Brikor

Who
WE ARE

Our
Story

The Brikor Group operates through two segments, Bricks and Coal, and is based in Nigel, Gauteng.

The Bricks segment, comprising Plant 1 and Plant 3, manufactures and supplies building and construction materials for projects ranging from low-cost housing to residential, commercial, industrial, civil engineering and infrastructure, through two manufacturing and beneficiation plants. Semi-face clay and stock bricks are manufactured with production capacities in excess of 160 million bricks per annum. The Bricks segment procures clay from the Coal segment.

The Coal segment, comprises of the Vlakfontein mine owned by a subsidiary of Brikor – Ilangabi Investments 12 (Pty) Ltd and Grootfontein mine owned by Brikor Ltd. Mining at Grootfontein will only commence once Vlakfontein has reached the end of the life of the mine.

In June 2023, Brikor entered into an agreement with TCQ Mining (Pty) Ltd, a wholly owned subsidiary of Nikkel Trading 392 (Pty) Ltd who owns 68,01% of the total issued securities of Brikor, to provide contract mining services to the Coal segment for the purposes of advising and supporting Brikor in improving its current mining operations. The agreement entails that the current coal production volumes of 45 000 tonnes per month will be increased to no less than 150 000 tonnes per month during the first six months. Based on management’s best estimate, it is expected that the total coal production for the first year would amount to approximately 1 600 000 tonnes.

Shareholders are referred to the CPR dated 31 May 2023 available on the website for further details.

Our
Purpose

We exist to build our region’s future by manufacturing
and supplying high-quality building, construction and
mining materials to the market.

Our
Values

Our
Vision

To be a leading market player in the mining and construction sectors by ASPIRE-ing to meet the needs of our current and future customers through tailoring our offerings to add value to their endeavours and create value for our stakeholders.

Our
History

1994

  • In August, Garnett Parkin I forms Marievale Brickworks.
  • Garnett Parkin I and Garnett Parkin II build a brick factory that initially produces 15 million bricks per annum.
  • PME is formed, acquiring a fleet of two trucks and three trailers responsible for farming operations, transportation of clay and coal, as well as the distribution of bricks.

1996

  • Garnett Parkin I passes away and Garnett Parkin II acquires the entire issued share capital of both companies.

1998

  • In July, Basfour (Pty) Ltd is incorporated as a private company and acquires factory land in Nigel. A second brick plant with a production capacity of 14 million bricks per annum is
    commissioned.

1999

  • Marievale Bamford is formed.

2000

  • In March, Marievale Bamford purchases land and plant in Olifantsfontein, where the Group’s third brick plant, with a gasfiring tunnel kiln with a production capacity of 16,7 million bricks per annum, is commissioned.
  • PME acquires further land in Rayton to supply clay to the brick plant in Olifantsfontein.

2001

  • In November, Basfour (Pty) Ltd changes its name to Brikor (Pty) Ltd. All brick manufacturing and sales operations are consolidated into Brikor.

2002

  • Coal underlying the clay deposits is commissioned, ensuring that the Group becomes self-sufficient in the supply of coal.

2007

  • In May, Brikor is converted to a public company.
  • In August, Brikor lists on the AltX of the JSE.

2015

  • In January, Garnett Parkin II, CEO of Brikor, tragically passes away in a motor vehicle accident. Garnett Parkin II’s legacy is continued through the appointment of his son, Garnett Parkin
    III, as CEO, and the loyal support of Brikor’s management and staff.

2020

  • In October, Kopanela Mining (Pty) Ltd is established as a broad-based black ownership vehicle to secure future prospecting and mining rights.

2021

  • On 3 March 2021, Brikor acquires a 40% shareholding in Zingaro Holdings (Pty) Ltd (“Zingaro”), a transport company with a fleet of more than 100 specialised vehicles. Zingaro also specialises in providing turnkey services for mine activities, such as loading, hauling, stockpile management and haul road maintenance by using a wide range of specialised trucks and earth-moving equipment. Its specialised vehicles include tipper, low-bed and flat-deck trucks as well as various plant and mining equipment.

2022

  • On 6 June 2022, Brikor celebrated the launch of Kopanela Mining by breaking ground on the Grootfontein mine in Nigel. Situated adjacent to Ilangabi, Kopanela Mining will create new jobs and ensure the Group’s sustainability and further enhance its own synergies to increase production further, with an estimated production of 50 000 tonnes of coal per month. The DMRE has granted mining rights for 30 years.