Exxaro Resources , a South African coal miner, said it has appointed veteran mining executive Ben Magara as its new CEO following the departure of Nombasa Tsengwa.

Magara is a seasoned mining executive with over 35 years of experience. He is mainly known for his renowned leadership in driving operational excellence and strategic growth in the mining industry.

Exxaro Resources announces the appointment of Ben Magara, former CEO of Lonmin, as its new chief executive officer, effective April 1.

Exxaro has appointed seasoned mining executive Ben Magara as its new CEO, replacing Nombasa Tsengwa, who resigned under a cloud in February. Magara will take over as CEO on 1 April 2025 and will be supported by Finance Director Riaan Koppeschaar, who has served as interim CEO.

Coal producer Exxaro Resources (JSE: EXX) has appointed veteran mining executive Ben Magara as its new top boss, tasking him with speeding up plans to diversify the South African company’s portfolio into battery metals.

Tawanda Karombo Exxaro Resources, which appointed Ben Magara as new CEO effective next month, said on Thursday that improvements on the rail and port logistics front have been slow, with the company’s financial performance for year to the end of December 2024 affected by lower domestic offtake of coal despite growth in exports.

Exxaro Resources appointed Ben Magara as chief executive officer, a month after the previous leader of the South African coal miner resigned.