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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

Coal India likely to rejig pricing

By: Ajoy K Das     26th May 2017 Coal miner Coal India Limited (CIL) is likely to adjust its pricing in the current financial year. A price adjustment would need to factor in the re-gradation of the quality of coal from CIL’s 386 mines and the impact of the Goods and Services Tax (GST), a company official has said. 

Implats finalises terms on dual bond offering

By: Natasha Odendaal     26th May 2017 JSE-listed Impala Platinum (Implats) on Friday concluded the final terms of its dual offering of R3.25-billion unsecured convertible bonds and $250-million unsecured convertible bonds, both due 2022. The platinum miner’s rand-denominated bonds will hold a 6.375% yearly interest rate, while the... 

Aggregate recycling to benefit industry

     26th May 2017 South African aggregate producers are drawing up plans to formalise the aggregate recycling industry to ensure that previously used materials are given new life, in the best possible manner. The aggregate producers’ organization Aggregate and Sand Producers Association of Southern Africa (Aspasa)... 

Civil work, settlement agreement position company for future growth

By: Nadine James     26th May 2017 A minuscule uptick in civil tenders, private sector projects and a recent development agreement with a multinational construction group have ensured that emerging construction group Motheo Construction is well positioned for future growth. One of the project’s the group has secured is the... 

Savannah aims to tap into European lithium market with 'strategic' Portugal acquisition

By: Mariaan Webb     25th May 2017 Multicommodity company Savannah Resources has announced an agreement to buy a series of highly prospective lithium prospects in Portugal, including an advanced project,as the company seeks to tap into the world’s second-largest lithium market after China. As part of the transaction to buy a 75%... 

Opinion: PBMRs could be built in old power stations due to be decommissioned 

     25th May 2017 The African Utility week saw an important and welcome announcement. Eskom’s Chief nuclear officer revealed that Eskom was reconsidering the Pebble Bed Modular reactor (PBMR). For whatever reason, work on this ground-breaking project was stopped by the South African Government in 2010. The latest... 

Afrimat to start production at Diro iron-ore mine by mid-year

By: Megan van Wyngaardt     18th May 2017 Construction company Afrimat expects to start production at its Diro iron-ore operations, in the Northern Cape, by mid-year. Afrimat CEO Andries van Heerden said during a media briefing on Thursday that the company was now in the process of refurbishing the business. “We have started... 

Coal India makes supply agreements more flexible

By: Ajoy K Das     16th May 2017 India’s largest coal miner, Coal India Limited (CIL), has loosened restrictions on its fuel supply agreements (FSAs) with provincial- and central government-owned thermal power companies. The more flexible FSAs allow companies to swap coal allocated between power stations and will enable power... 

Goldman says Fed hikes, commodity gains to come hand-in-hand

By: Bloomberg     10th May 2017 Commodities investors needn’t fear the Federal Reserve. Raw materials perform best when the US central bank is hiking rates, according to Goldman Sachs Group, which used the findings of a study to buttress its overweight call on the asset class while acknowledging risks to its view. During... 

Modest rebound in sub-Saharan Africa growth to be boosted by recedence of 2016 growth mitigating factors – IMF

By: Megan van Wyngaardt     9th May 2017 Growth momentum in sub-Saharan Africa remains fragile, the International Monetary Fund (IMF) says, noting that, with policy response being "behind the curve", pressures on sovereigns rising and spillovers to the private sector intensifying, the near-term outlook for growth in the region is likely... 

Kibo gold spin-off Katoro to list in May

By: Natasha Odendaal     5th May 2017 Aim-listed Opera Investment is eyeing May 23 as the date to cancel its admission on the London bourse – and the start of trading of newly formed spin-off Katoro Gold Mining, as the proposed sale of AltX- and Aim-listed Kibo Mining’s northern Tanzania-based gold assets is wrapped up. Opera... 

SA world’s 53rd most competitive travel and tourism destination

By: Riaan de Lange     5th May 2017 South Africa is the fifty-third most competitive travel and tourism destination in the world, according to the World Economic Forum's (WEF's) 'Travel & Tourism Competitiveness Report 2017', released on April 5. The Travel & Tourism Competitiveness Index, or TTCI, which consists of four... 

Wescoal, Keaton revise acquisition price

By: Megan van Wyngaardt     4th May 2017 JSE-listed junior miner Keaton Energy’s shares rose by 6.2% on Thursday, after it and Wescoal announced in a joint statement that the purchase price for Wescoal’s takeover of Keaton had been adjusted. Subsequent to the signing of a firm intention offer letter in February, Keaton had issued a... 

Making the most of history with the MB Crusher BF90.3 crusher bucket

     3rd May 2017 We are in Mömlingen, a small town in the heart of Bavaria, where recently-finished work has brought new splendour to one of the German town’s main squares, in front of the Church of St. Martin. A location rich in charm and historical importance, and the subject of a global restoration project for... 

Artemis completes Radio Hill buy

By: Esmarie Swanepoel     28th April 2017 ASX-listed junior Artemis Resources has completed the acquisition of the Radio Hill nickel/copper/cobalt project in Western Australia, along with $2-million of overseas institutional funding. In order to fund the Radio Hill acquisition, Artemis entered into a $2-million funding agreement by way... 

India to offer coal blocks to private investors for alternative fuel production projects

By: Ajoy K Das     26th April 2017 To open up a larger window for commercial mining of coal by private investors, having recently decided to permit such private operators in the coal mining sector, the Indian government has started identifying additional coal blocks to be auctioned for exclusive extraction of alternative fuel.... 

Reservations expressed about India’s proposed rules for commercial coal mining auctions

By: Ajoy K Das     21st April 2017 As the government readies to open commercial coal mining to private miners for the first time since 1973, prospective private investors have raised reservations about the terms and conditions laid down by the Coal Ministry. According to minutes of a meeting between the Coal Ministry and... 

Indian LNG demand to take a dip in the short term

By: Ajoy K Das     19th April 2017 Indian demand for imported liquefied natural gas (LNG) is expected to dip sharply after the government pulled the plug on a scheme supplying subsidised natural gas to power generating plants. Halting the supply of subsidised LNG is expected to shave off at least two-million tons from 22-million... 

Joffe successfully lists new Long4Life venture on JSE

By: Natasha Odendaal     7th April 2017 Business stalwart Brian Joffe, who emerged from retirement in pursuit of a new business opportunity, on Friday listed his latest venture, Long4Life, on the main board of the Johannesburg bourse. Known as the “sage of Johannesburg”, the Long4Life founder and CEO, who recently stepped down from... 

Work smarter not harder with Atlas Copco SmartROC T45

     7th April 2017 Longer drill rods, improved fuel burn and upgraded software have made the SmartROC T45 Top Hammer drill rig from Atlas Copco even smarter. This rugged and reliable machine will boost production and productivity at limestone and aggregate quarries as well as construction, open-pit and selective... 

Renewables remain a priority for African economies – WEC

By: Megan van Wyngaardt     6th April 2017 Three critical uncertainties facing South Africa this year includes commodity prices, electric storage and exchange rates, the World Energy Council’s (WEC’s) ‘World Energy Issues Monitor 2017’ suggests. The report states that, given the strong linkage of the South African economy to commodity... 

CoAL buys cash generative Uitkomst colliery while Makhado development advances

     5th April 2017 South Africa-focused Coal of Africa Limited (CoAL) has entered into a R275-million deal to acquire Pan African Resources Coal Holdings, a subsidiary of JSE-listed Pan African Resources, which holds a 91% interest in the Uitkomst colliery, in KwaZulu-Natal. The group also entered into a loan... 

Sars collects R1.1tr tax revenue 

By: African News Agency      3rd April 2017 The South African Revenue Services (Sars) announced on Monday a R1.144-trillion preliminary outcome for revenue collection for the 20176/17 tax year. This means that Sars broke the trillion rand mark for the second year in a row, in gross terms standing at R1.367-trillion. Sars said this outcome... 

Afrimat referred to Tribunal for prosecution

By: Megan van Wyngaardt     3rd April 2017 The Competition Commission on Monday referred Afrimat, through its wholly owned subsidiary Clinker Supplies, to the Competition Tribunal for prosecution for allegedly abusing its dominance by charging excessive prices. Through the subsidiary, Afrimat is a supplier of a main ingredient in clinker... 

Kaytech Reinforces Site of new Mamelodi Mall

     3rd April 2017 Kaytech’s quality separation, basal reinforcement and subgrade stabilisation solutions for the new Mamelodi Mall, east of Pretoria, resulted in significant savings for New Africa Development. With the planned Mall strategically situated in the centre of Mamelodi, a township of over half a million... 

Jonas unpacks vision for ‘radically’ changed South African economy

By: Terence Creamer     31st March 2017 The existing structure of the South African economy is not yielding the growth and employment returns required and a “new consensus” on the necessary trade-offs for igniting inclusive growth is, therefore, urgently required, Deputy Finance Minister Mcebisi Jonas argues. Speaking at the Gordon... 

India to offer free pricing, revenue sharing model to open up commercial coal mining

By: Ajoy K Das     29th March 2017 Returning to commercial coal mining for the first time since 1973, India will offer free pricing and revenue sharing contracts to investors securing coal blocks through the reverse auction route. In a working paper outlining the plans for the launch of commercial mining, the Coal Ministry... 

St Barbara approves A$100m for Gwalia extension project

By: Esmarie Swanepoel     28th March 2017 The board of gold miner St Barbara has approved a A$100-million investment to expand its Gwalia operations, in Western Australia. “The approval of the Gwalia extension project begins an exciting new phase in St Barbara’s and the Gwalia mine’s story. Gwalia started in 1896 and it just keeps... 

Orion's purchase of Prieska project to proceed

By: Esmarie Swanepoel     17th March 2017 Junior metals developer Orion Gold has ticked all the boxes to complete the acquisition of Agama Exploration & Mining, to gain a 73.33% interest in the Prieska copper mine, in South Africa. Orion on Friday said that, following the completion of a convertible note issue, the company was now fully... 

Iamgold completes $400m notes offering

By: Henry Lazenby     17th March 2017 Canadian midtier gold miner Iamgold has completed an offering of $400-million aggregate principal amount of 7% senior notes due in 2025. The company said it intends to use the net proceeds of the notes, together with existing cash on hand, towards the redemption, by April 2, of its $489-million... 

Olifants River Water Resources Development Project – Phase 2, South Africa

By: Sheila Barradas     17th March 2017 Phase 2B of the Olifants River Water Resources Development Project is under review with the DWS. 

SA vehicle exports at the ‘lower end of expectations’ in February

By: Irma Venter     17th March 2017 New-vehicle sales held steady in February, at 48 113 units, compared with the 48 144 units sold in the same month last year. This said, however, the new passenger car market declined by 4.4%, to 31 400 units. 

Jonas unpacks vision for ‘radically’ changed South African economy  

By: Terence Creamer     14th March 2017 The existing structure of the South African economy is not yielding the growth and employment returns required and a “new consensus” on the necessary trade-offs for igniting inclusive growth is, therefore, urgently required, Deputy Finance Minister Mcebisi Jonas argues. Speaking at the Gordon... 

Standout Eastern Cape learners commence student life

     13th March 2017 Two standout Eastern Cape learners who attended an Engen Maths and Science School in their area, aced their matric examinations and are now all set to pursue their tertiary studies in medicine and engineering at the University of Cape Town. Athini Mqolora achieved an impressive overall average of... 

Top learners head to Cape Town and Harvard to commence student life

     13th March 2017 The Engen Maths and Science Schools EMSS is a national initiative that addresses key skills shortages in the engineering and technical fields by providing after hours Maths and Science tuition to learners who show an advanced aptitude in the subjects.    Engen’s manager of Corporate Social... 

EPP acquires mixed-development property in Poland

By: Anine Kilian     10th March 2017 JSE-listed Echo Polska Properties (EPP) has concluded an agreement to acquire 70% of the mixed-use Galeria Mlociny shopping centre, in Warsaw, Poland. The investment will be effected through EPP’s acquisition of 70% of the equity in Rosehill Investments, for an aggregate consideration of... 

Davies confident that black industrialists will succeed

By: Creamer Media Reporter      10th March 2017 The Department of Trade and Industry is confident that the 27 black industrialists that are the grant recipients of an aggregate R577-million under the Black Industrialists Incentive Scheme will be successful. Trade and Industry Minister Dr Rob Davies believes these companies will succeed in... 

Trial castings successfully completed at foundry

By: Simone Liedtke     10th March 2017 Engineering solutions provider Weir Minerals successfully completed trial castings on new materials for the business’s Trio product range at its Heavy Bay Foundry, in Port Elizabeth, last month. 

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