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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

Fedusa takes aim at SoEs with Section 77 notice

16th January 2017 The Federation of Unions of South Africa (Fedusa) is taking a stand against government’s alleged failure to appoint “suitably qualified, accountable, responsible and responsive” management at some of South Africa’s vital parastatals. A Section 77 Protest Action Notice has been lodged with the... 

Rolfes to report higher H1 earnings

16th January 2017 JSE-listed Rolfes on Monday said it expects to report double-digit increases in earnings for the six months ended December 31. Headline earnings a share for the period under review are expected to increase to between 37.1c and 38.5c apiece, up some 31% to 36% on the 28.3c a share reported in the... 

DiamondCorp embarks on £1m raising for Lace mine

13th January 2017 Dual-listed DiamondCorp has embarked on a conditional placing to raise the capital required to fund critical expenditure requirements of the Lace diamond mine during the Phase 1 business rescue process. The expected gross proceeds of £1-million from the bookbuild, if successful, will pave the way... 

Solidarity cautious on Barbrook mine business rescue promises

13th January 2017 Trade union Solidarity on Friday vowed to do all it can to prevent the embattled Barbrook mine, in Mpumalanga, from following in the footsteps of its sister mine as it heads into business rescue. However, the union was hesitantly cautious on the commitments made by the business rescue... 

Shining iron-ore future for Sierra Leone possible as Chinese investors commit

13th January 2017 The $700-million planned injection by Chinese State-owned mining company Shandong Iron and Steel into an iron-ore processing plant at the Tonkolili mine, in Sierra Leone, has further cemented the West African region’s strong mining outlook, BMI Research said on Friday. The new investment, which... 

Tiger Brands appoints new grains business executive

13th January 2017 JSE-listed Tiger Brands has appointed former GWK Group CEO Pieter Spies as its business executive for grains, effective February 1. Spies has worked in sales, logistics, commercial and general management for a number of local and international companies, including Cadbury, Coca-Cola, Diageo and... 

Kusasalethu employees end 48-hour sit-in – Harmony

13th January 2017 With the 1 700-odd employees who staged a 48-hour wildcat underground sit-in at the Kusasalethu mine, near Carletonville, safely back on surface on Friday, JSE-listed Harmony Gold has initiated an independent investigation into the circumstances surrounding the workers’ actions. Production at the... 

Wescoal ‘leaps’ into 2017 following a successful 2016

12th January 2017 With a successful 2016 under its belt, JSE-listed Wescoal is optimistic of the year ahead as it leverages a series of milestones and initiatives to support its aspirations for eight-million tons a year of run-of-mine (RoM) and its revenue diversification strategy. During the past year, Wescoal... 

PMI shows South Africa’s manufacturing sector is ‘in trouble’, says Manufacturing Circle

12th January 2017 The Barclays Purchasing Manager’s Index (PMI) for December, which showed that South Africa’s manufacturing sector’s growth was “stuck”, compared with the global upswing in manufacturing activity, has sparked warnings from the Manufacturing Circle. December’s seasonally adjusted PMI remained below... 

Harmony’s Kusasalethu workers stage underground sit-in, no demands made

12th January 2017 Around 1 700 workers at Harmony Gold’s Kusasalethu mine, in Carletonville, have staged an illegal sit-in underground, with no demands or grievances yet forthcoming. Harmony Gold on Thursday said the employees had refused to return to surface on Wednesday after the end of the morning shift, with... 

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