Mining and construction materials group Afrimat, which is in the process of acquiring two mining assets, says it is eyeing even more acquisitions after the Covid-19 pandemic proved the value of having diversified operations.

High iron ore prices helped cushion the blow from a slump in demand for construction materials and industrial minerals during the group’s half-year ended August, when the group saw double-digit operating profit growth...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now