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Aveng

Aveng is a South African-based construction, engineering and mining services company listed on the Johannesburg Stock Exchange. It operates across South Africa and internationally, including Australia, through subsidiaries active in infrastructure development, building, and materials manufacturing. The group has historically undertaken major civil engineering and construction projects, including roads, bridges, ports and mining infrastructure, and has supplied steel and manufacturing solutions to sectors such as mining and industrial production. Aveng has faced significant financial and operational challenges in recent years, leading to restructuring, asset disposals and a scaled-down group structure focused on core operations. Its main operating businesses include Moolmans, a mining contractor, and Built, a construction and infrastructure business. The company has been involved in South Africa's broader industrial landscape, at times intersecting with mining and steel producers such as Kumba Iron Ore, Exxaro and ArcelorMittal South Africa on infrastructure and project work. Aveng traces its origins to a series of mergers among South African construction firms, evolving over decades into one of the country's larger engineering and construction groups. It has experienced periods of expansion, including offshore ventures, followed by contraction as it worked to reduce debt and stabilise its balance sheet. The company's fortunes have often mirrored broader trends in South African infrastructure spending, mining capital expenditure and public-sector project delivery. Aveng continues to be referenced in coverage of South Africa's construction and mining services sectors.

Aveng News


The Gamsberg project
Aveng returns to operating profit, appoints new CEO as focus remains on restoring fundamentals
24th August 2026 By: Sabrina Jardim

JSE-listed Aveng has reported revenue of A$2.3-billion, or R26.4-billion, for the year ended June 30, which was 12.4% lower than the prior year, reflecting the anticipated softening of... 


South Africa’s infrastructure delivery ambitions and transport leadership take centre stage in Johannesburg this June
25th May 2026

The conversations driving South Africa’s infrastructure delivery agenda will take centre stage this June, as public and private sector leaders convene at the CPD-certified South Africa... 


The Gamsberg mine
Aveng narrows basic interim loss to A$1.5m
24th February 2026 By: Marleny Arnoldi

Infrastructure and contract mining group Aveng has reported higher gross earnings of A$69.4-million for the six months ended December 31, compared with the prior half-year's gross earnings of... 


Bridge in Tasmania
Aveng posts R1.1bn attributable loss but green shoots ahead in new financial year
19th August 2025 By: Marleny Arnoldi

JSE-listed engineering contractor Aveng has reported an attributable loss of A$92.3-million, or R1.1-billion, for the financial year ended June 30, owing to A$98.5-million worth of losses recorded... 


Aveng warns of full-year loss
9th June 2025 By: Chanel de Bruyn

JSE-listed international engineering-led contractor Aveng has warned shareholders that it is likely to report a loss for the financial year ending June 30, mainly as a result of challenges with the... 


An image of Vedanta Zinc Internationals' Gamsberg mine
Contract miner secures R10.6bn contract
28th March 2025

A dedicated team from opencut mining contractor Moolmans will oversee the ramp-up of contract mining to full operations by April 1, at Black Mountain Mining’s (BMM’s) Gamsberg mine, in the Northern... 


The Gamsberg zinc mine
Aveng shares details of Moolmans subsidiary's R10.6bn contract at Gamsberg
19th February 2025 By: Creamer Media Reporter

JSE-listed Aveng confirmed on February 19 that its contract mining subsidiary Moolmans had concluded a new 60-month contract, valued at about R10.6-billion, at the Gamsberg zinc mine, in the... 


dump truck
Infrastructure slowdown in Australasia impacts on Aveng’s revenue
18th February 2025 By: Darren Parker

JSE-listed engineering-led contractor Aveng has reported an 8.1% decline in revenue to R16.6-billion for the six months ended December 31, 2024, down from R18.6-billion in the prior period. The... 


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pqt: 0.044s - ct: 0.087s - 179pq - 2rq
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