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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

City of Cape Town transport head Melissa Whitehead suspended

By: News24Wire      19th January 2018 A senior transport head in the City of Cape Town has been suspended as a result of the alleged covering up of irregularities in which embattled Mayor Patricia de Lille is implicated. Council members met for a special sitting on Friday to discuss, among other things, allegations of fraud and... 

Oil and gas firm Efora says deal to buy Belton Park lapses

By: African News Agency      2nd January 2018 Oil and gas company Efora Energy said on Tuesday its agreement to acquire the assets and operations of Belton Park Trading 134 had lapsed after outstanding conditions were not fulfilled. In October, Efora said it was buying Belton Park, which markets and sells petroleum products for an aggregate... 

Savannah Resources declarise maiden estimate at Mina do Barroso

By: Megan van Wyngaardt     18th December 2017 Aim-listed Savannah Resources has declared a maiden mineral resource estimate of 3.2-million tonnes at 1% lithium dioxide (Li₂O) for its Reservatorio deposit, at the Mina do Barroso lithium project, in northern Portugal. Reservatorio is one of three targets currently being advanced as part of the... 

Too soon to despair

By: Martin Zhuwakinyu     15th December 2017 Question marks have been hanging over the Africa Rising narrative in recent times, with sceptics pointing to faltering gross domestic product (GDP) growth in many countries on the continent. But is this sweet dream dead in the water? For the uninitiated, this snappy appellation was coined to... 

Finders says shareholders are rejecting Eastern Field offer

By: Mariaan Webb     14th December 2017 Takeover target Finders Resources said on Thursday that Eastern Field Developments has not yet received a single acceptance of its A$0.23-a-share offer for the company, despite the bid having been open for 22 days. “The overwhelming support from shareholders is an emphatic rejection of Eastern... 

Finders says Eastern Field offer acceptances low

By: Creamer Media Reporter      12th December 2017 Shareholders representing 33.19% of ASX-listed Finders Resources have indicated that they do not intend to accept a takeover offer from Eastern Field Developments, the takeover target reported on Tuesday. The company said that Taurus Funds Management, which represent 11.31% of Finders shares on... 

NTPC to acquire stressed power assets, but sets domestic coal condition

By: Ajoy K Das     6th December 2017 Indian government-owned and -operated power producer NTPC has decided to acquire “stressed thermal power plants”, but only those that are equipped to use domestic coal as a feedstock. The country’s largest power utility, NTPC, will pursue inorganic growth by acquiring thermal power projects... 

Idle power capacity rises in India as coal, natural gas shortages spread

By: Ajoy K Das     30th November 2017 India is facing a sharp rise in idle power generation capacity triggered by shortages of coal and natural gas feedstock. According to information collated from government data, as much as 11 500 MW of thermal power generation capacity across 36 power plants were lying idle for want of coal. 

Precast concrete industry drives sustainable employment and skills development in construction

     29th November 2017 Leading participants in the precast concrete industry are creating sustainable employment opportunities, while contributing towards skills development in the South African construction sector. This stands out as a major industry milestone for Willie de Jager, managing director of Corestruc, a... 

Growing domestic demand at heart of plan to create a million manufacturing jobs 

By: Terence Creamer     24th November 2017 The Manufacturing Circle released a plan on Friday outlining how South Africa could create a million jobs over a ten-year period through pursuing a series of reforms designed at stimulating demand for South African manufactured products and improving the investment climate. The 48-page document,... 

African operations shine as PPC delivers higher H1 earnings

By: Natasha Odendaal     23rd November 2017 Cement producer PPC produced double-digit earnings for the first half of the 2018 financial year, with the JSE-listed group’s rest of Africa cement operations delivering a shining performance. For the six months ended September 30, net profit attributable to PPC shareholders increased by 188% to... 

Accelerate ends half-year on strong note, acquires Poland portfolio

By: Megan van Wyngaardt     20th November 2017 Despite the uncertain macroeconomic and political environment, the value of Accelerate Property Fund’s property portfolio increased by 30% year-on-year to R11.8-billion in the six months ended September 30, resulting in a total gross lettable area (GLA) of 637 577 m², it said on Monday. The... 

Korab takes another look at Winchester

By: Esmarie Swanepoel     17th November 2017 ASX-listed Korab Resources has initiated an update to the prefeasibility study (PFS) of its Winchester magnesite project, in the Northern Territory, with the aim of incorporating the recent increase in global magnesium carbonate prices, potential changes to the mine lay-out and openpit contours,... 

GoviEx Uranium granted exploration permit for Agaliouk tenement

By: Creamer Media Reporter      15th November 2017 TSX-V-listed GoviEx Uranium has been granted an exploration permit for its Agaliouk tenement, adjacent the Madaouela project, in Niger. Agaliouk adds 11.67-million pounds triuranium octoxide (U3O8) in the measured and indicated categories and 9.35-million pounds U3O8 in the inferred category to... 

Few cities have experience to deliver smart city systems

By: Schalk Burger     14th November 2017 Transforming the world by 2030 to meet the United Nations Sustainable Development Goals will require the establishment of more smart cities, information and communication technology multinational Huawei industry, marketing and solution department CTO Joe So told delegates at the Smart City World... 

New acquisition boosts Dipula’s portfolio value to R8.5bn

By: Natasha Odendaal     10th November 2017 JSE-listed real estate investment trust Dipula Income Fund plans to acquire a mixed portfolio from an undisclosed seller for R1.27-billion. The portfolio comprises two retail properties in Gauteng, namely Chilli Lane and Chilli on Top, boasting an aggregate 18 433 m² of space; five office... 

Korab gets export capacity at Darwin

By: Esmarie Swanepoel     8th November 2017 Diversified explorer Korab Resources has inked a non-binding heads of agreement (HoA) with the Darwin Port operator to export some 500 000 t/y of magnesite rock through the port. The HoA included sub-leasing of the land, access to various port facilities, the use of loaders and other equipment,... 

Transformation a critical conversation point as progress remains slow

By: Natasha Odendaal     7th November 2017 Transformation in South Africa, and the approaches taken to realise those ambitions, has been revived as an urgent imperative among proponents in the engineering sector, as questions have emerged as to how far off the mark the industry, and the country, is in progressing towards a more inclusive... 

Galileo to fast-track exploration at Zambia zinc project

By: Anine Kilian     6th November 2017 Aim-listed Galileo Resources has appointed Africa Technical Consultants to assist with, and provide services for, a fast-track exploration programme at its Star Zinc project, in Zambia. This is the first step in the company's objective to upgrade the project’s current noncompliant resource and to... 

Reforms, business models key to unlocking private sector investment for climate change – IFC

By: Natasha Odendaal     2nd November 2017 Smart policy reforms and innovative business models can unlock the trillions of dollars in private investment that is needed to ensure Africa meets its climate targets as agreed to in the landmark Paris Agreement. The private sector, boasting innovation, the financing and resources, is considered... 

Sub-Saharan Africa sets another record for number of business reforms

By: Natasha Odendaal     31st October 2017 Sub-Saharan African countries have set a new record, for the second consecutive year, for the number of business reforms undertaken during 2016/17, a new World Bank report shows. The ‘Doing Business 2018: Reforming to Create Jobs’ report, now in its fifteenth year, reported that 83 business... 

Need for production cap in new Indian mineral policy flagged

By: Ajoy K Das     31st October 2017 With a new National Mineral Policy (NMP) in the works, India’s Ministry of Environment and Forests (MoEF) has flagged the need for mineral production caps to be set. The Ministry has said that since the focus in the revision of the NMP 2008 is on sustainable mining, environmental protection and... 

Solar power projects, Egypt

By: Sheila Barradas     20th October 2017 The Egyptian Electricity Transmission Company hopes to increase Egypt’s power generation capacity through the construction of 11 greenfield solar power plants. 

Ashanti Gold’s sampling programme showing good gold recovery potential at Anumso

By: Natasha Odendaal     13th October 2017 Recently completed and assayed soil grab samples from the Anumso gold project, in Ghana, have revealed “exciting new target discoveries”, with preliminary metallurgical testwork on material showing “very encouraging” results with high levels of gold recovery. In an exploration update to the... 

Altus sets out intention to buy Legend Gold

By: Ilan Solomons     11th October 2017 Africa-focused exploration project generator Altus Strategies has signed a nonbinding letter of intent to buy gold exploration company Legend Gold Corp – a TSX-V-listed company with a portfolio of gold projects in Mali. Aim-listed Altus plans to acquire a 100% interest in Legend and is offering... 

Echo Polska acquires Polish retail property portfolio

By: Schalk Burger     11th October 2017 JSE-listed Echo Polska Properties has acquired a portfolio of 12 retail properties – of which eight are shopping centres and four are retail parks, with more than 620 stores – across Poland. The portfolio has an aggregate gross lettable area (GLA) of about 450 000 m2 – doubling the GLA of Echo... 

NTPC to ratchet up coal production from captive mines

By: Ajoy K Das     11th October 2017 India’s largest power utility, NTPC, is aiming to source as much as 67% of its thermal coal requirement from captive mines within the next year. NTPC, which has been allocated ten coal blocks for captive mining, has already initiated a process of opening technical bids, awarding contracts and... 

Gold, zinc explorers spearhead reversal of five-year global exploration downturn

By: Samantha Herbst     10th October 2017 Boosted by increased exploration efforts in the gold and zinc sectors, the global nonferrous exploration budget is up in 2017 – for the first time since 2012 – by more than 14%, year-on-year, to $7.95-billion, according to new analysis by S&P Global Market Intelligence. The twenty-eighth edition... 

Glencore to acquire Chevron’s South Africa, Botswana assets for $973m

By: Anine Kilian     6th October 2017 JSE-listed Glencore has entered into an agreement with Off The Shelf Investments Fifty Six (OTS) to acquire a 75% interest in Chevron South Africa, as well as a 100% interest in Chevron Botswana, for an aggregate consideration of $973-million. The assets comprise the interests of the Chevron... 

CRG says needs cash injection of at least $20m

By: Creamer Media Reporter      5th October 2017 Aim- and AltX-listed Central Rand Gold (CRG) will need a cash injection of at least $20-million to remain a listed, operational mining group. The group has, in recent months, warned of its negative financial position. 

Coal of Africa sells Mooiplaats

By: Martin Creamer     2nd October 2017 The sale of the Mooiplaats Colliery is the final step in Coal of Africa’s balance sheet restructuring strategy, setting the course for the company to become a self-sufficient mid-tier coal mining company, CEO David Brown said on Monday. Mooiplaats, which has been on care and maintenance since... 

Concor Gives Port Alfred To Fish River Road Vital Upgrade

     2nd October 2017 Extensive realignment and rebuilding of the R72 route from Port Alfred to the Fish River by Concor Infrastructure will make this busy route safer and more suited to heavier traffic. Concor Infrastructure, previously known as Murray & Roberts Infrastructure, is part of Concor Construction which... 

Captive coal production outperforms merchant miners in India

By: Ajoy K Das     29th September 2017 India’s captive miners of coal are outperforming merchant miner Coal India Limited (CIL) in terms of production growth. CIL, which accounts for more than 80% merchant sales, produced 175.88-million tons between April and August 2017, which was down 1.7-million tons on its production a year earlier. 

Aluminium company achieves positive results

     29th September 2017 Aluminium supplier and exporter Hulamin delivered a strong manufacturing performance and improved financial results for the half-year ended June 30, despite difficult market conditions and the rand being 14% stronger compared with the corresponding period in 2016, says Hulamin CEO Richard Jacob.... 

Development of Rainbow Rare Earths’ Burundi project advancing on schedule  

By: Creamer Media Reporter      19th September 2017 LSE-listed Rainbow Rare Earths has started mining ore from the Gasagwe pit at its Gakara rare earth project, in Burundi. CEO Martin Eales on Tuesday said the company was firmly on track to deliver its first shipment of concentrate from the mine in the fourth quarter of this year. 

Colourful Concrete That Glows After Dark

     15th September 2017 Chryso Southern Africa has launched a new product that adds an attractive luminous glow to concrete surfaces after dark. LuminTech®, the impressive new addition to Chryso’s wide range of decorative concretes, comprises a variety of different luminescent particles that are applied to the surface... 

Dawn to sell stake in GDW

By: Creamer Media Reporter      14th September 2017 JSE-listed Distribution and Warehousing Network’s (Dawn’s) share price rose by 21% on Thursday morning after the company confirmed that it would sell its 49% interest in Grohe Dawn Watertech (GDW) to Lixil Corporation, which owns the other 51% of GDW. The sale follows the announcement in July... 

Allan Gray increases shares in Caledonia

By: Anine Kilian     5th September 2017 Triple-listed gold miner Caledonia Mining’s largest significant shareholder, investment services provider Allan Gray, has increased its interest in the company from 1.17-million common shares (11.06% of the shares in issue) to 1.26-million common shares (11.91% of the shares in issue), making... 

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