About Ben Magara
Ben Magara is a qualified Mining Engineer and a highly respected industry veteran with over 35 years of experience across underground and open-pit operations in both soft and hard rock mining. His career highlights include:
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Anglo American Coal – Early career foundation in mining operations.
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Lonmin Plc – Led the stabilisation, restructuring, and turnaround of the platinum producer, culminating in its disposal to Sibanye Stillwater, creating the world’s largest PGM producer.
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Africa Mining & Metals Group (AMMG) – Founded in 2020, focusing on battery metals and precious metals.
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Copperbelt, DRC – Provided advisory services in one of Africa’s most significant mining regions.
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Board Roles – Independent Non-Executive Director at Weir Plc (FTSE100) and former Board Member of Grindrod Limited (stepping down 1 April 2025).
Board Endorsements
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Geoffrey Qhena, Chairman of Exxaro:
“Ben Magara brings a wealth of mining leadership, global board, and governance experience to Exxaro along with a reputation for impeccable integrity. We are confident Ben will stabilise the organisation and continue to drive forward our growth and sustainability strategy.”
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Geraldine Fraser-Moleketi, Lead Independent Director:
“Ben is a seasoned mining executive highly regarded for his people skills and emphasis on teamwork. His appointment had the unanimous support of our Board.”
The Board also expressed gratitude to Acting CEO Riaan Koppeschaar for his professionalism and leadership during the interim period.
Ben Magara’s Vision
“I am honoured to be taking up the role of Exxaro CEO, and excited to utilise our strong coal foundation as a base from which to expand our portfolio towards critical low-carbon minerals essential for the future. This diversification strategy will enable us to deliver enhanced value to stakeholders while balancing profitability with environmental and social sustainability.”
Key Takeaway
Ben Magara’s appointment signals Exxaro’s commitment to operational excellence, diversification, and sustainability. His proven track record in restructuring major mining operations and his leadership in renewable and low-carbon strategies position him to guide Exxaro through its next phase of growth.
