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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

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... 

South African rand likely to weaken on expectations for rating cuts

By: Reuters     7th September 2017 South Africa's rand is forecast to be 7% weaker in 12 months on expectations credit agencies will cut the local- currency debt rating to "junk" status, ejecting it from crucial bond indexes, a Reuters poll found. The rand touched its strongest level in two-and-a-half months at 12.73 per dollar on... 

Cabinet to review plan to merge State-owned telecoms firms

By: Reuters     5th September 2017 A plan to merge two of South Africa's state-owned telecom firms into a single broadband network company will be reviewed by the cabinet in December, a senior government official told lawmakers on Tuesday. The government hopes to combine the fibre network and high-speed bandwidth capacity of... 

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... 

Texton geared for tough year ahead

By: Natasha Odendaal     4th September 2017 JSE-listed Texton Property Fund is battening down the hatches and tightening its defensive strategy in a tough market that is only set to get tougher. Despite increasing uncertainty facing both the South African and UK markets, the real estate investment trust (Reit) is optimistic that it can... 

Bidvest FY17 performance improves, shows resilience, says CEO

By: Natasha Odendaal     28th August 2017 JSE-listed Bidvest improved its financial performance for the year ended June 30, revealing the benefits, particularly within the South African trading operations, of its well-diversified portfolio following its unbundling of Bid Corporation (Bidcorp) - rebranded as Bidfood - last year. As the... 

Regency completes partial sale of UK oil and exploration project

By: Creamer Media Reporter      24th August 2017 Aim-listed Regency Mines has completed the sale of a 1.9% interest in Horse Hill Developments (HHDL), the special purpose vehicle owning an oil and gas licences in southern England. Regency sold the 19 shares in HHDL to UK Oil and Gas Investments (UKOG) for £323 000 in cash and shares. UKOG now... 

Sula raises money for Ferensola project

By: Anine Kilian     21st August 2017 Aim-listed exploration and development company Sula Iron & Gold has secured subscriptions for an aggregate of £900 000 through the issue of about 616-million new ordinary shares of the company at a price of 0.146p per ordinary share. The net proceeds of the subscription will fund the company's... 

Firms joining forces to raise $500m for mining projects, particularly in Africa

By: Ilan Solomons     18th August 2017 Mining investment advisory company MX Mining Capital Advisors and law firm Norton Rose Fulbright South Africa are collaborating to assist in raising about $500-million in finance for mining projects worldwide and for Africa based ones in particularly. MX Mining is focused on raising capital and... 

What Is Your Real Cost Per Ton?

     14th August 2017 When mines go out to tender on the goods and services they require, procurement officers should be looking beyond the service provider’s rates to the contribution they make to the mine’s cost per ton of minerals produced; not an easy task when there are so many hidden factors at play. In fact,... 

Murray&Dickson Construction Sol Plaatje University

     11th August 2017 Murray & Dickson Construction Group adds finishing touches to showpiece building The completion of the new Sol Plaatje University library and resource centre in September 2017 will reinforce Murray & Dickson Construction Group’s standing as a specialist contractor associated with complex building... 

Review trade agreements to put South Africa first, Mathunjwa suggests 

By: Natasha Odendaal     10th August 2017 The Association of Mineworkers and Construction Union (AMCU) wants to have South Africa’s “unfavourable” trade agreements reviewed and potentially amended as the country struggles to industrialise and beneficiate, exacerbating the current jobs “bloodbath” in the mining sector. Speaking at a media... 

Omnia acquires Umongo to strengthen its chemical business

     10th August 2017 Chemical services business Omnia Group’s acquisition of a 90% stake in Umongo Petroleum, effective from 1st March this year, will create new opportunities for Omnia’s chemical business by broadening its current offering and strengthening its sub-Saharan Africa strategy. 

Nautilus completes $2-million private placement

By: Natasha Odendaal     7th August 2017 TSX-listed Nautilus Minerals has closed its $2-million private placement under a subscription agreement with Mawarid Offshore Mining and Metalloinvest. The company issued an aggregate of 11.76-million common shares at an issue price of C$0.21 a share. 

Mantos acquires Rio Tinto's shares in Mason Resources

By: Samantha Herbst     7th August 2017 Pursuant to a share purchase agreement with diversified mining major Rio Tinto subsidiary Rio Tinto Holdings, and Canadian mineral exploration and development company Turquoise Hill Resources, Bermuda-based Mantos Copper will acquire about 13-million shares in copper development company Mason... 

Howards Quarry Meets Much Asphalt Standards With Quality Dolerite Stone

     7th August 2017 High quality dolerite aggregate from B&E International’s Howards Quarry at eMalahleni is keeping Much Asphalt’s nearby static plant well stocked to produce asphalt for the N4 highway project and developments as far as Nelspruit over 200 km east. As one of southern Africa’s largest commercial... 

AfriSam Readymix For Unique Dynamic’s Droogheuwel Reservoir Project

     7th August 2017 Gauteng continues to be an urban magnet drawing job seekers from far and wide, making the Droogheuwel municipal bulk water reservoir in Randfontein a vital piece of infrastructure to keep sufficient water flowing to the growing area of Randgate. Hard at work on this 20 megalitre reservoir is the... 

Gold deals underpin second-quarter M&A activity

By: Esmarie Swanepoel     4th August 2017 The value of global merger and acquisition (M&A) activity in the second quarter of 2017 increased by 13% on the previous quarter, to $14.8-billion, and by some 71% on the previous quarter, advisory firm EY reported. While deal volumes during the quarter declined slightly from 117 deals in the... 

MTN sets out to prove it’s the best custodian of emerging market assets after H1 recovery

By: Natasha Odendaal     3rd August 2017 As telecommunications giant MTN starts to recover from a turbulent 2016, new CEO Rob Shuter is laying the growth foundation to leverage future opportunities through an enhanced six-pillar strategy. Shuter, who took the reins in mid-March, unveiled the development of a new growth plan – dubbed... 

Stratex swings to profit as it sells Turkey mine

By: Mariaan Webb     3rd August 2017 Aim-quoted Stratex International on Thursday reported a half-year profit after the sale of its interest in the Altıntepe gold mine, in Turkey, helped to boost its coffers. The developer posted a profit of £880 216 in the six months ended June, which compares with a loss of £1.98-million in the... 

Goldcorp acquires all outstanding Exeter shares

By: Anine Kilian     3rd August 2017 After securing an 80.5% interest in TSX-listed Exeter Mining in June, Canadian gold mining major has acquired the remaining issued and outstanding Exeter shares for 0.12 of a common share of Goldcorp for each outstanding Exeter share. Dual-listed Goldcorp will issue an aggregate of up to... 

Rio launches $1bn share buyback

By: Esmarie Swanepoel     3rd August 2017 Diversified major Rio Tinto on Thursday provided more details of the $1-billion share buyback programme, announced in its interim results a day earlier. The $1-billion buyback is in addition to the $500-million buyback programme announced in February this year. Some $300-million of the original... 

Premier African Minerals secures new funding

By: Natasha Odendaal     31st July 2017 Aim-listed Premier African Minerals on Monday announced a series of funding agreements that will allow the multicommodity mining and natural resources development company to increase its stake in Ethiopia-based Circum Minerals and fast-track exploration efforts at its wholly-owned Zulu lithium... 

Hulamin lifts H1 earnings, eyes further improvements

By: Natasha Odendaal     31st July 2017 JSE-listed Hulamin’s financial report for the half-year ended June 30 shows a continued uptick in earnings, with expectations that the upward double-digit momentum will continue into the second half of the year. The company on Monday reported a 17% rise in basic and headline earnings a share to... 

Northam acquires PGM recycling equipment, property in US 

By: Natasha Odendaal     28th July 2017 JSE-listed Northam Platinum is marking its entry into platinum-group metals (PGM) recycling through an aggregate $10.7-million acquisition of PGM recycling equipment and property in the US. Entering into binding transaction agreements, Northam will acquire multiple ceramic catalytic converter... 

India’s Coal Ministry to extend coal linkage offer to all IPPs

By: Ajoy K Das     27th July 2017 India’s Coal Ministry has started the process of offering coal linkages to all independent power producers (IPPs) operating plants based on imported coal. Starting next month, the Ministry will auction coal linkages to imported coal-based IPPs that do not have power purchase agreements (PPAs)... 

India likely to defer selling stake in country’s largest miner

By: Ajoy K Das     25th July 2017 Fearing poor valuations owing to lower production and offtake, the Indian government is likely to defer plans to divest holdings in Coal India Limited (CIL). The government had planned to sell a 10% equity stake in the current financial year, but indications are that this will be deferred until... 

Joffe’s Long4Life to acquire Sportsmans, Outdoor Warehouse

By: Samantha Herbst     25th July 2017 Business mogul Brian Joffe’s new investment holding company, Long4Life, which recently debuted on the JSE, has announced its intention to acquire local cash retailer Holdsport, which trades as Sportsmans Warehouse and Outdoor Warehouse. With Long4Life’s offer being implemented by way of a scheme... 

Prophecy picks-up fourth vanadium play this year

By: Henry Lazenby     21st July 2017 Canadian project developer Prophecy Development Corp has agreed to acquire rights to a fourth vanadium project – its second this month. The Vancouver-based project developer has entered a binding letter of agreement with Fairmont Resources to acquire the fully permitted Buttercup... 

Illegal mining threatens infrastructure development in KwaZulu-Natal

By: Robyn Wilkinson     21st July 2017 Failure to adequately regulate illegal sand mining in KwaZulu-Natal is increasingly becoming a threat to the mining and construction sectors in the region, says Aggregate and Sand Producers Association of Southern Africa (Aspasa) director Nico Pienaar. 

New screening processor launched to South African Market 

     20th July 2017 New screening technology to the South African mining market, the MS 703 EVO, has been introduced by mobile crushing and screening equipment supplier Kleemann in June. Victor Moolman tells us more. 

Lithium Americas inks investment agreement with Thai energy company

By: Samantha Herbst     18th July 2017 Niche minerals company Lithium Americas has closed an investment agreement with BCP Innovation, a wholly owned subsidiary of Thai energy company Bangchak Corporation Public Company, in which the latter has agreed to provide Lithium Americas with an aggregate of $113-million to fund a portion of... 

Western Cape water levels still alarming despite recent rainfall

By: Natasha Odendaal     17th July 2017 The Western Cape’s dam levels may have increased to an aggregate reported 25.1% on Monday, but it remains a far cry from the average level of 46% reported at the same time in 2016. Despite recent rainfall pushing the dam levels up from the 17.6% reported on May 29, the drought persisted across... 

New solutions make LNG to power a reality in Africa

By: Robyn Wilkinson     14th July 2017 Marine and energy solutions provider Wärtsilä will present solutions that provide a way for the South African government to realise its liquefied natural gas (LNG)-to-power ambitions in a realistic, cost-effective and swift manner at this year’s POWER-GEN & DistribuTECH Africa. 

Miners rewarded for improved capital discipline

By: Henry Lazenby     11th July 2017 Increased cash flows, merger and acquisition (M&A) activity and new debt issues have helped many of the world’s top miners strengthen their balance sheets in 2016, reflecting miners’ response to investor messages around capital discipline, according to new analysis from PwC Canada. "As the global... 

South Africa’s policy uncertainty pushed further into negative territory

By: Natasha Odendaal     11th July 2017 The heightened policy uncertainty, revealed by the North West University (NWU) School of Business and Governance’s latest quarterly Policy Uncertainty Index (PUI), shows an urgent need for South Africa to “get the politics right in order to get the economics right” to promote the policy certainty... 

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