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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

Business, resources industry oppose proposed increase in WA iron-ore tax

6th March 2017 A group of Western Australian (WA) business and resources industry bodies have called on the local government to oppose the WA Nationals’ proposed increase in the iron-ore production levy, which the group says will destroy jobs and investment. This comes five days before the WA state election. 

Dacian, GRES sign letter of intent for Mount Morgans EPC contract

6th March 2017 ASX-listed GR Engineering Services (GRES) has entered into a conditional letter of intent (LoI) for an engineering, procurement and construction (EPC) contract at Dacian Gold’s Mount Morgans gold project, near Laverton, Western Australia. Under the terms of the LoI, GRES will design, build and... 

BHP Billiton, Pemex advance work on deep-water oil discovery in Mexico

6th March 2017 BHP Billiton has advanced its exploration and production interests in the Gulf of Mexico by signing a contract with Pemex Exploration & Production Mexico to complete work on the significant Trion discovery. BHP in December successfully bid to acquire 60% of the resource that, once fully... 

Austral acquires further 19% stake in Casposo mine

6th March 2017 Dual-listed Austral Gold has paid ASX-listed Troy Resources $1-million to acquire an additional 19% interest in the Casposo silver-gold mine in Argentina, raising its stake to 70%. Austral in 2016  recommissioned the mine and plant and started full operations in November, making significant... 

Tanzania bans metals, minerals exports in bid to increase domestic beneficiation

3rd March 2017 Aim-listed Acacia Mining on Friday said it had ceased exports of gold and copper concentrate from its operations in Tanzania, following a directive from the country’s Ministry of Energy and Minerals that all such exports be banned. In a statement, Acacia said it was urgently seeking further... 

Gauteng government appoints investigator to look into hospital roof collapse

3rd March 2017 The Gauteng provincial government has appointed legal firm Adams and Adams to investigate the cause of a roof collapse at the Charlotte Maxeke Academic Hospital during maintenance works. “[The firm will] provide a detailed report of what really transpired. We have also tasked the investigators to... 

US body extends review of Stillwater acquisition; Sibanye provides update on reserves

3rd March 2017 JSE-listed Sibanye Gold has received written notification from the Committee on Foreign Investment in the United States (CFIUS) that it wishes to undertake further investigation of the company’s proposed R30-billion acquisition of US-based platinum group metals (PGMs) producer Stillwater Mining... 

Hyprop sees distribution growth double as European portfolio picks up

3rd March 2017 Shopping centre-focused real estate investment trust Hyprop reported strong double-digit growth in distributions for the six months to December, 31, owing to a solid performance from its local shopping centres and supported by the inclusion of distributable income from the newly acquired... 

Water crisis impacting economic growth, but there are solutions – GIBB

3rd March 2017 With the Water Research Commission (WRC) predicting that South Africa will require 17% more water by the year 2030 and with the country’s water supplies almost fully allocated, it has become even more pressing to change peoples’ attitude towards water use and effectively manage water demand,... 

ARB’s profits hold steady amid tough trading conditions

3rd March 2017 Investment company ARB Holdings has posted a profit of R77.97-million for the six months to December 31, marginally higher than the profit of R77.68-million posted for the six months to December 31, 2015. Revenue was up 3.1% year-on-year to R1.27-billion, as a result of revenue growth in the... 

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