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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

All systems go at Hernic as Jubilee eyes new projects

2nd December 2016 Mine-to-metals company Jubilee Platinum is days away from starting the commissioning of its new Hernic platinum group metals-bearing chrome tailings processing plant, in the North West. With some 90% of the budgeted capital spent to date, the group is nearing the full completion of the mechanical... 

Kumba expects higher FY earnings

2nd December 2016 JSE-listed Kumba Iron Ore expects an 20%-plus increase in earnings for the year to end December 31, owing to an increase in export iron-ore prices during the year and the weaker average rand:dollar exchange rate. The group, which will release its financial results on February 14, expects headline... 

Kibo, Opera Tanzania gold asset deal progressing well

2nd December 2016 The proposed sale of AltX- and Aim-listed Kibo Mining’s northern Tanzania-based gold assets to London-listed Opera Investment has now reached an advanced stage and is expected to conclude in due course. Kibo on Friday said that, while the spin-off of its Imweru and Lubando gold projects into a... 

Ericsson’s latest Mobility report shows Africa’s IoT potential

2nd December 2016 Africa’s reliance on mobile technology, as opposed to fixed-line technology, is a significant contributing factor in the rapid growth of mobile subscriptions, with the continent accounting for 15-million of the 80-million new mobile subscriptions recorded in the third quarter. Nigeria has led the... 

Angola Cables, Etix team up to provide direct US–Africa connection

2nd December 2016 Angolan telecommunications company Angola Cables and Luxembourg-headquartered data centre and cable landing station specialist Etix Everywhere have partnered to build infrastructure to reduce the latency between the US and Africa, thereby eliminating the data route through Europe. The parties... 

Africa gets renewed broadband focus with Eutelsat offshoot

2nd December 2016 Africa is set to benefit from a new broadband venture that aims to bridge the digital divide through the use of extensive, high-quality and affordable satellite infrastructure. Satellite communications provider Eutelsat’s newly established subsidiary Konnect Africa plans to deploy commercial... 

Sasol appoints new HR executive

1st December 2016 Charlotte Mokoena has been appointed Sasol human resources (HR) and corporate affairs executive VP, effective February 1, 2017. As part of the group executive committee, she will direct and oversee Sasol’s global HR and corporate affairs functions in line with the group’s strategic aims. 

HSBC: South Africa’s economy 'stalled' in Q3, not contracting

1st December 2016 HSBC Securities on Thursday revised its growth forecast to reflect a “stalled” South African economy during the third quarter of the year, as opposed to its initial “falling” outlook, mostly as a result of more robust mining output during the period. The firm on Thursday said it expected the... 

November PMI recovers most of October’s dip

1st December 2016 The seasonally adjusted Barclays Purchasing Managers’ Index (PMI) has bounced back with a 2.4 index point rise to 48.3 in November, reversing October’s 2.6 index point decline to 45.9. However, factory sector output growth remains under pressure, as indicated by the index staying below the... 

Gemfields postpones emerald auction for Indian customers to adjust to new reforms

1st December 2016 Aim-listed Gemfields has postponed its emerald auction until February to allow its India-based customers time to adjust to that country’s newly implemented demonetisation programme, which removes high denomination banknotes from circulation. The two-month delay in auctioning the predominantly... 

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