Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. South Africa
  4. Johannesburg Stock Exchange
  5. Thungela Resources Limited
  6. Company
    TGA   ZAE000296554

THUNGELA RESOURCES LIMITED

(TGA)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
Business Summary
Thungela Resources Limited (Thungela), is a South Africa-based thermal coal exporter. The Company is a pure-play producers and exporters of thermal coal in South Africa based on aggregate thermal coal reserves and marketable thermal coal production. The Company owns interests in and produces its thermal coal approximately from seven mining operations, namely Goedehoop, Greenside, Isibonelo, Khwezela, AAIC (operating the Zibulo colliery), Mafube Coal Mining (operating the Mafube colliery) and Butsanani Energy (operating the Rietvlei colliery) which consist of both underground and open cast mines located in the Mpumalanga province of South Africa. It also holds approximately 50% interest in Phola, which owns and operates the Phola Coal Processing Plant, and also owns interest in RBCT, which owns and operates the Richards Bay Coal Terminal. The Group focuses on exporting its thermal coal portfolio mainly to the Indian, Asian, SEA, Middle East and North African markets.

Number of employees : 7 525 people.
Sales per Business
20192020Delta
Underground11 216.0060.3%9 580.0052.5% -14.59%
Open-cast7 376.0039.7%8 674.0047.5% +17.6%
ZAR in Million
Sales per region
20192020Delta
South Africa18 592.00100%18 254.00100% -1.82%
ZAR in Million
Managers
Name Title Age Since
July Ndlovu Chief Executive Officer & Director 54 -
Gideon Frederick Smith Chief Financial Officer & Director 42 -
Leslie Martin Executive Head-Technical 47 2020
Johannes Petrus Daniel Van Schalkwyk Chief Operating Officer 45 2018
Sango Siviwe Ntsaluba Chairman 59 -
Kholeka Winifred Mzondeki Independent Non-Executive Director 52 2021
Thero M. L. Setiloane Independent Non-Executive Director 60 2021
Benjamin Monaheng Kodisang Independent Non-Executive Director 49 2021
Bernard Dalton Executive Head-Marketing - -
Carina Venter Executive Head-Safety, Health & Environment) 42 2020
Members of the board
Name Title Age Since
Sango Siviwe Ntsaluba Chairman 59 -
July Ndlovu Chief Executive Officer & Director 54 -
Gideon Frederick Smith Chief Financial Officer & Director 42 -
Kholeka Winifred Mzondeki Independent Non-Executive Director 52 2021
Thero M. L. Setiloane Independent Non-Executive Director 60 2021
Benjamin Monaheng Kodisang Independent Non-Executive Director 49 2021
Seamus Gerard French Non-Executive Director 57 2021
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 136,311,808 124,150,883 91.1% 0 0.0% 91.1%
Shareholders
NameEquities%
Public Investment Corporation (SOC) Ltd. 9,355,178 6.86%
BlackRock Investment Management LLC 5,193,479 3.81%
Tarl Investment Holdings Ltd 4,727,561 3.47%
Coronation Asset Management (Pty) Ltd. 4,090,775 3.00%
July Ndlovu 247,406 0.18%
Gloria French 130,151 0.095%
Gideon Frederick Smith 127,451 0.093%
Sango Siviwe Ntsaluba 188 0.0001%
Kholeka Winifred Mzondeki 85 0.0001%
UBS Asset Management (UK) Ltd. 0 -