Press Releases

Afrimat’s Demaneng Mine committed funds towards to the construction of a bulk link-line from three boreholes to a 7ML reservoir, to assist with alleviating the prevailing water issues in Olifantshoek. This project forms part of Afrimat Demaneng’s local economic development

21 May 2021 – Afrimat, a leading open-pit mining Company providing industrial minerals, commodities, and construction materials, today announced what will be its biggest acquisition to date, being the acquisition of the Gravenhage manganese mining right and associated assets (“Gravenhage”)

Highlights – Operating profit up 11,0% to R353,1 million – Headline earnings per share (HEPS) up 1,1% to 183,9 cents – Strong balance sheet with net cash position – Interim dividend per share of 36,0 cents – Return on net

5 October 2020 – Afrimat, a leading open-pit mining company providing industrial minerals, commodities and construction materials, today released communication on the Stock Exchange News Service (“SENS”) indicating that it had lodged papers in the High Court of South Africa,

Highlights – Headline earnings per share (‘HEPS’) up 48,5% to 347,7 cents – Group revenue up 11,4% to R3,3 billion – Operating profit margin 18,2% – Return on net operating assets 30,9% – Net debt:equity ratio improved from 23,8% to

Highlights – Group revenue up 24,6% to R3,0 billion – Headline earnings per share (“HEPS”) up 29,6% to 234,1 cents – Operating profit margin 15,9% – Final dividend per share of 62,0 cents – Return on net operating assets 25,4%