Press Releases

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

Consistently delivering to ensure sustainable returns Highlights – Group revenue up 26,7% to R4,7 billion – Operating profit margin of 23,7% – Headline earnings per share (‘HEPS’) up 22,9% to 542,9 cents – Final dividend per share of 146,0 cents

9 December 2021 – Afrimat, a leading open-pit mining company providing industrial minerals, bulk commodities, and construction materials, today announced another acquisition, this time in the phosphate and rare earth minerals space, through the acquisition of Glenover Phosphate (Pty) Ltd

Highlights – Operating profit up 65,0% to R582,8 million – Headline earnings per share (“HEPS”) up 60,5% to 295,1 cents – Interim dividend per share of 40,0 cents – Operating profit margin 24,1% – Net cash from operating activities of

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”)