Modern Quarrying Q3 2018

ON THE COVER

The acquisition of Demaneng mine and the subsequent creation of a Commodities Segment set Afrimat on a seemingly new direction, but it is the fundamental synergies that have made the operation a fitting business for the leading open-pit mining company. Following a meticulous turnaround strategy, the previously distressed operation has already been set on a sustainable growth path, writes Munesu Shoko . INTO NEW TERRITORY

L ast year’s acquisition of Demaneng, previously known as Diro Manganese Proprietary Limited and Diro Iron Ore Proprietary Limited, gave Afrimat a foot into the commodities market, further allowing the company to expand its already massively diversified product offering. Following the transaction, Afrimat created a new Commodities Segment, adding to its traditional industrial minerals and construction materials portfolio. Grant Dreyer, Head of Business Development and Group Strategy at Afrimat, says iron ore was a logical next step for the open-pit mining giant, given the operational aspects are so similar. There are fundamental

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MODERN QUARRYING QUARTER 3 - 2018