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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


Standard Bank PMI improves to 51.4 in February

16th March 2018 For the first time in 11 months, business activity expanded in the South African private sector in February, with the Standard Bank Purchasing Managers Index (PMI) increasing from 49 in January to above the crucial 50-point mark, at 51.4 points. This was after being in contraction for six months.... 

RCL Foods eyes greater market share as new pet food facility opens

16th March 2018 Fast-moving consumer goods manufacturer RCL Foods on Thursday launched its new R150-million pet food manufacturing facility, in Randfontein. Through the establishment of the 1 500 m2 facility, which employs around 700 people, the company aims to take a greater share in the R5-billion a year South... 

Tsodilo says DMS plant delivering results

13th March 2018 TSX-V-listed Tsodilo Resources has processed 724.7 t through the dense media separation (DMS) plant at its BK16 kimberlite project in Botswana, since commissioning the plant on January 18. This represented 141 samples out of a total of 243 or 6% of the tonnage. These 141 samples have generated 2... 

Vedanta dividend payout hits record

13th March 2018 LSE-listed Vedanta Resources’ subsidiary Vedanta Limited on Tuesday declared a record interim equity dividend of $1.2-billion. Vedanta Resources would receive $600-million of this dividend, the company said, sending its shares in London up 2.6% to £7.82 a share. 

Anglo Asian set to start $6m, three-year exploration programme

13th March 2018 Aim-listed gold, copper and silver producer Anglo Asian Mining on Tuesday said that it would shortly embark on a $6-million three-year rolling exploration programme of near mine, brownfield and greenfield areas at its operations in Azerbaijan, to replace mined ounces. The miner noted that it... 

New Congolese mining code rattling mining companies

13th March 2018 Beyond raising costs for domestic miners, a new mining code signed into law by Congolese President Joseph Kabila last week, poses downside risks to the investment outlook of the country’s mining industry over the coming years, as a result of heightened government intervention and regulatory... 

Savca launches industry awards

13th March 2018 The Southern African Venture Capital and Private Equity Association (Savca) is launching the inaugural Savca Industry Awards, aimed at recognising portfolio companies that have thrived from private equity and venture capital investment in Southern Africa. All investee companies headquartered in... 

Jarana defends SAA’s poor performance, lack of turnaround

13th March 2018 State-owned South African Airways (SAA) on Tuesday said it was again taking “urgent steps” to address issues raised by the Auditor-General’s (AG’s) office in its 2016/17 audit report, which was released last week. “The AG has given us a comprehensive diagnosis into key areas of our business and... 

Durban on track to open public transport network

13th March 2018 The City of Durban is on track to start its GO!Durban integrated public transport network from Pinetown’s central business district (CBD) to KwaMashu’s Bridge City in the latter part of this year. Aligned to the eThekwini municipality’s vision to be Africa’s most caring and liveable city by 2030,... 

Gem sells 910 ct Lesotho Legend for $40m

13th March 2018 The “exceptional quality” 910 ct D-colour Type IIa diamond recovered from LSE-listed Gem Diamonds’ Letšeng mine, in Lesotho, in January, achieved a price of $40-million on tender in Antwerp, on Monday.  Reflecting its significance, the diamond, which is the fifth-largest gem-quality diamond ever... 

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