Thungela Resources Limited (TGA.L)

546.00 +2.00 (+0.37%) As of 01:44PM BST. Market open.

Thungela Resources Limited

25 Bath Avenue
Rosebank
Johannesburg 2196
South Africa
27 11 638 9000
https://www.thungela.com

Sector(s): Energy
Industry: Thermal Coal
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. July Ndlovu BLP, BSc (Hons), CSEP, MBL	CEO & Executive Director	783.54k	N/A	1966
Mr. Gideon Frederick Smith Law	CFO & Executive Director	466.97k	N/A	1978
Mr. Leslie Martin	Executive Head of Technical	317.08k	N/A	1972
Mr. Bernard M. Dalton	Executive Head of Marketing	271.23k	N/A	1962
Mr. Lesego Mataboge	Executive Head of Human Resources	227.59k	N/A	1973
Ms. Carina Venter	Executive Head of Safety, Health & Environmental	224.48k	N/A	1978
Mr. Johan Van Schalkwyk	Chief Operations Officer	327.85k	N/A	1975
Ms. Mpumi Sithole	Executive Head of Corporate Affairs	214.82k	N/A	1982
Daniel Francois Klem	Company Secretary	N/A	N/A	1965
Ryan Africa	Investor Relations Contact	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in GBp.

Description

Thungela Resources Limited engages in the mining and production of thermal coal in South Africa and Australia. It owns interests in and produces its thermal coal from mining operations, consisting of underground and open cast mines in the Mpumalanga province of South Africa, including including Goedehoop colliery, Greenside colliery, Isibonelo colliery, Khwezela colliery, Zibulo colliery, Mafube colliery, and Rietvlei colliery. It also holds 85% of the Ensham Mine located in Queensland, Australia. The company also exports its products to Indian, Asian, Southeast Asian, the Middle East, and North African markets. Thungela Resources Limited was founded in 1945 and is headquartered in Johannesburg, South Africa.

Corporate governance

Thungela Resources Limited’s ISS governance QualityScore as of 29 April 2024 is 4. The pillar scores are Audit: 5; Board: 5; Shareholder rights: 1; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.