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Healthy results are delivered by Afrimat with substantial progress and investment made on strategic projects to further support growth

Highlights Group revenue up 9,6% to R2,8 billion Headline earnings per share (‘HEPS’) up 4,4% to 263,4 cents Interim dividend per share of 40,0 cents Operating profit margin of 18,8% Net asset value (‘NAV’) per share up 10,8% to 2 750 cents Return on net operating assets 22,7% Net debt:equity…

Afrimat’s Nkomati Anthracite Mine proudly opens Sikhwahlane Community Hall

Afrimat’s Nkomati Anthracite Mine in Mpumalanga today officially opened the Sikhwahlane Community Hall in Matsamo, in partnership with the Matsamo Tribal Authority, Nkomazi Local Municipality and the Department of Mineral Resources and Energy. Nkomati Anthracite committed over R2 900 000.00 to fund the construction of a brick-and-mortar community hall as part of…

Afrimat Construction Index shows positive real growth in second quarter of 2023

“The sharp decline in the consumer price index could soon lead to a more accommodating monetary policy stance and trigger a rise in construction sector activity.” Dr Roelof Botha. Johannesburg, 13 September 2023 – Afrimat, the JSE-listed mid-tier mining and materials company providing construction materials, industrial minerals, bulk commodities and…

Afrimat proudly unveils two new classrooms at Unobhala Secondary School in rural KZN

Today, Afrimat’s Pietermaritzburg Quarry unveiled two additional, newly built classrooms at Unobhala Secondary School, in partnership with the Department of Education and the Department of Mineral Resources and Energy, expanding the school’s infrastructure to 12 classrooms with offices. Unobhala Secondary is in rural KwaZulu-Natal’s uMkhambathini Municipality, in the Nkanyezini area,…

Afrimat to expand its national Construction Materials footprint with acquisition of Lafarge South Africa

20 June 2023 – Leading mid-tier mining and materials company, Afrimat, today announced the acquisition of Lafarge South Africa Holdings (Pty) Ltd (“LSA”), including all its subsidiaries (“LSA Group”), subject to the fulfilment of conditions precedent relating to the receipt of customary regulatory approvals. LSA Group, a member of the…

Afrimat moves to “General Mining” sector of the JSE

More accurately depicts the group’s operations 20 March 2023 – Today, Afrimat, a leading mid-tier open-pit mining company providing Industrial Minerals, Bulk Commodities, Construction Materials and Future Materials and Metals, announced that its JSE listing classification will change from the Basic Materials, Construction sector to the General Mining sector. Through…

Afrimat Nkomati Anthracite proudly opens the newly renovated and extended Steenbok Clinic

Creating value for communities: Afrimat Nkomati Anthracite proudly opens the newly renovated and extended Steenbok Clinic Afrimat’s Nkomati Anthracite mine in Mpumalanga officially opened the newly renovated and extended Steenbok Clinic in Steenbok, in partnership with the Mpumalanga Department of Health and Department of Mineral Resources and Energy. Stakeholders who…

Afrimat’s Nkomati Anthracite mine proudly opens R2.5million community hall in Madadeni

Afrimat’s Nkomati Anthracite mine in Mpumalanga today officially opened the Mawewe Community Hall in Madadeni, in partnership with the Tribal Authority, Nkomazi Local Municipality and the Department of Mineral Resources and Energy. Nkomati Anthracite committed over R2 500 000.00 (two and a half million Rand) to fund the construction of…

Tanya Pretorius

Afrimat: Head of Communications
Tanya.pretorius@afrimat.co.za

Vanessa Ingram

Keyter Rech Investor Solutions
Vrech@kris.co.za