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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

Seifsa welcomes easing inflation

22nd March 2017 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) on Wednesday welcomed the easing in consumer price inflation to 6.3% in February, down from 6.6% in January. Contributors to easing inflation included food and nonalcoholic beverages, as well as household contents and... 

Vast takes full ownership of Romania mine

22nd March 2017 Aim-listed miner Vast Resources now owns 100% of the Manaila polymetallic mine, in Romania, following the completion of the acquisition of the remaining 49.9% of Sinarom Mining Group from vendor Ni Jin Ming. This follows the settlement of $1.14-million in debts associated with the company's... 

Outa threatens DWS with court over water issues

22nd March 2017 Seventy-one per cent of wastewater treatment facilities in South Africa are noncompliant and discharge more than four-billion litres of toxic wastewater into South Africa’s water resources every day, an investigation by the Organisation Undoing Tax Abuse (Outa) has revealed. The organisation on... 

Master Drilling boasts strong order book

22nd March 2017 The launch of new projects in the Democratic Republic of Congo, Sierra Leone and Tanzania, paired with increased investment in human resources, has resulted in a 12.1% drop in JSE-listed Master Drilling’s gross profit to $23.5-million for the 2016 financial year. However, the company noted that... 

Goldplat secures funding for Kilimapesa processing plant expansion

17th March 2017 Aim-listed Goldplat has, through its Gold Mineral Resources (GMR) subsidiary, entered into a $2-million uncommitted, on-demand, revolving pre-export loan facility with Scipion Active Trading Fund (SATF), arranged by Scipion Capital (Scipion). Goldplat is in the process of expanding the processing... 

Dawn welcomes new CEO

17th March 2017 JSE-listed Distribution and Warehousing Network (Dawn) has appointed Edwin Hewitt CEO, effective April 1, to succeed Stephen Connelly, who is taking up the position of executive deputy chairperson. Hewitt was appointed chief restructuring officer at Dawn in February, working with a major bank,... 

Transnet mourns passing of board member

17th March 2017 Transnet chairperson Linda Mabaso on Friday said the passing of human rights lawyer and Transnet board member Peter Williams was a “double blow to our nation”, noting that he still had many years of wisdom and guidance to bestow upon the country. Williams, 49, passed away on Wednesday after... 

Premier completes installation of XRT sorter at RHA mine

17th March 2017 Aim-listed Premier African Minerals has completed the installation of an X-ray transmission (XRT) sorter at its RHA tungsten mine, in Zimbabwe. The company is optimising and integrating the sorter into the mine’s crushing circuits. 

Bushveld getting closer to concluding SMC acquisition

17th March 2017 Aim-listed Bushveld Minerals is inching closer to its acquisition, through its Bushveld Vametco subsidiary, of a 78.8% interest in Strategic Minerals Corporation (SMC) from Evraz Group. This follows after both SMC and American metals service centre Sojitz Noble Alloys Corporation agreed to waive... 

AFD, Eskom sign R6bn financing deal

17th March 2017 To further support its investment in the extension and reinforcement of its power transmission grid, State-owned Eskom has signed a R6-billion multi-tranche framework agreement with the French Agency for Development (AFD). “This multi-tranche loan facility will contribute towards Eskom plans to... 

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