Infrastructure and resources group Aveng said on Friday that an improved performance from its infrastructure and mining subsidiaries would help it reduce losses in the six months to end-December 2019.

This represents a major turnaround in the performance of Aveng’s mining contractor Moolmans after the subsidiary’s poor performance in the 2019 financial year. In the year ended June 30 2019, Moolman reported a R372m operating loss...

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