JOHANNESBURG — South32 CEO Mike Fraser on Wednesday said he is still “positively optimistic” that the company will close the sale of its South Africa Energy Coal (SAEC) assets to unlisted Seriti Resources this year, though the deal has taken longer than he anticipated. featured articles. He is studying towards a law degree (LLB) with University of South Africa. Coal mining company Seriti Resources has concluded agreements to acquire South32’s majority shareholding in South Africa Energy Coal (SAEC) for R100-million in … Head Of Corporate Affairs at SOUTH32 COAL SA Johannesburg Area, South Africa 500+ connections. The Khutala Colliery is an underground bord and pillar operation while the Klipspruit, Middelburg and Wolvekrans collieries are opencast mines using dragline, as well as truck and shovel operations, to extract coal. © 2021 Financial Post, a division of Postmedia Network Inc. All rights reserved. Prior to this he was Vice President Commercial for South32, where he was responsible for Supply, Energy and Logistics Strategy and other Commercial activities for … This has led Macquarie Bank to forecast much improved earnings for these companies. Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. A welcome email is on its way. South32 is a globally diversified mining and metals company producing bauxite, alumina, aluminium, energy and metallurgical coal, manganese, nickel, silver, lead and zinc in Australia, Southern Africa and South America. We have partnered with the Endangered Wildlife Trust, and together we have worked on a number of initiatives that work for the community and the environment. South32. Indigenous and Tribal Peoples' Cultural Heritage, Boosting economic empowerment with broad-based equity ownership structures, Advocating for equal representation in the workplace by upskilling historically disadvantaged workforces, Creating opportunities for the growth of black enterprises, Recruiting from within our local communities, Improving housing and living conditions for our team members, Increasing local engagement through sustainable community development, Making sure our plans are aligned with our values and the South African Mining Charter. ... it's probably been a bit earlier during COVID-19 because we're doing a bit more work with places like South Africa … SOUTH32 confirmed market speculation it had entered into exclusive negotiations with Seriti Resources for the sale of its South African Energy Coal (SAEC) business and extended its capital return programme some $250m despite lower full year earnings. Report this profile Activity ... Chief Executive Officer - at Exxaro Resources City of Johannesburg. Graham Kerr has been our Chief Executive Officer since October 2014 and is responsible for running all parts of our business. This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Successful environmental management is essential to our business. The South Africa Energy Coal (SAEC) operations are located near the towns of eMalahleni (previously known as Witbank) and Middelburg, in the coalfields of Mpumalanga. South32 may supplement internal capability from time to time with assistance from temporary staffing agencies, placement services, and professional recruiters ("Agency"). Our people are the foundation of our success and the key to our sustainability and productivity. Visit our Community Guidelines for more information and details on how to adjust your email settings. “The net effect on the coal-exposed […] South32’s SA divestment just weeks away. The Sydney- and Johannesburg-listed group posted underlying earnings for the year ended June of $992m, a one quarter […] Kgabi Masia, President South Africa Energy Coal. South32, the Perth headquartered diversified mining company, yesterday said that it had revised its outlook for South Africa Energy Coal. The next issue of Top Stories Newsletter will soon be in your inbox. In April 2018, South32 separated SAEC into a standalone business managed independently from its asset group. South32 controls South Africa Energy Coal (SAEC) in the coalfields of Mpumalanga. He monitored strategic projects for the CEO, ensuring focused and rapid implementation in all mining/smelters operations. We will seek to increase the local ownership of SAEC, consistent with our commitment to South Africa’s economic transformation. We have seen an incredible amount of change in South Africa since we started operating here, and we’ve done our best to bring about positive change as well. South Africa’s Competition Commission last month recommended the Competition Tribunal approve the deal. Please try again. Lisa SteynSouth32 CEO Graham Kerr. SAEC includes four coal mining operations, Khutala Colliery, Klipspruit Colliery, Middelburg Colliery and the Wolvekrans Colliery, as well as three processing plants, producing energy coal for the domestic and export market. We’re a business with a purpose and believe trust and transparency are essential to the way we operate. Located in the coalfields of Mpumalanga, SAEC includes four collieries and three processing plants, producing energy coal for the domestic and export market. “The South Africa Energy Coal acquisition will enable us to offer further secured, long-term coal supply solutions to Eskom as a demonstrable commitment to sustainably supporting South Africa’s energy needs. There was an error, please provide a valid email address. PostPandemic: How COVID-19 is reshaping Canada, South32 CEO 'optimistic' about finalizing South African thermal coal exit this year, tap here to see other videos from our team. JOHANNESBURG — South32 CEO Mike Fraser on Wednesday said he is still “positively optimistic” that the company will close the sale of its South Africa Energy Coal (SAEC) assets to unlisted Seriti Resources this year, though the deal has taken longer than he anticipated. Real-time Level 2 Market Depth. He has more than 18 years of experience in the mining industry. 365 Bloor Street East, Toronto, Ontario, M4W 3L4. Keep up to date with our latest news and announcements. In 2018 the company had a revenue of just over $7.5bn and a net income of $1.3bn, achieving a profit margin of 17.64%. Unauthorized distribution, transmission or republication strictly prohibited. That means being in touch with the broader community – considering different perspectives and working together to create shared value. On 30 April 2018, SAEC became a stand-alone business to be managed separately from the rest of the South32 Group. Read more about cookies here. Discussion channel for #south32 on CEO.CA, an investment chat community for Canada's small cap markets. Kgabi started in the role of President South Africa Energy Coal on 30 April 2018. President at South32 - South African Energy Coal eMalahleni. Community & society. South32 is a mining company based in Perth, Western Australia. SOUTH32 CEO GRAHAM KERR. back 3. South 32 Group Operations Pty Ltd. and its affiliates and subsidiaries ("South32") have an internal talent acquisition resource. Picture: PUXLEY MAKGATHODespite distractions caused by the state capture inquiry and the Covid-19 pandemic, South32 is confident that the sale of its SA coal business to Seriti Resources … Comments may take up to an hour for moderation before appearing on the site. President at South32 - South African Energy Coal Witbank Area, South Africa 500+ connections. South32’s other African assets include aluminium smelters in South Africa and Mozambique, and three thermal coal mines in South Africa’s Mpumulanga province. Get in touch with South Africa Energy Coal. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. Graham Kerr, chief executive officer and managing director at South32, discusses the impact of coronavirus on the business, the China market, … Together, we create an inclusive workplace where we hold ourselves and each other to account to demonstrate our values. (Ryan C. Hermens/Lexington Herald-Leader via AP) If you don't see it please check your junk folder. Anna-May Fauconnier. South32 CEO Mike Fraser on Wednesday said he is still “positively optimistic” that the company will close the sale of its South Africa Energy Coal … The deal, which will increase Seriti’s share of the thermal coal market supplying state power firm Eskom, had to secure … Coal mining has long been part of this region, with the name eMalahleni translating to ‘place of coal’. thabo manne. Mr Kerr has been our Chief Executive Officer since October 2014 and is responsible for running all parts of our business. Our communities. Articles #south32 channel Get CEO.CA Pro. Helping students from disadvantaged communities pursue a tertiary education and relise their potential. ... CEO Kumba Iron Ore South Africa. Kgabi started in the role of President South Africa Energy Coal on 30 April 2018. In previous roles Kgabi served as VP Operations East for Coal South Africa and Head of Integrated Operations and General Manager Processing for Coal. He led South32 through the Demerger from BHP in 2015 and its public listing in three countries and has overseen the development and implementation of our strategy. Community investment. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. South32 owns 92 per cent of South Africa Energy Coal, with the remaining eight per cent held by a Broad-Based Black Economic Empowerment consortium, led by Phembani Holdings. Katie Tovich - … Click for live demo. South32 is a globally diversified mining and metals company producing bauxite, alumina, aluminium, energy and metallurgical coal, manganese, nickel, silver, lead and zinc in Australia, Southern Africa and South America. Graham Kerr is the Perth-based CEO of mining company South32. We ask you to keep your comments relevant and respectful. Join to Connect South32 - SAEC. Anna-May Fauconnier. He led South32 through the Demerger from BHP in 2015 and its public listing in three countries and has overseen the development and implementation of our strategy. By continuing to use our site, you agree to our Terms of Service and Privacy Policy. We work hard to be responsible stewards of the environment and treat natural resources with care so that they are available for future generations. thabo manne ... Purchasing Specialist - South Africa Energy Coal Middelburg. We are working hard to make a meaningful contribution to the social and economic development of the country and we are committed to South Africa’s National Transformation Agenda. Prior to this he was Vice President Commercial for South32, where he was responsible for Supply, Energy and Logistics Strategy and other Commercial activities for the Africa region. WHAT a difference $10 can make; especially in the case of South Africa’s listed diversified mining companies with exposure to coal such as South32, Glencore and Anglo American who are enjoying the improvement in coal prices. Dutch Botes. Our Mozal operation is using innovation as a tool to help community development. Our shares trade on the ASX, JSE and LSE under the listing code of S32, and our operations span the globe, with assets in Australia, Southern Africa and South… South32 is a resources company built around a single idea: that in a rapidly-changing world, we have an opportunity to make a difference. Working with communities. South32 Limited (OTCPK:SOUHY) Q2 2021 Earnings Conference Call February 18, 2021 3:30 AM ET. During the half-year, the group restarted 22 pots at its South African aluminium premises – equivalent to 3% of total aluminium production. 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