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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


Southern African Power Pool could learn from Nordic countries’ approach to energy market

13th September 2017 Southern Africa can take heed of the success of the Nordic region’s achievement of energy security through successful cross-border trade and integration, its integrated markets and other critical elements of the Nord Power Pool. This is the message that emerged from the first day of the three-day... 

Altron expects higher H1 earnings

13th September 2017 JSE-listed Allied Electronics (Altron) expects a 16% to 36% rise in headline earnings per share (HEPS) for the six months to August 31 to be between 36c and 42c apiece, compared with the 31c apiece recorded in the corresponding half-year in 2016. Similarly, basic earnings per share (EPS) are... 

Jasco FY17 earnings hit by ‘unusual items’ in tough market

13th September 2017 “Unusual items” have dealt a blow to the full-year earnings of JSE-listed Jasco Electronics as the group navigates a particularly tough environment. The group on Wednesday reported a 61% decline in both headline earnings and headline earnings a share to a respective R5.6-million and 2.5c apiece... 

Clover’s FY17 earnings fall after record performance of 2016

12th September 2017 The shine of delivering historic record high earnings in 2016 has faded as consumer goods and beverages group Clover’s latest full-year earnings have been hurt by the prolonged drought, a wetter and cooler summer and rand volatility. The year ended June 30, had been characterised by the negative... 

Jupiter confirms $25m distribution through share buyback

11th September 2017 Jupiter Mines on Monday announced an off-market equal access share buyback, effectively returning $25-million to its shareholders through an offer to buy back 4% of their shares for $0.29 apiece. The buyback will be funded from a R250-million cash distribution loan repayment from Tshipi é Ntle... 

Ivanhoe confident of expanding Kamoa-Kakula into a top three global copper deposit

11th September 2017 TSX-listed Ivanhoe Mines is confident that the Kamoa-Kakula deposit, ranked the fifth-largest copper deposit in the world, will take one of the top three rankings on the back of the “unprecedented rate of growth” of the high-grade copper resources in the Democratic Republic of Congo (DRC).... 

Ortac strengthens strategic focus on high potential African exploration

11th September 2017 Aim-listed Ortac Resources has set its focus exclusively on its high-potential African exploration mining assets after a board revamp set a strategy review in motion. The exploration and mine development company aims to fast-track its core gold and copper assets in the Democratic Republic of... 

Petra halts Williamson operations after key personnel questioned over seized diamond consignment

11th September 2017 London-listed Petra Diamonds on Monday said it had temporarily idled the operations of its 75%-owned Williamson mine, in Tanzania, for “health and safety and security reasons”, as key personnel cooperate with authorities over a blocked diamond shipment. The company on Monday confirmed that a... 

Johannesburg listing on the cards for Australia’s Orion

11th September 2017 Australian minerals exploration company Orion Minerals expects to start trading on the main board of the Johannesburg bourse on September 18, as it progresses its base metals development strategy in South Africa. Orion, which has received approval from the JSE for a secondary listing under the... 

Stellar to raise £330 000 to pay for Tonga, Tonguma enviro licences

11th September 2017 London-listed Stellar Diamonds has conditionally raised, through Peterhouse Corporate Finance, £330 000 through the issue of 10.15-million new ordinary shares at an issue price of 3.25p a share. The placing is expected to be completed by September 14, conditional on the receipt of the funds in... 


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