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Megan van Wyngaardt

Megan van Wyngaardt

Megan van Wyngaardt is Creamer Media Senior Contributing Editor Online for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Eskom questions timing of Ramatlhodi’s claims

19th May 2017 Eskom chairperson Ben Ngubane on Friday said former Mineral Resources Minister Ngoako Ramatlhodi’s claims that he was placed under pressure by the parastatal to carry out certain decisions were “barefaced lies”. Earlier this week, Ramatlhodi said Eskom CEO Brian Molefe and Ngubane had, in 2015,... 

ASA reports mixed Q4 performance

19th May 2017 Aim-listed ASA Resource Group on Friday reported an increase in earnings before interest, taxes, depreciation and amortisation to $20.5-million for the fourth quarter ended March 31, against a loss of $300 000 in the three months to March 31, 2016. This improvement came despite lower production... 

Tongaat Hulett expects 40% increase in FY profit as prices climb

19th May 2017 Local sugar producer Tongaat Hulett expects its operating profit for the year ended March 31 to rise by 40% to R2.3-billion, owing to improved market prices, more effective import protection dynamics in the countries where it operates and higher prices realised for exports. The various sugar... 

Denel, Defence Minister to talk about industry strategy

19th May 2017 Defence and aerospace company Denel will on Friday discuss the Defence Industry Strategy document, designed to provide guidelines for productive government–industry cooperation and partnership, with Defence and Military Veterans Minister Nosiviwe Mapisa-Nqakula and the National Defence Industry... 

Sub-Saharan Africa middle class represents R1.3tr a month market

19th May 2017 A University of Cape Town (UCT) Unilever Institute of Strategic Marketing initiative, the African Lions research project, has established that the sub-Saharan African middle class, comprising around 100-million people, represents a R1.3-trillion a month market and is growing. Carried out... 

Edenville signs LoI with potential Rukwa customer

19th May 2017 Aim-listed coal miner Edenville Energy has signed a letter of intent (LoI) to initially supply just over 1 000 t/m of coal to a customer, from its Rukwa operations in Tanzania. The supply volumes could potentially rise to 7 000 t/m as the operation expands. 

ABB clinches $30m contract to upgrade DRC electricity link

19th May 2017 Automation technology company ABB has been contracted by the Democratic Republic of the Congo’s (DRC’s) national electricity company Société nationale d'électricité (SNEL) to partially upgrade its Inga-Kolwezi high-voltage direct current (HVDC) power transmission link. The $30-million contract... 

Commercial operations start at Enel’s Gibson Bay Wind Farm

19th May 2017 Enel, through its subsidiary Enel Green Power (EGP), has started commercial operations at its 111 MW Gibson Bay Wind Farm, in the Kouga municipality of the Eastern Cape. Enel South Africa country manager William Price noted that this was the second wind farm for the company in the province. The... 

Joburg should be engine room of growth – Mashaba

19th May 2017 The City of Johannesburg cannot continue accepting its projected 1.6% economic growth rate, as it will not be able to reverse the high rates of unemployment, Johannesburg Mayor Herman Mashaba said on Wednesday, adding that the city needed to achieve a minimum of 5% economic growth by 2021. During... 

Diamcor’s latest diamond tender generates $702 635

18th May 2017 TSX-V-listed Diamcor Mining’s second rough diamonds tender and sale from its Krone-Endora at Venetia mine, in the Northern Cape, has generated $702 635 in gross proceeds from the sale of 3 265 ct ranging in the 1 mm to -45 mm size fractions. This represents an average price of $215.20/ct. 

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