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A dedicated team from opencut mining contractor Moolmans will oversee the ramp-up of contract mining to full operations by April 1, at Black Mountain Mining’s (BMM’s) Gamsberg mine, in the Northern...
JSE-listed Aveng confirmed on February 19 that its contract mining subsidiary Moolmans had concluded a new 60-month contract, valued at about R10.6-billion, at the Gamsberg zinc mine, in the...
JSE-listed engineering-led contractor Aveng has reported an 8.1% decline in revenue to R16.6-billion for the six months ended December 31, 2024, down from R18.6-billion in the prior period. The...
The share price of JSE-listed Aveng fell by more than 31% on February 14 after the company advised that it was likely to report a loss a share of between A$0.253 and A$0.254 and a headline loss a...
JSE-listed Aveng, through its subsidiary Aveng Africa, on November 28 entered into a sale of shares agreement with Collins Property Group for the 30% interest Aveng holds in the issued share...
Construction, engineering and contract mining group Aveng has outlined plans to split its Australian and South African operations into two separate and independent entities. This demerger, which...
Construction and mining group Aveng has alerted shareholders that they can expect an earnings a share and headline earnings a share profit for the financial year ended June 30, compared with the...
JSE-listed Aveng, which recently relocated is management epicentre to Australia and changed its reporting currency from South African rands to Australian dollars, has no immediate intention of...
JSE-listed construction group Aveng has elected to change its reporting currency from the rand to the Australian dollar, effective from the six months ended December 31, 2023. With Aveng having...
The locus of JSE-listed construction group Aveng is set to shift to Australia following the appointment of Scott Cummins, who currently leads McConnell Dowell, to succeed Sean Flanagan as CEO, as...
Construction and engineering group Aveng has described the financial year ended June 30 as one of transition, characterised by a normalisation of operating activities as the group emerged from the...
JSE-listed Aveng expects to report a loss a share and a headline loss a share for the financial year ended June 30, compared with earnings a share of 106c and headline earnings a share of 252c...
Infrastructure and resources company Aveng has completed the disposal of steel solutions company Trident Steel for R1.22-billion. "Post the closing of the sale of Trident, Aveng’s South African...
JSE-listed Aveng remains on track to settle the remaining R353-million of its South African legacy debt this year, CEO Sean Flanagan said on February 21. At its height in 2018, this debt amounted...
JSE-listed Aveng expects to report a 13% to 17% year-on-year drop in earnings for the six months ended December 31. In conjunction with the softer operating earnings and flat earnings for period,...
Contract mining firm Moolmans, which is a subsidiary of JSE-listed Aveng, has entered into a new five-year contract, valued at about R7-billion, with its long-standing client and South African...
ASX-listed Jupiter Mines recorded a consolidated net profit of $33-million for the half-year ended August 31, on the back of its $46-million share of net profit from its investment in Tshipi é Ntle...
JSE-listed Aveng has entered into an agreement to sell Trident Steel as a going concern for R700-million, following what it acknowledges to have been a “protracted and difficult” disposal process...
JSE-listed Aveng says improved revenues, gross margins and operating earnings, combined with strong cash generation, were underpinned by a stronger capital base in the financial year ended June 30....
JSE-listed infrastructure and contract mining group Aveng has reaffirmed its plans to seek an international listing and also confirmed on Tuesday that it had narrowed its offshore listing focuses...
JSE-listed construction group Aveng has grown its order book to R29.1-billion as at December 31. This includes A$1.1-billion worth of work won by its Australia-focused subsidiary McConnell Dowell.
With over 15 years’ experience in supplying drilling tools and drill rigs to mining operations in Southern Africa, Beowolf Mining is widely recognised as one of the top suppliers of rock drilling...
Infrastructure and contract mining group Aveng reported headline earnings of R751-million for the year to June 30, 2021, the company’s first positive headline earnings performance since June 2014....
With commodity prices on the rise, heralding the advent of a potential super-cycle in the mining industry, the current focus is on the availability of larger yellow metal equipment. Here is where...
Infrastructure and contract mining group Aveng reports that its earnings recovery – initially reflected in December interim results that showed positive earnings for the first time since 2014 – is...
JSE-listed Aveng has successfully completed its follow-on rights offer on June 4, raising total new capital of R100-million. The follow-on rights offer comprised of R89.5-million of follow-on...
JSE-listed Aveng intends to launch a follow-on rights offer of 6.7-billion ordinary no par value shares and class A shares. The follow on rights offer will be made to qualifying shareholders at...
International infrastructure and resources company Aveng intends to launch a further co-underwritten, renounceable rights offer to raise an additional R100-million from shareholders. Aveng,...
JSE-listed construction group Aveng has successfully completed its rights offer, raising more than R300-million through the issue of about 20-billion shares at 1.5c apiece. The company says the...
Infrastructure and contract mining group Aveng, which is at the tail-end of a far-reaching restructuring exercise that has been under way since 2017, has reported its first positive earnings since...
JSE-listed construction group Aveng has announced that has finalised all conditions to raise R300-million by way of a rights offer, with the opening scheduled for March 1 and closing on March 12....
Construction company Aveng intends to raise R300-million by way of a fully co-underwritten renounceable rights offer so that it may restructure its balance sheet, which will allow the group to...
Infrastructure and contract mining group Aveng has expressed confidence that its recently unveiled debt restructure and recapitalisation plan will provide the “reset” required for its two...
Infrastructure and resources company Aveng's share price on the JSE rose by 50% on Wednesday, after it announced that it was making progress with its balance sheet restructuring and...
Ivanhoe Mines is updating the figures for an updated bankable feasibility study and phased development plan for the preliminary economic assessment for the Platreef operation.
Ivanhoe has received several expressions of interest from streaming companies interested in the Platreef project.
Ivanplats has successfully completed the sinking of Shaft 1 of the Platreef mining licence.
Construction and engineering group Aveng reports that the group’s South African contract-mining subsidiary, Moolmans, has recommenced full operations at the majority of its opencast contracts,...
Ivanhoe Mines has temporarily suspended site activities at the Platreef project.
Construction company Aveng has taken various measures aligned with restrictions amid the global Covid-19 outbreak at its operations in South Africa, Australia, New Zealand, Singapore, Malaysia,...
Infrastructure and resources group Aveng, which is at the tail-end of a far-reaching restructuring exercise that has already resulted in disposals collectively valued at R1-billion, reports that...
Ivanhoe Mines has reported progress at the Platreef project.
Infrastructure and resources group Aveng, which is at the tail-end of a far-reaching restructuring exercise that has already resulted in disposals collectively valued at R1-billion, reports that...
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