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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


Fitch next to downgrade Eskom, Transnet to align with sovereign ratings

12th April 2017 South African State-owned Eskom and Transnet have also been downgraded by ratings agency Fitch to align with the recent downgrade of South Africa’s sovereign rating. Eskom’s long-term local currency issuer default rating (IDR) and the senior unsecured local currency rating have been downgraded... 

Atterbury secures new R1bn-plus Deloitte office development tender

11th April 2017 Property investment and development business Atterbury has been awarded the tender to develop a new office for Deloitte in Waterfall City, in Midrand, Gauteng, as the audit firm consolidates its Johannesburg and Pretoria offices. The total estimated R1-billion-plus development cost is expected to... 

Hummingbird secures $60m debt facility with West African bank Coris

11th April 2017 Aim-listed Hummingbird Resources has secured a four-year $60-million senior secured term debt facility with West Africa-based Coris Bank International to fund the ongoing construction of the Yanfolila gold mine, in Mali. The new debt agreement replaced the funding line previously anticipated with... 

Mondi, Constantia Afripack reach one-billion sack-kraft-paper-made cement bag milestone

11th April 2017 In a partnership spanning decades, more than one-billion cement bags have been made from packaging and paper group Mondi’s sack kraft paper by South African packaging and bags producer Constantia Afripack. Mondi Sack Kraft Paper, Constantia Afripack’s principal supplier, supplies strong, quality... 

Diesel tax refund system should be simplified – KPMG

11th April 2017 As the National Treasury and the South African Revenue Service (Sars) work to streamline the current diesel refund system, KPMG believes the development of a more simplified and concise refund framework is needed, particularly in reference to mining sector beneficiaries. The current Sars diesel... 

Costs, risks outweigh the benefits of changes proposed by Elliott – BHP

10th April 2017 Mining giant BHP Billiton on Monday said any potential benefits of implementing a proposal tabled by minority shareholders Elliott Associates and Elliott International would be significantly overshadowed by the costs and associated risks of the suggested changes. The fund manager earlier on... 

Portfolio Committee to probe reports on water department's alleged financial distress

10th April 2017 The Portfolio Committee on Water and Sanitation will investigate recent media reports claiming that the Department of Water and Sanitation (DWS) is allegedly bankrupt. In February, several media reports emerged stating that the DWS was nearly R4.3-billion in debt and had unpaid invoices running... 

Bluejay delivers compelling maiden mineral resource estimate for emerging Pituffik titanium project

10th April 2017 Aim- and Frankfurt Stock Exchange-listed Bluejay Mining is “immediately” working to finalise a range of work programmes, including the internal feasibility study, following the completion of the maiden mineral resource estimate for its Pituffik titanium project, in Greenland. “This is an... 

Centamin reports lower Q1 output in line with guidance

10th April 2017 London- and Toronto-listed Centamin on Monday reported a 20% quarter-on-quarter and 13% year-on-year decline in total gold production from its Sukari gold mine, in Egypt, for the first quarter of 2017. In line with Centamin's forecast, preliminary total gold production for the three months to... 

Datatec in talks for sale of Wescon-Comstor stake

7th April 2017 JSE-listed information and communications technology (ICT) company Datatec on Friday issued a cautionary as it mulls the sale of its major share in Westcon-Comstor’s operations for more than $800-million. In January, the group had entered into negotiations for a possible transaction, subject to... 


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