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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

Canyon Coal connects local community to electricity grid

21st December 2017 Mid-tier coal mining and exploration group Canyon Coal, which has operations and projects in Mpumalanga and Gauteng, connected families who live next its Phalanndwa colliery in Delmas, to its electricity grid. Phalanndwa GM Alan Mabbett noted the company was “excited” to provide free electricity... 

Bushveld Minerals completes acquistion of BVL

21st December 2017 Aim-listed Bushveld Minerals has completed its acquisition of 55% of Bushveld Vametco by issuing 54.76-million new ordinary share to Yellow Dragon Holdings. “We are delighted to have completed this acquisition before the end of the year. Vametco has, to date, illustrated its strong cash... 

Distell to sell cognac business in R800m deal

20th December 2017 JSE-listed Distell today entered into a definitive agreement to sell its cognac business, Bisquit Dubouche et Cie to Italian branded beverage company Campari Group for an enterprise value of 2.5 million, or R800-million. The disposal is expected to close during the first quarter of 2018. 

AfDB to support Mozambique rail project with $300m

20th December 2017 The African Development Bank (AfDB) is taking the lead in facilitating the takeoff of one of Africa’s largest infrastructure project − the $5-billion Nacala corridor rail and port project, supporting the project with $300-million from its private sector window. After years of financial... 

Ethiopia signs $4bn deal to build 1 000 MW-geothermal power plants

20th December 2017 Ethiopia has signed an agreement to build two geothermal power plants at a combined cost of $4-billion, to be run by the country's first privately-owned utility. The Corbetti and Tulu Moye plants will produce a combined 1 000 MW of power upon completion in eight years time in the... 

Embracing automation can lead to greater skills development

20th December 2017 While the automated economy is often seen as a threat to many of today’s jobs, ManpowerGroup South Africa MD Lyndy van den Barselaar notes that it will open up employment opportunities for those with the right skillsets, as the digital transformation continues to change the way we work. “While it... 

ABB, SNC-Lavalin joins forces for substation projects

20th December 2017 Automation company ABB and infrastructure company SNC-Lavalin have signed an agreement to form a joint venture (JV) for the execution of engineering, procurement and construction (EPC) projects for electrical substations. SNC-Lavalin will have majority and controlling interest in the JV. 

Ictu demands independent inquiry into corruption allegations at Sita

20th December 2017 The Information, Communication and Technology Union (Ictu) is demanding an independent inquiry into the corruption allegations at the State Information Technology Agency (Sita), focusing in particular on the board members who have “stitched-up” their contracts to ensure that when their contracts... 

Kibaran, ProGraphite sign knowledge-sharing agreement

20th December 2017 ASX-listed Kibaran Resources has signed a binding agreement with German-based ProGraphite under which it would grant Kibaran full access to its extensive technical and commercial knowledge relating to the processing of graphite for use in battery product applications. Noting that this was an... 

Firestone extends sales agreement of BK11 asset

20th December 2017 Lesotho-focused Firestone Diamonds has agreed to extend the option period granted to Amulet Diamond Corporation to purchase the Aim-listed company BK11 asset until December, 31, 2018. BK11 is a diamond asset in Botswana, currently on care and maintenance. 

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