Moolmans remobilises after lockdown, but Aveng warns of liquidity risks

Construction and engineering group Aveng reports that the group’s South African contract-mining subsidiary, Moolmans, has recommenced full operations at the majority of its opencast contracts, while its underground project at Platreef is operating at 50% of capacity in line with South Africa’s level 4 lockdown regulations. During South Africa’s level 5 hard lockdown, which began in late March and ended on May 1, all the mining contracts ceased and were placed on care and maintenance.