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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

Former De Beers Canada exploration VP joins Paragon

25th September 2012 Aim-listed Paragon Diamonds has appointed former De Beers Canada senior exploration VP Martin Doyle to its board of directors. Paragon chairperson Francesco Scolaro said Doyle would assist the company’s management team in Lesotho to moving its projects towards production and, at the same time,... 

Report forecasts 20 t cut in gold hedges during 2012

21st September 2012 For the third consecutive quarter, the gold market saw net dehedging, with the hedge book falling by 188 000 oz, or 6 t, Thomson Reuters GFMS and Société Générale said in their second-quarter 'Global Hedge Book' report released on Friday. The outstanding producer hedge book at end-June stood at... 

Resource estimate at Tanzanian nickel prospect revised

21st September 2012 Aim-listed African Eagle Resources has increased the resource estimate for the Wamangola deposit, in Tanzania, which forms part of the larger Dutwa nickel prospect in the East African country. The company said the indicated resource at Wamangola had been raised by 13%, to 55.2-million tons, with... 

PetroSA acquires stake in Ghana’s Jubilee oil field

21st September 2012 South Africa’s national oil company PetroSA has purchased Sabre Oil and Gas Holdings for an undisclosed amount, giving the company a stake in Ghana’s offshore Jubilee field, which was discovered in 2007 and began producing in 2010. PetroSA also bought out Sabre’s interest in the Deepwater Tano... 

DiamondCorp secures R220m IDC loan for Lace project

21st September 2012 Diamond exploration and development company DiamondCorp reported on Friday that the Industrial Development Corporation (IDC) had agreed to extend the company a project loan facility of R220-million. The loan would be used at DiamondCorp’s 74%-owned subsidiary Lace Diamond Mines, outside... 

New CEO for Royal Bafokeng Holdings

20th September 2012 JSE-listed Royal Bafokeng Holdings (RBH) on Thursday reported it had appointed Albertinah Kekana as its CEO, effective November 1. Kekana would succeed Niall Carroll, who served as RBH CEO from June 2006 to March 2012. Lucas Ndala, responsible for group finance and risk at RBH, has been acting... 

DSI, Videx fined in mining roof bolts cartel

20th September 2012 The Competition Tribunal has found that Dywidag Systems International (DSI) and Videx Wire Products contraven ed the Competition Act by rigging a tender by JSE-listed Anglo American Platinum (Amplats) in 2004 and 2005. DSI was fined R1.84-million and Videx R4.76-million, the tribunal said on... 

Amplats reports low turnout at Rustenburg mines

20th September 2012 Platinum major Anglo American Platinum (Amplats) said the attendance at four of its mines in Rustenburg were less than 20% on Thursday. Amplats, which resumed full production at its Rustenburg process operations and the Bathopele mine on Tuesday, again warned its employees that they were... 

Industry, workers and govt need to find common ground

20th September 2012 The problems that led to the violent strikes at platinum mines in South Africa’s platinum belt had their roots in socioeconomic and political issues and not in labour disputes, South African Institute of Mining and Metallurgy's Michael Solomon said on Thursday. Speaking at a platinum conference... 

SA exploring EU science and technology partnerships

19th September 2012 South Africa and the European Union (EU) are exploring more partnership opportunities on science, technology and innovation, the Department of Science and Technology (DST) said this week. Future opportunities would be further discussed when EU commissioner for research, innovation, and science... 

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