Business In The News South Africa

Exxaro appoints Geraldine Fraser-Moleketi to its board

JOHANNESBURG, May 23 – South African coal and heavy minerals mining company Exxaro Resources on Wednesday announced former minister for public service and administration Geraldine Fraser-Moleketi as an independent director in its board. This follows the retirement of three independent directors from the board in March. Fraser-Moleketi serves as a non executive director on the board […]

Business In The News South Africa

Exxaro sells portion of Tronox stake in U.S. for R6.5billion

JOHANNESBURG, October 11 – Diversified miner Exxaro Resources said on Wednesday that it has completed the sale of at least 20 percent stake in Tronox Limited for approximately US$474 million, or about R6.5 billion. Tronox Limited is a NYSE-listed company engaged in the mining, production and marketing of inorganic minerals and chemicals. The South African coal and […]

Business In The News South Africa

SA’s Exxaro Resources begins selling Tronox stake in the US

JOHANNESBURG, October 3 – South African diversified miner Exxaro Resources on Tuesday commenced a public offering in the United States of 16 million Class A ordinary shares of Tronox Limited, a NYSE-listed company engaged in the mining, production and marketing of inorganic minerals and chemicals. This comes after the South African coal and heavy minerals mining […]