South African tycoon Saki Macozoma sold his manganese and kept the trucks, gaming and copper
Safika sold its entire manganese portfolio to Exxaro for R11.7 billion. It kept trucking, gaming, telecoms repair and a Northern Cape copper stake.
Exxaro
Ben Magara's Exxaro is buying Anglo American's half of an Australian mine to sell the lot
Exxaro Resources will buy out Anglo American's half of the Moranbah South coking coal project in Queensland, then sell the entire asset to Australia's Stanmore Resources for $105 million, exiting its only offshore mining interest.
Nombasa Tsengwa resigns as governance investigation unfolds in Exxaro
Tsengwa’s resignation follows her precautionary suspension in December 2024 amid an independent probe into allegations concerning workplace conduct and governance.
