WebMay 11, 2024 · 11th May 2024 by Editor BizNews. Multi-national mining behemoth Anglo American’s eagerly anticipated spin-off of its South African coal assets is around the corner. July Ndlovu, CEO of Thungela Resources (ex-Anglo coal) was on the BizNews Power Hour …
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WebMay 6, 2024 · Thungela Resources capital markets day. 06 May, 2024. Anglo American’s thermal coal business in South Africa, to be known as Thungela Resources (“Thungela”) following its proposed demerger, is today giving a detailed presentation to the investment community ahead of its planned listing on the Johannesburg and London stock … WebApr 8, 2024 · July Ndlovu, CEO of Thungela, said: “Thungela is a leading South African producer of high quality, low cost export thermal coal, well positioned to benefit from improved market conditions, and providing a reliable and affordable energy source to our customers mainly in developing economies. shania twain marriage break up
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WebMar 9, 2024 · In a trading update, Thungela said it expected headline earnings per share (HEPS) between 130 rand ($6.99) and 133 rand ($7.15) for the year ended Dec. 31, up from 61.08 rand in 2024. HEPS is the ... WebThungela, which means “to ignite” in isiZulu, is a leading South African thermal coal business, focused exclusively on thermal coal production. It is one of the largest pure-play producers and exporters of thermal coal in South Africa based on aggregate coal reserves and marketable coal production. WebJun 7, 2024 · Anglo American’s Coal Spinoff Is Valued at Almost $250 Million. Thungela’s value of about $217 million is below some estimates. Spinoff brings Anglo closer to goal of exiting thermal coal ... shania twain married or single