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03-Sep-2018
(Official Notice)
Investors are advised that Exxaro?s interim financial statements for the six months ended 30 June 2018 are available for viewing and downloading at www.exxaro.com/assets/images/Exxaro-results-presentation-1H18-15-Aug-08h36pm.pdf
16-Aug-2018
(C)
Revenue for the interim period increased to R12.3 billion (2017: R10.7 billion), net operating profit climbed to R3.1 billion (2017: R3 billion), profit attributable to owners of the parent from continuing operations rose to R3.2 billion (2017: R3.1 billion), while headline earnings from continuing operations grew to 1 210 cents per share (2017: 997 cents per share).



Dividend

An interim cash dividend, number 31, for 2018 of 530 cents per share, was approved by the board of directors on 14 August 2018, to be paid out of income reserves.



Company outlook

We expect that the domestic market demand for sized product will remain strong as supply remains tight. We are confident that all products will be placed successfully into the market during 2H18. Export markets are still reliant on demand from India for lower-quality coal. However, Exxaro is actively diversifying its markets for lower quality coal to minimise dependency on the Indian market. Growth is expected from the South-East Asian markets.



Exxaro expects a stable outlook for the coal business in 2H18 based on:

- Favourable trading conditions in domestic markets

- Strong international coal prices

- Our business optimisation strategy driving operational and innovation excellence throughout the business with a strong focus on eliminating systemic waste.

- Good progress being made on building key technology enabling infrastructure and the visualisation of business constraints, aimed at accelerating our innovation and technology implementation strategy.



During 2H18, the performance of our SIOC investment will be supported by a relatively stable iron ore fines price and lump premium, and continued strong demand for higher-grade products.



Relatively stable commodity prices and global economic growth are anticipated. Over the next six months the US-China trade tension and high oil price are expected to slow global economic growth momentum somewhat. The rand to the US dollar exchange rate is expected to remain volatile and subject to ongoing event risk such as US Federal interest rate normalisation, geopolitical risks and emerging market sentiment.
08-Aug-2018
(Official Notice)
Shareholders are advised that Exxaro and its directors have reasonable certainty relating to the expected financial results of Exxaro for the six-month period ended 30 June 2018.



Attributable earnings per share (AEPS) for the six-month period ended 30 June 2018 are expected to be between 1 205 cents per share and 1 315 cents per share, an increase of between 41% and 54%, compared to 852 cents per share reported for the six-month period ended 30 June 2017.



Headline earnings per share (HEPS) for the six-month period ended 30 June 2018 are expected to be between 1 160 cents per share and 1 270 cents per share, an increase of between 32% and 44%, compared to 882 cents per share reported for the six-month period ended 30 June 2017.



Whilst the coal business benefited from higher selling prices and volumes, the increases in AEPS and HEPS are mainly due to the movement in the number of shares as a result of the implementation of the Replacement BEE Transaction during 2017, resulting in the BEE shares being treated as treasury shares and therefore excluded from the weighted average number of shares.



Shareholders are advised that Exxaro will release its reviewed financial results for the six-month period ended 30 June 2018 on 16 August 2018. Further details are available on our website, www.exxaro.com.



The forecast financial information on which this trading statement is based has not been reviewed, audited nor reported on by Exxaro?s external auditors.
03-Jul-2018
(Official Notice)
Notice is hereby given in terms of the Debt Listings Requirements of the JSE Ltd. that Standard and Poor?s (S-P) has on 2 July 2018 raised South Africa?s national scale issue and issuer ratings on 11 corporate and infrastructure issuers. The under criteria observation (UCO) designation was removed and rating actions also affirmed the long-term South African national scale issuer credit rating of Eskom Holdings SOC Ltd. The rating changes are purely a result of the revisions to the mapping table, with the intention of creating the most appropriate distinction among ratings on the national scale, and do not represent a change in S-P view of the credit quality of the issue or issuer.



S-P Global Ratings have, as a result, taken the following rating actions on Exxaro: to raise its Corporate Credit rating to ?zaA-? from ?zaBBB?. The short term rating has been affirmed as zaA-2.



For further information see " South Africa Corporate And Infrastructure National Scale Ratings Raised After Criteria Review; Removed From UCO?, published 27 July 2017 on www.standardandpoors.com/ratingsdirect.
28-Jun-2018
(Official Notice)
15-Jun-2018
(Official Notice)
Exxaro announces that Mr J van Rooyen, who joined the board in August 2008 has been appointed as the new independent non-executive chairman of the board. Mr van Rooyen served as the chairman of the audit committee, but has resigned from the audit committee on 28 May 2018. He was appointed as lead independent director (LID) on 26 March 2018. He contributes a wealth of skills and experience and will undoubtedly steer the board with prudence and integrity.



Exxaro also announces that Ms GJ Fraser-Moleketi, who has been appointed to the board on 22 May 2018, has been appointed as LID. Ms Fraser-Moleketi will bring a fresh and dynamic perspective to the board.



The following independent non-executive directors have been appointed as chairmen of Exxaro?s board committees:

*Mr V Nkonyeni, has been appointed to chair the audit committee.

*Mr LI Mophatlane, has been appointed to chair the investment committee.

*Mr EJ Myburgh, has been appointed to chair the remuneration and nomination committee. Ms A Sing, has been appointed to chair the social and ethics committee.

*Mr PCCH Snyders, has been appointed to chair the sustainability, risk and compliance committee.
05-Jun-2018
(Official Notice)
Shareholders are advised that Exxaro will be presenting at the SBGS annual mining conference sharing Exxaro?s medium term capital expenditure programme on Tuesday, 5 June 2018 at 13:30. The presentation will be available on the Exxaro website at www.exxaro.com
28-May-2018
(Official Notice)
Exxaro shareholders were advised that at the extraordinary general meeting of shareholders of the Company held on Thursday, 24 May 2018 (?EGM?), all the ordinary resolutions, as set out in the notice of the EGM forming part of the circular to Exxaro shareholders, were passed by the requisite majority of votes of shareholders present in person or represented by proxy.
24-May-2018
(Official Notice)
Exxaro shareholders are advised that at the annual general meeting of shareholders of the Company held on Thursday, 24 May 2018 (?Annual General Meeting?), all the ordinary and special resolutions, as set out in the notice of the Annual General Meeting forming part of the 2017 Summarised Group Annual Financial Statements and Notice of Annual General Meeting, were passed by the requisite majority of votes of shareholders present in person or represented by proxy. The total number of shares present/represented, including proxies, at the meeting was 298 592 909 or 83.24% of Exxaro?s issued share capital as at Friday, 18 May 2018, being the voting record date.
23-May-2018
(Official Notice)
30-Apr-2018
(Official Notice)
Shareholders are advised that the Exxaro?s annual integrated report incorporating the group and company audited annual financial statements for the year ended 31 December 2017 and the notice of annual general meeting, were distributed to shareholders today, 30 April 2018. The audited the group and company annual financial statements as well as the summarised group annual financial statements, contain no modification to the reviewed condensed consolidated annual financial statements which were published on the Stock Exchange News Service (?SENS?) on 6 March 2018.



The annual integrated report, audited group and Company annual financial statements, updated analyst results presentation, supplementary report and mineral resources and reserves statement for the year ended 31 December 2017 will also be available on Exxaro?s website (www.exxaro.com/investors/investor-report) on 30 April 2018.



PricewaterhouseCoopers Incorporated audited the group and company annual financial statements as well as the summarised group annual financial statements and their unqualified audit report is available for inspection at the registered office of Exxaro.



Notice of the AGM

Notice is hereby given that Exxaro?s annual general meeting (?AGM?) will be held at the Exxaro Corporate Centre, Roger Dyason Road, Pretoria West, South Africa, at 11:00 on Thursday, 24 May 2018, to transact the business as stated in the notice of AGM.



In terms of section 59(1) (b) of the Companies Act, 71 of 2008, the record date for the purpose of determining which shareholders are entitled to participate in and vote at the AGM (being the date on which a shareholder must be registered in the Company?s securities register in order to participate in and vote at the AGM) is Friday, 18May 2018. Therefore the last day to trade in Exxaro shares in order to be in the register is Tuesday, 15 May 2018.



Broad Based Black Economic Empowerment Act: Annual Compliance Report

In accordance with paragraph 16.20 (g) and Appendix 1 to Section 11 of the JSE Listings Requirements, notice is hereby given that the company?s annual compliance report in terms of section 13G(2) of the Broad Based Black Economic Empowerment Act has been published and is available on the Company?s website at: www.exxaro.com/assets/files/Exxaro-BBBEE-2018.pdf.
30-Apr-2018
(Official Notice)
In terms of section 7.4 of the Debt Listings Requirements of the JSE Ltd., investors are advised that the Exxaro audited group annual financial statements for the year ended 31 December 2017 are available for viewing and downloading from the company?s website: www.exxaro.com/investors/investor-reports.



The annual integrated report, updated analyst results presentation, supplementary report and mineral resources and reserves statement for the year ended 31 December 2017 are also available on the company?s website.



Re-presentation and restatement of comparative information

The prior year results

- The investment in Tronox Ltd. being identified as a discontinued operation (refer note 7.1.4)

- Total comprehensive income for 2016 of R5 142 million decreasing with R401 million to R4 741 million to reflect the recycling of foreign translation differences to profit or loss. In the prior year such reclassification was recycled directly through equity.



Company

Re-presentation

The prior year results as per the company statement of comprehensive income (and related notes) have been re-presented as a result of:

-The investment in Tronox Ltd. being identified as a discontinued operation (refer note 7.1.4).



Restatement

The company statement of financial position (and related notes) and the company statement of changes in equity have been restated to show the impact of an error which has been identified. Exxaro Holdings Congo (Pty) Ltd. (Exxaro Holdings Congo), previously named Exxaro Holdings Sands Proprietary Ltd., a wholly owned subsidiary of Exxaro, was liquidated during 2017. On liquidation, it was identified that the investment should have been impaired in a prior reporting period. In 2012, an impairment indicator arose as a result of Exxaro Holdings Congo declaring a dividend to Exxaro subsequent to the divestment from the mineral sands operations. An impairment charge of R1 801 million should have been recognised at that point in time as the recoverable amount of the investment was R69 million.



This restatement had no impact on the group.
25-Apr-2018
(Official Notice)
08-Mar-2018
(C)
06-Mar-2018
(Official Notice)
In compliance with section 3.4(b) of the JSE Listings Requirements, Exxaro is pleased to provide further guidance to the market regarding the anticipated headline earnings per share (HEPS) and attributable earnings per share (AEPS) ranges for the year ended 31 December 2017, after finalisation of the implementation costs associated with the Replacement BEE Transaction.



Further to the trading statement published on 2 March 2018, shareholders are advised that HEPS for the year ended 31 December 2017 will be between 452 cents per share and 532 cents per share in comparison to HEPS of 1 302 cents per share for the year ended 31 December 2016. The trading statement of 2 March 2018 indicated a HEPS of between 24 cents per share and 29 cents per share for the year ended 31 December 2017.



AEPS for the year ended 31 December 2017 will increase between 15% and 23% for the year ended 31 December 2017 compared to 1 600 cents per share for the year ended 31 December 2016. The trading statement of 2 March 2018 indicated an AEPS decrease of between 6% and 15% (approximately between 1 360 cents per share and 1 500 cents per share) for the year ended 31 December 2017. The range previously provided in the trading statement of 2 March 2018 for core HEPS and core AEPS will remain unchanged (an increase between 30% and 42% compared to 1 457 cents per share for the year ended 31 December 2016).



Shareholders are advised that Exxaro will release its reviewed financial results for the year ended 31 December 2017 on 8 March 2018. The forecast financial information on which this trading statement is based has not been reviewed, audited nor reported on by Exxaro?s external auditors.

02-Mar-2018
(Official Notice)
13-Feb-2018
(Official Notice)
In October 2017 Exxaro disposed of a portion of its shareholding in Tronox Ltd. (?Tronox?) following its announcement in March 2017 to monetise its stake in Tronox in a staged process over time to focus on its core operations. In assessing the application of the proceeds realised on the sale, the board of directors of Exxaro considered its growth prospects, future capital commitments, the repayment of debt and the return of capital to its shareholders.



Following the evaluation of the group?s capital structure, the board of directors has resolved to pay a special dividend of R4.5 billion out of income reserves, which equates to 1255 cents per Exxaro ordinary share (?Exxaro share?).



For future Tronox share disposals the board of directors will continue to evaluate its funding requirements for future capital commitments, to repay debt and to return capital to shareholders.



This special dividend has been approved by the Financial Surveillance Department of the South African Reserve Bank.



The special dividend is a dividend defined in the Income Tax Act, 1962. In terms of the dividend tax amendments which came into effect on 22 February 2017, the following additional information is disclosed:

- The local withholding tax on dividends rate is 20%; a net local dividend amount of 1004 cents per Exxaro share is payable for shareholders liable to pay the dividend tax and 1255 cents per Exxaro share for shareholders exempt from paying the dividend tax;

- The issued share capital of Exxaro at declaration date is 358 706 754 ordinary shares.

- The income tax reference number of the Company is 9218 098 14 4.



The timetable for the special dividend is set out below:

* Declaration date : Tuesday, 13 February 2018

* Last day to trade : Tuesday, 27 February 2018

* Trading ex-dividend : Wednesday, 28 February 2018

* Record date : Friday, 2 March 2018

* Payment date : Monday, 5 March 2018



No dematerialisation or rematerialisation of share certificates will be allowed during the period Wednesday, 28 February 2018 to Friday, 2 March 2018.
11-Dec-2017
(Official Notice)
Shareholders are referred to the announcements released on SENS on 18 September 2017, 5 October 2017, 6 October 2017, 17 October 2017, 23 October 2017, 20 November 2017 and 1 December 2017 relating to the Replacement BEE Transaction. Shareholders are advised that the Replacement BEE Transaction, including the Second Repurchase and the Specific Issue, has been successfully implemented.



Exxaro wishes to thank its shareholders for their continuing support of Exxaro, as well as all stakeholders involved in the implementation of this landmark transaction.

01-Dec-2017
(Official Notice)
Shareholders are referred to the announcements released on SENS on 18 September 2017, 17 October 2017, 23 October 2017 and 22 November 2017 relating to the Replacement BEE Transaction. Shareholders are advised that all conditions precedent required to implement the Replacement BEE Transaction, including the Second Repurchase and the Specific Issue, have been met.



In light of the conditions precedent having been met sooner than initially anticipated, the date on which the Second Repurchase, including cancellation and delisting of the Second Repurchase Scheme Shares, will be implemented (the ?Repurchase Implementation Date?) and the date on which the New Empowerment Structure, including the issue of the Specific Issue Shares, will be implemented (the ?BEE Implementation Date?) has been brought forward. Set out below are the revised salient dates relating to the implementation of the Replacement BEE Transaction:



2017

* Finalisation announcement released on SENS : Friday, 1 December

* Last day for Exxaro Independent Shareholders who voted against the Second Repurchase Scheme to apply to court for leave to apply for a review of the Second Repurchase Scheme in terms of section 115(3)(b) of the Companies Act : Monday, 4 December

* Finalisation announcement published in the press : Monday, 4 December

* Repurchase Implementation Date (including cancellation and delisting of Second Repurchase Scheme Shares) on Friday, 8 December

* BEE Implementation Date (including Specific Issue Shares issued) on Monday, 11 December
20-Nov-2017
(Official Notice)
Exxaro shareholders are advised that at the extraordinary general meeting of shareholders of the Company held on Monday, 20 November 2017 (?EGM?), all the ordinary and special resolutions, as set out in the notice of EGM forming part of the circular to Exxaro shareholders and notice of EGM, were passed by the requisite majority of votes of shareholders present in person or represented by proxy.
09-Nov-2017
(Official Notice)
Shareholders are referred to the announcement released on SENS on 8 November 2017 relating to the Replacement BEE Transaction investor call to be held today, 9 November 2017, at 15:30 SA time and are advised that the presentation and detailed Q-A are now available on the company?s website (www.exxaro.com).
08-Nov-2017
(Official Notice)
Shareholders are referred to the announcement released on SENS relating to the Replacement BEE Transaction.



Shareholders are advised that the Company will hold a dial-in teleconference call on the Replacement BEE Transaction on Thursday, 9 November 2017 at 15h30 South African time to discuss the key terms of the Replacement BEE Transaction and address any queries stakeholders may have.



A presentation and detailed Q-A will be made available on the Company?s website (www.exxaro.com) in advance of the call.



Teleconference details:

Participants must ask to be joined into the call.

Participant telephone numbers (Assisted)

South Africa (Toll Free) : 0 800 200 648

Other Countries (Telkom) : +27 10 201 6800

Other Countries (Neotel) : +27 11 535 3600

UK (Toll Free) : 0 808 162 4061

Australia (Toll Free) : 1 800 350 100

USA and Canada (Toll Free) : 1 855 481 5362



Participant telephone numbers (Press *0 for operator assistance)

Hong Kong (Toll Free) : 800 966 117



Conference replay

South Africa: 011 305 2030

UK Toll Free: 0 808 234 6771

Australia Toll Free: 1 800 091 250

USA and Canada Toll Free: 1 855 481 5363

International Toll: +27 11 305 2030

Replay Access Code: 18860#

End Date: Nov 15, 2017

Available 1 hour after the end of the conference.

Participants will be required to state their name and company upon entering the call.



Exxaro Capital Markets Day

Exxaro will be hosting a Capital Markets Day 2017 on the 9th and 10th November. The presentations that will be delivered on both these days will be made available on the company?s website on the respective days, viz.,

* Thursday 9th November at 11:00 ? Status of the Waterberg Projects.

* Friday 10th November at 10:00 ? Exxaro Coal



Recording of Capital Markets Day

A recording of the proceedings of the Capital Markets Day will be available on our website from Wednesday 15th November 2017.
23-Oct-2017
(Official Notice)
Posting and availability of circular

As indicated in the announcement released on the Stock Exchange News Service of the JSE Ltd. on 17 October 2017, Exxaro shareholders are advised that the circular to shareholders containing the details of the Replacement BEE Transaction, incorporating the notice of general meeting and form of proxy has been posted on Monday, 23 October 2017.



Shareholders are further advised that the circular is immediately available on the Company?s website: www.exxaro.com.



Notice of general meeting

Notice is hereby given that the general meeting of Exxaro shareholders will be held at the Exxaro Corporate Centre, Roger Dyason Road, Pretoria West at 10:00 on Monday, 20 November 2017, to consider the resolutions as contained in the notice to the General Meeting which forms part of the circular.



Salient dates

Set out below are the revised salient dates and times relating to the approval and implementation of the Replacement BEE Transaction:

*Record date to be entitled to receive the circular incorporating the notice of general meeting - Wednesday, 18 October 2017

*Posting of the circular to Exxaro shareholders and announcement on SENS on Monday, 23 October 2017

*Last day to trade in order to be eligible to attend and vote at the general meeting - Tuesday, 7 November 2017

*General meeting record date in order to vote at the general meeting - Friday, 10 November 2017

*For administrative purposes and the sake of good order, it will be appreciated if Forms of Proxy be received or lodged by 10h00 on Thursday, 16 November 2017. Forms of Proxy may be lodged at any time before the commencement of the general meeting (1) - Thursday, 16 November 2017

*General meeting to be held at 10h00, at the Exxaro Corporate Centre, Roger Dyason Road, Pretoria West - Monday, 20 November 2017



17-Oct-2017
(Official Notice)
11-Oct-2017
(Official Notice)
Exxaro announced that it has completed its sale of 22 425 000 Class A ordinary shares of Tronox Ltd. (NYSE:TROX), a NYSE-listed company engaged in the mining, production and marketing of inorganic minerals and chemicals, in an underwritten public offering in the United States (the "Disposal"). The number of shares sold includes 2 925 000 Class A ordinary shares purchased through the underwriters' exercise of an option to purchase additional shares at the public offering price. The net proceeds from the sale of the Class A ordinary shares in the offering is approximately USD474 million (approximately ZAR6 536 million).



The Disposal represents a Category 2 transaction in terms of the JSE Listings Requirements ("Listings Requirements") as it constitutes approximately 15 per cent of Exxaro's market capitalisation.



This transaction follows Exxaro's previous announcements of its intention to monetise its stake in Tronox in a staged process over time. The Disposal reduces Exxaro's ownership of Tronox's total outstanding voting shares from approximately 51.2 million to approximately 28.7 million, representing approximately 24.0 per cent of Tronox's total outstanding voting shares.



Further information required in terms of the JSE Listings Requirements is set out below:

- Exxaro received the cash proceeds from the offering on 10 October 2017.

- The carrying value of the Disposal is approximately ZAR3.2 billion, based on Exxaro's results for the interim period to 30 June 2017.

- Exxaro's losses attributable to Tronox for the interim period to 30 June 2017 were approximately ZAR363 million.

- The net proceeds from the Disposal will be used to provide funding for its future capital commitments, to repay debt and to return capital to its shareholders.



Notwithstanding the release of this Category 2 transaction announcement, the pro forma financial effects of the replacement Black Economic Empowerment transaction, as announced on SENS on 22 November 2016 and cautionary renewals issued on 26 June 2017, 18 September 2017, and 5 October 2017 are yet to be published and therefore Exxaro shareholders are advised to continue exercising caution when dealing in Exxaro securities until a further announcement is made.



Management will continue to assess market conditions going forward for further possible sell downs in its remaining Tronox investment and shareholders will be advised accordingly.
06-Oct-2017
(Official Notice)
Further to the Launch Announcement released on SENS regarding the placing (the "Placing") of Exxaro ordinary shares (the "Placing Shares") by MS333, by means of an accelerated bookbuild, MS333 announced that the Placing was priced on 6 October 2017.



MS333 has successfully closed its bookbuild, and placed 19 100 000 Placing Shares, representing 6.1% of the ordinary issued share capital of Exxaro. The Placing was priced at ZAR133.00 per ordinary share (the "Placing Price"), raising gross proceeds of approximately ZAR2.54 billion.



The Placing Price represents a discount of 3.2% to the previous day's closing price.
05-Oct-2017
(Official Notice)
05-Oct-2017
(Official Notice)
05-Oct-2017
(Official Notice)
Exxaro announced the pricing of its upsized offering in the United States of 19 500 000 Class A ordinary shares (an increase from the 16 000 000 Class A ordinary shares previously announced) of Tronox Ltd. (NYSE:TROX), a NYSE-listed company engaged in the mining, production and marketing of inorganic minerals and chemicals, at a public offering price of USD 22.00 per share. In addition, Exxaro has granted the underwriters a 30-day option to purchase up to an additional 2 925 000 Class A ordinary shares at the public offering price.



The expected net proceeds to Exxaro will be approximately USD412 million (or approximately USD474 million if the underwriters exercise in full their option to purchase additional Class A ordinary shares), after deducting underwriting discounts and commissions. The offering is expected to close on 10 October 2017, subject to customary closing conditions.



The offering follows Exxaro's previous announcements, including the announcement on 8 March 2017 and 2 October 2017, of its intention to monetise its stake in Tronox.
03-Oct-2017
(Official Notice)
18-Sep-2017
(Official Notice)
14-Sep-2017
(Official Notice)
Exxaro can confirm that NUM has obtained a strike certificate and has given notice of their intention to embark on strike action from 06h00 on Thursday 14 September 2017. Exxaro remain committed to resolving the dispute with the NUM and we are continuing with engagements and remain confident that an amicable resolution can be reached.
23-Aug-2017
(Official Notice)
Shareholders are referred to the announcement made on 9 June 2017 regarding Mrs CH (Carina) Wessels. Shareholders are hereby advised, in compliance with section 3.59 of the JSE Ltd. Listings Requirements, that Mrs SE (Saret) van Loggerenberg will be replacing Carina as Group Company Secretary and Legal with effect from 1 October 2017.



Saret has been in the company's employ since 2008 and has been the Manager: Risk and Compliance since 2011.
17-Aug-2017
(C)
Revenue for the interim period increased to R10.7 billion (2016: R9.8 billion), operating profit rose to R2.9 billion (2016: R2 billion), profit attributable to owners of the parent from continuing operations climbed to R2.7 billion (2016: R1.4 billion), while headline earnings per share from continuing operations soared to 882 cents per share (2016: 343 cents per share).



Dividend

An interim cash dividend, number 29, for 2017 of 300 cents per share (2016: 90 cents per share) was approved by the board of directors on 15 August 2017.



Company outlook

Exxaro expects that 2H17 domestic thermal volumes will remain at current levels. Volumes in the metals markets will reduce based on expected lower offtake from ArcelorMittal. This is expected to persist until 2Q18. Export markets are still reliant on demand from India for lower quality coal. However, Exxaro is actively diversifying its markets for lower quality coal in order not be overly dependent on the Indian market. Pricing is expected to remain relatively flat. Growth is expected from the South-East Asian markets for RB1 and RB3 material.



Exxaro has a positive outlook for the coal business in 2H17 based on:

- Stable trading conditions in domestic markets

- Stable international coal prices

- Our operational excellence process delivering further results

- Technology and innovation improvements.



The rand exchange rate against the US dollar is expected to remain volatile during 2H17 due to the combination of significant event risks and volatility in the US dollar. The performance of the investment portfolio (SIOC and Tronox) is expected to be positively influenced by the current favourable market conditions, anticipated to continue into 2H17.
11-Aug-2017
(Official Notice)
Shareholders are advised that Exxaro and its directors have reasonable certainty relating to the expected financial results of Exxaro for the six-month period ended 30 June 2017.



Attributable earnings for the six-month period ended 30 June 2017 are expected to be between R2 450 million and R2 880 million. This is mainly due to higher net operating profit contribution from the coal business as well as higher equity-accounted income from investments. Attributable earnings per share (AEPS) are therefore expected to be between 775 cents per share and 912 cents per share compared to the 362 cents per share attributable earnings reported for the six-month period ended 30 June 2016.



Headline earnings per share (HEPS) are expected to be between 795 cents per share and 925 cents per share compared to 309 cents per share reported for the six-month period ended 30 June 2016.



Shareholders are advised that Exxaro will release its reviewed financial results for the six- month period ended 30 June 2017 on 17 August 2017. Further details are available on our website, www.exxaro.com.



The forecast financial information on which this trading statement is based has not been reviewed, audited nor reported on by Exxaro?s external auditors.

10-Aug-2017
(Official Notice)
Notice is hereby given in terms of the Debt Listings Requirements of the JSE Ltd. that Standard and Poors? (S-P) has on 9 August 2017 raised South Africa national scale issue and issuer ratings on 15 corporate and infrastructure issuers. The rating actions follow from their revised mapping table for South African national scale ratings. The rating changes are purely a result of the revisions to the mapping table, with the intention of creating the most appropriate distinction among ratings on the national scale, and do not represent a change in S-P view of the credit quality of the issue or issuer.



S-P Global Ratings have, as a result, taken the following rating actions on Exxaro: to raise its Corporate Credit rating to ?zaBBB? from ?zaBB-? and its long-term senior unsecured ratings to ?zaBBB? from ?zaBB?.



For further information see "General Criteria: S-P Global Ratings' National and Regional Scale Mapping Tables?, published 27 July 2017 on www.standardandpoors.com/ratingsdirect.



07-Aug-2017
(Official Notice)
Exxaro shareholders are referred to the various announcements released on the Stock Exchange News Service of the JSE Ltd. relating to the unwind of the Company?s existing BEE transaction and the proposed terms of the replacement BEE transaction, the salient terms of which were announced on 26 June 2017 (the ?Detailed Cautionary Announcement?).



The Company has entered into the Signed Agreements to bring into effect, subject to agreement of the Outstanding Matters in the Detailed Transaction Agreements, the MS333 Unwind, the Second Repurchase and the Replacement BEE Transaction, as set out in the Detailed Cautionary Announcement, which, if successfully concluded, may have a material effect on the Company?s securities. Accordingly, Exxaro shareholders are advised to continue to exercise caution when dealing in the Company?s securities until the Terms Announcement is made.



12-Jul-2017
(Official Notice)
Notice is hereby given that the company?s annual compliance report in terms of section 13G(2) of the BBBEE Act, as submitted to the Broad Based Black Economic Empowerment Commission on 12 May 2017 has been published and is available on Exxaro?s website at www.exxaro.com
04-Jul-2017
(Official Notice)
Exxaro shareholders are referred to the SENS announcement released by the Company on 26 June 2017 regarding the key terms of the Replacement BEE Transaction and the subsequent investor calls. Resulting from additional information requested during the investor calls, the Company has published further comments and calculations on its website. Shareholders can access this information on: www.exxaro.com
26-Jun-2017
(Official Notice)
23-Jun-2017
(Official Notice)
Shareholders of Exxaro are advised that the finance director?s pre-close message regarding the operational performance of the company for the six months ending 30 June 2017 is now scheduled for release on the morning of 26 June 2017.



It is anticipated that a detailed cautionary announcement relating to the BEE transaction will be released soon.

14-Jun-2017
(Official Notice)
Exxaro shareholders are advised that negotiations relating to the unwind of the company?s existing BEE transaction and the proposed terms of the replacement BEE transaction are still ongoing as referred to the announcements released on the Stock Exchange News Service of the JSE Limited on 22 November 2016, 23 February 2017 and 3 May 2017.



Continued caution should be exercised when dealing in Exxaro shares.
09-Jun-2017
(Official Notice)
Shareholders of diversified resources group Exxaro are advised that Catharina Helena (Carina) Wessels, Group Company Secretary - Legal of Exxaro since 1 July 2011 has resigned in order to pursue other opportunities.



In terms of her contract of employment with Exxaro Carina will stay on until latest 29 September 2017 to finalise a number of pending strategic matters in her portfolio. Recruitment for her replacement will commence shortly and an announcement will be made once finalised.
25-May-2017
(Official Notice)
Exxaro shareholders are advised that at the annual general meeting of shareholders of the company held on Thursday, 25 May 2017 (?Annual General Meeting?), all the ordinary and special resolutions, as set out in the notice of annual general meeting forming part of the 2016 Summarised Group Annual Financial Statements and Notice of Annual General Meeting, were passed by the requisite majority of votes of shareholders present in person or represented by proxy.



The total number of shares present/represented, including proxies, at the meeting was 261 675 789 or 83% of Exxaro?s issued share capital as at Friday, 12 May 2017, being the voting record date.



08-May-2017
(Official Notice)
Investors are advised that the Exxaro audited group annual financial statements for the year ended 31 December 2016 are available for viewing and downloading from the company?s website: www.exxaro.com. The annual integrated report, updated analyst results presentation, supplementary report and mineral resources and reserves statement for the year ended 31 December 2016 are also available on the company?s website.
03-May-2017
(Official Notice)
Exxaro refers to SENS announcement made by Exxaro on 22 November 2016, relating to the unwind of Exxaro?s existing BEE transaction (the ?MS333 Unwind?) and terms of a replacement BEE transaction (the ?Replacement BEE Transaction?).



Exxaro and Main Street 333 (Pty) Ltd. (?MS333?) have agreed an implementation agreement (the ?Implementation Agreement?) which contains the salient terms of the Replacement BEE Transaction and the MS333 Unwind, however both the Replacement BEE Transaction and the MS333 Unwind are subject to the conclusion and signing of detailed transaction agreements. In terms of the Implementation Agreement, the MS333 Unwind will be implemented by no later than three months from the earlier of: i) agreement of the detailed transaction agreements; or ii) 30 April 2017, or such other date as agreed to in writing between Exxaro and MS333. The detailed terms of the Replacement BEE Transaction will be announced once the transaction agreements have been agreed and signed.



Engagement between Exxaro and MS333 is still ongoing and significant progress has been made to reach agreement on the Replacement BEE Transaction terms. Detailed transaction agreements are expected to be agreed in due course.



In the interim period (between 30 April 2017 and signing of detailed transaction agreements), the Implementation Agreement remains legally binding and governs the regulated sale of Exxaro shares by MS333 or any direct or indirect MS333 shareholder pursuant to the MS333 Unwind, through decision by the Joint Advisory Committee, as established pursuant to the Implementation Agreement.



Shareholders are reminded that Exxaro issued a cautionary renewal announcement on the Stock Exchange News Service on 7 April 2017. In light of the above update, Exxaro shareholders are advised to continue to exercise caution when dealing in Exxaro shares.
24-Apr-2017
(Official Notice)
Shareholders are hereby advised that the notice of the 16th annual general meeting of Exxaro shareholders to be held at the Exxaro Corporate Centre, Roger Dyason Road, Pretoria West, South Africa, at 11:00 on Thursday, 25 May 2017 (which includes the summarised group annual financial statements for the year ended 31 December 2016) was distributed.



The annual integrated report, audited group and company annual financial statements, updated analyst results presentation, supplementary report and mineral resources and reserves statement for the year ended 31 December 2016 will also be available on the company?s website (www.exxaro.com).



The board of directors of the company has determined, in accordance with section 59(1)(a) and (b) of the Companies Act 71 of 2008, as amended (Companies Act), that the record date for shareholders to receive notice of the annual general meeting (the notice record date) was Thursday, 13 April 2017, and the record date for shareholders to be recorded as such in the shareholders? register, maintained by the transfer secretaries of the company, to be able to attend, participate in and vote at the annual general meeting (the voting record date) is Friday, 12 May 2017. Therefore the last day to trade in the company?s shares on the JSE to be recorded in the share register on the voting record date is Tuesday, 9 May 2017.



Shareholders are further advised that the audited group and company annual financial statements for the year ended 31 December 2016, are unchanged from the reviewed group annual financial results which were published on SENS on 9 March 2017 and in the press on 10 March 2017.
11-Apr-2017
(Official Notice)
Notice is hereby given in terms of the Debt Listings Requirements of the JSE Limited that Standard and Poor?s (S-P) has on 10 April 2017 lowered the long-term and South African national scale rating on Exxaro but affirmed its short-term national scale rating following similar action on Eskom Holdings SOC Limited (Eskom), which was downgraded on 6 April 2017. Following downgrade of the South African Sovereign, Eskom was downgraded to ?B+? from ?BB-? and to ?zaBB-? from ?zaBB+?.



S-P Global Ratings have, as a result, taken the following rating actions on Exxaro: to lower its long- term South African national scale rating to ?zaBB-? from ?zaBB+? and affirmed its short-term national scale ratings at ?zaB?.



S-P have agreed that ?Exxaro enjoys a broadly stable balance sheet despite increasing capital expenditures (capex), as well as the company?s ability to maintain adequate liquidity.? Despite this positive outlook, it is the decided opinion of S-P that the strengths are offset by the vulnerabilities of Exxaro?s cash flows to Eskom credit quality, as well as, concentrated customer profile (see "South African Utility ESKOM Holdings SOC Rating Lowered To 'B+' Following Sovereign Downgrade; Outlook Negative", published April 6, 2017, on RatingsDirect).



The Exxaro unsecured bonds on which this ratings downgrade has bearing, represents less than 15% of the current Exxaro loan facilities. Despite the ratings downgrade Exxaro continues to have a strong balance sheet with low gearing levels and sufficient sources of short term and long term liquidity. For further information see "Coal Miner Exxaro Resources LT South Africa National Scale Ratings Lowered to ?zaBB-? following similar action on Eskom", published April 10, 2017, on RatingsDirect.
07-Apr-2017
(Official Notice)
Exxaro shareholders are advised that negotiations relating to the unwind of the company?s existing BEE transaction and the proposed terms of the replacement BEE transaction are still ongoing as referred to the announcements released on the Stock Exchange News Service of the JSE Limited on 22 November 2016 and 23 February 2017.



Continued caution should be exercised when dealing in Exxaro shares.



09-Mar-2017
(C)
Revenue for the year increased to R20.9 billion (2015: R18.3 billion), operating profit lowered to R4.5 billion (2015: R5.2 billion), profit attributable to owners of the parent from continuing operations soared to R5.1 billion (2015: R588 million), while headline earnings per share from continuing operations jumped to 1 342 cents per share (2015: 573 cents per share).



Dividend

Exxaro?s dividend policy is based on a cover ratio of between 2.5 and 3.5 times core attributable earnings. Notice is therefore given that a gross final cash dividend, number 28 of 410 cents per share (2015: 85 cents per share), for the financial year ended 31 December 2016 was declared, payable to shareholders of ordinary shares.



Outlook

Supportive market conditions are expected in 2017 for most of Exxaro?s chosen coal market segments compared to 2016, both domestically and internationally. Exxaro is confident that the strength of the diversified coal product portfolio will create new opportunities in this environment.



Exxaro expects an improvement in the operational results of the coal business in 2017 based on:

- Stable trading conditions in domestic markets

- Higher international coal prices compared to 2016

- Exxaro's operational excellence process delivering further results

- Technology and innovation improvements



The rand exchange rate against the US dollar is expected to remain volatile for most of 2017 due to the combination of significant event risks and volatility in the US dollar. The performance of the investment portfolio (SIOC and Tronox) is currently expected to be positively influenced by a favourable commodity price outlook for 2017.
08-Mar-2017
(Official Notice)
Exxaro announced its intention to begin a path to monetise its stake in Tronox in order to focus on core activities

- Exxaro's board has determined that it will explore available alternatives to monetise its stake in Tronox in a thoughtful, efficient and staged process over time.

- Exxaro currently has beneficial ownership of 44% in Tronox; approximate value of USD911 million, based on 51 million Class B shares owned by Exxaro and USD17.80 closing share price as of March 7, 2017.

- Exxaro intends to apply the proceeds from any future sales to, amongst others, Exxaro?s core operations and to fund capital commitments.

- Additionally, Tronox has announced a definitive agreement to acquire the titanium dioxide business of Cristal for USD1.673 billion of cash and stock representing 24% ownership in pro forma Tronox.

- Pro forma for the Tronox and Cristal transaction, Exxaro?s ownership would be diluted to approximately 33%.

- As Tronox?s largest shareholder, Exxaro intends to vote its shares in favour of the proposed transaction.
02-Mar-2017
(Official Notice)
Shareholders are advised that Exxaro and its directors have reasonable certainty relating to the expected financial results of Exxaro for the year ended 31 December 2016.



Attributable earnings for the year ended 31 December 2016 are expected to be between R5 169 million and R6 078 million. This is mainly due to higher net operating profit contribution from the coal business as well as higher equity-accounted income from investments coupled with the non-recurring impairment loss recorded in respect of the goodwill which arose on the acquisition of Exxaro Coal Central (Pty) Ltd. (ECC) during 2015. Attributable earnings per share (AEPS) are therefore expected to be between 1 456 cents and 1 712 cents per share compared to the 83 cents per share attributable earnings reported for the year ended 31 December 2015.



Headline earnings per share (HEPS) are expected to be between 1 173 cents per share and 1 365 cents per share compared to 457 cents per share reported in 2015.



Shareholders are advised that Exxaro will release its reviewed financial results for the year ended 31 December 2016 on 9 March 2017.



The forecast financial information on which this trading statement is based has not been reviewed, audited nor reported on by Exxaro?s external auditors.



23-Feb-2017
(Official Notice)
Exxaro shareholders are referred to the announcement released on the Stock Exchange News Service of the JSE Ltd. on 22 November 2016 wherein the company advised of the unwind of its existing BEE transaction and the proposed terms of the replacement BEE transaction.



Shareholders are advised that negotiations are still ongoing and that continued caution should be exercised when dealing in Exxaro shares.



17-Jan-2017
(Official Notice)
Exxaro shareholders are referred to the circular issued to Exxaro shareholders on 29 November 2016 (?the circular?) in relation to the specific repurchase by Exxaro of Exxaro ordinary shares to the value of R3,524,433,435 (?Specific Repurchase?) from Main Street 333 (Pty) Ltd. (?MS333?).



Further to the general meeting results announcement released on SENS on Friday, 30 December 2016, Exxaro shareholders are advised that all conditions precedent to the Specific Repurchase have been fulfilled and accordingly the Specific Repurchase is unconditional.



As detailed in the circular, Exxaro will proceed with the Specific Repurchase from MS333 of 43,943,745 ordinary shares to the value of R3,524,433,435, which shares will be delisted with effect from the commencement of trading on or about Friday, 20 January 2017 and will thereafter be cancelled.
30-Dec-2016
(Official Notice)
Exxaro shareholders are advised that at the general meeting of shareholders of the company held on Friday, 30 December 2016 (?General Meeting?), the special and ordinary resolution, as set out in the notice of general meeting forming part of the circular to shareholders dated 29 November 2016, were passed by the requisite majority of votes of shareholders present in person or represented by proxy.



Special resolution number 2 was not put to a vote, as the company had received no objections to Special resolution number 1 from shareholders pursuant to Sections 115 and 164 of the Companies Act 71 of 2008, as amended, and hence the passing thereof was not required.



The total number of shares present/represented, including proxies, entitled to vote at the meeting was 146 810 262 or 75% of Exxaro?s issued share capital as at Friday, 23 December 2016, being the voting record date.





30-Nov-2016
(Official Notice)
As in previous years and in compliance with section 45 of the Companies Act 71 of 2008, as amended, (the Act) shareholders of diversified resources group Exxaro are advised that, pursuant to the authorisation granted at the annual general meeting of Exxaro held on 26 May 2016, the board of directors of the Company (the directors) at its meeting held on 30 November 2016, has approved, in accordance with section 45 of the Act, the giving of financial assistance to related and interrelated companies of the group up to an amount not exceeding R15 billion (2016: also R15 billion), at any time and from time to time during the period 1 January 2017 to 31 December 2017.



The directors have confirmed that, after considering the reasonably foreseeable financial circumstances of the Company, it is satisfied that, immediately after providing such financial assistance, the Company will satisfy the solvency and liquidity test, as contemplated in section 45 of the Act and detailed in section 4 of the Act; and that the terms under which such assistance is proposed to be given are fair and reasonable to the Company.
29-Nov-2016
(Official Notice)
As indicated in the announcement released on the Stock Exchange News Service of the JSE Limited on 22 November 2016, shareholders are advised that the circular to Exxaro shareholders containing details of the Specific Repurchase, incorporating a notice of general meeting (?General Meeting?) and a form of proxy has been posted today, 29 November 2016 (?the Circular?).



Exxaro shareholders are advised that the Circular is immediately available on the Company?s website: www.exxaro.com.



Notice of the General Meeting

Notice is hereby given that the General Meeting of Exxaro shareholders will be held at the Exxaro Corporate Centre, Roger Dyason Road, Pretoria West at 10:00 on Friday, 30 December 2016, to transact the business as stated in the General Meeting notice forming part of the Circular (?the Notice of General Meeting?).



Salient dates

Record date to determine which shareholders are entitled to receive the Notice of General Meeting - Friday, 18 November 2016

Last day to trade in order to be eligible to attend and vote at the General Meeting - Tuesday, 20 December 2016

Record date to determine which shareholders are entitled to attend and vote at the General Meeting - Friday, 23 December 2016

Forms of proxy for the General Meeting to be lodged by 10h00 on* Wednesday, 28 December 2016

*any proxies not lodged by this time must be handed to the chairperson of the General Meeting immediately prior to the General Meeting.
24-Nov-2016
(Official Notice)
Shareholders are referred to the SENS announcement released on Tuesday, 22 November 2016 relating to the unwind of Exxaro?s existing BEE transaction, terms of a replacement BEE transaction and cautionary announcement. A dial-in teleconference call on the details of this announcement will be held on Thursday, 24 November 2016 at 16h30 South African time.



The investor presentation is available for download on the Exxaro website (www.exxaro.com) Teleconference details:

Dial-in teleconference numbers

*Republic of South Africa toll-free: 0800 200 648

*Johannesburg: 011 535 3600 / 010 201 6800

*UK toll-free: 0808 162 4061

*USA and Canada toll-free: 1 855 481 5362

*Conference ID: Exxaro BEE Transaction teleconference



Playback

A playback will be available until 30 November 2016. To access the playback, dial one of the following numbers using the playback code 54777#:

*South Africa: 011 305 2030

*UK (Toll-free): 0808 234 6771

*USA - Canada: 1 855 481 5363

*Australia (Toll-free): 1 800 091 250

22-Nov-2016
(Official Notice)
18-Aug-2016
(Official Notice)
In terms of section 7.2 of the Debt Listings Requirements of the JSE Ltd., investors are advised that the Exxaro reviewed condensed group interim financial statements for the six months ended 30 June 2016 are available for viewing and downloading at http://www.exxaro.com/index.php/investors/financial- archive/.
18-Aug-2016
(C)
17-Aug-2016
(Official Notice)
The board announced that Mr EJ Myburgh (Ras) has been appointed as an independent non-executive director of the company, as well as a member of the Remuneration and Nomination Committee and the Social and Ethics Committee, with effect from 1 September 2016.
05-Aug-2016
(Official Notice)
Shareholders are advised that Exxaro and its directors have reasonable certainty relating to the expected financial results of Exxaro for the six-month period ended 30 June 2016.



Consolidated net operating profit is expected to increase by between R175 million (10% increase) and R359 million (20% increase) mainly due to higher coal sales volumes albeit at lower average realised prices.



Attributable earnings are expected to be between R14 million (1% increase) and R123 million (11% increase) higher than the comparative period primarily due to the higher net operating profit contribution from the coal business, partially offset by lower equity-accounted earnings from investments. Attributable earnings per share (AEPS) are therefore expected to be between 333 cents per share (1% increase) and 363 cents per share (10% increase).



Headline earnings per share (HEPS) are expected to be between 284 cents per share (6% decrease) and 310 cents per share (2% increase).



Shareholders are advised that Exxaro will release its reviewed financial results for the six-month period ended 30 June 2016 on 18 August 2016.
09-Jun-2016
(Official Notice)
With reference to the previous announcement on 4 March 2016, the board announces that the actions Mr WA (Wim) de Klerk had to complete, prior to his separation from the company, have either been completed or have progressed to a stage of finalisation and hence the board has agreed to a termination date of 30 June 2016, instead of the previously communicated date of 31 August 2016.



The board announces that Mr PA (Riaan) Koppeschaar will be succeeding Wim with effect from 1 July 2016.



In addition, the board is further announces that Mr Peet Snyders has been appointed as an independent non-executive director of the company, also with effect from 1 July 2016.



Mr Jeff van Rooyen, an independent non-executive director of the company and member of the company?s Audit Committee, has also been appointed as a member of the company?s Remuneration and Nomination Committee with effect from 1 July 2016.

26-May-2016
(Official Notice)
Exxaro shareholders are advised that at the annual general meeting of shareholders of the Company held on Thursday, 26 May 2016 (?Annual General Meeting?), all the ordinary and special resolutions, as set out in the notice of Annual General Meeting forming part of the 2015 Summarised Group Annual Financial Statements and Notice of Annual General Meeting, were passed by the requisite majority of votes of shareholders present in person or represented by proxy. The total number of shares present/represented, including proxies, at the meeting was 282,234,501 or 79% of Exxaro?s issued share capital as at Friday, 13 May 2016, being the Voting Record Date.
22-Apr-2016
(Official Notice)
Shareholders are hereby advised that the notice of the 15th annual general meeting of Exxaro shareholders to be held at the Exxaro Corporate Centre, Roger Dyason Road, Pretoria West, South Africa, at 11:00 on Thursday, 26 May 2016 (which includes the summarised group annual financial statements for the year ended 31 December 2015) was distributed on 22 April 2016. The annual integrated report, audited group annual financial statements, supplementary report and mineral resources and reserves statement for the year ended 31 December 2015 will be available on the company?s website (www.exxaro.com) by, latest, 3 May 2016.



The board of directors of the company has determined, in accordance with section 59(1)(a) and (b) of the Companies Act 71 of 2008, as amended (Companies Act), that the record date for shareholders to receive notice of the annual general meeting (the notice record date) was Friday, 15 April 2016, and the record date for shareholders to be recorded as such in the shareholders? register, maintained by the transfer secretaries of the company, to be able to attend, participate in and vote at the annual general meeting (the voting record date) is Friday, 13 May 2016. Therefore the last day to trade in the company?s shares on the JSE to be recorded in the share register on the voting record date is Friday, 6 May 2016.



Shareholders are further advised that the audited group annual financial statements for the year ended 31 December 2015, are unchanged from the reviewed group annual financial results which were published on SENS on 3 March 2016 and in the press on 4 March 2016.
05-Apr-2016
(Official Notice)
Shareholders of diversified resources group Exxaro are advised that the following changes have been made to the composition of the Company?s Board Committees with effect from 5 April 2016:

- Dr CJ Fauconnier has been appointed as chairman of the Remuneration and Nomination Committee (although the chairman of the Board continues to chair nomination matters).

- Mrs S Dakile-Hlongwane has been appointed as a member of the Social and Ethics Committee.
31-Mar-2016
(Official Notice)
Shareholders of diversified resources group Exxaro are advised that, as reported previously, Mr SA (Sipho) Nkosi is retiring as Chief Executive Officer of the Company with effect from 31 March 2016 and it is hereby confirmed that he will also be retiring as a director of the Company with effect from the same day. Sipho will however remain as an Exxaro nominated director of Tronox Ltd. until further notice.
14-Mar-2016
(Official Notice)
It is with deep regret and sadness that, shareholders of diversified resources group Exxaro are advised that Mr RP (Rick) Mohring, an independent non-executive director of the Company, has passed away this morning.
08-Mar-2016
(Official Notice)
In terms of section 7.2 of the Debt Listings Requirements of the JSE Ltd, investors are advised that the Exxaro reviewed condensed group financial statements for the year ended 31 December 2015 are available for viewing and downloading at http://www.financialresults.co.za/2016/exxaro-yearend-results- 31dec2015/index.php.

04-Mar-2016
(Official Notice)
Shareholders of diversified resources group Exxaro are advised that Mr WA (Wim) de Klerk will, after much consideration and deliberation, be stepping down as Finance Director of the Company. The Company?s Board of Directors (Board) has, over a period of time, been considering his application to step down in order for him to make a lifestyle change and has approved such with effect from 31 August 2016 or an earlier date if so agreed with the Board.



Wim has been requested to, during this period, specifically assist the Chief Executive Officer to, inter alia, coordinate the process to identify and appoint a successor and assist with the transition process, assist in finalising some strategic decisions on equity investments and the new Black Economic Empowerment structure, as well as assist in concluding the negotiations on addendum 10 of the Medupi Coal Supply Agreement with Eskom Holdings SoC Ltd.
03-Mar-2016
(C)
25-Feb-2016
(Official Notice)
01-Dec-2015
(Official Notice)
Exxaro and Eskom have been in discussion for the last two years (since 2013) in relation to the CSA in terms of which Exxaro has been supplying coal from the Arnot Mine to the Arnot Power Station in Mpumalanga. Due to a disagreement between Exxaro and Eskom on the expiry date of the CSA, a Memorandum of Understanding (?MoU?) was concluded whereby both parties would jointly optimise Arnot mine operations for the supply of coal beyond 2015.



However, on 08th September 2015, whilst in discussions as per the MoU, Eskom advised Exxaro that the CSA will terminate on 31 December 2015 and instructing Exxaro to start the process of closure of the Arnot Mine. Following the receipt of such correspondence from Eskom, the parties have subsequently had exhaustive engagements seeking clarity on the continuation of the relationship at Arnot Mine as well as the closure process and procedures moving into 2016 and beyond. At a high level meeting between senior executives of the parties on 30th November 2015, Eskom confirmed verbally that they will no longer be off-taking any coal from Arnot Mine after 31st December 2015.



Exxaro will therefore have to initiate appropriate activities occasioned by this decision from Eskom. Further, as a captive (cost plus) mine, Exxaro is only a mining right holder and Eskom owns the Arnot Mine movable and immovable assets and therefore Eskom will ultimately be liable to defray all costs related and incidental to the closure of the Arnot Mine.



For illustrative purposes, the pro forma impact on Exxaro's coal portfolio would have been as follows, based on performance for the FYE31 December 2014: -

1) Coal production would have been lower by ca1,4m tonnes; and

2) Profit before tax would have been lower by R17,1m.



The financial information contained in this announcement has not been reviewed or reported on by the company?s auditors. Shareholders will be informed by way of an update announcement of any developments. We are continuing our discussions with Eskom to reach a joint closure solution as prescribed in the CSA. We are conscious and concerned about the potential for negative consequences on Arnot mine employees.

26-Nov-2015
(Official Notice)
Shareholders of diversified resources group Exxaro are reminded of the announcement made on the Stock Exchange News Service on 3 December 2014 regarding the provision of financial assistance to related and inter-related parties of Exxaro for the 2015 financial year. This type of transaction and resultant announcement has become standard practice in order to, inter alia, specifically permit the funding (including effective cash management within a group) of subsidiaries and associates within larger groups, in compliance with the requirements of the Companies Act 71 of 2008, as amended (the Act).



In Exxaro, financial assistance requirements for the forthcoming financial year are reviewed and approved by the Board of Directors in November of each year. Therefore, in compliance with section 45 of the Act, shareholders are advised that, pursuant to the authorisation granted at the Annual General Meeting of Exxaro held on 26 May 2015, the Board of Directors of the company (the Directors) at its meeting held on 26 November 2015, has approved, in accordance with section 45 of the Act, the giving of financial assistance to related and interrelated companies of the group up to an amount not exceeding R15 billion (2015: R40 billion), at any time and from time to time during the period 1 January 2016 to 31 December 2016.



The Directors have confirmed that, after considering the reasonably foreseeable financial circumstances of the company, it is satisfied that, immediately after providing such financial assistance, the company will satisfy the solvency and liquidity test, as contemplated in section 45 of the Act and detailed in section 4 of the Act; and that the terms under which such assistance is proposed to be given are fair and reasonable to the company.
23-Nov-2015
(Official Notice)
Further to the FD Pre-close message published on SENS on 19 November 2015 and the tele-conference held on 20 November 2015, additional information was provided based on the responses to questions raised by the participants on the call. Although a playback with the details of the tele-conference is available until 27 November 2015, Exxaro would like to bring your attention to the additional information that was not published on SENS. In this regard, we refer you to the group?s website on www.exxaro.com for an Addendum to the FD Pre-close FYE 31 December 2015.



Additional information from questions and answers session

1) Regarding a question on the expected performance of Exxaro Coal Central Proprietary Limited (ECC) since Exxaro acquired Total Coal South Africa Proprietary Limited (TCSA): Response: Expect a loss from ECC for both 2015 and 2016 financial years.

2) Regarding export volumes forecast for 2016: Response: Guidance of 6.5 Million tonnes of exports for 2016 was provided.

3) Regarding expected group cash flows for 2016: Response: Guidance of an expected cash flow neutral position as a worst case in 2016, which is expected to result in 2016 debt levels similar to those in 2015.

4) Regarding expected dividends from Exxaro investments: Response: Guidance provided that Exxaro?s internal assumption is that the group expects zero dividends from the Sishen Iron Ore Company (SIOC) investment and lower dividends from the Tronox Ltd. investment in 2016.
19-Nov-2015
(Official Notice)
11-Nov-2015
(Official Notice)
23-Oct-2015
(Official Notice)
20-Oct-2015
(Official Notice)
The purpose of this announcement is to provide clarity to Exxaro?s shareholders regarding the announcement by Universal Coal Plc (Universal Coal), released on the ASX on 20 October 2015, that it has entered into a binding sale of Prospecting Right Agreement (the sale Agreement) with Exxaro.



The announcement refers to a transaction concluded in 2012 for R89,7 million. However, the last condition precedent to the sale agreement, namely approval, in terms of Section 11 of the Mineral and Petroleum Resources Development Act 28 of 2002, by the Department of Mineral Resources for the transfer of the prospecting rights from Exxaro Coal Proprietary Limited, a subsidiary of Exxaro Resources Limited, remains outstanding.



The transaction is not material to Exxaro and for clarity is not related to Exxaro?s operating mine, Arnot Coal Mine, which supplies coal to Eskom?s Arnot Power Station. Universal Coal was obliged to announce this transaction due to their own current corporate actions.

04-Sep-2015
(Official Notice)
Shareholders of diversified resources group Exxaro are advised that, subsequent to a tender process, the Company has terminated its sponsor services engagement with Deutsche Securities (SA) Pty Ltd (?Deutsche?) with effect from 30 September 2015.



On completion of the requisite regulatory formalities Absa Bank Ltd (?Absa?) will be appointed as the Company?s sponsor with effect from 1 October 2015. The board of directors and management of Exxaro wish to thank Deutsche for their contribution to Exxaro since 2009 and welcome Absa as their new sponsor.
20-Aug-2015
(C)
Revenue for the interim period ended 30 June 2015 increased to R8.324 billion (2014: R7.412 billion). Net operating profit turned around to R1.811 billion (2014: loss of R4.080 billion), profit attributable to owners of the parent came in at R1.167 billion (2014: loss of R2.441 million). Furthermore, headline earnings per share dropped to 303 cents per share (2014: 793 cents per share).



Dividend

An interim cash dividend for 2015 of 65 cents per share (2014: 260 cents per share) was approved by the board of directors on 18 August 2015.



Outlook

Exxaro's priority in the short- to medium term is to remain cash flow-positive while preserving growth opportunities. The actions they have implemented in response to current market conditions are expected to position Exxaro to withstand the subdued macro-economic outlook.



Exxaro expects market oversupply, coupled with low demand in their commodity portfolio (coal, iron ore, mineral sands and pigment), to persist in the near term which will demand more rigorous efforts to ensure short-term survival and sustainable long-term profitability. Given that the API4 RB1 coal price is expected to remain around USD60 per tonne, they expect their export sales volumes for FY15 to be roughly 4Mtpa.



While the Eskom power station business provides a hedge against falling export USD commodity prices, the prolonged weakness of the ZAR against the USD raises the risk of increased domestic inflation, which has a direct impact on Exxaro's production costs and capital projects for imported goods.



Given the state of commodity markets, Exxaro has assumed that no dividends will be received from their SIOC equity-accounted investment and minimal dividends will be received from Tronox Ltd. This will have a direct impact on their current positive cash flows as well as their ability to continue paying dividends. As such, Exxaro will continue to critically review capital allocation, their project pipeline, as well as their optionality regarding investments. Exxaro BEE structure comes to a ten year end in 2016, and they continue to put a concerted effort towards a co-ordinated unwinding of this structure.
18-Aug-2015
(Official Notice)
In compliance with paragraph 3.59 of the JSE Ltd. Listings Requirements, shareholders of diversified resources group Exxaro are advised of the following changes to the board of directors of Exxaro with effect from 18 August 2015:

* Resignation of Mr Norman Bloe Mbazima as a non-executive director of the company; and

*Appointment of Mr Saleh Mayet as a non-executive director of the company. Mr Mayet holds BCom and BCompt (Honours) degrees and is a Chartered Accountant (SA). He is Head of Finance for Anglo American South Africa Ltd. (?AASA?) and currently serves on the boards of AASA and AASA?s strategic investment subsidiaries. He is also a non-executive director and chairman of the audit committee of Distribution and Warehousing Network Ltd.
11-Aug-2015
(Official Notice)
Exxaro shareholders are referred to the announcement released by the Company on the Stock Exchange News Service on 28 July 2014, advising that Exxaro had entered into a binding sale and purchase agreement (?SPA?) with Total S.A. (?Total?) to acquire 100% of the issued share capital of TCSA and its related export marketing rights under its primary Richards Bay Coal Terminal allocation (?the Acquisition?).



Shareholders are advised that approval in terms of Section 11 of the Mineral and Petroleum Resources Development Act 28 of 2002 has been granted by the Minister of Mineral Resources of South Africa. Accordingly, all conditions precedent to the Acquisition have now been fulfilled. Furthermore, shareholders are advised that following engagement and agreement between Exxaro and Total, the SPA is to be amended as follows:

*A reduced purchase consideration: In the 12-month period since the Acquisition was announced, commodity market conditions have deteriorated significantly. As a consequence, Exxaro and Total have agreed to a reduction in the purchase consideration to take into account the change in market circumstances. In terms of the agreement reached, the revised purchase consideration payable by Exxaro to Total will be an upfront cash payment of USD262 million, plus a maximum additional amount of USD120 million structured as a series of deferred payments (?Deferred Payments?). The Deferred Payments, if made, will be payable by Exxaro to Total in tranches based on the average Richards Bay API4 coal price realised between now and 2019

*The inclusion of additional broad-based empowerment participants: Exxaro has committed to creating, on arms-length commercial terms, a new black economic empowerment participation in the investment. Exxaro management is considering various options in this regard.



Further information regarding the salient details of the transaction is published on the Exxaro website on http://www.exxaro.com/index.php/investors/corporate-actions/ A teleconference will be held Wednesday, 12 August 2015 at 10h00 South African Time (GMT+2:00) where Exxaro executives will discuss today?s announcement. To participate, please dial one of the following numbers:

07-Aug-2015
(Official Notice)
24-Jul-2015
(Official Notice)
Exxaro?s BEE shareholder consortium, Mainstreet 333 (Pty) Ltd. (?MS333?), holds a 52,09% interest in the company. In November 2013, MS333 raised a R3,8 billion preference share facility (?Preference Share Facility?) with a consortium of banks (?Funders?) to refinance the acquisition debt that it had raised in 2006 on the initial acquisition of M333?s controlling interest in Exxaro. The Preference Share Facility is secured by MS333?s shareholding in Exxaro.



As a result of the recent decline in underlying commodity prices and its impact upon the Exxaro share price, MS333 has requested an interim loan to the value of R400 million (?the Loan?) from Exxaro to repay a portion of the Preference Share Facility and ensure compliance with the terms thereof.



Exxaro is of the view that it is in the best interests of the company and its shareholders to provide such loan to MS333 in order to ensure continued majority black ownership and control of Exxaro.



Shareholders are reminded that an announcement was made on 3 December 2014 that the Board of Directors of the company had approved the provision of financial assistance to related and interrelated companies of the group in terms of section 45 of the Companies Act, 71 of 2008, as amended up to an amount not exceeding R40 billion, at any time and from time to time during the period 1 January 2015 to 31 December 2015. Although the Loan had not been contemplated at the time and a separate resolution by the Board of Directors of the company only passed now to approve such, the Loan would not result in the company exceeding the previously approved total financial assistance for 2015 of R40 billion.



Exxaro will therefore extend the Loan to MS333, on commercial, arm?s length terms, by drawing down on its existing debt facilities, which amount MS333 will use to repay a portion of the Preference Share Facility. It is foreseen that R200 million of the Loan will be settled by MS333 in the near term through a coordinated placement of a number of Exxaro shares in the open market so as to still retain MS333?s majority interest in the company. Further discussions between MS333, related parties, Exxaro and the Funders, regarding a longer-term solution, are in progress and will be communicated once finalised.
04-Jun-2015
(Official Notice)
In compliance with paragraph 3.59 of the JSE Ltd. Listings Requirements, shareholders of diversified resources group Exxaro are advised of the following changes to the board of directors of Exxaro (?Board?) with effect from 4 June 2015:



Appointment of Ms Monhla Wilma Hlahla as an independent non-executive director of the Company. Ms Hlahla holds a BA (Honours) Economics degree, Masters of Arts (MA) Urban Planning, Advanced Management Programme (AMP) and a certificate in Accounting and Finance. She has extensive experience in both executive and non- executive board positions and currently, inter alia, serves as the chairman of Royal Bafokeng Holdings (Pty) Ltd. and as a non-executive director of both Liberty Holdings Ltd. and Stanlib Ltd.



Appointment of Mr Mxolisi Donald Mbuyisa Mgojo, the recently appointed Chief Executive Officer (designate) of Exxaro, as an executive director of the Company.
27-May-2015
(Official Notice)
Exxaro shareholders are advised that at the annual general meeting of shareholders of the company held on Tuesday, 26 May 2015 (?Annual General Meeting?), all the ordinary and special resolutions, as set out in the notice of Annual General Meeting forming part of the 2014 Summarised Group Annual Financial Statements and Notice of Annual General Meeting, were passed by the requisite majority of votes of shareholders present in person or represented by proxy.



The total number of shares present/represented, including proxies, at the meeting was 288,882,616 or 80.66744% of Exxaro?s issued share capital as at Friday, 15 May 2015, being the Voting Record Date.
19-May-2015
(Official Notice)
Shareholders are advised that Exxaro will release its reviewed annual financial results for the six-month period ending 30 June 2015 on 20 August 2015.



Headline earnings for the six-month period ending 30 June 2015 are likely to be at least 20% (R563 million) lower than the headline earnings of R2 814 million for the prior comparative period ended 30 June 2014. The expected decrease in headline earnings is primarily attributable to the expected decrease in income from the Sishen Iron Ore Company (Pty) Ltd. equity-accounted investment as a result of the significant decrease in the export iron ore prices during the period. As such, headline earnings per share (HEPS) are also likely to be at least 20% (159 cents) lower than the HEPS of 793 cents for the prior comparative period ended 30 June 2014.



The attributable loss for the six-month period ending 30 June 2015 is likely to show an improvement of at least 20% (R488 million) when compared to the attributable loss of R2 441 million for the prior comparative period ended 30 June 2014. The expected improvement in the attributable loss for the six-month period ending 30 June 2015 is primarily due to the non-recurring post-tax impairment loss of the Mayoko Iron Ore Project amounting to R5 208 million at 30 June 2014. As such, the attributable loss per share (ALPS) is also likely to improve by at least 20% (138 cents) compared to the ALPS of 688 cents for the prior comparative period ended 30 June 2014.



Shareholders are advised that a further trading statement will be issued in due course to provide ranges for the expected HEPS and ALPS once reasonable certainty on these ranges has been reached, as required by the JSE Ltd. Listings Requirements.
24-Apr-2015
(Official Notice)
Shareholders are hereby advised that the notice of the 14th annual general meeting of Exxaro shareholders to be held at the Exxaro Corporate Centre, Roger Dyason Road, Pretoria West, South Africa, at 11:00 on Tuesday, 26 May 2015 (which includes the summarised group annual financial statements) was distributed today. In addition, the annual integrated report, audited group annual financial statements, supplementary report and mineral resources and reserves statement for the year ended 31 December 2014 is now available on the company?s website (www.exxaro.com).



The board of directors of the company has determined, in accordance with section 59(1)(a) and (b) of the Companies Act 71 of 2008, as amended (Companies Act), that the record date for shareholders to receive notice of the annual general meeting (the notice record date) was Friday, 17 April 2015, and the record date for shareholders to be recorded as such in the shareholders? register, maintained by the transfer secretaries of the company, to be able to attend, participate in and vote at the annual general meeting (the voting record date) is Friday, 15 May 2015. Therefore the last day to trade in the company?s shares on the JSE to be recorded in the share register on the voting record date is Friday, 8 May 2015.



Shareholders are further advised that the audited group annual financial statements for the year ended 31 December 2014, issued today, are unchanged from the reviewed group annual financial results which were published on SENS on 5 March 2015 and in the press on 6 March 2015.



PricewaterhouseCoopers Incorporated audited the group annual financial statements as well as the summarised group annual financial statements and their unqualified reports are available for inspection at the registered office of the company.
30-Mar-2015
(Official Notice)
Exxaro CEO, Sipho Nkosi, to retire: Board appoints Mxolisi Mgojo as CEO-designate Shareholders are advised of the following executive changes within the Group:

* Sipho Nkosi, chief executive officer (CEO), will retire on 31 March 2016

* Mxolisi Mgojo, currently Exxaro?s executive responsible for carbon operations, has been appointed to serve as CEO-designate in a transition period effective from 1 May 2015 until 31 March 2016 when his appointment as CEO will become effective

* Dr Nombasa Tsengwa, currently general manager for Mpumalanga coal operations, will be appointed to act in the role of executive head - carbon operations, previously occupied by Mr Mgojo, from 01 May 2015 until further notice.
05-Mar-2015
(C)
Revenue increased to R16.4 billion (R13.6 billion). Operating profit increased to R1.2 billion (R992 million). Net attributable profit declined to a loss of R883 million (profit of R6.2 billion). Headline earnings per share from continuing operations fell to 1 372cps (1 470cps).



Dividend

A final dividend for 2014 of 210 cents per share (2013: 315 cents per share) was approved by the board of directors on 3 March 2015.



Outlook

Exxaro expects that the challenging conditions facing most commodity markets in 2014 will continue into 2015. However, significantly lower oil prices and more supportive initiatives from key central banks are expected to boost global real GDP growth to the 3% level in 2015, last achieved in 2009. The average API4 price expected is around USD62 FOB RBCT per tonne. The Rand exchange rate against the USD is expected to remain weak for most of 2015, mainly due to the combination of lower commodity prices and the overall strength of the USD.



Most of Exxaro?s capital expenditure in coal over the past five years has been directed at GMEP. While the benefits of this expenditure are expected to realise in 2015, the delays recently announced by Eskom on the synchronisation of unit 6 at Medupi power station present challenges in configuring the Grootegeluk mining plan. This will, in turn, require a revised focus on the operational productivity and configuration of the entire operation to maximise efficiencies and profitability. To protect margins, there is a renewed focus on managing controllable costs across the business.



Exxaro will continue to exercise caution and discipline in allocating capital to projects in 2015. Like many others in the industry, Exxaro is expected to reduce its expansion capital expenditure in the short to medium term
20-Feb-2015
(Official Notice)
Shareholders are advised that Exxaro will release its reviewed annual financial results for the year ended 31 December 2014 on 05 March 2015. Consolidated net operating profit as well as attributable earnings per share for the year ended 31 December 2014 are expected to show a decrease of more than 20% when compared to the corresponding period of 2013, mainly due to the non-recurring pre-tax impairment loss of R5 803 million of the company?s investment in the Mayoko Project on 30 June 2014.



The coal business is expected to report a higher net operating profit for the year ended 31 December 2014 compared to the R2 769 million net operating profit reported in the corresponding period of 2013. This is mainly as a result of higher export and power station coal sales volumes. A lower contribution from Exxaro?s equity-accounted investments is expected for the year ended 31 December 2014 when compared to 2013, mainly as a result of a 32% decrease in earnings from Sishen Iron Ore Company largely attributable to lower iron ore export prices.



Attributable losses for the year ended 31 December 2014 are expected to be between R830 million and R998 million. This equates to a basic attributable loss per share of between 234 cents and 281 cents, representing a decrease of between 113% and 116% when compared to the attributable earnings per share of 1 751 cents recorded in the corresponding period in 2013. This is mainly due to the non-recurring post-tax impairment loss recorded in respect of the Mayoko Project in June 2014 to the value of R5 251 million. Basic headline earnings per share, which excludes the impact of any impairment losses, are expected to be between 1 328 cents and 1 381 cents, representing a decrease of between 9% and 6% when compared to the basic headline earnings per share of 1 463 cents of the corresponding period of 2013.



The forecast financial information on which this trading statement is based has not been reviewed, audited or reported on by Exxaro?s external auditors. This statement is issued in compliance with the Listings Requirements of the JSE Limited.

15-Jan-2015
(Media Comment)
Business Day reports that the merger between Exxaro and Total Coal has been approved without any conditions. With Exxaro's interest in coal mining and Total Coal's active production of thermal coal from three mines, the Competition Commission recommended the unconditional approval of the merger after investigating the effects it would have on the market.
03-Dec-2014
(Official Notice)
Shareholders of diversified resources group Exxaro are advised that, pursuant to the authorisation granted at the annual general meeting of Exxaro held on 27 May 2014, the board of directors of the Company (the directors) at its meeting held on 26 November 2014, has approved, in accordance with section 45 of the Act, the giving of financial assistance to related and interrelated companies of the group up to an amount not exceeding R40 billion, at any time and from time to time during the period 1 January 2015 to 31 December 2015.



The directors have confirmed that, after considering the reasonably foreseeable financial circumstances of the Company, it is satisfied that, immediately after providing such financial assistance, the Company will satisfy the solvency and liquidity test, as contemplated in section 45 of the Act and detailed in section 4 of the Act; and that the terms under which such assistance is proposed to be given are fair and reasonable to the Company.
02-Dec-2014
(Media Comment)
Business Day highlighted that Exxaro expects to sign a mutually beneficial agreement with the Republic of Congo on a port and rail tariff for its Mayoko iron-ore project by the end of this year. It has also extended the mining convention with the Congolese government by another two years. Guidance on project expenditure on Mayoko next year would be given once the agreements had been signed.
01-Dec-2014
(Official Notice)
26-Sep-2014
(Official Notice)
Shareholders of Exxaro are advised that a presentation on developments in the Waterberg Region will be made to investment analysts and media today, 26 September 2014 at 11h30.



The presentation is titled "Mining and infrastructure developments - an update on Exxaro's prospects for growth" and forms part of a site visit to the groups Grootegeluk mine situated at Lephalale, Limpopo.



The presentation will be available for viewing on the Exxaro website, www.exxaro.com, from 11h30 today, 26 September 2014. Presentations to be delivered by Transnet Freight Rail and Eskom during the same site visit will also be available on the same website.
27-Aug-2014
(Official Notice)
Shareholders are referred to the announcement of Exxaro's interim financial results for the six-month period ended 30 June 2014 released on SENS on 21 August 2014 and are advised that certain figures in Table 2: Group segment results (included in the commentary section) were incorrectly reflected in the text version of this announcement due to a glitch in the alignment process.
21-Aug-2014
(Official Notice)
Shareholders are referred to the 21 August 2014 announcement of Exxaro's interim financial results for the six-month period ended 30 June 2014. Further to the announcement shareholders are advised that a revised GMEP ramp- up schedule for the supply of coal to the Medupi Power Station is now available. Please refer to updated slide 25 of the interim financial results presentation available on the Exxaro website (www.exxaro.com).
21-Aug-2014
(C)
30-Jul-2014
(Official Notice)
29-Jul-2014
(Media Comment)
Business Day reported that coal, iron ore and mineral sands company Exxaro has doubled its ability to export coal through the privately owned Richards Bay coal terminal through its USD472 million acquisition of Total Coal SA. Exxaro said access to additional export allocation could allow it to reconfigure and speed up plans to develop coal mines in the Waterberg, potentially as multi-product mines. CEO Sipho Nkosi said the acquisition fitted into Exxaro's long-term strategy of increasing its coal exports from SA, but it did not take away from the funding available for other opportunities.
28-Jul-2014
(Official Notice)
26-Jun-2014
(Official Notice)
In preparation for the financial closed period commencing on 30 June 2014, the analysis below applies to the six-month period ending 30 June 2014 compared to the corresponding period ended 30 June 2013, unless where specifically referred to.



Stable financial and operational results are expected in the company's Coal business and equity- accounted investments. The 1H14 Coal business' net operating profit guidance provided in the SENS announcement dated 24 June 2014, excludes the impact of the outcome of any possible settlement with Eskom on the current Medupi Power Station construction delay off- take engagement discussions.



As communicated on 24 June 2014, the impact of the impairment loss due to the write-down of Exxaro's Mayoko Project in the Ferrous business will be a pre-tax write-off of a maximum amount of the total of the original acquisition cost of the company's investment in the Mayoko Project as well as the project related costs capitalised to date amounting to R5 362 million in total. Exxaro will advise on the final number as soon as the final calculations have been completed.

Exxaro will provide a detailed account of the first half's performance (including guidance on corporate costs as well as the remaining operations (e.g. Alloys and Zincor)) when the company announces its interim financial results on 21 August 2014. As such, in the report detailed in the relevant SENS note, focus has been placed on its owner-managed coal operations.
24-Jun-2014
(Official Notice)
03-Jun-2014
(Official Notice)
In compliance with Section 3.59 of the JSE Limited Listings Requirements, shareholders of diversified resources group Exxaro are advised of the following changes to the Board and Board Committees of Exxaro:

*Appointment of Dr Constantinus Johannes Fauconnier as a member of the Company?s Remuneration and Nomination Committee effective 3 June 2014;

*Resignation of Mr Nkululeko Leonard Sowazi as a director of the Company effective 3 June 2014; and

*Appointment of Mr Vuyisa Nkonyeni as an independent non-executive director of the Company and as a member of the Company?s Audit Committee effective 3 June 2014. Mr Nkonyeni holds a BSc (Hons) degree and is also qualified as a Chartered Accountant. He currently serves as the Chief Executive Officer and executive director of Kagiso Tiso Holdings Proprietary Limited.

27-May-2014
(Official Notice)
Shareholders of diversified resources group of Exxaro are advised that the ordinary and special resolutions proposed at the thirteenth annual general meeting of shareholders of the Company held on Tuesday, 27 May 2014, were duly passed by the requisite majority votes.

25-Apr-2014
(Official Notice)
10-Apr-2014
(Official Notice)
An article published by Reuters on 9 April 2014 and subsequently by various publications headlined "Exxaro says might look at Amplats assets" refers.



Exxaro wishes to clarify that the group is neither in discussions with Anglo American Platinum Limited ("Amplats") management on any potential acquisition of their platinum group metals (PGM) assets nor is it assessing the acquisition of Amplats assets as suggested by the headline in the article.
10-Apr-2014
(Media Comment)
According to Business Report, Exxaro hopes to diversify into platinum group metals (PGMs) and is investigating opportunities. The opportunities could include assets belonging to Anglo American Platinum's ("Amplats") assets. Mzila Mthenjane, executive head of strategy, told the Reuters Africa Investment Summit that Exxaro has "scouted around PGMs" and the company thinks "there are some exciting opportunities that are emerging."
06-Mar-2014
(C)
04-Mar-2014
(Official Notice)
Shareholders of diversified resources group Exxaro are advised that Mr Jurie Johannes Geldenhuys has indicated to the board of directors of Exxaro that he will not make himself available for re-election as a Director of the company at the Annual General Meeting to be held on 27 May 2014 and will thus retire with effect from such date. Dr Constantinus Johannes Fauconnier has been elected to replace Mr Geldenhuys as chairman of the company?s Sustainability, Risk and Compliance Committee with effect from 28 May 2014.
27-Feb-2014
(Official Notice)
Shareholders are referred to the trading statement published on 30 January 2014 and are advised that Exxaro and its directors have obtained a reasonable degree of certainty relating to the expected financial results of Exxaro for the year ended 31 December 2013.



A decrease in consolidated net operating profit for the group is expected when compared to the R7 557 million in the corresponding period in 2012, mainly due to the non-recurring profits of R4 037 million realised during 2012 on the sale of the mineral sands and zinc operations and other assets.



The group is expected to record higher net operating profit from the coal operations, based on higher export volumes at higher average Rand selling prices as well as expected higher shortfall income at the Grootegeluk Medupi Expansion Project, partially offset by higher inflation. The group also recorded a net pre-tax impairment loss of R143 million of the carrying value of property, plant and equipment at the New Clydesdale Colliery coal operation in Mpumalanga during the year ended 31 December 2013.



The group is expected to report an increase in the operating cost of the ferrous business reported for the year ended 31 December 2013 when compared to 2012, mainly due to corporate costs and cost of the refurbishment of the demonstration furnace at Alloystream.



Contributions from equity-accounted investments are expected to be in line with 2012.



Attributable earnings (from both continuing and discontinued operations) for the year ended 31 December 2013 are expected to be between R5 595 and R6 404 million. This equates to basic attributable earnings per share of between 1 576 cents and 1 804 cents, representing a decrease of between 34% and 42% when compared with the comparative period in 2012. Again, this is mainly due to the non-recurring profit on the sale of the mineral sands operations as well as the sale of the Rosh Pinah mine and other non-core assets, collectively amounting to R4 037 million in 2012.



Basic headline earnings per share are expected to be between 1 370 cents and 1 478 cents, representing an expected range between a decrease of 2% and an increase of 6% when compared with the comparative period in 2012.



Shareholders are reminded that Exxaro will release its reviewed financial results for the year ended 31 December 2013 on 6 March 2014.
03-Feb-2014
(Official Notice)
30-Jan-2014
(Official Notice)
Shareholders are advised that Exxaro will release its reviewed financial results for the year ended 31 December 2013, on 06 March 2014. Consolidated net operating profit as well as attributable earnings per share for the group for the year ended 31 December 2013 are expected to show a decrease of more than 20% when compared with the corresponding period in 2012, mainly due to the non-recurring profit on the sale of subsidiaries and other non-core assets during 2012. Exxaro is not in a position at this stage to provide more specific guidance. Shareholders are therefore advised that a further trading statement will be issued once Exxaro and its directors have obtained a reasonable degree of certainty relating to the expected financial results for the year ended 31 December 2013.
29-Jan-2014
(Official Notice)
Shareholders of diversified resources group Exxaro are advised that, Dr Constantinus Johannes Fauconnier, who was appointed as an independent non-executive director to the board of directors of Exxaro on 1 November 2013, was subsequently appointed to the Audit Committee and the Sustainability, Risk and Compliance Committee with effect from 29 January 2014.
18-Oct-2013
(Official Notice)
Shareholders of Exxaro are advised of the appointment of Dr Constatinus Johannes Fauconnier as an independent non-executive director to the board of directors of Exxaro effective 1 November 2013.
22-Aug-2013
(C)
08-Aug-2013
(Official Notice)
Exxaro announced that it is contemplating cessation of production at its New Clydesdale Colliery ("NCC") situated near eMalahleni in Mpumalanga, subject to the consultation and engagement processes as stipulated and required in terms of the Labour Relations Act 66 of 1995 (LRA), as amended, and the Mineral and Petroleum Resources Development Act 28 of 2002, as amended.



Prior to the announcement, in November 2012, Exxaro had approved the potential sale of NCC through a tender sale process. The decision to dispose of NCC was made after Exxaro completed an internal review on its coal assets, from which it was established that NCC is no longer strategically aligned to Exxaro's group strategy. The misalignment is mainly due to NCC being a negative-margin operation with a shorter life-of-mine. Exxaro's strategy has a focus on high-margin operations with longer life of mine timeframes. Furthermore, Exxaro had also received a number of expressions of interest from parties with operations adjacent to NCC as well as other parties who indicated possible benefit from the usage of NCC's infrastructure and thus extend NCC's life-of-mine. It is Exxaro's opinion that a third party may be better placed to extract optimal value from this unique asset. A divestment process started in April 2013 and interested parties were asked to submit expressions of interests. However, shortly thereafter, it became apparent that NCC's operations were under significant and unanticipated stress as revised 2013 forecasts for the operation indicated a substantial decrease in operating profit. The main contributors to the negative forecast are reduced coal prices and exchange rate movements, mining difficulties which are incurring increased mining costs at lower yields, and a shortfall of sales due to unique characteristics of the NCC siding. The in-principle decision was therefore taken to contemplate the cessation of production at NCC while in parallel allowing the tender sale process to continue.



As Exxaro is contemplating cessation of production at NCC, the group has informed the relevant trade unions in line with Section 189 of the LRA and a minimum 60-day consultation process is now underway. NCC employs 402 people. In 2012 the mine produced 717kt of steam coal, primarily for the export market. Coal is mined using both open-pit and underground methods.
08-Aug-2013
(Official Notice)
Shareholders are advised that Exxaro will release its reviewed financial results for the six-month period ended 30 June 2013 on Thursday, 22 August 2013. A decrease in consolidated net operating profit for the group is expected when compared with the corresponding period in 2012, mainly due to:

* the non-recurring profits realised during 2012 on the sale of the mineral sands and zinc operations and other assets of R4 123 million; and

* the shortfall created of R1 918 million in 2013 as a result of the reduced contribution to the overall group net operating profit from the operations sold in 2012.



The group also recorded a pre-tax impairment loss of R292 million on the carrying value of property, plant and equipment of the New Clydesdale Colliery (NCC) coal operation in Mpumalanga during the six-month period ended 30 June 2013. t 2013) regarding Exxaro contemplating the cessation of production at NCC. Attributable earnings for the six-month period ended 30 June 2013 are expected to be between R1 975 and R2 289 million. This equates to attributable earnings per share of between 556 and 645 cents, representing a decrease of between 74% and 78% when compared with the comparative period in 2012. Headline earnings per share are expected to be between 627 cents and 727 cents, representing a decrease of between 37% and 45% when compared with the comparative period in 2012.
15-Jul-2013
(Official Notice)
31-May-2013
(Media Comment)
Business Day noted that Exxaro has signed a deal with US- and Australia-listed Linc Energy to develop underground coal gasification projects in sub-Saharan Africa. Besides receiving AUD20 million (USD19.3 million) upfront as a technology licencing fee, Linc Energy will have the option to up its stake in the projects to 49%.
24-May-2013
(Official Notice)
Shareholders of Exxaro are advised that the ordinary and special resolutions proposed at the twelfth annual general meeting of shareholders of the Company held on Friday, 24 May 2013, were duly passed by the requisite majority votes.
23-Apr-2013
(Official Notice)
Shareholders of Exxaro were advised that the audited condensed annual financial statements for the year ended 31 December 2012 issued on 23 April 2013 as part of the integrated report are unchanged from the reviewed group financial results which were published on SENS on 07 March 2013 and in the Press on 08 March 2013. In addition to the integrated report, the full annual financial statements will be available on the company's website from 23 April 2013 and shareholders can also request to receive a copy of the full annual financial statements from the Group Company Secretary.



Notice was given that the twelfth annual general meeting of shareholders of Exxaro will be held at the Exxaro Corporate Centre, Roger Dyason Road, Pretoria West, South Africa, at 10:00 on Friday, 24 May 2013 to consider, and if deemed fit, pass with or without modification, the resolutions as set out in the notice of annual general meeting forming part of the integrated report.



The board of directors of the company has determined, in accordance with section 59 of the Companies Act 71 of 2008, as amended, that the record date for shareholders to be recorded as such in the shareholders' register, maintained by the transfer secretaries of the company, to be able to attend, participate in and vote at the annual general meeting is Friday, 17 May 2013. Therefore the last day to trade in the company's shares on the JSE to be recorded in the share register on the record date is Friday, 10 May 2013.
07-Mar-2013
(C)
04-Mar-2013
(Official Notice)
Shareholders of diversified resources group Exxaro are advised that Mr J van Rooyen stepped down as chairman and member of the Social and Ethics Committee and has been replaced by Dr MF Randera as chairman with effect from 04 March 2013. The board thanked Mr van Rooyen for his services as chairman.

22-Feb-2013
(Official Notice)
Further to the announcement on 30 November 2012, shareholders of Exxaro are advised that Exxaro and its directors have obtained a reasonable degree of certainty relating to the expected financial results for the year ended 31 December 2012.



The profit realised on the sale of the mineral sands and Rosh Pinah operations in mid 2012 is expected to result in an increase in attributable earnings when compared with the corresponding period in 2011. These sales transactions resulted in these operations effectively contributing to earnings for six and six and a half months, respectively, in 2012 compared to 12 months in 2011, contributing to the decline in expected headline earnings.



Attributable earnings for the year ended 31 December 2012 are expected to be between R9 193 million and R9 871 million. This equates to attributable earnings per share of between 2 597 cents and 2 788 cents, representing an increase of between 18% and 27% when compared with the comparative period in 2011.



Headline earnings per share are expected to be between 1 261 cents and 1 443 cents, representing a decrease of between 31% and 40% when compared with the corresponding period in 2011.



The forecast financial information on which this trading statement is based has not been reviewed, audited nor reported on by Exxaro?s external auditors. This statement is issued in compliance with the Listings Requirements of the JSE Limited. Shareholders are reminded that Exxaro will release its reviewed financial results for the year ended 31 December 2012 on 07 March 2013.
07-Feb-2013
(Media Comment)
Business Day reported that Exxaro's commissioning of a plant in the Republic of Congo during 2013 meant that the country's fledgling iron-ore industry is on the verge of making deliveries. The mine is close to a railway line and Exxaro will commission its iron ore plant at the Mayoko-Lekoumou project in August 2013. Ernst Venter, GM in charge of business growth, said the mine will produce two million tons of lumpy and fine ore.
31-Jan-2013
(Official Notice)
Shareholders of diversified resources group Exxaro were advised that Mr U Khumalo has resigned as a non-executive director of the Exxaro board of directors with effect from 31 January 2013.
30-Nov-2012
(Official Notice)
Consolidated net operating profit for the group is expected to show an increase when compared to the corresponding period in 2011, mainly due to the profit on the sale of subsidiaries and other non-core assets. The mineral sands and Rosh Pinah operations effectively contributed to net operating profit for six months in 2012 compared to 12 months in 2011. The coal business is expected to deliver lower operating profit compared to the corresponding period in 2011 primarily due to lower international and domestic selling prices, coupled with lower volumes.



Exxaro's income from its equity accounted investments is expected to decline in 2012 when compared to that achieved in the corresponding 2011 period mainly as a result of lower export iron ore prices coupled with an expected decline in the profits of the Sishen Iron Ore Company Proprietary Limited investment as recently announced by Kumba Iron Ore Ltd. ("KIO"). The recent announcement by KIO of an expected decrease in earnings for the 2012 financial year by at least 20%, coupled with the historical trend of Exxaro?s performance linked to KIO, leads Exxaro management to expect a lower investment income from this investment. Furthermore, the contribution from the Tronox equity accounted investment is expected to be lower than the 2011 second half operating profit contribution from the mineral sands business as a result of reduced demand and lower commodity prices, mainly zircon and pigment.



When compared to the previous corresponding period headline earnings per share are expected to decrease by at least 20% whereas attributable earnings per share are expected to increase by at least 20%. Shareholders are advised that Exxaro will release its audited financial results for the year ending 31 December 2012 on 07 March 2013.
29-Nov-2012
(Official Notice)
Shareholders of diversified resources group Exxaro were advised that Mr CI Griffith has resigned as a non-executive director of the Exxaro board of directors with effect from 29 November 2012.



Subsequently, Mr NB Mbazima has been appointed as a non-executive director to the board with effect from 30 November 2012. Mr Mbazima will also replace Mr Griffith on the Exxaro Remuneration and Nomination Committee of the board effective from the same date.
03-Oct-2012
(Official Notice)
As one of South Africa's leading diversified resources companies, we at Exxaro pride our reputation as being a responsible operator of mines across the country. It is therefore of serious concern to us that the operations of our Leeuwpan mine in Mpumalanga were misrepresented in a front page article published in Beeld newspaper on Wednesday, 25 September 2012, and headlined Myn-woesteny. We therefore take this opportunity to set the record straight and to ensure that our stakeholders are accurately informed regarding the Leeuwpan mine:

*The above-mentioned article and an accompanying photograph published are misleading as they claim to show the result of mining a wetland. Instead, what the photo shows is the mine's lawful open cast operations which Exxaro will rehabilitate in terms of the mine?s approved environmental management programme.

*The Leeuwpan mine complies with mining, water use and environmental legislation. Operations are performed in terms of the required water use licence issued by the Department of Water Affairs (DWA), as well as environmental authorisations in terms of the National Environmental Management Act and an approved Environmental Management Programme in terms of the Minerals and Petroleum Resources Development Act.

*The false impression was created by the article that operations at Leeuwpan mine were halted by the DWA. This is not true. The Leeuwpan mine remains fully operational.

*A wetland area - previously degraded by other land use activities - forms part of the mine?s overall mining right area. Exxaro maintains that its current authorisations (as stated above) for Leeuwpan?s mining right area also apply to the wetland. When Exxaro received a query from DWA about activities on the wetland area, Exxaro on its own accord, postponed this activity until the matter is resolved.

*Exxaro did not receive a directive to stop the mining activity in the wetland. We received a directive to supply information and we complied fully. We also approached the Water Tribunal to appeal this directive. We will continue to engage with the DWA to find a mutually acceptable way forward.

01-Oct-2012
(Official Notice)
Diversified resources group Exxaro announced that it has decided not to exercise its right to participate in the development of the Makhado coal project with Coal of Africa Ltd. (CoAL). Following an extensive exchange of information and evaluation of the project by the technical teams from both companies, Exxaro will not use its pre-emptive right to a 30 percent interest in the project. The Makhado project represents a potential development of hard coking coal assets in Limpopo.
01-Aug-2012
(C)
Revenue for the interim period increased to R5.9 billion (2011: R5.7 billion). Net operating profit lowered to R1.3 billion (2011: R1.4 billion), while profit attributable to owners of the parent jumped to R9 billion (2011: R3.2 billion). Furthermore, headline earnings per share from continuing operations fell to 825cps (2011: 1 003cps).



Interim dividend

A gross interim cash dividend of 350cps for the six-month period ended 30 June 2012 has been declared payable to shareholders of ordinary shares.



Outlook

The safety of their people remains the highest priority for the Exxaro group. As such, Exxaro will continue to focus on creating and maintaining a safe and healthy environment for their people to work in. The financial and operational results are expected to be relatively stable in the second half of 2012.



The coal export price index is anticipated to remain under pressure for the remainder of 2012, while domestic prices are expected to be at marginally higher levels. Power station coal demand is expected to remain robust along with strong steam coal demand. Overall coal production volumes are expected to be higher in the second half but are likely to be offset by weaker international coal prices. The Char plant has been put on care and maintenance until market conditions improve. TFR performance is expected to remain stable.



Exxaro's future equity income is expected to be influenced by the mineral sands and iron ore industry due to Exxaro's interests in Tronox Ltd. and SIOC respectively. The trading levels of the local currency to the US dollar will invariably impact on the financial results in the second half of 2012.
24-Jul-2012
(Official Notice)
Shareholders are advised that Exxaro will release its reviewed financial results for the six-month period ended 30 June 2012 on 1 August 2012. It is expected that the mineral sands business will report a higher operating profit than the corresponding period in 2011 due to a general increase in selling prices for the products in addition to the partial impairment reversal of approximately R103 million of the carrying value of the property, plant and equipment at the KZN Sands operations.



The coal business is expected to deliver lower operating profit than the corresponding period in 2011 primarily due to lower international and domestic selling prices coupled with lower volumes to Eskom, export and domestic markets. Headline earnings per share, which exclude the impact of the non-recurring profits realised on the sale of the mineral sands and base metals subsidiaries of approximately R5 billion, as well as the impact of the partial impairment reversal of the carrying value of the KZN Sands property, plant and equipment of approximately R103 million for the six-month period ended 30 June 2012, are expected to be between 1 093 cents and 1 186 cents, representing an increase of between 5% and 13% when compared with the corresponding period in 2011. Attributable earnings, which include the non-recurring net profits realised on the sale of the mineral sands and base metals subsidiaries and the partial impairment reversal of the carrying value of the KZN Sands property, plant and equipment for the six-month period ended 30 June 2012 are expected to be between R8 775 million and R9 136 million. This equates to attributable earnings per share of between 2 479 cents and 2 581 cents, representing an increase of between 169% and 180% when compared with the corresponding period in 2011.
13-Jun-2012
(Official Notice)
Shareholders were advised that Dr Mohamed Fazel Randera was appointed as a non-executive director to the board of directors of Exxaro with effect from 13 June 2012.



Shareholders were further advised of the following board committee changes effective from 13 June 2012. Mr Jurie Johannes Geldenhuys was appointed to the Audit Committee to replace Mr Nkululeko Leonard Sowazi. Dr Deenadayalen Konar was appointed as member of the Remuneration and Nomination Committee and Mrs Salukazi Dakile-Hlongwane was appointed to the Sustainability, Risk and Compliance Committee.
11-Jun-2012
(Official Notice)
Shareholders were advised that Exxaro Resources Ltd. (''Exxaro''), through its wholly-owned subsidiary Exxaro Base Metals and Industrial Minerals Holdings (Pty) Ltd., has completed the disposal of its entire 50.04% shareholding in, and claims against, Rosh Pinah Zinc Corporation (Pty) Ltd. (''Rosh Pinah'') to wholly-owned subsidiaries of Glencore International plc (''Glencore'') (the ''transaction''.)



The selling price was R931 million which is subject to final adjustment for net debt and working capital changes. The effective date of the transaction is 1 June 2012.



Exxaro continues to hold 26% of Black Mountain, which owns the Black Mountain zinc and lead mine and the Gamsberg zinc project in the Northern Cape, as well as an effective 22% interest in the Chifeng zinc smelter in China. The group continues to seek appropriate buyers for these assets.

11-Jun-2012
(Official Notice)
Exxaro shareholders were referred to the announcements released on SENS on 26 September 2011 and on 11 November 2011 relating to the proposed transaction between Exxaro and Tronox Incorporated (''Tronox''), which entailed the combination of Exxaro's mineral sands operations with the businesses of Tronox under a new Australian holding company, Tronox Ltd., in exchange for approximately 38,5% of the shares in Tronox Ltd. (the ''proposed transaction'').



Shareholders were advised that the remaining conditions precedent to the proposed transaction that can be fulfilled prior to the completion date have been fulfilled, and the proposed transaction is expected to close on 15 June 2012.



The company will list the class A shares of Tronox Ltd. on the New York Stock Exchange on 18 June 2012 under the ticker symbol TROX. Upon completion of the transaction, Tronox Ltd. will employ approximately 3 500 workers in 16 countries, including the United States, South Africa, Australia and the Netherlands.
22-May-2012
(Official Notice)
Shareholders are advised that the ordinary and special resolutions proposed at the eleventh annual general meeting of shareholders of the company held on Tuesday, 22 May 2012, were duly passed by the requisite majority votes.



General meeting

Shareholders are further advised that the ordinary and special resolutions proposed at the general meeting of shareholders of the company held on Tuesday, 22 May 2012, were duly passed by the requisite majority votes.



Fulfilment of conditions precedent

The conditions precedent set out in the circular to shareholders dated 16 April 2012 ("the circular") relating to the company's proposed Replacement ESOP (as defined in the circular) have been fulfilled by the passing of the above resolutions at the general meeting, as well as prior to the general meeting on receipt of the consents required from Anglo South African Capital Ltd. and BHP Billiton SA Holdings Ltd. The Replacement ESOP will resultantly commence on 1 July 2012, however the further specific issue for cash remains conditional upon the Tronox transaction (as defined in the circular) not becoming unconditional in accordance with its terms and not being implemented by 30 September 2012.
11-May-2012
(Media Comment)
Business Day reported that Exxaro plans to develop a new coal mine in the Waterberg field that will supply 13 to 15 million tons of coal for export per annum. The project will start between 2018 and 2025.
16-Apr-2012
(Official Notice)
Shareholders of Exxaro were advised that the audited annual financial statements for the year ended 31 December 2011 issued on 16 April 2012 as part of the 2011 integrated annual report are unchanged from the audited group financial results which were published on SENS on 23 February 2012 and in the Press on 24 February 2012.



Notice was given that the eleventh annual general meeting of shareholders of Exxaro will be held at the Exxaro Corporate Centre, Roger Dyason Road, Pretoria West, South Africa, at 10:00 on Tuesday, 22 May 2012 to consider, and if deemed fit, pass with or without modification, the resolutions as set out in the notice of annual general meeting forming part of the 2011 integrated annual report.



In addition, notice is hereby given that a general meeting of shareholders of Exxaro will be held at the Exxaro Corporate Centre, Roger Dyason Road, Pretoria West, South Africa, at 11:00 or immediately after the annual general meeting is finalised or adjourned, on Tuesday, 22 May 2012 to consider, and if deemed fit, pass with or without modification, the resolutions as set out in the notice of general meeting forming part of the circular to shareholders dated 16 April 2012 relating to the company's proposed replacement employee share ownership plan, including an initial specific issue of shares for cash and a further specific issue of shares for cash; and the approval of the adoption of the company's new Memorandum of Incorporation.



The board of directors of Exxaro has determined, in accordance with section 59 of the Companies Act 71 of 2008, as amended, that the record date for shareholders to be recorded as shareholders in the shareholders' register, maintained by the transfer secretaries of the company, in order to be able to attend, participate in and vote at the annual general meeting and the general meeting is Friday, 11 May 2012. Therefore the last day to trade in the company's shares on the JSE in order to be recorded in the share register on the record date is Friday, 4 May 2012.
30-Mar-2012
(Official Notice)
15-Mar-2012
(Official Notice)
On 15 February 2012, Exxaro announced that the cash takeover offers made by its wholly owned subsidiary, Exxaro Australia Iron Investments Pty Ltd .("Exxaro Australia"), for all the shares and listed options of African Iron Limited. (ASX code: AKI) ("African Iron") (the "Offers") had become unconditional in accordance with all their terms. On 27 February 2012, Equatorial Resources Ltd ("Equatorial") accepted the Offers and Exxaro announced that as a result Exxaro Australia would increase the consideration of the Offers to USD0.57 per African Iron share and USD0.37 per African Iron listed option. The offer period was also extended by another 14 days until 4pm Perth time on Monday 12 March 2012.



Exxaro is pleased to announce that the offer period has now officially closed and that it has received acceptances in respect of approximately 99.75% of African Iron's issued shares and 98.70% of African Iron's listed options. Exxaro has also received 74.02% acceptances of the separate offers made for the unlisted options. Exxaro now has a relevant interest in more than 90% of African Iron shares and has commenced the process to compulsorily acquire the remaining shares and listed options in African Iron and to delist African Iron from the Australian Securities Exchange. African Iron's securities will be suspended from quotation on the Australian Securities Exchange from close of trading on 15 March 2012.



The total purchase consideration is USD312,95 million (R2 585 million). African Iron is an Australian domiciled iron ore development company working on the exploration and evaluation of the Mayoko and Ngoubou-Ngoubou projects in the Republic of Congo in central West Africa. For further information on African Iron, please visit www.africanironlimited.com.

27-Feb-2012
(Official Notice)
With respect to the takeover offer for African Iron Ltd. (AKI) by Exxaro Australia Iron Investments Pty Ltd. (Exxaro Australia), a wholly owned subsidiary of Exxaro Resources Ltd. (the Offer), Equatorial Resources Ltd. (Equatorial) has notified Exxaro Australia of its intention to accept the Offer.



Equatorial holds 99 400 000 ordinary shares and 22 075 061 listed options in AKI, equivalent to 20.50% of the fully diluted share capital of AKI. As a result of Equatorial's intended acceptance, Exxaro Australia will hold in excess of 86.22% of the fully diluted share capital of AKI and consequently, following receipt of Equatorial's acceptance, Exxaro Australia will increase the consideration of the Offer to USD0.57 per AKI share and USD0.37 per AKI listed option. The increased consideration will be provided to all AKI shareholders and listed optionholders who accept into the Offer, including those who have already accepted. Shareholders and optionholders that have previously accepted the Offer will receive an additional USD0.06 per AKI share or AKI option. The additional cash consideration of USD0.06 per AKI share or AKI listed option, as the case may be, will be paid to you as soon as possible.
23-Feb-2012
(C)
Revenue increased to R12.5 billion (R10.1 billion). Net operating profit rose to R2.8 billion (R2.5 billion). Net attributable profit rose to R7.7 billion (R5.2 billion). In addition, headline earnings per share from continuing operations grew to 1 738c (1 478cps).



Dividend

A final ordinary dividend of 500cps has been declared.



Outlook

Greater emphasis will be placed to create and maintain a safe, healthy and environmentally friendly working environment. The group's consolidated results for 2012 will continue to be impacted by the trading levels of the local currency and the AUD against the USD. At 31 December 2011 Exxaro had USD200 million of hedging in place at an average exchange rate of R7.56 for the local operations as well as USD17 million at an average rate of USD0.97 to the AUD for the Australian operation. The coal business will continue to focus optimising and growing its market position in the supply of coal to Eskom as well as the other domestic and export markets while considering alternatives to increase export volumes. Continued reliable performance from TFR and a progressive increase in allocation at the Richards Bay Coal Terminal remain paramount. International coal prices are expected to decrease in 2012 along with lower coking prices while volumes to Eskom and AMSA Ltd. should remain stable.



Mineral sands' short to medium term focus remains the granting of relevant regulatory approvals for the construction of Fairbreeze, as well as the finalisation of the New Tronox transaction. Feedstock prices should increase significantly supported by higher demand. A recovery in demand for Zircon is also expected in the second quarter of 2012. Base metals finalisation of the sale of Rosh Pinah to a subsidiary of Glencore International AG is expected in the second quarter of 2012, whilst the future application of the Zincor plant is still under investigation.
21-Feb-2012
(Official Notice)
Ms Salukazi Dakile-Hlongwane was appointed as a non-executive director to the board of directors of Exxaro with effect from 21 February 2012.
15-Feb-2012
(Official Notice)
09-Feb-2012
(Media Comment)
Business Day reported that Exxaro will know on 14 February 2011 whether it has gained control of an encouraging iron-ore deposit in the Republic of Congo. If Exxaro wins control, the mine will be the group's first iron-ore project. CEO Sipho Nkosi has said that he wants the Exxaro to add its own iron-ore projects to its existing coal and mineral sands operations in South Africa and Australia.
06-Feb-2012
(Media Comment)
According to Business Day Exxaro Resources, a diversified miner, said on Friday its earnings for last year would rise by between 27% and 43% boosted by higher prices and strong demand for the commodities it produces. Exxaro, which is primarily a coal miner, also produces mineral sand and base metals and has a 26% stake in Sishen Iron Ore, SA's largest iron-ore mine. Its results will be released on 23 February. "Consolidated net operating profit for the group is expected to show an improvement when compared with the corresponding period in 2010, mainly due to strong demand and generally higher prices across the majority of its commodity suite, partially offset by a stronger average realised local currency and Australian dollar against the US dollar," Exxaro said on Friday. Exxaro owns a mineral sand business in Australia. As part of its strategy to get into the iron-ore business and have its own operating assets, Exxaro has made a bid for Australia's African Iron. Exxaro said the offer for the company with its two exploration projects in the Republic of Congo had been declared final because there were no competing offers.
03-Feb-2012
(Official Notice)
Shareholders were advised that Exxaro will release its audited financial results for the year ended 31 December 2011 on 23 February 2012. Consolidated net operating profit for the group is expected to show an improvement when compared with the corresponding period in 2010, mainly due to strong demand and generally higher prices across the majority of its commodity suite, partially offset by a stronger average realised local currency and Australian dollar against the US dollar. The coal business is expected to deliver higher operating profit than the corresponding period in 2010 primarily due to higher export volumes at higher international selling prices, despite lower sales volumes from its operations captive to Eskom.



It is expected that the mineral sands business will also report a higher operating profit than the corresponding period in 2010 due to a general increase in selling prices of its products, in addition to the partial impairment reversal of approximately R869 million of the carrying value of the property, plant and equipment at the KZN Sands operations. The base metals business will report a consolidated net operating loss due to the decision taken by the board of directors of Exxaro to cease operations at the Zincor refinery, compounded by an impairment of R516 million of the carrying value of the Zincor property, plant and equipment.



Headline earnings per share, which exclude the impact of the impairment of the carrying value of the Zincor property, plant and equipment as well as the impact of the partial impairment reversal of the carrying value of the KZN Sands property, plant and equipment for the year ended 31 December 2011, are expected to be between1 901 cents and 2 140 cents, representing an increase of between 27% and 43% when compared with the comparative period in 2010. Attributable earnings for the year ended 31 December 2011 are expected to be between R6 964 million and R7 806 million. This equates to attributable earnings per share of between 2 001 cents and 2 243 cents, representing an increase of between 33% and 49% when compared with the corresponding period in 2010.
02-Feb-2012
(Official Notice)
29-Nov-2011
(Official Notice)
Shareholders are advised that at the extraordinary general meeting of shareholders of Exxaro held at 09:30 on Tuesday, 29 November 2011, the requisite majority of shareholders passed all the ordinary resolutions and special resolutions, as set out in the notice of extraordinary general meeting dated 19 October 2011. Shareholders holding 80.51% of the voting rights were represented at the extraordinary general meeting. For further information, please contact Carina Wessels, Group Company Secretary, (012) 307-4384.

11-Nov-2011
(Official Notice)
Exxaro shareholders were referred to the announcement released on SENS on 26 September 2011 and published in the press on 27 September 2011 relating to the proposed transaction between Exxaro and Tronox Inc ("Tronox"), which entails the combination of Exxaro's Mineral Sands Operations with the businesses of Tronox under a newly-formed Australian holding company ("New Tronox") in exchange for approximately 38.5% of the shares in New Tronox (the "proposed transaction"). The proposed transaction occurred on 30 June 2011.



Withdrawal of cautionary

In light of the above, Exxaro shareholders are advised that caution is no longer required to be exercised when dealing in Exxaro securities.
19-Oct-2011
(Official Notice)
Notice was given that an extraordinary general meeting of shareholders of Exxaro will be held at the registered office of Exxaro, situated in the Corporate Office, Roger Dyason Road, Pretoria West, South Africa, at 09:30 on Tuesday, 29 November 2011 to consider, and if deemed fit, passing, with or without modification, the following resolutions as set out in the notice of extraordinary general meeting:

*Ordinary resolution number 1 to approve amendments to the Exxaro Resources Ltd Long Term Incentive Plan 2006

*Ordinary resolution number 2 to approve amendments to the Exxaro Resources Ltd Share Appreciation Right Scheme 2006

*Ordinary resolution number 3 to approve amendments to the Exxaro Resources Deferred Bonus Plan 2006

*Special resolution number 1 to approve the provision of financial assistance

*Special resolution number 2 to approve non-executive directors' fees

*Special resolution number 3 to approve non-executive directors' additional meeting fees



The notice of extraordinary general meeting was posted to shareholders on Wednesday, 19 October 2011 and is available on the company's website (www.exxaro.com).
11-Oct-2011
(Media Comment)
Business Day reported that Exxaro will close down SA's only zinc refinery in December after telling the market in July that it planned to stop production because the plant was not profitable. "The Exxaro board of directors has confirmed that the production of zinc at the Zincor refinery in Springs will cease effective December 31," the company announced. "We are taking all feasible steps to provide the most suitable options to affected employees, customers and suppliers," Exxaro CEO Sipho Nkosi commented.
26-Sep-2011
(Official Notice)
18-Aug-2011
(Official Notice)
Shareholders are referred to the Exxaro news release disseminated on SENS on 18 August 2011, in which it was incorrectly stated that the interim dividend is 330 cents per share. The company advised shareholders that the correct interim dividend as per the Reviewed Group Interim Financial Results and Unaudited Physical Information SENS announcement, is 300 cents per share.
18-Aug-2011
(C)
Revenue increased to R9.3 billion (R7.5 billion). Net operating profit rose to R1.5 billion (R1.3 billion). Net attributable profit improved to R3.2 billion (R2.4 billion). In addition, headline earnings on a per share basis from continuing operations grew to 913cps (668cps).



Dividend

An interim ordinary dividend of 300cps has been declared.



Outlook

The positive market recovery for coal in terms of price and demand are set to continue in the second half of 2011, amid the existing logistical challenges. Following the commissioning of Phase V expansion at Richards Bay Coal Terminal (RBCT), Exxaro's export entitlement should be 6.3Mtpa, but only some 2.9Mtpa of this will be available in 2011. The remainder of the exports planned can only be achieved by selling on a free-on-rail basis, the lease of export entitlement, and exports via Maputo in Mozambique. Market conditions on the mineral sands business are favourable and the demand for all products is strong. The upward trend in prices should continue in the medium-term given current supply and demand imbalances. Subsequent to the in-principle decision announced on 29 July 2011 to permanently cease the production of zinc at Zincor, Exxaro is contemplating the retrenchment of Zincor employees unless a feasible alternative is identified.



The equity accounted contribution from SIOC should continue to be positively impacted by anticipated higher iron ore prices and continued strong demand. The strength of the local currency and Australian dollar against the US dollar will continue to impact on the group's financial results. At 30 June 2011, Exxaro has USD234 million of hedging in place at an average exchange rate of R7.34 for the local operations and USD27 million at an average rate of USD0.99 cents to the AUD for the Australian operation.
04-Aug-2011
(Official Notice)
Shareholders are advised that Exxaro will release its reviewed financial results for the six months ended 30 June 2011 on 18 August 2011. Consolidated net operating profit for the group is expected to show a strong improvement when compared with the corresponding period in 2010. The group results were positively impacted by strong demand for its products and generally higher commodity prices for the period, partially offset by a stronger average realised local currency and Australian dollar to the US dollar.

The coal business is expected to deliver higher operating results than the corresponding period in 2010 primarily due to higher export volumes at higher international selling prices. It is expected that the mineral sands business will report a higher consolidated net operating profit than the corresponding period in 2010 mainly due to higher commodity prices supported by continued disciplined cost management.



It is anticipated that the base metals business will report an operating loss due to operational challenges adversely impacting on volumes and profitability at the Zincor refinery in addition to an impairment of R439 million of the carrying value of the Zincor assets. Headline earnings per share, which exclude the impact of the impairment of the carrying value of the Zincor assets, for the six months ended 30 June 2011, are expected to be between 961 cents and 1 055 cents, representing an increase of between 41% and 55% when compared with the comparative period in 2010.



Attributable earnings for the six months ended 30 June 2011 are expected to be between R2 885 million and R3 237 million. This equates to attributable earnings per share of between 829 cents and 930 cents, representing an increase of between 19% and 34% when compared with the corresponding period in 2010. The forecast financial information on which this trading statement is based has not been reviewed nor reported on by Exxaro's external auditors. This statement is issued in compliance with the Listings Requirements of the JSE Limited.
29-Jul-2011
(Official Notice)
Diversified South African-based resources group Exxaro announced today that the board of directors of Exxaro as well as the board of directors of Exxaro Base Metals (Pty) Ltd have taken an in-principle decision to permanently cease production of zinc at the Zincor refinery in Springs, Gauteng. As a result, the retrenchment of employees at the operation is contemplated, in the event that no feasible alternative can be found or there not being sufficient suitable vacant positions available for the redeployment of employees to the rest of the Exxaro Group.



As previously communicated to stakeholders since 2009, Exxaro has, as part of its strategic plan, been considering options to optimise its zinc assets with a view to ultimately divest from them. The decision was made in context of the difficult conditions of the zinc market, including its cyclical nature, low margins as well as the significant impact of higher electricity prices and the exchange rate. Exxaro's current portfolio of zinc assets includes the Zincor refinery, a 50,04% interest in the Rosh Pinah zinc and lead mine, a 26% interest in Black Mountain (Pty) Ltd, which owns the Black Mountain zinc and lead mine and the Gamsberg zinc project, as well as an effective 22% interest in the Chifeng zinc smelter in China.



Issues that have influenced the decision of the board of directors of Exxaro to take an in-principle decision to permanently cease zinc production at Zincor include the fact that Zincor as a zinc-making operation has proved to be un- saleable to potential investors; continued zinc-making is financially unsustainable with Zincor incurring mounting financial losses; and turn-around and improvement interventions have proved fruitless and are unlikely to get Zincor on to a sustainable financial performance level, added Nkosi. Exxaro has today informed its labour unions of the decision and will start a consultation process in accordance with labour legislation and under the auspices of the CCMA.



The sale of Exxaro's shareholding in Rosh Pinah and Chifeng is ongoing and Exxaro is in discussions with interested parties. Stakeholders will be kept updated at the appropriate time.

01-Jul-2011
(Official Notice)
Shareholders of diversified resources group Exxaro are advised that Maria Susanna (Marie) Viljoen, company secretary of Exxaro since 1 August 2001, has retired with effect from 30 June 2011 and that the board of Exxaro has appointed Catharina Helena (Carina) Wessels as group company secretary with effect from 1 July 2011 in her stead.
23-Jun-2011
(Media Comment)
Business Report noted that thousands of workers at Exxaro were on the verge of downing tools in protest against a streamlining process likely to cost jobs and a wage increase dispute. Exxaro will meet with the unions on Thursday, 23 June 2011. Exxaro's streamlining process would affect 900 employees and make about 300 jobs redundant if it goes ahead.
23-Jun-2011
(Official Notice)
Exxaro Resources Ltd confirms that the USD0.46 per share offered under the takeover bid for Territory Resources Limited (ASX:TTY, "Territory") by its wholly-owned Australian subsidiary, Exxaro Australia Iron Investments Pty Ltd, will not be increased and the offer period will not be extended beyond the current closing date of midnight (Australian Western Standard Time) on 4 July 2011.



Exxaro's Executive General Manager of Business Growth, Ernst Venter, said that after carefully considering all options, Exxaro had decided not to increase its bid following an on market offer for Territory by Noble Group. As the Exxaro offer is still subject to a number of conditions that Exxaro does not intend to waive at this stage, it is likely that the Exxaro offer will lapse on 4 July 2011.



Following the lapsing of the Exxaro offer, any acceptances lodged in the Exxaro offer, including the acceptances relating to DCM DECOmetal's holding in Territory (pursuant to the pre-bid acceptance agreement between the parties), will lapse and those Territory shareholders will then be free to deal with their Territory shares as they see fit. Following the Territory Board's recommendation of the Noble offer, Exxaro has formally requested payment from Territory of the agreed break fee of approximately USD1,56 million, pursuant to the bid implementation agreement between the parties.
10-Jun-2011
(Official Notice)
Exxaro advised stakeholders that it has been granted a temporary interdict from the Labour Court declaring the strike action against the group's operations unprotected and restraining employees from participating in such a strike. This follows a strike notice being issued by the National Union of Mineworkers earlier this week informing that the union intends starting strike action at Exxaro operations from Monday 13 June 2011. A return date for having the temporary interdict confirmed has been set for 31 July 2011.
10-Jun-2011
(Media Comment)
Business Report noted that Exxaro was reviewing its position after Hong Kong-based Noble Group made a better offer Australian iron company, Territory Resources ("Territory"). Noble Group owns 30% of Territory and made an unconditional offer of AUD132.6 million for the company. Exxaro's offer of AUD123 million, which was announced in May 2011 was 9% lower.
23-May-2011
(Official Notice)
The attention of shareholders is drawn to the joint announcement released by Exxaro and Territory (ASX:TTY) on the Australian Securities Exchange (the "Joint Announcement") that the parties have executed a Bid Implementation Agreement under which Exxaro is offering all Territory shareholders AUD0.46 cash per share, subject to certain conditions (the "Offer"). The details of the Offer are contained in the Joint Announcement and attached hereafter for ease of reference. The acquisition by Exxaro, as a result of the Offer, would fall below the threshold for a Category 2 transaction as defined in terms of the JSE Limited Listings Requirements, and accordingly this announcement is voluntary.



Territory has an iron ore operation in the Northern Territory, Australia. It has an operating mine at Frances Creek and is well positioned near existing rail and port infrastructure through the port of Darwin, which is in close proximity to China. The current mine produces approximately 1.6Mt per annum of lump and fine direct shipping ore. Territory also owns rights to iron ore tenements in the vicinity of Frances Creek. For further information on the company, visit www.territoryresources.com.au. The Offer is consistent with Exxaro`s stated objective of expanding into the iron ore sector. Exxaro believes the fundamentals of iron ore are positive in the medium to long term and has in house expertise and experience in mining bulk ore commodities. Exxaro has been actively pursuing opportunities to increase its exposure in iron ore and believes this operation in Australia, a jurisdiction in which Exxaro has considerable operational experience, provides an attractive platform for further growth in the commodity.

20-May-2011
(Official Notice)
Shareholders are advised that the ordinary and special resolutions proposed at the annual general meeting of Exxaro shareholders held on Thursday, 19 May 2011, were duly passed by the requisite majority votes. The special resolution will be submitted for filing, as applicable, at the Companies and Intellectual Property Commission in due course.
31-Mar-2011
(Official Notice)
Shareholders of Exxaro were advised that the audited annual financial statements for the year ended 31 December 2010 posted on 31 March 2011 as part of the annual report are unchanged from the audited results which were published on SENS on 24 February 2011 and in the Press on 25 February 2011. Notice was given that the annual general meeting of Exxaro will be held at Exxaro's Corporate Centre, Roger Dyason Road, Pretoria West, on Thursday, 19 May 2011, at 09:00. The notice of annual general meeting forms part of the annual report.
24-Feb-2011
(Official Notice)
Further to the announcement released on SENS earlier today relating to the Exxaro Group financial results for the year ended 31 December 2010, Note 11 "Events after the Reporting Period" states that a final decision will be taken by the Exxaro board of directors on the development of the Fairbeeze mine as a replacement feedstock producer for the Hillendale mine at KZN Sands in the first half of 2011. Shareholders are advised that the Fairbreeze project has been approved by the Board on 23 February 2011 and construction is expected to start up in Q2 2011, subject to normal regulatory and environmental approvals.
24-Feb-2011
(C)
Revenue increased to R17.2 billion (R15 billion). Net operating profit soared to R2.6 billion (R304 million). Net attributable profit increased more than five-fold to R5.2 billion (R1 billion). In addition, headline earnings on a per share basis more than doubled to 1 495cps (729cps).



Dividend

A final ordinary dividend of 300cps has been declared.



Outlook

Coal export volumes, at higher international prices, are expected to remain in line with the tonnage achieved in 2010 despite the build up by TFR to a total export rail rate to RBCT of 70 Mtpa. Prices to the domestic market for similar volumes should reflect normal inflation increases, however, supply agreements with pricing mechanisms linked to hard coking coal prices should reflect a considerable increase. The positive price trends for mineral sands products experienced during the second half of 2010 are expected to continue while demand should remain strong in the medium to long term until supply and demand imbalances are corrected.



It is expected that base metal prices are expected to be lower in the first half of 2011. Production and sales volumes should be in line with those achieved in 2010 with the logistical chain to Zincor remaining a challenge. The group will continue with prudent capital prioritisation, judicious working capital management and the pursuit of business improvement initiatives. The group's consolidated results for 2011 will continue to be impacted by the trading levels of the local currency and the AUD against the USD. On 31 December 2010 Exxaro had USD106 million of hedging in place at an average exchange rate of R7.19 for the local operations as well as USD52 million at an average rate of USD0.87c to the AUD for the Australian operation.
17-Feb-2011
(Official Notice)
Shareholders are advised that Exxaro will release its audited financial results for the 12-month period ended 31 December 2010 on 24 February 2011. Consolidated net operating profit for the group is expected to show a considerable improvement when compared to the corresponding period in 2009. The group results were positively impacted by a strong global economic recovery resulting in generally higher commodity prices and volumes for the period, partially offset by a stronger local currency and Australian dollar. Exxaro's coal business is expected to deliver higher operating results for the period under review when compared to the corresponding period in 2009, mainly due to higher international coal selling prices and an increase in domestic sales volumes, partially offset by the negative impact of a stronger local currency.



The mineral sands business will report a consolidated net operating profit despite the negative impact of a stronger local- and Australian currency, due to higher commodity prices, improved sales volumes, disciplined cost management as well as the final proceeds of an insurance claim for the water ingress incident that occurred at the KZN Sands Furnace 2 in February 2008. The base metals business is expected to report a higher operating loss for the 12-month period ended 31 December 2010, mainly due to production challenges experienced at Zincor, commodity price hedging losses, the higher cost of external purchases of concentrate as well as higher selling, distribution, electricity and maintenance expenses.



Headline earnings per share for the 12 months ended 31 December 2010 are expected to be between 1 390 cents and 1 532 cents representing an increase of between 91% and 110% when compared to the corresponding period in 2009. Attributable earnings for the 12 months ended 31 December 2010 are expected to be between R5 053 million and R5 261 million. This equates to attributable earnings per share of between 1 456 cents and 1 516 cents representing an increase of between 391% and 411% when compared to the corresponding period in 2009. When excluding the impairment of the KZN Sands assets in 2009, the attributable earnings per share represent an increase of between 104% and 113%.
22 Nov 2010 09:09:45
(Media Comment)
Business Day said that, Miner Exxaro plans to move into iron ore next year to further diversify its portfolio and has ambitions for growth at its coal and energy units. Ernst Venter, its manager for growth, said Exxaro is targeting Africa and Australia for either buying an existing or partnering in an early-stage project.
01 Sep 2010 10:59:42
(Media Comment)
Business Day wrote that Exxaro will finalise plans to develop a 300 000-ton-a-year mineral sands mine in early 2011 and is raising output at a pigment plant in Australia. Exxaro believes that the Fairbreeze mine project in KwaZulu-Natal will help extend the company's mineral sands operations beyond 2012 when its Hillendale mine is expected to cease production.
12 Aug 2010 09:19:48
(C)
Revenue for the interim period increased by 10% to R7.8 billion (2009: R7.1 billion) . Net operating profit rose by 43% to R1.3 billion (2009: R953 million), while profit attributable to owners of the parent jumped to R2.4 billion (2009: R1.3 billion) . Furthermore, headline earnings per share was higher at 683cps (2009: 406cps) .



Dividend

The board of directors declared an interim cash dividend of 200 cents per share in respect of the 2010 interim period.



Outlook

Coal export volumes should increase when compared with the first half of 2010 due to the anticipated commissioning of Richards Bay coal terminal phase V, subject to availability of rail capacity. International demand for hard coking coal is set to remain strong and should support an increase in semi-soft coking coal prices. The current shortage of pigment should lead to an increase in prices while demand for mineral sands products is generally anticipated to further improve. The downside however remains the relative strength of the Australian dollar and the rand to the US dollar for the Australian and South African operations. Continued strength in the zircon market is expected to prevail thus supporting current price trends. High zinc concentrate and metal stock levels are expected to result in downwards pressure and a lower average realised zinc price in the second half of 2010. The logistical challenge to transport concentrate from Rosh Pinah to Zincor is expected to remain in the second half. The equity accounted contribution from SIOC should be positively impacted by anticipated higher prices and continued strong demand. On the back of the current economic recovery, earnings in the second half of 2010 should increase however renewed fears of a slower than expected recovery could impact negatively on the outlook. The relative strength of the local and Australian currencies could further impact on the results for the second half of 2010 as well.
05 Aug 2010 10:03:39
(Official Notice)
Shareholders are advised that Exxaro will release its reviewed financial results for the six months ended 30 June 2010 on 12 August 2010. Consolidated net operating profit for the group for the six months ended 30 June 2010 is expected to show an improvement when compared to the corresponding period in 2009. The group results were positively impacted by a stronger global economic recovery resulting in higher commodity prices for the period partially offset by a stronger average realised exchange rate. The coal business is expected to deliver higher operating results for the six months ended 30 June 2010 than the corresponding period in 2009 due primarily to higher international sales prices and the inclusion of the Mafube joint venture operating results acquired on 1 June 2009.



The mineral sands business will report a consolidated net operating profit due to higher commodity prices, improved sales volumes, disciplined cost management as well as the final proceeds of an insurance claim received during the period for the water ingress incident that occurred at the KZN Sands furnace 2 in February 2008. The base metals business is expected to report a marginal increase in net operating profit mainly due to higher commodity prices for the six months ended 30 June 2010.



Headline earnings per share for the six months ended 30 June 2010 are expected to be between 650 cents and 700 cents, representing an increase of between 60% and 73% when compared to the corresponding period in 2009. Attributable earnings for the six months ended 30 June 2010 are expected to be between R2 288 million and R2 528 million. This equates to attributable earnings per share for the six months ended 30 June 2010 of between 661 cents and 731 cents, representing an increase of between 64% and 81% when compared to the corresponding period in 2009.
21 Jun 2010 09:53:16
(Media Comment)
Business Day reported that coal producer Exxaro marked the start of construction on an expansion to its Grootegeluk project in Limpopo, which the company believes will see the mine become the biggest coal operation in the world. The R9.5 billion project will see annual production rise from about 18 million tons to 33 million tons by 2015. CEO Sipho Nkosi said the Grootegeluk expansion respresents one of the largest mining growth projects in southern Africa and the progress made by Exxaro bears testimony to the ability of the group to successfully plan, develop and implement projects of this magnitude.
21 May 2010 16:35:00
(Official Notice)
Shareholders are advised that the ordinary and special resolutions proposed at the annual general meeting of Exxaro shareholders held on Friday, 21 May 2010, were approved by the requisite majorities. The special resolution will be lodged with the Registrar of Companies for registration as required by the Companies Act 61 of 1973, as amended, in due course.
29 Apr 2010 09:42:37
(Media Comment)
Diversified miner Exxaro expects coal output to match last year at about 45-46 million tons, while exports are seen falling due to rail constraints, a senior official said yesterday. Exxaro's coal unit head, Mxolisi Mgojo, said coal exports might fall to about 4-million tons from 4.7 million tons last year due to bottlenecks on the rail lines leading to the port.
08 Apr 2010 08:32:22
(Media Comment)
As reported by Business Day,Exxaro Resources paid CEO Sipho Nkosi R6.93 million last year, 10% more than in 2008. That included a salary of R4.05 million and performance bonus of R2.37 million. Exxaro said in it's annual report. Full-year net income fell to R1 billion from R3.4 billion in 2008 because of lower coal prices and a R1.4 billion impairment charge related to the closure of a mineral sands mine.

01 Apr 2010 09:33:06
(Media Comment)
Eskom and miner Exxaro coal have finalised a coal supply and off-take agreement for the 4 800MW Medupi coal-fired power station in Limpopo, Exxaro said. This brings certainty to Exxaro's R9 billion Grootegeluk Medupi expansion project in Limpopo. Exxaro temporarily suspended the project's funding programme after Eskom requested a review of certain parts of the agreement. Exxaro also halted placement of additional contracts on the project. The review was part of Eskom's initiative to cut input costs.

31 Mar 2010 10:59:16
(Official Notice)
Exxaro Coal (Pty) Ltd, a wholly owned subsidiary of diversified South African-based resources group Exxaro Resources Ltd (Exxaro), and Eskom Holdings Ltd (Eskom), signed the Medupi Coal Supply and Off-Take Agreement (CSA) on 19 September 2008. In terms of the CSA, Exxaro would supply an average of 14,6 million tonnes per annum of power station grade coal to Eskom's new Medupi base-load power station, under construction near Lephalale, Limpopo province, from a brownfields expansion project at Exxaro's Grootegeluk mine (Grootegeluk Medupi Expansion Project). At the time, Exxaro's capital expenditure for the Grootegeluk Medupi Expansion Project was estimated at R9 billion and delivery of first coal was planned to commence in the fourth quarter of 2011 with a ramp-up to full production by 2014.



On 8 December 2009 Exxaro advised its stakeholders that Eskom had formally requested Exxaro to review certain of the commercial terms of the CSA and Exxaro further noted that this had resulted in it temporarily suspending its Grootegeluk Medupi Expansion Project funding programme as well as the placement of additional contracts associated with the Grootegeluk Medupi Expansion Project. Exxaro announce that the review of the Medupi CSA has been finalised and that Exxaro and Eskom signed a definitive agreement on 26 March 2010. In terms of the revised agreement, the delivery of first coal is planned for the second quarter of 2012 with a ramp-up to full production by 2015. This ramp-up is now in line with the commissioning and commercial operation date of the first unit of the power station. Exxaro will now resume its funding programme as well as the placement of additional contracts for the Grootegeluk Medupi Expansion Project. Exxaro will supply an average of 14,6 million tonnes per annum of power station grade coal to Eskom's new Medupi base-load power station for a period of 40 years. The agreement is subject to the fulfilment of certain suspensive conditions, including the respective companies` board approvals and Exxaro securing its funding.

31 Mar 2010 07:50:48
(Official Notice)
Shareholders of Exxaro are advised that the audited annual financial statements for the year ended 31 December 2009 posted on 31 March 2010 as part of the annual report are unchanged from the audited results which were published on SENS on 25 February 2010 and in the Press on 26 February 2010. Notice is hereby given that the annual general meeting of Exxaro will be held at Exxaro's Corporate Centre, Roger Dyason Road, Pretoria West, on Friday, 21 May 2010, at 10:30. The notice of annual general meeting forms part of the annual report.
25 Feb 2010 09:09:22
(C)
Revenue increased from R13.8 billion to R15.0 billion in 2009.Net operating profit decreased to R304 million (2008:R2.4 billion). Profit attributable to ordinary shareholders decreased to R1.0 billion (R3.4 billion). Headline earnings on a per share basis decreased to 729cps (1 058cps).



Dividends per share

A final dividend of 100 cps was declared for the period under review.



Prospects

The group expects the global demand for coal to increase with the demand for local power station coal anticipated to remain strong. The domestic demand for steam and metallurgical coal is however expected to be firmer but still to remain subdued in 2010. Coal exports may be affected by the availability of rail and port allocation at RBCT. For the mineral sands commodities, higher production and sales volumes are anticipated at prices which, although still under pressure, are showing signs of recovery. The base metals business is expected to remain under pressure in 2010 as a global zinc oversupply may result in downward pressure on zinc prices in the second half of 2010, while local demand is anticipated to remain stable. Based on current market expectations on iron ore price increases anticipated with effect from 1 April 2010 and coupled with strong demand, the equity accounted contribution from SIOC may have a positive impact on Exxaro's earnings. The introduction of the payment of royalties with effect from 1 March 2010 will have a negative impact on the group's operating results, most notably for the coal business. The group will continue with its focus on capital prioritisation and working capital management together with rigorous cost control.
18 Feb 2010 09:21:57
(Official Notice)
Shareholders are advised that Exxaro will release its audited financial results for the twelve month period ended 31 December 2009 on 25 February 2010. Consolidated net operating profit for the group will be significantly lower than for the corresponding period in 2008 as the recessionary conditions had an adverse impact on coal export prices and the demand for mineral sands products. Export revenue at weaker average exchange rates were offset by currency losses on repatriation of foreign currency proceeds, as well as unrealised foreign currency losses on the revaluation of monetary items in foreign currency based on the relative strength of the local currency at 31 December 2009.



Headline earnings per share for the twelve months ended 31 December 2009 are expected to be between 700 cents and 740 cents representing a decrease of between 34% and 30% when compared to the corresponding period in 2008. Attributable earnings for the twelve months ended 31 December 2009, which are adversely impacted by the impairment, are expected to be between R975 million and R1 billion. This equates to attributable earnings per share of between 283 cents and 301 cents representing a decrease of between 72% and 70% when compared to the corresponding period in 2008.
15 Jan 2010 16:12:42
(Official Notice)
Shareholders of diversified resources group Exxaro Resources Ltd are advised that Ms Simangele Mngomezulu, non-executive director of Exxaro, has resigned with effect from 21 December 2009.
08 Dec 2009 08:36:00
(Official Notice)
Exxaro Coal (Pty) Ltd, a wholly owned subsidiary of diversified South African-based resources group Exxaro, and Eskom Holdings Ltd, signed the Medupi Coal Supply and off-take agreement ("CSA") on 19 September 2008. In terms of the CSA, Exxaro will supply an average of 14.6 million tonnes per annum of power station grade coal to Eskom's new Medupi base-load power station, under construction near Lephalale, Limpopo province, from a brownfields expansion project at Exxaro's Grootegeluk mine ("Grootegeluk Medupi Expansion Project").



Exxaro's capital expenditure for the Grootegeluk Medupi Expansion project is estimated at R9 billion and delivery of first coal was planned to commence in the fourth quarter of 2011 with a ramp-up to full production by 2014. Exxaro has received notice from Eskom that it is seeking to review certain commercial terms contained in the CSA, including the coal price escalation mechanism and the coal delivery ramp-up. Indications are that the date for first coal delivery to the power station, in terms of the CSA, has been confirmed to be during the first half of 2012, aligned to the commercial start-up of the power station. Exxaro is in separate discussion with Eskom with regard to the delivery of early coal from July 2011, to be used by the power station for pre- commissioning tests and the creation of stock-piles. Pending the outcome of the review process, Exxaro will temporarily suspend its funding programme as well as the placement of additional contracts associated with the Grootegeluk Medupi Expansion Project.

Addenda to the CSA have been signed by the parties to extend the fulfilment of various suspensive conditions. Currently all suspensive conditions are to be fulfilled by 26 February 2010.
01 Dec 2009 15:02:28
(Official Notice)
Exxaro and its subsidiaries plan to reconfigure the group's zinc assets with a view to ultimately divest from them in a manner that takes into consideration an optimal timetable allowing for maximum value release for all stakeholders.



Headline earnings will also be impacted by the reversal of previously raised deferred tax assets which cannot be added back in the calculation of headline earnings per share. The group's business strategy remains to focus on achieving operational excellence as a diversified resources business, to streamline management and cost structures, maximise cash flow and ensure availability of sustaining and environmental capital.
06 Nov 2009 08:52:42
(Media Comment)
Business Report noted that Exxaro has officially opened its char plant alongside the Grootgeluk coal mine at Lephalale in Limpopo. The company said that the plant's opening marks the start of Exxaro's entry into the char market. Exxaro's general manager of commodity operations, Mxolisi Mgojo, said the plant will produce 140 000 tons a year and will reach full capacity by December 2009.
15 Oct 2009 09:22:51
(Media Comment)
Exxaro is conductiong a feasibility study to develop a 200 megawatt concentrating solar power plant at Lephalale in Limpopo. The coal producer is looking to generate 5 000 MW of power from both renewable and coal sources over the next eight years. If Exxaro builds the concentrating solar power plant, it would produce twice as much electricity as Eskom's proposed 100 MW concentrating demonstration plant near Upington in the Northern Cape.

14 Sep 2009 10:03:52
(Official Notice)
Exxaro announced that it has withdrawn from the Igoda coal export venture with Sasol Mining. The decision follows a review and prioritisation by Exxaro of its capital expenditure and project pipeline following the global economic downturn.
31 Aug 2009 12:31:03
(Official Notice)
Exxaro announced that it has entered into an agreement with Huntsman Corporation (Huntsman) (NYSE: HUN) in relation to the potential transfer of Tronox Western Australia Pty Ltd's joint venture (JV) interests in Tiwest to Huntsman. Exxaro operates the Tiwest mineral sands operations in Western Australia in a 50:50 JV with Tronox Western Australia. Exxaro has agreed that certain JV contractual restrictions, including an applicable right of first refusal and change of control rights, will be waived in the event that Huntsman is approved by the United States Bankruptcy Court as the buyer of the Tronox Western Australia assets.
20 Aug 2009 09:51:41
(C)
Revenue increased from R5.7 billion to R7.1 billion in 2009. Operating profit increased to R953 million (2008:R806 million). Profit attributable to ordinary shareholders increased to R1.3 billion (R1.2 billion). Headline earnings on a per share basis increased to 406cps (377cps).



Dividends per share

An interim dividend of 100cps was declared for the period under review.



Prospects

Demand for power station coal should remain similar to that experienced in the current reporting period. The group expects similar levels of steam coal exports in the second half of 2009 albeit at lower international prices. However, such performance remains dependant on the availability of logistical infrastructure. A significant decline in domestic steam and coking coal prices are anticipated in the second half of 2009 due to contractual pricing arrangements. Demand for the mineral sands products will continue to be affected by the depressed economic environment combined with the additional downside of a possible strong Australian dollar to the US dollar in the Australian operations. Zinc markets are expected to remain depressed with downward pressure on prices due to the expected oversupply of metal.



The equity-accounted contribution from SIOC will be impacted by the lower benchmark iron ore prices with effect from 1 April 2009. Due to the continued lower economic activity and its impact on demand and prices, it is inevitable that earnings for the second half of 2009 will be adversely impacted. The relative strength of the local currency, and its volatility, will also impact on the results for the second half of 2009. The financial information on which the outlook statement is based has not been reviewed or reported on by the company?s auditors.
13 Aug 2009 17:49:45
(Official Notice)
Shareholders are advised that Exxaro will release its reviewed financial results for the six months ended 30 June 2009 on 20 August 2009.



Exxaro`s consolidated net operating profit is expected to show an improvement when compared to the corresponding period in 2008. The group results were, however, negatively impacted by the global economic meltdown affecting both demand and prices, exacerbated by the timing of the volatility of the South African currency.



Attributable earnings for the six months ended 30 June 2009 include the group's 20% interest in Sishen Iron Ore Company (Pty) Ltd, an effective 22% interest in Chifeng, a 26% interest in Black Mountain Mining (Pty) Ltd and results for Namakwa Sands. Attributable earnings for the corresponding period in 2008 exclude Namakwa Sands and the 26% interest in Black Mountain which were only acquired during the second half of 2008. Attributable earnings for six months ended 30 June 2009 are expected to be between R1 375 million and R1 405 million. This equates to attributable earnings per share of between 399 cents and 407 cents, representing an increase of between 10% to 12% when compared with the corresponding period in 2008. Headline earnings per share for the six months ended 30 June 2009 of between 400 cents and 410 cents, representing an increase of between 6% and 9% when compared with the corresponding period in 2008, are expected.
16 Jul 2009 15:39:11
(Official Notice)
Mr Philip Baum has stepped down from the board effective 15 July 2009 and Mr Chris Griffith has joined the board effective from today.
02 Jul 2009 09:07:46
(Media Comment)
Exxaro, one of the biggest suppliers of coal to Eskom, has signed a joint venture agreement with Sasol Mining that could lead to the development of a mine double the size of Exxaro's Grootgeluk coal mine. Exxaro financial director Wim de Klerk said Project Mafutha, which would supply Sasol Mining's new planned coal-to-liquid project, would be a huge project, producing 20-million to 30-million tons of coal a year. The coal-to-liquid project is intended to produce about 80 000 barrels of fuel a day. The partners said the development should help to meet South Africa's growing shortfall in domestic fuel production, especially in diesel and petrol. South Africa has been importing refined fuels in recent years to supplement local production.
01 Jul 2009 12:06:51
(Official Notice)
Diversified resources company Exxaro has entered into a prospecting joint venture agreement with Sasol Mining (Pty) Ltd (Sasol Mining) for the development of a new coal mine to supply Sasol`s new potential inland coal-to- liquids (CTL) project. Project Mafutha is an investigation into the development of another CTL project in South Africa and is envisaged to be located in the north-western part of the Limpopo province due to the substantial coal reserves in the Waterberg region. Should the project proceed, it will require a new coal mine to produce feedstock for the 80 000 barrels-a-day CTL complex. The development will help meet the growing shortfall in South Africa's domestic fuel production, most notably in the installed capacity for producing diesel and petrol. In recent years, South Africa has been a regular importer of refined fuels to supplement local production. It is expected that such a mine would require an opencast truck-and-shovel extraction method, an area in which Exxaro has beneficial expertise. The development of the new mine is in the pre-feasibility stage with the mining of a bulk sample planned for before the end of 2009. It is expected that some 170 000 tonnes of coal will be mined for large-scale testing at the Sasol Synfuels Secunda plant. Exxaro's participation in the joint venture for the new mine is subject to the applicable regulatory approvals, the company's continued interest in the project and development of the CTL and associated Mafutha coal mine. Exxaro is represented in the mining joint venture by Exxaro Coal Mpumalanga (Pty) Ltd (formerly Eyesizwe Coal (Pty) Ltd), a wholly owned subsidiary of Exxaro Coal (Pty) Ltd.
12 May 2009 10:37:18
(Media Comment)
Business Day noted that Exxaro's zinc unit had a "very positive" first quarter after the price of zinc recovered from a four-and-a-half-year low. CE Sipho Nkosi said that the uptick in prices was very positive.
08 May 2009 12:21:12
(Official Notice)
Shareholders are advised that the ordinary and special resolutions proposed at the annual general meeting of Exxaro shareholders held on Friday, 8 May 2009, were approved by the requisite majorities. The special resolution will be lodged with the Registrar of Companies for registration as required by the Companies Act 61 of 1973, as amended, in due course.
03 Apr 2009 15:40:32
(Official Notice)
Diversified resources group Exxaro today announced the following executive management appointments effective 1 May 2009 :



Trevor Arran has been appointed as executive general manager for the mineral sands and base metals commodity division and Dr Willem van Niekerk has been appointed executive general manager for the corporate services division.



Until now Mr Arran has headed the group's corporate affairs and strategy division which includes responsibility for the investor relations function. He has broad experience in the mining industry, supplemented by financial experience gained in equity markets, investment banking and new business. His qualifications include a BSc (Hons) (Econ Geo), Advanced Management Programme (GIBS/University of Pretoria), Business and Environment Programme (Cambridge) and a diploma in project management. In his new position he will assume responsibility for Exxaro's mineral sands and base metals businesses in South Africa, Namibia and China as well as the group's interests in the Tiwest joint venture in Australia. This division has an asset value of approximately R13 billion and employs some 1 700 people.



Dr van Niekerk is currently manager of growth for the group's minerals and metals interests and prior to this he was general manager responsible for marketing and business development in the group's mineral sands and base metals commodity division. He has served in various other senior management capacities in the same division including a stint as managing director of Exxaro Australia Sands, as well as in the technology and research and development divisions. His qualifications include a BSc (Hons), PhD (Metal Eng)(University of Pretoria), BCom (Unisa), MBA (Henley Management College, London) and completion of The Executive Programme (Darden). In his new position, Dr van Niekerk will be responsible for Exxaro's technology, research and development, information management and supply chain management departments.



Both Mr Arran and Dr van Niekerk will serve on Exxaro's executive committee. Plans to replace the above-mentioned executives are under discussion.
01 Apr 2009 10:25:04
(Media Comment)
Business Day reported that Exxaro has brought forward planned maintenance to one of its furnaces at its Namakwa Sands mine because of "adverse market conditions". The furnace will be closed for 30 months, resulting in lower output of slag and pig iron for 2009.
31 Mar 2009 14:41:33
(Official Notice)
Shareholders of Exxaro are advised that the audited annual financial statements for the year ended 31 December 2008 posted on 31 March 2009 are unchanged from the audited results which were published in the press on 25 February 2009. Notice is hereby given that the annual general meeting of Exxaro will be held at Exxaro's corporate centre, Roger Dyason Road, Pretoria West on Friday, 8 May 2009 at 10:00. The notice of annual general meeting forms part of the annual report.
24 Feb 2009 09:24:29
(C)
Turnover increased by 36% from R10.1 billion to R13.8 billion in 2008.Operating profit to R3.8 billion (2007:R1.9 billion). Profit attributable to ordinary shareholders surged to R3.4 billion (2007:R1.4 billion). In addition, headline earnings on a per share basis grew to reach 1058cps (2007:425cps).



Dividends per share

The directors have declared a final dividend, dividend number 12 of 200 cents per share in respect of the 2008 financial year.



Prospects

The group is expected to continue experiencing strong demand for local power station coal. However, coking coal sales are anticipated to be lower at reduced prices. Steam coal sales volumes should increase but at lower international prices. Increased production volumes at all mineral sands operations and a full 12- months' contribution from Namakwa Sands together with the local and Australian currencies remaining at their present weaker levels, should benefit this business in 2009 if market demand and prices remain at current stable levels. The base metals business is expected to remain under pressure in 2009 as a result of continued depressed market conditions and zinc prices. The equity accounted contribution from SIOC will be impacted by market demand and the level of iron ore price adjustments effective from 1 April 2009. The group will have a strong focus on capital prioritisation and working capital management together with continuous business improvement initiatives and cost control to offset lower demand and price challenges. Overall, the group's consolidated results for 2009, will largely be driven by the extent to which global recessionary conditions impact on demand and prices for its commodities, as well as the trading levels of the local and Australian currencies. The uncertain market outlook remains a key factor to the group's results for 2009.
16 Feb 2009 16:30:56
(Official Notice)
Shareholders are advised that Exxaro will release its audited financial results for the 12-month period ended 31 December 2008 on or about 24 February 2009. Exxaro's coal business is expected to deliver a substantial improvement in net operating profit for the period under review as strong demand resulted in higher sales at improved average prices when compared to the corresponding period in 2007.



Exxaro's attributable earnings which include the group's equity accounted earnings from its 20% shareholding in Sishen iron ore company (Pty) Ltd also incorporates the financial results of its 26% interest in Black Mountain Mining (Pty) Ltd from 1 November 2008. Attributable earnings for the period under review are expected to be substantially higher at between R3 365 and R3 415 million, with attributable earnings per share being between 981c and 997c, despite the group's equity accounted share of the operating loss and an impairment of assets incurred in Black Mountain Mining (Pty) Ltd. Exxaro reported attributable earnings of R1 427 million or 418 cents per share for the corresponding period ended 31 December 2007.



Headline earnings, which exclude the impairment of assets in Black Mountain Mining (Pty) Ltd are expected to be between R3 585 million and R3 635 million, or 1 045c and 1 060c, compared to R1 448 million or 425c reported for the corresponding period ended 31 December 2007.
12 Jan 2009 16:09:19
(Official Notice)
Exxaro Resources Ltd's (Exxaro) joint venture partner in Tiwest, Tronox Incorporated (Tronox), announced on 12 January 2009 that it has filed for Chapter 11 relief under the United States Bankruptcy Code. Chapter 11 allows Tronox to restructure its debts, reorganise business and address its environmental legacies which it incurred when it was spun-off from Kerr McGee Corporation in 2006. In the announcement Tronox stated that its offshore operations will continue without interruption. Tronox Western Australia Pty Ltd, which holds Tronox's 50% interest in Tiwest, and Tronox Pigments Ltd which is responsible for marketing the joint venture partners' share of pigment production, will not form part of the Chapter 11 filing. Exxaro expects that the mining, manufacturing and marketing activities of Tiwest will be unaffected by the filing. The expansion of the Tiwest titanium dioxide plant at Kwinana, Western Australia, which is funded by Exxaro, will also not be impacted by the Tronox filing. The expansion remains on track for wet commissioning in the first half of 2010.
05 Dec 2008 16:23:19
(Official Notice)
Exxaro appointed Wim de Klerk as financial director.His appointment is effective from 1 March 2009. The retirement of Exxaro`s current financial director Dirk van Staden effective from 1 March 2009.
01 Oct 2008 16:31:23
(Official Notice)
Exxaro acquired the Namakwa Sands operations from Anglo American for a cash consideration of R2 015 million and will acquire the 26% interest in Black Mountain Mining from Anglo American for approximately R180 million, which excludes certain price adjustments as detailed in the revised listing particulars of Exxaro dated 9 October 2006. Namakwa Sands' major assets include a mineral sands mine at Brand-se-Baai, a mineral separation plant at Koekenaap and a smelter at Saldanha Bay, all situated on the west coast of the Western Cape. The business produces 125kt of zircon, 185kt of titania slag and 100kt of pig iron per year.
19 Sep 2008 10:04:00
(Official Notice)
State-owned power company Eskom and Exxaro signed the coal supply agreement for Eskom's new base-load power station, Medupi Power Station, situated at Lephalale, Limpopo province. In terms of the agreement, Exxaro's Grootegeluk mine, will over the next 40 years, supply an average of 14.6 million tonnes per annum of power station grade coal to Medupi. The coal to Medupi will be supplied through a brownfields expansion of Grootegeluk mine with mining from the existing opencast pit continuing at an accelerated rate.
16 Sep 2008 12:13:43
(Media Comment)
According to Business Report, Exxaro is sticking with its heavy minerals division. This is despite heavy losses and negative investor and analyst sentiment towards the business. However, division head Wim de Klerk said that following the purchase of Namakwa Sands the unit will have significant positions in both titanium slag and zircon.
05 Sep 2008 09:20:09
(Media Comment)
Exxaro has commissioned its new Inyanda coal mine, Business Day reported. The opencast mine will produce 1.5 million tons of thermal coal for export per annum and will reach full production in October 2008.
14 Aug 2008 08:11:56
(C)
Revenue increased by 19% to R5 782 million while net operating profit decreased by R85 million to R806 million due to lower profits in the base metals business and a significant loss in the mineral sands business. A weaker average exchange rate of R7.54 to the US dollar was realised compared to R7.33 for the corresponding period in 2007. The continued strengthening of the Australian dollar to the US dollar, from an average of 0.81 US cents in the six-month period to 30 June 2007 to 0.93 US cents in the period under review, however, impacted negatively on the financial results of the mineral sands operation in Australia. Attributable earnings, which includes the group?s 20% interest in the after-tax profits of Sishen Iron Ore Company (Pty) Ltd (SIOC) amounting to R735 million, increased by 48% from R839 million to R1 244 million or 363 cents per share. Headline earnings of R1 292 million are 54% higher than for the corresponding period of R839 million while headline earnings per share increased from 246 cents to 377 cents.



Dividend

The directors have declared an interim dividend number 11 of 175 cents per share in respect of the 2008 interim period. The dividend has been declared in South African currency and is payable to shareholders recorded in the records of the company at close of business on Friday 19 September 2008.



Prospects

The group will benefit from higher coal volumes to leverage off the current buoyant coal prices. Improved mineral sands commodity price prospects are expected to be offset by a continued strong Australian dollar and the impact of the rebuild of Furnace 2 at KZN Sands. Operating results from the base metals business are not expected to improve in the second half of 2008 due to the lower zinc prices. Significant increases in labour, fuel and electricity costs will continue to have an adverse effect on the operating results of the businesses under the group?s management. Nevertheless, the group should deliver significantly improved earnings in the second half of 2008 mainly due to the favourable coal and iron ore market conditions. A strengthening Rand will negatively impact on US dollar denominated income.
24 Jul 2008 16:58:59
(Official Notice)
Shareholders are advised that Exxaro will release its reviewed financial results for the six month period ended 30 June 2008 on or about 14 August 2008. Exxaro's coal business is expected to deliver a substantial improvement in net operating profit for the period under review, compared to the six months ended 30 June 2007. The group's net operating profit, however, is expected to be approximately 10% lower than for the corresponding period in 2007 primarily due to a loss in the mineral sands business. Mineral sands prices generally remained depressed while lower volumes and a persistent strong Australian dollar have negatively affected the Australian operation. Production volumes were also lower at the KZN Sands operation in South Africa following the previously reported water ingress incident at its Furnace 2 in February 2008. The base metals business is expected to report a lower net operating profit in line with declining zinc prices. Attributable earnings and headline earnings for the period, which include the group's 20% shareholding in Sishen Iron Ore Company (Pty) Ltd (SIOC) are expected to be between R1 150 million and R1 350 million with attributable (AEPS) and headline earnings per share (HEPS) both being between 330c and 385c. For the comparable period ended 30 June 2007, the group reported attributable earnings and headline earnings of R839 million and R839 million respectively, with both AEPS and HEPS at 246c. The Namakwa Sands business and a 26% interest in Black Mountain/Gamsberg, which Exxaro will acquire on conversion and subsequent approval of cession of the respective mining rights, are not included in the results for the six month period ended 30 June 2008. The financial information on which this trading statement is based has not been reviewed or reported on by Exxaro`s auditors. This statement is issued in compliance with the Listings Requirements of JSE Ltd.
02 Jul 2008 16:05:41
(Official Notice)
Exxaro has effected changes to its executive management structure to support its strategic focus areas. The move follows a review of the company's organisational model including business processes, structure and governance to ensure alignment of resources, focus and goals. Changes include the formation of a business growth division, consolidation of the mineral sands and base metals divisions and realignment of the sustainable development and strategy functions. Executive management appointments effective 1 July 2008 are as follows:

*Mxolisi Mgojo, executive general manager, commodity operations: coal. (Previously Mgojo headed the base metals division).

*Wim de Klerk, executive general manager, commodity operations: sands and base metals. (Previously De Klerk headed the mineral sands division).

*Ernst Venter, executive general manager, business growth. (Previously Venter headed the coal division).

*Dr Nombasa Tsengwa, executive general manager, safety and sustainable development. (Previously Tsengwa headed the safety, health and environment division).

*Trevor Arran, executive general manager, corporate affairs and strategy. (Previously Arran headed the corporate affairs and investor relations division. He retains responsibility for investor relations).
09 Jun 2008 13:15:18
(Official Notice)
Exxaro, the Rosh Pinah Zinc Corporation (Pty) Ltd (Rosh Pinah) and the Namibian empowerment company PE Minerals announced that Exxaro has divested a 43.8% interest in Rosh Pinah to Namibian shareholder groupings. This effectively reduces Exxaro`s shareholding in Rosh Pinah to 50.04%, with 49.96% held by Namibian shareholders.
05 May 2008 15:42:57
(Official Notice)
Pinkie Ncetezo, non-executive director, has resigned with effect from 30 April 2008.
25 Apr 2008 14:31:12
(Official Notice)
Shareholders are advised that all the resolutions proposed at the annual general meeting of Exxaro shareholders held on 25 April 2008, including the special resolution authorising the directors of Exxaro to repurchase shares, were passed with the requisite majorities. The special resolution will be lodged with the Companies and Intellectual Property Registration Office for registration.
08 Apr 2008 08:53:02
(Media Comment)
According to Business Report, Exxaro expected to double its operational and expansion capital to about R2.5 billion for 2008, however most of it would go toward expanding the group's Grootgeluk Mine. Investment in the Waterberg coal fields will dominate Exxaro's capital expenditure programmes over the next two years.
01 Apr 2008 15:50:12
(Official Notice)
Shareholders are advised that the audited annual financial statements for the year ended 31 December 2007 posted on 31 March 2008 are unchanged from the reviewed results which were published in the press on 21 February 2008. Notice was also given that the annual general meeting of Exxaro will be held at Exxaro's Corporate Centre, Roger Dyason Road, Pretoria West on Friday, 25 April 2008 at 10:00. The notice of annual general meeting is issued with the annual report.
27 Mar 2008 15:01:20
(Official Notice)
Exxaro and United States-based Tronox Incorporated have announced that the boards of directors of both companies have given approval for the expansion of their Tiwest joint venture titanium dioxide (TiO2) pigment plant in Kwinana, Western Australia. With expectations for continued strong demand growth in the Asia-Pacific region, the expansion will allow Tiwest to capture future opportunities in this rapidly growing market. The project, which will increase the plant's current annual capacity from 110ktpa to around 150ktpa, is expected to cost about AUS100 million. Tiwest plans to begin construction during 2008, subject to appropriate regulatory approvals. The additional capacity is expected to come on line in early 2010.



The joint venture partners have signed an agreement under which Exxaro will provide ongoing funding for the expansion. Tronox has the option to contribute its share of the capital at its discretion throughout the project and until a date two years from commissioning, which will be taken into account when calculating its final interest in the expanded production. The Kwinana plant, with a current annual capacity of 110kt, produces chloride process titanium dioxide (TiO2) pigment using Tronox's proprietary technology and marketed under the TRONOX brand.
07 Mar 2008 15:25:36
(Official Notice)
Diversified resources group Exxaro Resources Ltd (Exxaro) regrets to report that a water ingress incident has resulted in substantial damage to Furnace 2 at the KZN Sands Empangeni central processing complex. No one was injured during the incident. The incident and extent of the resultant damage is the subject of a detailed investigation at present. The incident has resulted in Furnace 2 being shut down. As communicated on 21 February 2008, Furnace 2 was due for a scheduled maintenance shut beginning in June 2008. The incident will require this planned four month shut to be brought forward. Preliminary estimates suggest that the repairs to the furnace will increase the total downtime by a further four months, including a one month ramp-up period. Although Furnace 1 is fully operational, the outage at Furnace 2 is expected to result in significant lower production of both slag and low manganese pig iron in 2008 when compared to the 2007 financial year.
21 Feb 2008 07:39:20
(C)
The group experienced strong demand at higher commodity prices despite the significant decrease in LME zinc prices in the last quarter of 2007. This, together with a stronger rand of R6.80 to the US dollar on 31 December 2007, resulted in revaluations of stock to net realisable value in the base metals and mineral sands businesses decreasing by R133 million compared to the end of 2006. Revenue increased by 15% to R10 157 million and net operating profit was R183 million higher at R1 444 million. Attributable earnings for the period are R1 427 million (418 cents per share) representing a 48% increase on the comparable 2006 attributable earnings of R962 million (307 cents per share). This includes Exxaro`s 20% interest in the after-tax profits of SIOC amounting to R746 million, some R148 million higher than for the comparable period. Headline earnings increased from R893 million to R1 448 million with headline earnings per share 49% higher at 425 cents compared with 285 cents for the comparable corresponding period.



Dividends

The directors have declared a final dividend, dividend number 10 of 100 cents per share in respect of the 2007 financial year.



Prospects

The acute shortage of skills in critical operational and project development positions poses a significant challenge to the group. Retention strategies and other programmes have been initiated to mitigate this risk. Strong local and export demand for coal products at increased prices linked to higher sales volumes from the current project developments coming on stream, is expected to increase the profit contribution from the group?s commercial coal operations. The results of the mineral sands business are likely to be adversely affected by the planned reline shut of Furnace 2 at Empangeni, a continued strong Australian dollar and the mining of lower grade mineral sands deposits. The current softer trend in zinc metal prices is expected to persist. Continued buoyant iron ore market conditions should benefit the group in respect of its equity interest in SIOC. A weaker rand will positively impact on US dollar denominated revenue.
07 Feb 2008 18:38:12
(Official Notice)
Shareholders are advised that Exxaro will release its audited financial results for the 12 months ended 31 December 2007 on or about 21 February 2008. Attributable earnings and headline earnings for the period are expected to be between R1 365 million and R1 500 million. Attributable earnings per share and headline earnings per share are expected to be between 400c and 440c. The Namakwa Sands business and a 26% interest in Black Mountain/Gamsberg which Exxaro will acquire on conversion and subsequent approval of cession of the respective mining rights are not included in the results for the 12-month period ended 31 December 2007. The annual report issued by Exxaro for the 12-month period ended 31 December 2006 includes unaudited supplementary financial information. This shows comparable attributable earnings and headline earnings of R962 million and R893 million respectively, while EPS of 307c and HEPS of 285c are reflected on a comparable basis for the 12 months ended 31 December 2006. The financial information on which this trading statement is based has not been reviewed or reported on by Exxaro's auditors.
03 Aug 2006 14:09:45
(Media Comment)
Business Day noted that Kumba would restructure and list two entities, one focusing on iron ore and the other on coal and base metals, in the fourth quarter of 2006.
02 Aug 2006 10:02:00
(Media Comment)
Commenting on strike action entering its fourth day, Trevor Arran, Kumba's spokesperson, told Business Report that a one week strike would deplete the group's iron ore, coal and coking coal stockpiles.
02 Aug 2006 09:13:48
(C)
01 Aug 2006 10:13:59
(Media Comment)
Commenting on the second day of strike action over wage disputes, Kumba told Business Report that the strike did not disrupt the delivery of iron ore. Approximately 6 000 employees were taking part in the strike
27 Jul 2006 16:43:48
(Official Notice)
Kumba announced its acknowledgement of the decision taken by the National Union of Mineworkers (NUM), Solidarity and the Building Allied Mining and Construction Workers Union (BAMCWU) to embark on strike action from 30 July 2006, following deadlocked wage negotiations. Kumba subsidiaries affected are the Sishen Iron Ore Company (Pty) Ltd (Sishen Mine, Thabazimbi Mine); Kumba Coal (Pty) Ltd (Grootegeluk Mine, Tshikondeni Mine, Leeuwpan Mine); and Glen Douglas Dolomite (Pty) Ltd (Glen Douglas Quarry). Kumba is continuing negotiations with the unions with the aim of reaching a mutually acceptable agreement. The Commission for Conciliation, Mediation and Arbitration issued a certificate on 19 July 2006 in terms of section 64 of the Labour Relations Act which makes provision for the unions to embark on strike action, subject to a 48-hour notice period to the company.
26 Jul 2006 15:48:03
(Official Notice)
Further to the cautionary announcement published on 15 June 2006 relating to a proposed empowerment transaction ("the transaction"), Kumba shareholders are advised that most of the legal agreements and funding arrangements required to implement the transaction have been finalised and the company has commenced with the process of obtaining regulatory approval of the requisite transaction documentation.



The circular setting out the final terms of the transaction and convening a general meeting of shareholders to consider the transaction will be dispatched to shareholders once all the documentation has been finalised and regulatory approvals have been obtained. It is envisaged that the transaction will be implemented in the fourth quarter of 2006.



Accordingly, Kumba shareholders are advised to continue exercising caution when dealing in their Kumba shares until such time as a further announcement is
24 Jul 2006 10:50:42
(Media Comment)
According to Business Day, the Competition Commission ruled in favour of Kumba's proposed restructuring, but imposed restrictions on major shareholder Anglo American, preventing it from exerting any influence on the board of the new companies that will result from the complex deal. The regulatory body found that the cross-directorship between Anglo, Eyesizwe Coal and BHP Billiton would likely lead to coordinated market conduct, that could be addressed by imposing certain conditions on Anglo. Kumba indicated that it would likely protest against Anglo's exclusion.
21 Jul 2006 14:52:06
(Official Notice)
Kumba has benefited from higher commodity prices, most notably the 19% increase for iron ore effective 1 April 2006 and record zinc prices. The combined impact of a stronger currency outlook over the life of the assets, a higher discount rate and projected surplus of high grade titanium feedstock on world markets, has necessitated a review of the carrying value of the mineral sands operations of Kumba located at Empangeni, KwaZulu-Natal. As a result, a pre-tax reduction of R784 million in the carrying value of the assets will be accounted for as at 30 June 2006, negatively affecting attributable earnings for the interim period ended 30 June 2006.



Taking the above factors into account, Kumba's attributable earnings per share for the six-month period ended 30 June 2006 are expected to exceed the comparative unaudited attributable earnings per share for the six months ended 30 June 2005 by between 5% and 25%. Headline earnings per share which exclude the effect of the impairment, however, are expected to be higher by between 50% and 70% on the comparative period in 2005.



The results for the six months ended 30 June 2006 are expected to be published on or about 2 August 2006.
15 Jun 2006 10:07:55
(Official Notice)
Further to the cautionary announcement published on 5 May 2006 relating to a proposed empowerment transaction, Kumba shareholders are advised that good progress has been made in finalising the agreements and funding arrangements required to implement the transaction. The final date of dispatch of a circular to shareholders setting out the final terms of the transaction and convening a general meeting of shareholders to consider the transaction will be determined once the legal agreements have been finalised. Accordingly, Kumba shareholders are advised to continue exercising caution when dealing in their Kumba shares until such time as a further announcement is published.
09 Jun 2006 09:17:23
(Media Comment)
Employees of Kumba may go on strike after the group offered a 5% wage increase. Solidarity trade union told Business Day that workers were demanding a 12% rise.
05 Jun 2006 16:21:39
(Official Notice)
Kumba has reported that an accident at its Glen Douglas Mine in Gauteng Province has claimed the life of three of its employees and injured one employee.



The deceased, whose names are being withheld until their next of kin have been informed, were travelling in a company-owned minibus during change of shift, at 06h30 on Saturday, 3 June 2006 in the mine area. A dump truck whose brakes had apparently failed, while descending a ramp, collided with the minibus. Of the four occupants in the minibus, three were killed on impact and one sustained minor injuries.



According to Ernst Venter, Kumba's acting Executive Director: Operations, a thorough investigation will be launched into the accident in conjunction with the Department of Minerals and Energy.
05 May 2006 08:34:52
(Official Notice)
Shareholders are advised that good progress has been made in finalising the agreements required to implement the empowerment transaction. The final date of dispatch of a circular to shareholders has been finalised. Shareholders are advised to continue exercising caution when dealing in their shares.
12 Apr 2006 16:52:14
(Official Notice)
Kumba has announced that all the ordinary and special resolutions set out in the notice of the annual general meeting dated 17 March 2006 were passed by the requisite majorities at the annual general meeting held today.
24 Mar 2006 13:05:23
(Official Notice)
Further to the cautionary announcement published on 13 February 2006 relating to a proposed empowerment transaction, Kumba shareholders are advised that good progress has been made in finalising the agreements required to implement the transaction. Following the receipt of offers to underwrite the debt facilities required to implement the transaction, Kumba has appointed Rand Merchant Bank and Nedbank to arrange these facilities. It is envisaged that a circular setting out the final terms of the transaction and convening a general meeting of shareholders will be distributed to shareholders in the second quarter of 2006. Accordingly, Kumba shareholders are advised to continue exercising caution when dealing in their Kumba shares until such a time as a further announcement is published.
23 Mar 2006 08:36:13
(Media Comment)
Business Report noted that Kumba would split into two divisions, one being iron ore and the other being coal and heavy metals. The divisions are due to list on the JSE by June 06.
15 Mar 2006 15:12:26
(Official Notice)
Kumba today signed an exclusive co-operation agreement with Samancor Ltd (trading as Samancor Manganese) to exploit Kumba's AlloyStream technology for the production of manganese bulk alloys. According to the agreement the parties undertake to co-operate globally on projects that make use of AlloyStream technology to produce manganese alloys.



The unique AlloyStream metallurgical technology, developed and patented by Kumba, allows manganese alloy to be produced directly from fine manganese ore and non-coking coal. It is expected to make a notable contribution towards the improved utilisation of South Africa's mineral wealth by allowing the beneficiation of ores that previously had limited use in traditional smelting technologies. In addition, the AlloyStream technology is expected to significantly reduce the costs associated with producing manganese alloy, through the use of cheaper reductant and less electric power than conventional technology.



The agreement signals Kumba's entry into the ferroalloy industry and is a milestone in demonstrating the parties' continued commitment to invest in, and add value to, the South African economy through mineral beneficiation, export earnings and job creation. The parties will undertake a joint feasibility study for a 200ktpa South African-based high carbon ferromanganese (HCFeMn) project, the first to make use of this technology. This follows the successful demonstration of the technology at Kumba's purpose-built pilot plant during 2005. The first phase of this project is expected to come on stream during 2009. AlloyStream will form part of the establishment of Newco, following the implementation of Kumba's empowerment transaction.
23 Feb 2006 14:11:23
(Official Notice)
Kumba has announced that the company's current chief executive officer, Dr Con Fauconnier, will remain as the chief executive officer of the yet-to-be-named Newco, which will be a revised listing of Kumba on the JSE by mid-2006 as part of Kumba's empowerment transaction announced in October 2005.



The empowerment transaction will involve the unbundling of Kumba into two separately listed entities, namely Newco and Kumba Iron Ore Ltd. Con will remain as the chief executive officer for a period of 12 months, from the date of Newco's listing. He will be succeeded as chief executive officer by Sipho Nkosi, current chief executive officer (CEO) of Eyesizwe Coal. During the 12 month period, Sipho will be chief executive officer (designate). The Kumba board's decision regarding the chief executive officer and chief executive officer (designate) appointments is based on providing Sipho with an effective handover period; Con's desire to retire at the end of the period; and continuity and a transitional period for the new executive team.



As part of the transition process, Charles Meintjes, Kumba's current executive director, corporate services, has decided to pursue his own interests. However, Charles will continue to oversee the implementation of the empowerment transaction as well as the transition and integration processes until year end.



Other top management team positions include Dirk van Staden as chief financial officer (CFO); Mike Kilbride as chief operating officer (COO); Dr Humphrey Mathe as executive general manager, corporate services; Trevor Arran as executive general manager, corporate affairs and investor relations; and Marie Viljoen as group company secretary. The position of executive general manager, human resources, will be filled in due course.
17 Feb 2006 09:13:19
(C)
Kumbas previous audited financial results were for the 18-month period from 1 July 2003 to 31 December 2004 due to a change in year-end from 30 June to 31 December. The 12-month period to December 2005 was marked by strong commodity prices and the realisation of benefits from the ongoing business improvement programme. Revenue was R11.96 billion (R12.6 billion) and net operating profit, R4.9 billion (R1.9 billion). Net profit for the period grew to R3.3 billion (R1 billion) with headline earnings rising to 781cps (322cps). An average exchange rate of R6.36 to the US dollar was realised compared with R6.51 for the previous 12-month period.



Dividend

The directors declared a final dividend, number 7, of 160cps in South African currency.



Prospects

Buoyant market demand for the groups portfolio of commodities, except titanium dioxide feedstock where surplus supply exists, is expected to support strong price levels. This, together with the ongoing benefits of Kumbas business improvement programme, is expected to have a positive impact on the groups results for the next six months. The stronger rand will, however, affect earnings.
13 Feb 2006 08:24:54
(Official Notice)
Further to the cautionary announcement published on 5 January 2006 relating to a proposed empowerment transaction, Kumba shareholders are advised that the parties have completed the due diligence investigations and are in the process of finalising the valuations and the requisite legal agreements. It is envisaged that the transaction will be implemented in the second quarter of 2006. Shareholders should exercise caution when dealing in their Kumba shares until such a time as a further announcement is published.
02 Feb 2006 14:30:33
(Official Notice)
Kumba has concluded agreements with five Chinese companies to expand the zinc metal production capacity of the Chifeng Zinc Smelter in Inner Mongolia, China, from 50 000tpa to a targeted 110 000tpa over a three-year period. In terms of the agreements, the smelter will be managed by a new company, Chifeng NFC Kumba Hongye Zinc Corporation Ltd, an equity joint venture comprising China Nonferrous Metal Industry's Foreign Engineering and Construction Corporation Ltd, Kumba, the existing partners in the Chifeng smelter, namely Chifeng Hongye Zinc Smelting Ltd and Chifeng Baiyinnuoer Lead Zinc Mine Ltd, and new partners Chifeng City Power Engineering General and Xinbaerhuyouqi Xinxin Mine Ltd. Kumba will hold an effective interest of 23% in the total complex at full production. The agreements are subject to approval from the relevant Chinese authorities and once this is obtained, construction will begin with completion expected by end 2006.



About the Chifeng Zinc Smelter

The Chifeng Zinc Smelter is located at two sites in the Chifeng Municipality in the Inner Mongolia Autonomous Region. The main roasting and acid plant is situated in Lindong, while the wet processing facility is situated in Chifeng City, located some 700km and 350km respectively north-east of Beijing. An agreement was signed on 29 August 2002 to expand the then 24 000tpa operation to a 50 000tpa zinc slab producer in which expansion Kumba held a 60% stake. In 2005 the smelter produced more than 48 000 tons of zinc, well on its way to achieve the targeted 50 000 tons per annum.
31 Jan 2006 14:45:50
(Official Notice)
Kumba Coal (Pty) Ltd, a wholly-owned subsidiary of Kumba Resources Ltd (Kumba), concluded an agreement with Magaleng (Pty) Ltd to commence a pre-feasibility study for the development of the Mmamabula Central Coal Resource in Botswana. Preliminary analysis of the coal resource indicated that there could be scope for 2 to 2.5Mtpa of thermal (power station) coal, with the possible added benefit of some 0.5Mtpa higher value metallurgical coal being produced from an open-cast mine with an envisaged life of more than 20 years. The quality and extent of the Mmamabula Central Coal Resource requires verification and preparations for detailed exploration activities had already commenced. Based on the results of a comprehensive drilling programme in the next few months, a decision could be taken by mid 2006 to continue with a full feasibility study.
26 Jan 2006 14:07:14
(Official Notice)
Shareholders are reminded that as a result of Kumba's change in year-end from 30 June to 31 December in 2004, the financial results for the year ended 31 December 2005 are not comparable to the audited financial results for the 18 months ended 31 December 2004. The financial results for the new financial year ended 31 December 2005 are therefore being compared with the unaudited results for the corresponding period ended 31 December 2004, as disclosed in Kumba's 2004 Annual Report.



Kumba's attributable- and headline earnings per share for the full year ended 31 December 2005 are expected to exceed the comparative unaudited attributable- and headline earnings per share for the year ended 31 December 2004 by between 355% and 375%, and 190% and 210%, respectively. The large variance between the attributable- and headline earnings ranges is primarily due to the post tax impact of the proceeds received on 1 July 2005 for the Hope Downs Project which is excluded from headline earnings.



The results for the full year ended 31 December 2005 are expected to be published on or about 17 February 2006.
04 Jan 2006 14:27:25
(Official Notice)
Further to the cautionary announcement published on 25 November 2005 relating to a proposed empowerment transaction, Kumba shareholders are advised that the parties are still in the process of undertaking due diligence reviews and negotiating the requisite legal agreements. A further announcement will be published once the legal agreements have been signed and the financial effects of the transaction finalised. Accordingly, Kumba shareholders are advised to exercise caution when dealing in their Kumba shares until such a time as a further announcement is published.



25 Nov 2005 17:58:26
(Official Notice)
Further to the cautionary announcement published on 13 October 2005 relating to a proposed empowerment transaction, Kumba shareholders are advised that the parties are in the process of undertaking due diligence reviews and preparing the requisite legal agreements. A further announcement will be published once the legal agreements have been signed and the financial effects finalised. Accordingly, Kumba shareholders are advised to exercise caution when dealing in their Kumba shares until such a time as a further announcement is published.

23 Nov 2005 11:19:31
(Media Comment)
Business Report noted on 23 November 05 that Kumba would invest R40 million in exploring zinc possibilities in Namibia.
02 Nov 2005 17:04:11
(Official Notice)
Kumba Resources Ltd and Eyesizwe Coal welcomed the announcement by the Richards Bay Coal Terminal (RBCT) regarding the go-ahead of the RBCT expansion which paves the way for the construction of their 50:50 joint venture, Inyanda coal mine.



The Inyanda coal mine, previously approved by both the Kumba and Eyesizwe boards and subject to the RBCT expansion, is situated near Witbank and will produce 1Mtpa of thermal coal for the export market, via RBCT. Construction of the mine will commence during June 2006, with capital expenditure set at R184 million and an estimated commissioning date of December 2007. The RBCT expansion is expected to be completed in July 2008 and will provide 6Mtpa of export capacity to members of the South Dunes Coal Terminal (SDCT), namely Kumba (2Mtpa), Eskom Enterprises (3Mtpa) and Anker Coal (1Mtpa). Emerging BEE companies will be allocated 4Mtpa with a further 10Mpta expansion available for subscription.





02 Nov 2005 10:16:04
(Official Notice)
The Federal Court of Australia, 1 November 2005, approved the scheme of arrangement under which Kumba Investments (Australia) Pty Ltd, a wholly owned subsidiary of Kumba, will acquire all of the shares in Ticor Ltd that it does not already own for AUS1.875 cash per share. KIA presently holds 51.22% of the issued share capital of Ticor. Kumba understands that Ticor shares will be suspended from trading on the Australian Stock Exchange from the close of business on 4 November 2005, and that payment of the scheme consideration to Ticor shareholders will be made on 22 November 2005, the date that Ticor will be de-listed from the ASX. Commenting on the outcome of the court hearing, Kumba Resources Chief Executive, Dr Con Fauconnier said that Kumba is delighted that it has now received the final approval required for its acquisition of the Ticor minorities. The initial objectives were to simplify the Kumba group structure and create a significantly larger heavy minerals business with greater geographic and commodity diversification.



26 Oct 2005 13:55:08
(Media Comment)
According to Business Report, Kumba Resources had joined Magaleng, a Gaborone-based company, in a project to mine coal in Botswana. It is estimated that the initiative would require at least R118 million as initial capital.

26 Oct 2005 12:22:27
(Official Notice)
Kumba notes the announcement made by Ticor to the Australian Stock Exchange ("ASX") advising that approval has been obtained from the minority shareholders at a general meeting held in Perth, Australia today, 26 October 2005 with regard to Kumba's proposal to acquire all outstanding shares in Ticor not currently held by Kumba at a price of AUD1.875 per share. Shareholders are reminded that the final court hearing to approve the proposed scheme is scheduled for 1 November 2005.
13 Oct 2005 08:12:33
(Official Notice)
A binding transaction framework agreement has been entered into by Anglo and Kumba and the ultimate shareholders of BEE Holdco, comprising Eyesizwe Mining (the vehicle housing the Historically Disadvantaged South Africans) and other minority shareholders in Eyesizwe Coal (being primarily Anglo American, BHPBilliton and the Eyesizwe Coal Employees Share Trust, the Eyabantu and Tiso consortia, the BEE Women's Groups and the IDC, regarding a series of transactions which, if implemented, will result in the transfer of a controlling stake in Newco to a black-owned and controlled vehicle through a fully funded and sustainable BEE transaction. Whilst the Mining Charter prescribes BEE ownership targets of 15% by 2009 and 26% by 2014, the Transaction will significantly exceed the requirements of the Mining Charter, through:

* the establishment of Newco as a premier 58% black-owned, controlled and managed diversified mining company in South Africa, listed on the JSE; and

* the empowerment of Kumba Resources" separately listed iron ore assets through 26% black ownership of SIOC on day-one.

The companies believe that the separate listing of Kumba Resources" iron ore assets will unlock value for all Kumba Resources shareholders through the creation of a pure iron ore play via Kumba Iron Ore and South Africa's flagship empowerment company via Newco.



A further announcement will be made on SENS and in the press as soon as the requisite legal agreements have been signed and the financial effects finalised. Accordingly, Kumba shareholders are advised to exercise caution when trading in their securities until such time as a further announcement is made.
26 Sep 2005 15:12:13
(Media Comment)
Kumba may reorganise its asset base in order to buy Namakwa Sands, a titanium business owned by Anglo, as part of a black economic empowerment deal. According to the Financial Mail, another option would be to split Kumba into two companies, one being a dedicated iron-ore producer controlled by Kumba and the other a coal and base metals company , which would be controlled by black investors, including Eyesizwe Coal. Business Day noted however that these are but two of many permutations that Kumba will be looking at in an effort to boost black investor participation.

23 Sep 2005 08:25:12
(Official Notice)
Shareholders are referred to the SENS announcement dated 8 August 2005 in which Kumba advised that Kumba and the independent directors of Ticor Ltd had signed an agreement to implement a proposal whereby a wholly-owned subsidiary of Kumba will acquire by way of a scheme of arrangement pursuant to the Australian Corporations Act 2001 all of the issued shares in Ticor that it does not already own for a cash consideration of AUD1.875 per Ticor share. Kumba understands that a notice of shareholder meeting and explanatory statement regarding the proposed scheme will be dispatched to Ticor`s minority shareholders on or about 26 September 2005 for consideration at a meeting to be held on 26 October 2005. If approved, the Proposed Scheme will be lodged with the Federal Court of Australia for final approval.



Shareholders are advised that Kumba, in close co-operation with its controlling shareholder, Anglo American , has entered into discussions for the purpose of satisfying the ownership requirements of the Mineral and Petroleum Resources Development Act and associated Mining Charter. A component of the potential black economic empowerment transaction, which may entail a far wider restructuring of Kumba, is a proposal that Kumba be granted an option to acquire Anglo American`s Namakwa Sands mineral sands operation at fair market value. The empowerment transaction and the terms and conditions of the option are yet to be finalised and will be subject to regulatory approvals. However, the option will be conditional upon, inter alia, the empowerment transaction being successfully completed.



Should the transactions be successfully implemented it may have a material effect on Kumba`s share price. Accordingly, Kumba shareholders are advised to exercise caution when dealing in their Kumba shares until such time as a further announcement is made in this regard.

22 Sep 2005 15:24:03
(Media Comment)
Business Day`s 22 September 05 edition reported that Global Credit Ratings has reaffirmed Kumba`s long-term domestic currency rating of A and its short-term rating of A1.

12 Sep 2005 14:41:16
(Media Comment)
Kumba has renewed its partnership with Adastra Minerals, a Canadian company. The initial partnership planned to mine Zinc and copper at the Kipushi mine. The mine has estimated resources of 16.9 million tons worth of zinc (average grade of 16.7%) and copper (average grade of 2.2%). Business Day noted that Kumba could end up with as much as 50% of the shareholding. Production was initially stopped due to a lack of foreign exchange and operating supplies.
08 Aug 2005 09:06:36
(Official Notice)
03 Aug 2005 09:20:55
(C)
The results for the six-month period to 30 June 2005 reflect a continuation of the excellent operational performance of the group. Revenue and net operating profit increased by 22% and 149% to R5 286m and R1 511m respectively. This was due to increased commodity prices across all business segments, strong market demand and the ongoing realisation of the benefits of the business improvement programme in respect of the revenue enhancement and cost savings initiatives, which more than offset a stronger currency. An average exchange rate of R6.20 to the US dollar was realised compared with R6.38 for the same six-month period in 2004. The more than doubling in net operating profit resulted in an increase in attributable earnings by R711m to R954m and headline earnings by R646m to R963m, after accounting for a 146% increase in the group`s tax charge due to the higher taxable income for the period. Attributable earnings per share are 284% higher at 315c while headline earnings per share are 200% higher at 318c.



The settlement of AUD231.4m before tax that was received on 1 July 2005 for Kumba`s interest in the Hope Downs Project will be accounted for in the full 2005 financial year`s results. The option payment of AUD5.1m pre-tax received on 4 April 2005 is, however, included in the financial results for the period under review.



Outlook

Higher commodity prices, particularly the substantial iron ore price increase, and strong market demand together with the ongoing benefits of Kumba`s business improvement programme, are expected to result in a further improvement in earnings for the next six months.



Dividend

The directors have declared an interim dividend, number 6, of 160c per share in respect of the past six-month period. Following the Hope Downs settlement amount received, a special dividend of 220c per share, has also been declared. Both the dividends have been declared in South African currency and are payable to shareholders recorded in the books of the company at close of business on 9 September 2005.
14 Jul 2005 13:34:40
(Official Notice)
Kumba has benefited from higher commodity prices and strong demand together with the contribution from the comprehensive business improvement programme launched in 2004. An average increase of 71.5% in seaborne iron ore prices came into effect on 1 April 2005 and will apply until 31 March 2006. This more than offset the stronger average exchange rate of R6.20/USD for the six month period to 30 June 2005 compared with R6.38/USD for the comparative period last year. As a result, Kumba`s earnings and headline earnings per share for the six months ended 30 June 2005 are expected to exceed the comparative earnings per share for the six month period ended 30 June 2004 by between 275% and 295% and between 185% and 205% respectively. The expected earnings for the six months ended 30 June 2005 do not include the payment of AUD231.4m received for Kumba`s interest in the Hope Downs project on 1 July 2005, which will be accounted for in the full 2005 financial year`s earnings.



The financial information in this trading statement has not been reviewed or reported on by Kumba`s auditors. The results for the six months ended 30 June 2005 are expected to be published on or about 3 August 2005.

12 Jul 2005 11:10:46
(Media Comment)
Business Report mentioned in an article on 12 July 05 that Kumba and Ticor were in talks regarding a buy-out offer. Kumba, a majority shareholder in Ticor, has indicated that it would offer AUD1.70 to the remaining 48.5% of Ticor shareholders.
08 Jul 2005 11:14:13
(Media Comment)
Financial Mail made mention of rumours in its 8 July 2005 edition that Kumba may divide its iron ore and base metal/coal groups into two separate listed entities.
04 Jul 2005 11:33:13
(Media Comment)
Kumba intends using the AUD231.4m it received for the Hope Downs iron-ore project for expansion in SA and Senegal, the group told Business Day on 01 July 2005.
01 Jul 2005 10:31:20
(Official Notice)
Shareholders are referred to the announcements dated 5 April 2005 and 15 June 2005. In the latter announcement it was stated that the Hancock Group in Australia (`Hancock`) had given notice to Downs Holdings BV (`Downs`) of its intention to exercise an option to purchase the entire interest of Downs in the Project. Shareholders are now advised that Hancock has exercised the option and has paid Downs the option exercise price of AUD231.4m in full. With immediate effect, Downs has relinquished all its interests in the Project.
22 Jun 2005 11:14:28
(Media Comment)
Contrary to Con Fauconnier`s statement that Kumba expects strong demand for iron ore, David Hall, analyst at Merrill Lynch, forecasted a 20% decline in iron ore prices from 1 April 2006.
15 Jun 2005 17:57:29
(Official Notice)
Shareholders are referred to the announcement dated 5 April 2005 informing shareholders that the Hancock Group in Australia has acquired an option to purchase the entire interest of Downs Holdings BV in the Project. Shareholders are now advised that Hancock has given notice to Downs of its intention to exercise the option on 1 July 2005. In order to exercise of the option Hancock must pay to Downs an amount of AUD231 428 206. Should the option amount not be paid on 1 July 2005, the option will lapse.

03 Jun 2005 16:26:05
(Official Notice)
Richard Wadley will be leaving the organisation at the end of June 2005. He will also resign from the board of the company.
15-May-2018
(X)
Exxaro, a public company incorporated in South Africa and listed on the JSE, is a large South African-based diversified resources group, with interests in the coal, TiO2 and Alkali chemicals, ferrous and energy markets.


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