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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

Email: newsdesk@engineeringnews.co.za

Anglo American to appoint Nolitha Fakude to the board

27th February 2017 Anglo American has appointed Nolitha Fakude as nonexecutive director, effective April 24. The appointment, which is subject to shareholder approval, will follow the conclusion of Anglo American’s annual general meeting. 

Maiden high-grade resource declared at Acacia’s West Kenya project

27th February 2017 With a maiden National Instrument (NI) 43-101-compliant inferred mineral resource estimate of 1.31-million ounces of gold at 12.1 g/t published for the West Kenya project, London-listed Acacia Mining plans to spend $12-million on exploration on a 45 000 m drilling programme for the Liranda... 

Free Market Foundation calls into question department’s claims of support for ICT policy proposals

27th February 2017 The Free Market Foundation (FMF) on Monday said the Department of Telecommunications and Postal Services (DTPS) was incorrect in asserting that the new National Integrated Information and Communication Technology (ICT) Policy White Paper had the support and backing of industry. The ICT White... 

MTN quantifies FY16 loss

27th February 2017 JSE-listed MTN on Monday provided better guidance on its expected loss for the financial year ended December 31, as its Nigerian regulatory fine, foreign exchange losses and charges relating to MTN Zakhele Futhi bites. In a trading update to shareholders, MTN said a basic headline loss a share of... 

Hulamin FY results shine on record sales, triple-digit earnings rise

27th February 2017 Despite uncertain trading conditions, JSE-listed Hulamin delivered a “record” set of financial results for the year ended December 31, with an improved sales and manufacturing performance expected to roll over into this year. Hulamin ended the 2016 financial year with record sales, triple-digit... 

AMSA unveils interim steel rail hub

24th February 2017 The official unveiling of the Isando Distribution Centre, in Germiston, on Friday, marked the next step in steel producer ArcelorMittal South Africa’s (AMSA’s) long-term initiative to migrate the bulk of domestic final product steel distribution from road to rail. Dedicated rail links between... 

Bidcorp expects upward momentum in the second half of FY17

23rd February 2017 After maintaining a strong upward trajectory across all geographies during the six months ended December 31, JSE-listed Bidcorp is optimistic about its future prospects With a global rebranding effort to ‘Bidfood’ under way to reinforce its image as “value-add food people”, Bidcorp’s foodservice... 

Edenville secures wash plant, crusher for Rukwa

23rd February 2017 Aim-listed Edenville Energy is embarking on the next phase of development at its Rukwa coal project, in western Tanzania, as it acquires a coal washing plant and crusher and appoints a wash plant engineer. The start of the process to ship and assemble the wash plant, in anticipation of starting... 

Bidcorp continues to achieve earnings growth in H1

23rd February 2017 JSE-listed Bid Corporation (Bidcorp), the food services unit that was unbundled from international services, trading and distribution firm Bidvest last year, delivered a distribution of 250c a share for the six months to December 31. The reported financials show “very pleasing” results for the... 

Treasury seeks to establish budgeting facility for large infrastructure projects

23rd February 2017 As South Africa’s government moves to strengthen its budget execution and improve in-year monitoring, while also bolstering infrastructure development, the National Treasury has proposed the establishment of a new facility to optimise large multiyear infrastructure project roll-outs that require... 

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