Mining News

Afrimat closes Coza buyout; starts production at Jenkins

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Construction materials and industrial minerals supplier Afrimat reports that all conditions precedent to a sales share agreement to buy 100% of the issued ordinary shares of Coza Mining, totalling R300-million, have been fulfilled, making the transaction unconditional.

With the completion of the acquisition, Afrimat says production has started at the Jenkins mine, in the Northern Cape, which forms part of the Coza transaction.

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