In November 2006, Kumba Resources Limited unbundled, and Kumba’s coal and other assets merged with Eyesizwe Coal to create Exxaro Resources Limited. Exxaro has since grown to become one of the largest black-empowered and diversified mining companies in South Africa. The company operates facilities and offices in Africa, Asia, Europe and Australia. It’s listed on the JSE and, on 31 December 2021 had assets of R75.7 billion and a market capitalisation of R53.4 billion.
On 27 November 2006, Kumba Resources unbundled its iron ore business and created two separate focused mining groups – Exxaro Resources and Kumba Iron Ore (listed on the JSE Limited in the general mining sector)
Exxaro assets
2006 closing share price: R56.00
Medupi coal supply agreement signed
Namakwa Sands acquired
Deal of the Year Award
Top employer in South African mining industry (Top Employers Institute)
2007 closing share price: R103.45
Signatory to UNGC
Included in JSE Socially Responsible Investment Index
2008 closing share price: R71.90
Exxaro’s Evergreen Awards instituted to recognise top performers in various categories of the organisation
2009 closing share price: R104.50
Reduced HIV/Aids prevalence to 13% (national prevalence rate was 25%)
2010 closing share price: R136.24
Progress with energy and carbon management to measure across business
Top 10 in EY Excellence in Integrated Reporting Awards
2011 closing share price: R168.00
Zeeland water treatment giant near Lephalale in Limpopo receives Blue Drop certification
Carbon Disclosure Project Leadership Index top score of 100 points received
Among the top 10 companies worldwide delivering the highest returns to shareholders over 10 years (Boston Consulting Group)
Cennergi (joint venture with Tata Power) formed to realise renewable energy ambitions
2012 closing share price: R169.00
Frost and Sullivan Visionary Innovation Leadership Award
Deloitte Best Company to Work For Award (second place in mining category)
Carbon Disclosure Project Leadership Index score of 97 points received
Best Risk Information System Implementation Award from Institute of Risk Management South Africa
Top 10 in EY Excellence in Integrated Reporting Awards
2013 closing share price: R146.46
Top employer in South African mining industry (Top Employers Institute)
Deloitte Best Company to Work For Award (resources sector)
Top 10 global leaders in Carbon Disclosure Leadership Index
Top 10 in EY Excellence in Integrated Reporting Awards
2014 closing share price: R103.50
Global bronze medal in RobecoSAM 2015 sustainability reference guide (for ESG performance)
Best Corporate Governance Award for Africa region (Ethical Boardroom magazine)
Merit Award in EY Excellence in Integrated Reporting Awards
2015 closing share price: R44.04
New CEO appointed: Mxolisi Mgojo replaces Sipho Nkosi
Merit Award in EY Excellence in Integrated Reporting Awards
Exxaro’s 10-year BEE ownership structure unwinds
Cennergi wind farms commissioned
Thabametsi project approved
2016 closing share price: R89.50
Replacement black economic empowerment transaction implemented
Merit Award in EY Excellence in Integrated Reporting Awards
Business of Tomorrow team formed
2017 closing share price: R162.50
Mid-cap winner in Chartered Secretaries Southern Africa Integrated Reporting Awards
Belfast project breaks ground
2018 closing share price: R137.87
Fatality-free year and zero high potential incidents
Coal Safe Awards for Matla Mine 1 and Leeuwpan Mine for 40 fatality-free years
Move to the conneXXion
Partnership with Accenture awarded silver in the Loerie Awards for the MyNexxt learning and developmental platform
Finalist in the 2019 South African Graduate Employers Association Awards Employer of Choice: Mining and Resources
Newcomer Award in Absa Business Day Supplier Development Awards 2019
Localisation and Enterprise and Supplier Development Recognition Award at the 2019 South African Investment Conference
Top 40 winner in Chartered Secretaries Southern Africa Integrated Reporting Awards
2019 closing share price: R131.14
100% acquisition of Cennergi
Three fatality-free years achieved
Top Employer (Human Capital) South Africa winner for
Accenture Students’ Choice Awards of 2020 – second most sought after mining company to work for in the Mining and Metals category by thousands of tertiary students
Exxaro head office building achieved a six-star As-Built rating from the Green Building Council South Africa (GBCSA) under the Green Star New Build certification system
100 SA companies under scrutiny for the transparency and implementation of anti-corruption programme (Governance) – Exxaro ranked third in the Transparency and Corporate Reporting: South Africa 2020 (TRAC SA 2020)
Grad Star Student Choice Awards of 2020 (Human Capital) – second most sought after mining company to work for in the Mining and Metals category by thousands of tertiary students
Accenture Rising Star 2020 – Mohloana Magwai awarded the Accenture Rising Star award in the Mining and Minerals category
Transparency in Corporate Reporting (Governance) – Exxaro ranked third of 100 listed corporations operating in South Africa
Exxaro ranked 13th in the Sunday Times Top 100 (Financial Capital) Companies in South Africa in the 2020 listing
Mail & Guardian (Human Capital) – Mondli Magagula announced as one of the 200 most outstanding young South Africans in 2020
ERIS best 100 emerging markets ESG ranking (Sustainable Development) – Exxaro featured in the Vigeo Eiris ranking of the best emerging market performers. The ranking comprises of 100 best performing companies listed in emerging markets in terms of their approach and ongoing dedication to social responsibility.
WELL certification (Manufactured Capital) – Silver level WELL certification for Core and Shell by the International WELL Building Institute (IWBI)
2020 closing share price: R131.14
Won the globally recognised ESG Investing award: Best Sustainability Reporting and Finalist for Climate Change Reporting
Integrated report recognised as excellent at the EY Excellence in Integrated Reporting Awards
Ranked in top 100 Moody’s Vigeo Eiris best emerging markets Best manager of the year award for Mxolisi Mgojo (CEO) LTIFR of 0.08
Achieved five years fatality-free
Closing share price: R154
Established the Decarbonisation Portfolio Management Office
Our 2020 ESG report won the best sustainability reporting award in the metals and mining category at the 2021 ESG Reporting Awards
Exxaro Announced as 2022 Top Employers. The Top Employers Institute programme certifies organizations based on the participation and results of their HR Best Practices Survey. This survey covers six HR domains consisting of 20 topics, including people strategy, work environment, talent acquisition, learning, well-being, diversity, and inclusion, and more.
Exxaro has been included in the Bloomberg 2022 Gender-Equality Index. We are committed to promoting workplace equality. The Bloomberg GEI tracks the performance of public companies committed to disclosing their efforts to supporting gender equality through policy development, representation, and transparency.
Exxaro was ranked number 5 at the 2022 Sunday Times Top 100 Companies Awards
Exxaro was a big award winner at COALSAFE 2022 - A conference held by the South African Colliery Managers’ Association (SACMA) Exxaro won a safety award for fatality free business and an award for Environmental Management.