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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

Production suspended at Kumba’s Sishen mine

4th October 2012 JSE-listed Kumba Iron Ore has suspended production at its Sishen mine, in the Northern Cape, where 300 striking employees are blocking access to the pit. The company said on Thursday production continued until Wednesday night from material stockpiles. 

Gauteng to open investment centre

4th October 2012 Gauteng’s provincial government, in partnership with municipalities and the national Departments of Trade and Industry and Environmental Affairs would be launching an investment centre by the end of the month. The “one-stop” centre would be based in Sandton and would seek to facilitate... 

Sandvik appoints Pilot Crushtec exclusive territory distributor

3rd October 2012 Crushing and screening equipment supplier Pilot Crushtec has signed a distributor agreement for exclusively assigned territories for Sandvik Construction’s mobile range of products in the crushers and screens range. The company would now supply Sandvik’s products to South Africa, as well as... 

Court declares Gold One's Ezulwini strike unlawful

3rd October 2012 The Labour Court has granted Gold One an interdict against the strike at its Cooke 4 shaft declaring the industrial action at the Ezulwini mine, which started on Monday, unprotected and unlawful. The ASX- and JSE-listed company’s employees were interdicted from participating in the industrial... 

RMB Ventures invests in footwear and clothing retailer Studio 88

2nd October 2012 Private equity investor RMB Ventures, a subsidiary of FirstRand, has purchased a significant minority interest in footwear and apparel retailer Studio 88 Group. The transaction would see RMB Ventures investing alongside three of the four original founders of the group, including Laurence... 

Gold One’s Ezulwini Cooke 4 shaft hit by strike

2nd October 2012 Gold One CEO Neal Froneman said on Tuesday that it was “incomprehensible” that workers could put their jobs and the future of the Ezulwini mine at risk with unprotected strike action. Froneman said the mine, which Gold One recently acquired from First Uranium, was at best a marginal operation... 

Amended BBBEE codes open for public comment

2nd October 2012 The Department of Trade and Industry (DTI) on Tuesday opened a 60-day period for comment on the revised broad-based black economic-empowerment (BBBEE) codes of good practice. Speaking at the launch of the revised BBBEE codes, Minister Rob Davies said BEE remained an imperative in South Africa.  

AngloGold CEO warns strikes could lead to premature downsizing

1st October 2012 AngloGold Ashanti CEO Mark Cutifani has taken a firm stand against striking employees, stating that the company did not intend to “reward broken commitments, violence and threats of intimidation”. He said AngloGold Ashanti was “deeply” disappointed that its employees had chosen to break their... 

SA business still struggling to recover from recession

1st October 2012 South African companies are still struggling to recover from the 2008/9 global economic recession, Grant Thornton said on Monday, releasing its new Global Dynamism Index (GDI). The index, which was developed by the audit and advisory firm’s economist intelligence unit, ranked 50 economies on 22... 

Kagiso PMI back below key 50-point mark

1st October 2012 The seasonally adjusted Kagiso Purchasing Managers Index (PMI) has lost 4 index points in September and declined back below the key 50-point mark to 46.2. Chartered Institute of Purchasing and Supply MD André Coetzee said the pullback did not bode well for actual factory sector output in the... 

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