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Natasha Odendaal

Natasha Odendaal

Natasha Odendaal is Creamer Media Deputy Editor Online for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

WEF report cautions on positive headline economic indicators

17th January 2018 While the world seems to be getting back on track ten years after the global financial crisis, the thirteenth edition of the Global Risks report 2018 reveals that the positive headline economic indicators mask numerous concerns. The World Economic Forum (WEF) report, tabling a new question to... 

AfriTin marks progress at Uis mine

17th January 2018 Aim-listed tin miner AfriTin Mining has acquired the entire front-end crushing component for the processing circuit of the Phase 1 processing plant at the company’s Uis tin mine, in Namibia. The equipment includes a jaw crusher, three cone crushers, stacking and conveying equipment and an... 

Universal over delivers on earnings guidance

17th January 2018 ASX-listed Universal Coal has achieved record earnings and production for the six months ended December 2017. The company, which operates coal mines in South Africa’s Mpumalanga province, surpassed its group earnings before interest, tax, depreciation and amortisation (Ebitda) by 33%, reaching... 

Zim govt flags Prospect’s lithium project as priority

17th January 2018 ASX-listed Prospect Resources’ flagship lithium deposit has been identified as a priority mining development by Zimbabwe’s Office of the President and Cabinet. The Arcadia lithium project has been selected following the new Zimbabwean government’s directive that the Ministry of Mines and Mining... 

BMG secures option over four Bulgarian exploration projects

17th January 2018 ASX-listed BMG Resources has secured the rights to acquire call options for 100% of four Bulgarian gold and polymetallic minerals development and exploration projects. These project include the Trun, Babyak, Srebren and Zidarova/Varshilo projects – a mix of advanced and prospective exploration... 

Saracen’s December quarter underpins financial performance

17th January 2018 JOHANNESBURG (miningweekly.com) – ASX-listed Saracen Mineral on Wednesday reported a solid December quarter performance, with production and costs ahead of the yearly guidance and a strong free cashflow that underpinned a growing bank balance. The company produced 77 522 oz at an all-in... 

PRASA, UNTU in talks to reopen Central Line

16th January 2018 State-owned passenger rail service Passenger Rail Agency of South Africa (PRASA) and the United National Transport Union (UNTU) are in advanced stages of discussions to have the suspended Central Line, in Cape Town, reopened on Wednesday. The line was closed on January 10 for safety reasons... 

IT spending to reach $3.7tr in 2018

16th January 2018 A new Gartner report released on Tuesday projects a 4.5% year-on-year increase in worldwide information technology (IT) spend to $3.7-trillion in 2018. Driven by enterprise software, digital business, blockchain, the Internet of Things and the progressions from big data to algorithms, machine... 

Galaxy’s Mt Cattlin delivers record Q4 lithium output

16th January 2018 ASX-listed Galaxy Resources has reported record production from its Mt Cattlin operations, in Ravensthorpe, Western Australia, during the quarter ended December 31, on the back of increased ore treated and continued improved process plant use. The operation produced 52 139 dry metric tonnes (dmt)... 

Alacer sees 2018 as ‘pivotal’ year

16th January 2018 TSX- and ASX-listed Alacer Gold has produced 168 163 oz of gold at all-in sustaining costs (AISC) of $685/oz, meeting its original production targets and beating its AISC cost guidance for the year. Going forward, the gold mining company expects 2018 to be a pivotal year, as the Çöpler sulphide... 

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