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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

Vedanta's Black Mountain Mining sets up 7-year Esop

21st April 2017 Black Mountain Mining (BMM), a subsidiary of LSE-listed Vedanta’s Zinc International business, has established a seven-year employee share ownership plan (Esop), with 6% of BMM’s shares issued to an employee-held trust on April 1. The Esop was established following talks with the National Union... 

Steel demand to grow in 2017/18 as recession risk decreases

21st April 2017 Global steel demand will increase by 1.3% to 1.53-billion tonnes this year, and by a further 0.9% to 1.55-billion tonnes in 2018, following growth of 1% in 2016, the World Steel Association (worldsteel) said in its latest short-range outlook (SRO), published on Friday. Worldsteel economics... 

AfDB to review development of Senegalese power plant after complaints

21st April 2017 The African Development Bank (AfDB) will review compliance eligibility at the €206-million, 125 MW Sendou coal-fired power plant project, in Senegal, following several community complaints. Two groups raised eight similar issues with the bank, including an unviable government policy option to use... 

Armadale receives encouraging results for graphite project

21st April 2017 Initial testwork at Armadale’s Mahenge Liandu graphite project, in Tanzania, continue sto indicate that it is capable of producing high-quality graphite concentrates, with possible expansion up to 480 cm³/g. The Aim-listed company said the results further increase the range of potential... 

Eskom confirms it wants exemption from ‘areas’ of national procurement regulations for nuclear

21st April 2017 State-owned power Eskom on Friday confirmed in a statement that it had raised concerns with National Treasury about “areas” of the current procurement regulations, specifically mentioning waivers of certain evaluation criteria that would be required to facilitate the “proposed nuclear new build... 

BMI expects gradual price recovery for industrial metals

21st April 2017 Since bottoming out in early 2016 and staging an impressive, albeit largely speculative, rally over the past year and a half, industrial metals will experience a gradual price recovery over the coming years, as improving fundamentals support a stabilisation, rather than rebound, in prices,... 

Bluejay focuses on starting Pituffik operations next year

21st April 2017 Aim-listed Bluejay Mining has established Dundas Titanium, a Greenlandic domiciled subsidiary, to operate its Pituffik titanium project, in Greenland. “The subsidiary was created to facilitate the permitting process, which will culminate in the lodging of the exploitation application later in... 

Kal Tire buys Tyre Corporation’s South African operations

21st April 2017 North American company Kal Tire’s Mining Tire Group has acquired Tyre Corporation, expanding its footprint in South Africa, with 800 team members across 80 mine sites. “Tyre Corporation is a recognised market leader in underground mining tyre services and sales and we are excited to bring their... 

Institutions need to be protected and strengthened, Jonas avers

21st April 2017 South Africa’s institutions have either been forsaken or deliberately weakened for political expedience, with State transformation becoming so politicised that economics is almost just about political power, former Deputy Finance Minister Mcebisi Jonas told delegates at an Afrikaanse Handels... 

Transnet unveils first locomotive to be designed in Africa

21st April 2017 State-owned rail company Transnet on Tuesday unveiled the first locomotive to be designed, engineered and manufactured in Africa, the Trans-Africa locomotive. The company said the locomotive, which will be assembled at the company’s production facility in Koedoespoort, east of Pretoria, marked a... 

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