Moolmans secures R10.6 billion contract for Gamsberg Mine
20 February 2025

Aveng's mining subsidiary, Moolmans, has secured a 60-month, R10.6 billion (A$911 million) contract with Black Mountain Mining (Pty) Ltd, jointly owned by Vedanta and Exxaro Resources, for the Gamsberg Mine in the Northern Cape, South Africa.

Read the full story here.
AVENG RELEASES INTERIM FY25 RESULTS
19 February 2025

Click the Link below to view the PDF.

Read the full story here.
Aveng releases robust year-end results demonstrates resilience with a return to profitability and positive cash generation
21 August 2024

Aveng (JSE code: AEG) today reported final results for the year ended 30 June 2024, delivering a robust performance and showing a return to profitability and positive cash flow.

Read the full story here.
Aveng delivers positive interim results
19 February 2024

Today Aveng Limited (JSE code: AEG) released strong results for the interim period ended 31 December 2023, returning to profitability and positive cash generation.

Read the full story here.
Changes to executive management and appointment of director
22 November 2023

The Aveng Board is pleased to announce planned changes to the executive management of the Company. Sean Flanagan, the Group Chief Executive Officer, will retire as CEO with effect from 1 March 2024.

Read the full story here.
Aveng slumps almost 20% after warning of hit from project delays
13 April 2023

Shares of construction and engineering group Aveng slumped almost a fifth on Thursday, after it warned that its Australasian specialist contract McConnel Dowell is expected to post an operating loss in its year to end-June, with the company hit by extra costs related to a delayed gas project in the Philippines.

Read the full story here.
Aveng sells Trident Steel for R700 million
06 October 2022

Trident was the last major asset to be sold in terms of the restructuring and since 2017 some R1.1 billion of businesses have been sold.

Read the full story here.
Aveng soars on news of advanced talks to sell Trident Steel
13 June 2022

The share price of infrastructure and mining services group Aveng gained the most in more than six months after it said it is in advanced talks to sell the last remaining significant asset that formed part of a disposal strategy dating back to 2018, Trident Steel.

Read the full story here.
Aveng clarifies its position after judgment on arbitrator challenge
26 May 2022

Construction engineering company Aveng Africa on Thursday said it had paid Fifty Seven on Maude while fully reserving its rights all of the penalties levied by the latter for failure by the construction company to finish The Leonardo by the agreed completion date.

Read the full story here.
Stefanutti, WBHO and Aveng settle multi-million-rand civil damages claim
19 May 2022

JSE-listed construction companies Stefanutti Stocks, WBHO and Aveng have agreed to settle the long-standing multi-million-rand civil damages claim against them by the City of Cape Town.

Read the full story here.