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Natasha Odendaal

Natasha Odendaal is a Contributing Editor Online for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

 

Early DFS results positive for Rukwa

The initial results of a definitive feasibility study (DFS) for the Rukwa coal-to-power project bode well for a successful outcome, Johannesburg- and London-listed Kibo Mining said on Thursday. The early DFS outcomes were providing valuable...
By: Natasha Odendaal
Published on 21st August 2014
 

London Mining defers nearly $200m in capex, cuts output guidance

To maintain liquidity in a weak pricing environment, Aim-quoted London Mining has deferred capital expenditure (capex) of nearly $200-million until market conditions improve or its strategic partner process is successfully completed. The Sierra...
By: Natasha Odendaal
Published on 21st August 2014
 

Gem Diamonds on track for maiden dividend

A strong first-half financial and operational performance by London-listed Gem Diamonds “bodes well” for a maiden dividend in March. The diamond miner ended the six months to June with a cash position of $114-million – a jump from the...
By: Natasha Odendaal
Published on 20th August 2014
 

Bellzone secures $4m loan

London-listed Bellzone Mining has secured short-term finance of up to $4-million from China Sonangol. Bellzone planned to initially draw down $750 000, which would provide working capital to continue operations until late August 2014, with the...
By: Natasha Odendaal
Published on 18th August 2014
 

Ironveld submits scoping report for smelter

The environmental scoping report for a 15 MW smelter at pig-iron developer Ironveld’s operations has been submitted to the Limpopo Department of Economic Development, Environment and Tourism. The submission of the Prescali Environmental...
By: Natasha Odendaal
Published on 15th August 2014
 

Labour law not to blame for turbulent industrial relations – Oliphant

Labour legislation was not to blame for the prolonged and often violent strikes hitting various industries across South Africa and opting for a “quick fix” or an “emotional” solution to the country’s bitter labour relations would not be...
By: Natasha Odendaal
Published on 15th August 2014
 

We are not telling our story enough – Anglo Coal CEO

The “story” of what the industry that led to the creation of South Africa’s biggest economy was doing to assist development was not being told enough, Anglo American Coal South Africa CEO Themba Mkhwanazi said on Thursday. He noted that the...
By: Natasha Odendaal
Published on 14th August 2014
 

Africa urged to take charge of its commodities

The dominance of mining in Africa has made the industry's development a critical target under the African Union’s (AU’s) Agenda 2063, AU Commission chairperson Nkosazana Dlamini-Zuma said on Thursday. Speaking at the 2014 Mining Lekgotla, in...
By: Natasha Odendaal
Published on 14th August 2014
 

Talks for integrated pan-African high-speed rail network under way

Talks to implement the vision of a modern, integrated high-speed train service traversing and criss-crossing Africa’s capitals and commercial centres have kicked off, as the African Union Commission (AUC) marked it among three flagship projects...
By: Natasha Odendaal
Published on 14th August 2014
 

Sula secures £2m facility, reports fresh magnetite

Aim-listed Sula Iron and Gold has secured a £2-million, five-year equity financing facility (EFF) with Darwin Strategic. The exploration and development company said in a statement on Wednesday that the transaction would allow Darwin to subscribe...
By: Natasha Odendaal
Published on 13th August 2014
 

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