including AI. “We're really driving the modernisation of mining and reviewing things around what the mine of the future could look like,” Magara reported.

This week: It's been a very good year for DRDGOLD And, Exxaro wants energy, future metals to be more than half of group earnings by 2030

Exxaro wants its growing energy and future-facing metals businesses to account for more than half of group earnings by 2030. “This is the business we are building for tomorrow,” Exxaro CEO Ben Magara said while displaying a slide showing a diversified natural resources champion not only providing earnings and reducing carbon intensity, but also providing the career opportunities of many young and upcoming people "to make sure that we remain a key driver to our country's economy". (Also watch attached Creamer Media video.)