Tag:
Afrimat
Ghost Bites
Ghost Bites (Blu Label | City Lodge | Equites Property Fund | Gold Fields | Jubilee Metals | Kumba Iron Ore | Mondi |...
Vukile Property Fund wants to raise more capital. Mining houses Gold Fields, Kumba Iron Ore and Jubilee Metals released updates. Equites Property Fund has encouraging metrics. Mondi had a tough time in 2025. City Lodge is having a slow start to the year. Blu Label's numbers are still complicated.
Ghost Bites
Ghost Bites (Araxi | Aveng | DRDGOLD | Glencore | Grindrod | Merafe | Pan African Resources | Sibanye-Stillwater | Transpaco)
Araxi announced the R1 billion acquisition of Pay@. Grindrod's core business is performing well. DRDGOLD, Glencore, Pan African Resources and Sibanye-Stillwater brought us a busy day of mining results. Merafe has been given a temporary lifeline by Eskom. Transpaco is struggling, while Aveng is at least slightly in the green now on HEPS.
Ghost Bites
Ghost Bites (Afrimat | BHP | MTN | Sirius Real Estate)
Afrimat is firmly between a rock and a hard place. BHP released excellent interim results. MTN is moving ahead with the acquisition of IHS. Sirius Real Estate raised nearly R1.7 billion for acquisitions in Germany.
Ghost Bites
Ghost Bites (AECI | Stefanutti Stocks | Telkom)
Telkom is telling a positive story in prepaid - and the market likes it. AECI's margins are jumping around, but earnings are up overall. Stefanutti Stocks has achieved a further increase in the order book.
Ghost Bites
Ghost Bites (Glencore | Grindrod | Northam Platinum | Primary Health Properties | Shuka Minerals | Tharisa)
With SENS kicking into life, normal daily programming should resume soon. In the meantime, this catch-up edition deals with mining news from Glencore, Northam Platinum, Tharisa and junior house Shuka Minerals. Grindrod is enjoying strong port volumes in Mozambique. Primary Health Properties is off to a good start in life-after-Assura.
Ghost Bites
Ghost Bites (Fairvest | Mantengu | Premier Group – RFG Holdings)
Premier and RFG Holdings shareholders gave a resounding approval to the deal that will combine the groups. Fairvest is investing deeper in township fibre. Mantengu has commissioned the second chrome processing plant.
Ghost Bites
Ghost Bites (African Rainbow Minerals | Blu Label – Cell C | Gold Fields | Vodacom)
Cell C has announced its intention to list on the JSE, with Blu Label getting more restructuring steps out the way. Vodacom has settled the Please Call Me matter for an undisclosed sum. Gold Fields is taking advantage of high gold prices. African Rainbow Minerals' Beeshoek Iron Ore Mine is a casualty of ArcelorMittal.
Ghost Bites
Ghost Bites (4Sight | Adcorp | Afrimat | ASP Isotopes | Clicks | Labat Africa | Raubex | Sasol)
Sasol set tongues wagging with a production update and a sharp rally in the share price. Afrimat's share price also moved much higher thanks to positive momentum. Clicks released great numbers, while financial updates came through from 4Sight, Adcorp and Raubex as well. In deal news, ASP Isotopes is making an acquisition in the US and Labat Africa is selling the cannabis assets.
