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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

Email: newsdesk@engineeringnews.co.za

Treasury says investor confidence in Sanral improves

22nd February 2017 Despite ongoing uncertainty surrounding fee collection for the much-contested e-tolling of certain Gauteng freeways by the South African National Roads Agency Limited (Sanral), the National Treasury believes investor confidence in the agency has returned following the conclusion of two successful... 

Outa to take Eskom to task at Competition Commission

21st February 2017 The Organisation Undoing Tax Abuse (Outa) has requested the Competition Commission to investigate the possibility of fining State-owned power utility Eskom and called for the unbundling of the utility into two entities to break its monopolistic control. The civil society group this week lodged a... 

Sibanye secures SARB approval for Stillwater deal

21st February 2017 Precious metals mining company Sibanye has secured the South African Reserve Bank’s (SARB’s) approval for its R30-billion acquisition of US-based platinum group metals producer Stillwater Mining Company. Triple-listed Sibanye on Tuesday said the transaction remained on schedule for a... 

Newmont appoints new head for South American assets

21st February 2017 Gold and copper producer Newmont Mining has tasked mining executive Dean Gehring with leading its South American business, effective June 1. Gehring will succeed Trent Tempel, who is retiring after 33 years at the firm. 

Rockwell concludes sale of noncore assets

21st February 2017 While dual-listed Rockwell Diamonds is not yet in the “home stretch” of its quest to effect a turnaround, the company is gaining traction with the conclusion of the sale of its noncore Saxendrift alluvial diamond assets in the Middle Orange River region to private firm Nelesco 318 for... 

New panel established to guide Gauteng on infrastructure projects

20th February 2017 The Gauteng provincial government (GPG) has established an economic advisory panel to advise it on the roll-out of social and economic infrastructure projects planned for the next two years. GPG aims to leverage the various infrastructure projects planned for the next two years to promote the... 

Fiscal consolidation, tax increases, SoE cost containment critical for pro-poor Budget - Busa

20th February 2017 Fiscal consolidation, considered and careful tax increases and parastatal cost containment will be critical elements for a pro-poor, pro-inclusive-growth Budget for South Africa for the year ahead. While there is a limit to what can be achieved through an effective Budget, Business Unity South... 

Gauteng infrastructure dept mulls concept of construction bank or fund

20th February 2017 The Gauteng Department of Infrastructure Development (DID) is exploring the possibility of establishing a dedicated construction or infrastructure bank or fund aimed at providing specialised funding or financing services to the construction sector. Chairing an exploratory roundtable on the... 

Harmony reports fatality at Bambanani

20th February 2017 JSE-listed Harmony Gold on Monday reported a fatality at its Bambanani mine, in Welkom, in the Free State An investigation is under way after a winch driver was fatally injured in a fall-of-ground incident on Friday. 

Asa delivers mixed quarter as Trojan weighs on performance

17th February 2017 London-listed Asa Resources has delivered a mixed performance in the third quarter as commodity prices declined and some lingering operational difficulties persisted at its Trojan nickel mine, in Zimbabwe. However, the company has implemented several mitigating measures to deal with the... 

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