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Press Office - Raumix Aggregate

Raumix Aggregate

Raumix Aggregates (Pty) Ltd manufactures and supplies a broad range of crushed aggregate (stone and sand) to the construction and associated industries. Typical applications for our products include the following: Road construction material; Readymix concrete; Asphalt manufacturing; Concrete bricks and blocks; Precast products; Metallurgical processes; General construction aggregates.

Raumix Aggregates (Pty) Ltd operates nationally in Gauteng, the Free State and the Eastern Cape.

Topic

Cobalt 27 announces first-ever cobalt/nickel streaming deal

By: Henry Lazenby     23rd May 2018 Canadian cobalt company Cobalt 27 has created the world’s first cobalt/nickel streaming deal with ASX-listed Highlands Nickel on the Ramu mine, in Papua New Guinea (PNG). The two partners have signed a metal purchase and sale agreement (MPA) giving Cobalt 27 the right to buy 55% of Highlands... 

Some South African municipalities in financial distress – Treasury

By: Anine Kilian     22nd May 2018 Many municipalities remain in dire financial straits, says the National Treasury.  Its latest report on the state of local government, entitled ‘The State of Local Government and Financial Management 2017’, which was published this week, shows that 17 district municipalities were identified as... 

DGO takes interest in De Grey

By: Esmarie Swanepoel     22nd May 2018 ASX-listed DGO Gold has taken a 7% stake in fellow-listed De Grey Mining. Under the investment agreement, DGO would subscribe for 25-million ordinary shares in De Grey, prices at 20c each, for a total investment of A$5-million. 

Texton says concludes deal on acquisition of a portfolio of logistics properties

By: African News Agency      21st May 2018 Property investment fund Texton said on Monday it had concluded agreements with Equites Property Fund and various wholly-owned subsidiaries for the acquisition of a portfolio of logistics properties for an aggregate purchase consideration of R205.3-million. Texton said the acquisition was... 

Talaxis to acquire up to 75% of Mkango’s Songwe project

By: Nadine James     18th May 2018 Noble Group subsidiary Talaxis has entered into definitive agreements with Mkango Resources to acquire up to a 75% interest in Mkango’s Lancaster Exploration subsidiary, as well as a 49% stake in its downstream metals division Maginito Investments. In January, Talaxis paid Mkango £5-million in... 

Murray & Roberts Announces The Potential Combination With Aveng Limited

18th May 2018 Murray & Roberts Holdings Limited (“Murray & Roberts”) today announced a potential transaction, proposing to make an all share offer to acquire the entire issued share capital of Aveng Limited (“Aveng”), as well as to implement a solution to enable the early redemption of the Aveng convertible... 

South Africa issues $2bn bonds in global markets – National Treasury

By: African News Agency      16th May 2018 South Africa on Tuesday successfully placed $2 billion in notes maturing in 2030 and 2048 in the international capital markets, the National Treasury said on Wednesday. The Treasury said the total issuance consisted of $1.4 billion on the 12-year tranche and $600-million on the 30-year paper. The... 

Mechanical grease overflow prevention system increases worker safety and efficiency

11th May 2018 SKF announced the introduction of its Lincoln mechanical grease overflow prevention system. Designed to prevent hazards associated with reservoir overfilling, this product improves worker safety and minimises environmental concerns caused by this type of spill.  Easy to install and simple to... 

Raubex closes two businesses amid low govt infrastructure spend

By: Anine Kilian     7th May 2018 JSE-listed construction group Raubex has closed two businesses – L&R Civils and Strata Civils – as government spend on infrastructure remains low. Reporting its results for the financial year ended February 28, on Monday, Raubex said challenging market conditions in the South African construction... 

Global Connections Mean More Solutions From Multotec

7th May 2018 Increased technological collaboration between Multotec and its sister companies in Europe is releasing added value for customers around Africa and beyond, according to Multotec’s vice president screening media, Roy Roche. “While Multotec is well known for a diverse range of screening media... 

HCI buys 10% stake in PTM

By: Simone Liedtke     4th May 2018 South African black empowerment investment holding company Hosken Consolidated Investments (HCI), will, through a subsidiary, acquire a 10% interest in TSX-listed Platinum Group Metals (PTM). HCI has entered into a subscription agreement with PTM, on a private placement basis, for the purchase of... 

Petroleum product suppliers settle information sharing complaint

By: Marleny Arnoldi     4th May 2018 South African petroleum product suppliers have, under a settlement agreement with the Competition Tribunal, agreed to change how they share information.  

Kariba dam rehabilitation project, Zambia and Zimbabwe

By: Sheila Barradas     4th May 2018 The Zambezi River Authority has embarked on the final stage of the project with the launch of a tender for the spillway rehabilitation works. 

Cleaner, Greener The Afrisam Way

3rd May 2018 AfriSam has long led the charge in the cement sector for a cleaner environment, and continues to develop and conduct a range of initiatives to maintain the momentum toward a greener planet. This has a special significance as South Africa is among the world’s largest and fastest growing carbon... 

What’s New at Hillhead 2018?

2nd May 2018 Next month Tarmac’s Hillhead Quarry, near Buxton, in Derbyshire, will once again host the world’s biggest working quarry exhibition, and with no fewer than 525 UK and overseas companies booked into Hillhead 2018, this year’s event will be 10% larger than ever before, easily surpassing the 476... 

MAS acquires Romanian shopping centre

By: Simone Liedtke     30th April 2018 In line with the group’s strategy of investing across the broader European market, MAS Real Estate will acquire the Bucharest-based Militari shopping centre for €95-million. The property will be acquired from MD CE Holdings and Atrium Turkey Samsun, two wholly-owned subsidiaries of Atrium... 

Expo ideal platform for company sector expansion

By: Melissa Zisengwe     27th April 2018 With an established track record in the international mining and construction sector, engineering solutions provider Weir Minerals Africa (WMA) used bauma CONEXPO AFRICA as a platform to promote its products to the local construction sector while gaining traction in other sectors. “bauma CONEXPO... 

Kariba dam rehabilitation project, Zambia/Zimbabwe

By: Sheila Barradas     27th April 2018 The Kariba dam rehabilitation project is progressing steadily. 

PTM completes Maseve mine sale

By: Anine Kilian     26th April 2018 Platinum Group Metals (PTM) has concluded the sale of its equity in Maseve Investments, the holding company of the Maseve mine, to Royal Bafokeng Platinum (RBPlat).  The aggregate consideration for the sale comprised 4.871-million RBPlat common shares, which have been delivered, and the... 

Bezant sells Colombia platinum/gold project

By: Marleny Arnoldi     26th April 2018 Aim-listed mineral exploration and development company Bezant Resources has entered into a legally binding agreement for the sale of its wholly-owned subsidiaries Ulloa Recursos Naturales to Auvert Mining Group.  

Caterpillar ups profit outlook on doubling Q1 headline profit, record earnings

By: Henry Lazenby     24th April 2018 Global mining and construction equipment manufacturer Caterpillar has reported record first-quarter profit as strength in many of its end-markets and a strong emphasis on cost control boosted margins. The Deerfield, Illinois-based company reported adjusted profit of $2.82 a share – up 120%... 

Trans Hex to dispose of Lower Orange River operations

By: Simone Liedtke     20th April 2018 JSE-listed diamond mining company Trans Hex’s subsidiary Trans Hex Operations (THO) has entered into an agreement to sell its Lower Orange River (LOR) operations – the Bloeddrif and Baken mines – to black women-owned LOR Diamonds for R72-million. The agreement includes the disposal of the... 

Latin America the leading region in new global wave of exploration

By: Rebecca Campbell     20th April 2018 Worldwide, the mining industry has been recovering from the slump that started in 2012. “After a challenging 2013/14 when the prices of commodities plummeted across the board, 2016 and 2017 have seen resurging prices for aluminium, copper, zinc, nickel, lead, palladium and, more modestly, gold,”... 

Mantashe stresses importance of partnerships for mining sustainability

By: Simone Liedtke     18th April 2018 Mineral Resources Minister Gwede Mantashe on Wednesday stressed the importance of partnerships between mining companies and labour, as well as with communities, for mining to be sustainable. Speaking at the inaugural KwaZulu-Natal Mining Indaba, in Newcastle, he noted that such partnership would... 

PTM warns of liquidity constraints ahead of completion of stage two of Maseve transaction

By: Marleny Arnoldi     12th April 2018 Project developer Platinum Group Metals (PTM) has warned that its liquidity will be constrained until the second stage of the sale of its Maseve mine to Royal Bafokeng Platinum (RBPlat) is completed.  

Chryso Supports The Art Of New And Renovating Concrete

9th April 2018 Decorative concrete solutions can raise the aesthetic value of both new projects and renovations, and CHRYSO Southern Africa is able to provide leading edge expertise and products to customers in the region. Since a well-known French decorative concrete company became part of the CHRYSO Group,... 

First phase of PTM’s Maseve sales transaction completed

By: Simone Liedtke     6th April 2018 TSX-listed Platinum Group Metals (PTM) has completed the sale of its Maseve concentrator plant, near Rustenburg, in South Africa’s North West province, as well as the sale of certain surface rights to Royal Bafokeng Platinum (RBPlat). PTM and RBPlat in November 2017 executed definitive agreements... 

Bacanora terminates NextView placing, reaffirms Sonara H1 construction start

By: Mariaan Webb     6th April 2018 London-listed Bacanora Lithium has terminated its £31.17-million placing agreement with NextView, after the Chinese institutional fund management group defaulted on the December 2017 agreement. NextView would have acquired a 19.89% equity interest in Bacanora through the acquisition of 32 976... 

Consol to relist on JSE; Ethiopia factory set for Q4 commissioning

By: Simone Liedtke     5th April 2018 South African glass packaging manufacturer Consol plans to relist on the main board of the JSE. It was listed on the JSE until 2007, when it was taken private by a consortium of private equity investors, led by Brait Private Equity and which included Old Mutual Private Equity, Sanlam Private... 

Sars’ revenue collection increases by 6.3% y/y, but misses Treasury target

By: Anine Kilian     3rd April 2018 The South African Revenue Service (Sars) collected R1.216-trillion for the 2017/18 financial year, representing growth of R72.4-billion, or 6.3%, year-on-year. This was, however, lower than the R1.217-trillion target set by the National Treasury during the 2018 Budget speech. 

Gold heading to $1 400/oz as Sprott sees 'winnerless' trade war

By: Bloomberg     3rd April 2018 Gold will surge to the highest level in five years if a global trade war breaks out, according to Rick Rule, CEO of Sprott US Holdings, who’s been involved in the market for four decades. Bullion could top $1 400/oz in 2018 as escalating trade tensions drive investors to havens and the... 

Indian sand mining framework suggest ‘manufactured sand’ and imports to bridge supply gap

By: Ajoy K Das     29th March 2018 Indian demand for sand, categorised as a ‘minor mineral’, has been estimated at about 700-million tons a year and is growing by 6% to 7% a year, according to a Sand Mining Framework document of the Mines Ministry. The document; however, does not give any estimation of supplies, but acknowledges a... 

Indian iron-ore production and imports to rise in current FY

By: Ajoy K Das     26th March 2018 Indian iron-ore production during the current financial year is expected to have grown over the previous year, and imports too are showing tentative signs of a rise. According to preliminary government data, total iron-ore production is expected to be 210-million tons at the end of March, growth... 

Investec amends Buffalo Coal term loan, revolving credit facility

By: Simone Liedtke     20th March 2018 Coal miner Buffalo Coal Dundee, a wholly-owned subsidiary of TSX-V- and AltX-listed Buffalo Coal, has entered into an amendment to its term loan and revolving credit facility with Investec Bank. Pursuant to the amendment, the working capital facility under the Investec facility was increased by... 

South Africa discount no longer warranted, say analysts

By: Martin Creamer     15th March 2018 The so-called 'South Africa discount' that has dogged and diminished the share prices of mining companies operating in South Africa for decades, has been declared "unwarranted" by Goldman Sachs Europe Metals & Mining Equity Research analysts, against the backdrop of the winds of political change... 

Vele impairment sees MC Mining widen H1 loss

By: Esmarie Swanepoel     15th March 2018 South Africa-focused coal miner MC Mining has widened its after-tax loss from $12.9-million in the six months ended December 2016, to $97.3-million in the same period of 2017. The loss includes a cost of sales of $14.36-million, and an impairment of $87.5-million on the Vele coking and thermal... 

Cemteq Established To Supply Smart, Sustainable Building Materials

15th March 2018 Wadeville-based Sun Silicates has established a sister company, CemteQ Building Solutions (Pty) Ltd, that specialises in developing and marketing unique, value-adding products for the building and construction industries. Initially CemteQ will focus on using high quality Perlite produced by Sun... 

Osisko acquires royalty on Dublin Gulch property

By: Nadine James     9th March 2018 Precious metals streaming company Osisko Gold Royalties has signed a term sheet with Victoria Gold to acquire a 5% net smelter return (NSR) royalty on the Dublin Gulch property, which hosts the Eagle Gold project, in Yukon, Canada, for C$98-million. Osisko will receive a 5% NSR royalty on all... 

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