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Omnia lifts FY18 profit by 12% y/y 

By: Anine Kilian     26th June 2018 JSE-listed Omnia Holdings posted positive results for the financial year ended March 31, with group revenue having increased by 7% year-on-year to R17.37-billion, as a result of a stronger performance by the mining and chemicals divisions. Earnings before interest, taxes, depreciation and... 

Omnia still pursuing North American entry after Nordex offer is withdrawn

By: Megan van Wyngaardt     22nd August 2016 JSE-listed Omnia Holdings has withdrawn and terminated its offer to acquire all of the issued and outstanding shares of Canadian firm Nordex Explosives. The chemicals company on Monday said Nordex shareholders had approved the change of control private placement and going private transaction with... 

Nordex closes going-private transaction with EPC

By: Henry Lazenby     20th August 2016 Canadian explosives maker and distributor Nordex has closed a going-private transaction with Société Anonyme d’Explosifs et de Produits Chimiques (EPC). Nordex was amalgamated with 9867244 Canada, an indirect wholly owned subsidiary of EPC, with an effective date of August 19. The company... 

Omnia asks TSX-V to deny or reprice Nordex going-private placement

By: Henry Lazenby     12th August 2016 Johannesburg-based Omnia Holdings has submitted a letter to the TSX-V asking it to consider denying or repricing a proposed change-of-control transaction through which Société Anonyme d’Explosifs et de Produits Chimiques (EPC) intends to take Canadian firm Nordex Explosives private. According to... 

Omnia urges Nordex shareholders to accept its buyout offer

By: Creamer Media Reporter      21st July 2016 JSE-listed Omnia Holdings believes its C$0.20 a share all-cash offer to acquire Canadian firm Nordex Explosives still provides the highest value to Nordex shareholders. This comes after Nordex on July 18 announced that another bidder, Société Anonyme d'Explosifs et de Produits Chimiques (EPC),... 

South Africa’s BME to make play for Canadian explosives firm

By: Creamer Media Reporter      15th July 2016 JSE-listed Omnia Holdings will, through its BME subsidiary, make an all-cash offer to acquire Canadian firm Nordex Explosives for C$0.20 a share. “Today, we are announcing our intention to make this premium all-cash offer to Nordex shareholders. Unfortunately, the directors of Nordex were unable... 

Australian opencast mine completes world’s largest blast

By: Kimberley Smuts     6th May 2016 The Daunia opencut coal mine, in the north-eastern state of Queensland, Australia, broke the world record for the largest-ever electronic detonator blast in December, firing 5 665 detonators in 2 683 blastholes using the South Africa-developed AXXIS digital initiation system from explosives firm... 

Atlatsa adds mining heavyweights to board

By: Natalie Greve     30th June 2014 Following the company’s yearly general meeting on Friday, triple-listed Atlatsa Resources has appointed chief commercial officer (CCO) Joel Kesler as executive director and former Anglo American Platinum (Amplats) CEO Ralph Havenstein as independent nonexecutive director, with effect from June... 

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