Press Releases

On the heels of this month’s acquisition that saw black empowered JSE construction materials supplier, Afrimat, diversify into industrial minerals, the Main Board group today announced a sustained turnaround with a stronger financial performance year-on-year for the twelve months to

JSE Main Board-listed construction materials supplier, Afrimat, today continued its positive growth trend when it announced the R35 million acquisition of the Glen Douglas dolomite mine from Exxaro Resources Limited. The acquisition marks the first step in the group’s diversification

In a pleasing turnaround JSE-listed construction materials supplier, Afrimat, outperformed the comparative 2008 interim period and delivered solid growth for the six months to 31 August 2009 (“the period”). The Mining & Aggregates division was largely responsible for driving a

JSE-listed Afrimat Limited delivered a reasonable performance for the year to February 2009 in light of the global economic downturn, supported by a good showing from two divisions – Readymix Concrete and Concrete Manufactured Products (“CMP”) – which helped boost

During the six months to August 2008 construction materials supplier Afrimat Limited increased exposure to government’s multi-billion Rand infrastructure spend with organic expansion initiatives and a strategic acquisition of a further quarry and readymix plant in KwaZulu-Natal. The group’s growth

Capitalising on escalating demand in the country for coal, JSE construction materials supplier Afrimat has secured the R90 million contract to supply coarse and fine aggregate for phase 1 of the Medupi coal-fired power station in Lephalale, Limpopo. The contract