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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

Bell Equipment signs BEE deal with women-owned entity

6th April 2017 Heavy equipment manufacturer Bell Equipment has signed a black economic empowerment (BEE) agreement with SiBi Capital, an entity entirely owned and managed by black women. When concluded, SiBi Capital will hold 22.5% of Bell Equipment Sales South Africa (Bessa), the wholly owned subsidiary of... 

Botswana Diamonds completes Phase 1 drilling at Vutomi

6th April 2017 Botswana Diamonds has completed the first phase of drilling at its flagship Vutomi project, in Frischgewaagt, in South Africa, where 34 percussion and nine diamond drill holes were drilled on the kimberlite dyke. The Aim-listed company on Thursday said samples have been submitted for microdiamond... 

Tschudi Q3 output 24% below nameplate capacity

6th April 2017 Aim-listed copper miner Weatherly International’s Tschudi mine, in Namibia, produced 3 236 t in the three months to March 31, 24% below nameplate capacity. This was a result of slower-than-anticipated leach rates for mixed oxide and sulphide ore stacked during the latter part of 2016 and early... 

Echo Polska raises R2.2bn in bookbuild

6th April 2017 JSE-listed Polish property group Echo Polska Properties (EPP) on Wednesday raised about R2.2-billion in an accelerated bookbuild through the placing of 118-million new shares at a price of R18.50 apiece. The capital will be used for previously announced acquisitions and for further acquisition... 

Corruption a major impediment to small business

5th April 2017 Corruption Watch executive director David Lewis believes the role of small and medium-sized enterprises in the local economy is still not appreciated, even though these entities are most likely the key to unlocking economic growth. The lack of capacity and funds were the sector’s biggest... 

South Africa faces ‘severe and very grave’ situation – Busa

5th April 2017 Business Unity South Africa (Busa) on Wednesday said it regarded the current political and economic situation, which includes the recent Cabinet reshuffle and the country’s downgrade to junk status by Standard & Poor’s as a “severe and very grave” situation. At an AHI small and medium-sized... 

South Africa’s institutions need to be protected, strengthened – Jonas

5th April 2017 South Africa’s institutions have either been forsaken or deliberately weakened for political expedience, with State transformation becoming so politicised that economics is almost just about political power, former Deputy Finance Minister Mcebisi Jonas said on Wednesday. Speaking a week after... 

PTM lowers full-year guidance at Maseve

4th April 2017 Platinum Group Metals’ (PTM’s) Maseve mine produced 2 477 oz of platinum, palladium, rhodium and gold (4E) during March – the best level achieved since completion of commissioning in 2016, the company said on Tuesday. This was up slightly from the 1 193 oz 4E produced at the mine in February,... 

Transnet unveils Trans-Africa locomotive

4th April 2017 State-owned rail company Transnet on Tuesday unveiled the first locomotive to be designed, engineered and manufactured in Africa, the Trans-Africa locomotive. The company said the locomotive, which will be assembled at the company’s production facility in Koedoespoort, east of Pretoria, marked a... 

Wescoal subsidiary appoints new CEO

4th April 2017 Thivha Tshithavhane has been appointed CEO of Wescoal Mining, effective April 1. Tshithavhane, a chemical engineer, headed up parent company JSE-listed Wescoal Holdings’ mining strategy and business development portfolio for the past 12 months. He has over 13 years experience in the mineral... 

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