Felix Njini

1 day ago | dailydispatch.co.za | Felix Njini |Mike Hutchings

Exxaro Resources said on Tuesday it has reached an agreement to buy manganese mines in SA in a deal worth R11.67bn as it diversifies into green transition minerals. The SA coal miner entered into a binding agreement to buy shares and claims in manganese assets held by Ntsimbintle Holdings and OM Holdings, it said.

1 day ago | timeslive.co.za | Felix Njini

Exxaro Resources said on Tuesday it has reached an agreement to buy manganese mines in SA in a deal worth R11.67bn as it diversifies into green transition minerals. The SA coal miner entered into a binding agreement to buy shares and claims in manganese assets held by Ntsimbintle Holdings and OM Holdings, it said.

3 weeks ago | marketscreener.com | Felix Njini

JOHANNESBURG(Reuters) - Vedanta Resources, is considering a U.S. public listing for its Zambian unit Konkola Copper Mines as one of its options to try to raise about $1 billion for mine development, three sources familiar with the details, told Reuters. The miner, owned by Indian billionaire Anil Agarwal, has hired Barclays and Citigroup to advise on the plans for an initial public offering, said the sources, who declined to be named due to sensitivity around the discussions.

1 month ago | mining.com | Felix Njini

Zambia’s copper output is forecast to rise to about 1 million tons this year from about 820,000 metric tons produced last year, finance minister Situmbeko Musokotwane said in a statement. Copper output in Africa’s second-largest producer of the metal is being boosted by revival of mines including Lubambe, Luanshya and Kalengwa, Musokotwane said.

2 months ago | bizcommunity.com | Felix Njini |Lindsey Schutters

Advertise your job vacancies2 days7 days30 daysBy Industry Show more Bennetor (Ben) Magara is Exxaro Resources Limited’s (Exxaro) new chief executive officer, effective 1 April 2025, succeeding acting CEO, Riaan Koppeschaar, who will continue in his role as finance director at the company.