Diversified South African-based resources group Exxaro Resources Limited has concluded the sale of its Mayoko Iron Ore Project, located in the Republic of the Congo to SAPRO SA; a consortium of local businesses. After a number of expressions of...
Coal producer Exxaro has said this morning its adjusted full-year earnings fell 6% due to an impairment charge of R5.8bn related to an iron ore project in the Congo Republic. Watered down headline earnings per share totalled 1 368 cents in the year...
The Congolese government has given the go-ahead for Exxarro’s $340m (R3.7bn) Mayoko iron ore project, reports BizNews.com. Mzila Mthenjane, Executive Head: Strategy & Corporate Affairs, told Alec Hogg “it is a milestone for Exxaro to have...
Diversified miner Exxaro has posted a 33% drop in full-year earnings for its 2012 financial year resulting from rising operational costs, lower export prices and lower volumes writes Reggie Sikhakhane. “I have been at Exxaro for six years and...
