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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


S&P's sees further improvement in most metal prices in year ahead

5th March 2018 Metals prices have benefited from the improved global economy and from a recently weaker US dollar, in which most commodities are valued, with the Standard & Poor's (S&P's) GSCI reaching a two-year high on January 26, aiding the uptick in global exploration, the research firm's 'World Exploration... 

Altus enters sixth African country with new gold project

5th March 2018 Africa-focused exploration project generator Altus Strategies' subsidiary Aeos Gold has been granted the Prikro gold exploration licence in the Prikro and Koun-Fao departments in eastern Côte d'Ivoire, West Africa. The 369.5 km2 exploration licence targets Birimian meta-sedimentary greenstone... 

Standard Bank PMI improves to 51.4 in February

5th March 2018 For the first time in 11 months, business activity expanded in the South African private sector in February, with the Standard Bank Purchasing Managers Index (PMI) increasing from 49 in January to above the crucial 50-point mark, at 51.4 points. This was after being in contraction for six months.... 

Eastplats secures financing deal for Crocodile River Mine retreatment project

5th March 2018 Dual-listed Eastern Platinum (Eastplats) and its subsidiary Barplats Mines have entered into an agreement with Union Goal Offshore Solution for the construction, mining and processing of the tailings resource, and the subsequent offtake of chrome concentrate from the Barplats Zandfontein Upper... 

Stellar trusting Newfield deal to provide Tongo-Tonguma funding

5th March 2018 Aim-listed Stellar Diamonds has, over the past six months, continued to focus on sourcing the necessary funding to bring its Tongo-Tonguma project, in eastern Sierra Leone, into production. "The capital markets in the UK have proven extremely difficult to raise funds for junior mining companies... 

Drilling programme ups resources at Namdini gold project

5th March 2018 As a result of an additional 15 684 m of diamond drilling at dual-listed Cardinal Resources Namdini gold project, in Ghana, the company has converted its inferred category ounces into the indicated mineral resource category, which now stands at 6.5-million ounces, contained in 180-million tonnes.... 

New Century Resources appoints EPC contractor for zinc plant

5th March 2018 ASX-listed New Century Resources has contracted Sedgman as its engineering, procurement and construction (EPC) contractor, while selecting Ausenco as preferred bidder for the complete refurbishment and commissioning of operations associated with the Century zinc processing plant, slurry pipeline... 

Lucapa sells $1.7m diamond parcel from Lulo

5th March 2018 Angola-focused diamond miner Lucapa Diamond Company sold 2 072 ct of diamonds recovered from the Lulo mine, achieving gross proceeds of $1.7-million during its second sale for the year. This represented an average price per carat of $804. The ASX-listed miner said the largest diamond in the sale... 

Strong H1 performance motivates Universal Coal to declare a mid-year dividend

5th March 2018 Given the solid financial performance in the six months to December 31, ASX-listed Universal Coal has taken the decision to reward shareholders, declaring an interim dividend of A$0.01 a share unfranked. This came on the back of net profit after tax having increased substantially to... 

Mondi FY17 profit rises 4% to €1bn

2nd March 2018 Packaging giant Mondi on Friday reported a 4% year-on-year increase in underlying operating profit to €1.01-billion for the year ended December 31, benefitting from good demand and higher average selling prices across most of its businesses. "Our continuous drive for operational performance... 


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