Month: May 2010

Strong Mining & Aggregates performance sustains turnaround for Afrimat

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 February 2010 (“the year”). The Mining & Aggregates division was…

Afrimat follows turnaround with diversification into high margin industrial minerals

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 into complementary industries in order to expand revenue streams, boost…