Afrimat is a defensive investment in the construction sector, as it is geographically diversified, it is vertically integrated and boasts an extensive product range. Its business has a strong balance sheet with low levels of debt and it was able to diversify away from traditional building materials into industrial use minerals that provide ...

Afrimat is a leading black empowered open pit mining company, providing construction materials and services as well as industrial minerals for a range of applications in various industry sectors. Its core subsidiaries have been successfully operating for more than 45 years.

Afrimat has identified an opportunity to acquire additional iron ore assets in the Northern Cape province of South Africa. Scan QR Code to learn more about Afrimat's full offering. Despite the effects of the lockdown, Demaneng is once again producing at . nine years, with the underground portion's LoM being in excess of 20 years.

Dec 09, 2020· Afrimat Limited is a mining company and provider of construction materials and industrial minerals to the construction, infrastructure, building and civil markets in South Africa (particularly in Gauteng, the Western Cape, KwaZulu-Natal, the Eastern Cape, the Northern Cape, Mpumalanga, the Free State and Limpopo) and Mozambique.

DEFINITIONS 'AEI' Afrimat Empowerment Investments Proprietary Limited 'Afrimat' or 'company' Afrimat Limited (Registration number 2006/022534/06), listed on the Main B

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May 21, 2021· AFRIMAT, the industrial minerals company, is to buy the Gravenhage manganese deposit in South Africa's Northern Cape province for $45m (R650m), it announced today.. Gravenhage is a deposit owned by Aquila …

Sep 24, 2021· It operates through three segments: Construction Materials, Industrial Minerals, and Bulk Commodities. The Construction Materials segment offers aggregates, readymix concrete, building lime, bricks and blocks, roadlime, and silica products, as well as clinker supplies. Show more Afrimat Fundamentals Summary

Oct 09, 2020· Construction and mining company Afrimat's shareholders have approved the company's scheme of arrangement to acquire of mining investment company, Unicorn Capital Partners (UCP). Afrimat, which currently has a 27.7% shareholding in UCP, announced its intention to acquire the company earlier this year.

Nov 09, 2015· Afrimat supplies aggregates and readymix concrete, as well industrial minerals, which includes lime used in water treatment. Van Heerden said the nature of government procurement has however ...

Nov 09, 2015· Afrimat which is working on a diversification cost reduction strategy has entered into an agreement to acquire lime and associated products of producer Cape Lime. Andries van Heerden is CEO and ...

Jan 18, 2013· JSE-listed construction materials company Afrimat on Friday announced that it had made an offer to acquire 50.4% of Infrasors Holdings from Hanchurch Asset Management, as well as a number of ...

Afrimat Limited is an open pit mining company that supplies materials and contracting services to the industrial minerals, building, construction, road building, railroad and mining sectors. The ...

Sep 23, 2021· Afrimat Limited is an open pit mining company that supplies materials and contracting services to the industrial minerals, building, construction, road building, railroad and mining sectors. The Company operates through two segments: Mining & Aggregates/Minerals, and Concrete Based Products.

Jul 07, 2016· Meanwhile, Afrimat subsidiary dolomite producer Infosors, located in Centurion, Gauteng, along with its newly acquired Cape Lime business, were two of …

In addition to supplying materials such as aggregates, concrete products and industrial minerals, Afrimat has a strong presence in contracting services such as drilling, blasting, mobile crushing and screening, giving it flexibility beyond its fixed areas of operation.The group also services major infrastructure and construction projects for a range of enterprises, from large …

This will be further buoyed by the projected strong recov‑ ery from the Construction Materials and Industrial Minerals divisions," says De Wit. Biggest deal to date More notably, Afrimat recently committed further to its diversification strategy by announcing its big‑ gest deal to date, the R650-million acquisition of the Gravenhage ...

Apr 29, 2019· Afrimat, a listed construction materials supplier and industrial minerals group, has added open-pit mining to its portfolio with the R322-million acquisition of the Diro mine, which had been in business rescue. The Diro mine has proven run-of-mine reserves of 10-million tons.

May 27, 2020· Share. CAPE TOWN - Afrimat, the industrial minerals, bulk commodity and construction materials mining company, said yesterday it had made an approach to acquire the remaining shares in Unicorn ...

May 21, 2021· Details. 21 May 2021. Afrimat, a leading open-pit mining Company providing industrial minerals, commodities and construction materials, has announced the acquisition of the Gravenhage manganese mining right and associated assets in the Northern Cape, its biggest acquisition to date. Andries van Heerden, Afrimat CEO.

Oct 06, 2019· Afrimat diversifie­d into industrial minerals, acquiring assets such as metallurgi­cal dolomites, clinker and agricultur­al lime that were similar to its other assets from a technical and process point of view but sold in different sectors …

Jul 06, 2021· The Afrimat story. by Heinrich Van Der Merwe, CA (SA) Jul 6, 2021. Afrimat primarily engages in open pit mining processing and the supply of a broad range of industrial minerals and construction materials to an assortment of industries across southern Africa. In addition, Afrimat supplies bulk commodities to local and international markets.

Jan 27, 2021· Industrial minerals and construction materials company Afrimat will sell the restructured Unicorn Capital Parents (UCP), which no longer holds a direct interest in the Nkomati anthracite mine.

Nov 01, 2018· Afrimat Limited is a leading black empowerment open pit mining company providing construction materials and industrial minerals. The group's core subsidiaries have been in operation for more than 45 years and it is listed in the "Construction and Building Materials" sector of the JSE Main Board.

Contents 'Afrimat' or 'company' Afrimat Limited (Registration number 2006/022534/06), listed on the JSE Limited in the 'Construction & Building Materials' sector 'AS

Jun 01, 2021· The acquisition of Gravenhage will increase Afrimat's scale in the ferrous-metal value chain. Afrimat's recent acquisition of Gravenhage adds another commodity, manganese, to the open-pit mining company's diversified bulk commodities offering and propels it into the mid-tier mining space. This is according to CFO Pieter de Wit, who added that the Gravenhage …

Dec 15, 2014· These acquisitions have generated excellent returns for Afrimat shareholders. The group's most recent acquisition was an 80% stake in the struggling listed industrial minerals group Infrasors, with early evidence pointing to a strong turnaround.

May 25, 2021· Andries, I appreciate the early morning time. An announcement has come out that Afrimat is going to be acquiring a manganese mining right. Manganese is a bulk commodity. It's used in the steel ...

Afrimat Ltd. engages in open pit mining, processing, and supplying of industrial minerals and materials. The company operates in through the following segments: Aggregates and Industrial Minerals, Concrete Based Products, Commodities, and Services. The Aggregates and Industrial Minerals segment consists mainly out of the sales of sand, gravel ...

Defi nitions Contents Performance highlights 1 Integrated reporting 2 1. Business activities Business overview 4 Value added statement 6 2. Strategic context Vision, mission and

Oct 31, 2013· This brought Afrimat's stake in Infrasors to 59,78%. "Given that we acquired the Infrasors stake with intention of extracting value from its assets we can better achieve our aim if we completely control the business during a turnaround like this." Looking ahead he says it is exciting to see the traditional business coming back on track.

May 26, 2020· UPDATED 26 May 2020 - 15:53. Building materials and industrial minerals group Afrimat, which has recently seen a healthy profit bump from its Demaneng iron ore mine, has set its sights on ...

Afrimat Ltd. engages in open pit mining, processing, and supplying of industrial minerals and materials. The company operates in through the following …

Aug 17, 2020· 17 August 2020 - 19:41 Mudiwa Gavaza. Building materials and industrial minerals group Afrimat has bought Coza Mining for R300m, in an effort to grow its footprint in the Northern Cape. Afrimat ...

Sep 19, 2018· Afrimat, a listed construction materials supplier and industrial minerals group, has added open-pit mining to its portfolio with the R322-million acquisition of the Diro mine, which had been in business rescue. ... Grants from the Cooperative Incentive Scheme are being given to co-operatives to help them buy mining equipment.

Feb 29, 2012· It has moved from construction to the metals industry, which is a more stable environment with annuity flows from that." Janine Weilbach. BEE. BEE shareholders & Afrimat's black employees hold 26% of Afrimat's issued shares. Tangible assets. Net tangible assets per share of R3.63 provides a value underpin. Acquisitions