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Natasha Odendaal

Natasha Odendaal

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

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Hidden Valley mine restarts operations after quake

15th December 2011 The Hidden Valley mine, in Papua New Guinea, resumed operations on Thursday following a 7.1 magnitude earthquake the previous day. The mine, jointly operated by South African gold-miner Harmony and Australia's Newcrest Mining, temporarily suspended all mining operations on Wednesday as a... 

African Consolidated reports progress at Zim gold projects

15th December 2011 Aim-listed resource and development company African Consolidated Resources expected to start first-phase production at its Pickstone gold project, in Zimbabwe, in mid-2012. The Zimbabwe-focused company said the project, although subject to funding, is successfully on route in its development to... 

Ferrum to update Moonlight's resource estimate

15th December 2011 ASX-, Aim- and JSE-listed Ferrum Crescent has appointed South African geological advisory firm Mineral Corporation Consultancy to update the iron-ore resource estimate on its flagship Moonlight iron-ore project, in Limpopo. The Moonlight project, located on the farms Moonlight, Julietta and... 

SA employment outlook gloomy as European crisis weighs

14th December 2011 Global market uncertainty continues to hamper South Africa’s employment growth, with initiatives that would otherwise have had positive influences on employment, such as international entrants to the country and government job creation schemes, not delivering anticipated outcomes. The quarterly... 

Pan African announces board changes

14th December 2011 Cyril Ramaphosa has resigned as nonexecutive chairperson of Africa-focused precious metals producer Pan African Resources, with immediate effect, the company reported on Wednesday. Keith Spencer, Pan African’s current deputy nonexecutive chairperson, would succeed Ramaphosa as the independent... 

Keaton moves forward with R140m Leeuw acquisition

14th December 2011 JSE-listed energy coal company Keaton Energy has received approval from Mineral Resources Minister Susan Shabangu to buy the controlling stake in export coal producer Leeuw Mining & Exploration (LME), it said on Wednesday. Keaton Energy reported in February that it intended to acquire a 74%... 

Icasa sets tight deadline for comment on draft spectrum plan

14th December 2011 The Independent Communications Authority of South Africa (Icasa) has placed a tight timeline for comment on its proposed spectrum licensing plan, which it unveiled on Wednesday. Interested parties would have until January 31 to respond and Icasa hoped to hold the public hearings from February 1... 

Caledonia committed to indigenisation talks

13th December 2011 Toronto- and London-listed Caledonia Mining is hoping to reach a mutually agreeable indigenisation implementation plan for its Blanket mine, in Zimbabwe. The gold miner said, on Tuesday, it remained committed to the ongoing indigenisation negotiations with the Zimbabwe government, despite... 

Telkom explores strategic venture with Korean firm

12th December 2011 JSE-listed telecommunications group Telkom has signed a memorandum of understanding (MoU) with Korean telecommunications company KT Corporation regarding a potential strategic venture. KT Corporation could potentially acquire a strategic equity shareholding of 20% in the post-issue ordinary... 

Harmony Gold to cancel UK listing

12th December 2011 South Africa-based gold miner Harmony Gold has requested to be delisted from the LSE and the UK Official list, citing a lack of trading demand. Harmony, which has a main listing in Johannesburg, said in a statement that it no longer saw any benefit in maintaining the listing.  

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