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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

Eastplats secures financing deal for Crocodile River Mine retreatment project

16th March 2018 Dual-listed Eastern Platinum (Eastplats) and its subsidiary Barplats Mines have entered into an agreement with Union Goal Offshore Solution for the construction, mining and processing of the tailings resource, and the subsequent offtake of chrome concentrate from the Barplats Zandfontein Upper... 

Tsodilo says DMS plant delivering results

13th March 2018 TSX-V-listed Tsodilo Resources has processed 724.7 t through the dense media separation (DMS) plant at its BK16 kimberlite project in Botswana, since commissioning the plant on January 18. This represented 141 samples out of a total of 243 or 6% of the tonnage. These 141 samples have generated 2... 

Vedanta dividend payout hits record

13th March 2018 LSE-listed Vedanta Resources’ subsidiary Vedanta Limited on Tuesday declared a record interim equity dividend of $1.2-billion. Vedanta Resources would receive $600-million of this dividend, the company said, sending its shares in London up 2.6% to £7.82 a share. 

Anglo Asian set to start $6m, three-year exploration programme

13th March 2018 Aim-listed gold, copper and silver producer Anglo Asian Mining on Tuesday said that it would shortly embark on a $6-million three-year rolling exploration programme of near mine, brownfield and greenfield areas at its operations in Azerbaijan, to replace mined ounces. The miner noted that it... 

New Congolese mining code rattling mining companies

13th March 2018 Beyond raising costs for domestic miners, a new mining code signed into law by Congolese President Joseph Kabila last week, poses downside risks to the investment outlook of the country’s mining industry over the coming years, as a result of heightened government intervention and regulatory... 

Gem sells 910 ct Lesotho Legend for $40m

13th March 2018 The “exceptional quality” 910 ct D-colour Type IIa diamond recovered from LSE-listed Gem Diamonds’ Letšeng mine, in Lesotho, in January, achieved a price of $40-million on tender in Antwerp, on Monday.  Reflecting its significance, the diamond, which is the fifth-largest gem-quality diamond ever... 

Stellar Diamonds agrees to acquisition by Australia’s NWF

12th March 2018 Australian exploration company Newfield Resources (NWF) and Africa-focused miner Stellar Diamonds have reached an agreement regarding NWF’s proposed acquisition of Stellar’s entire issued and to be issued share capital for £7.74-million. The ASX-listed company owns an advanced diamond project in... 

NUM calls for removal of Optimum business rescue practitioners

12th March 2018 The National Union of Mineworkers (NUM) has called for the removal of business rescue practitioners (BRPs) at the Optimum coal mine, as it claims that their appointment was unlawful. The NUM has approached Kruger & Co Attorneys to represent it and its 500 members at the mine to set aside the... 

Continental Gold intensifies focus on Buriticá advancement

12th March 2018 TSX-listed Continental Gold will focus on completing detail engineering and finalising major mill and infrastructure procurement in the year ahead, to advance its Buriticá project, in Colombia, to its first gold pour in 2020. “We want to be well advanced with both earthworks and concrete work,... 

Katoro remains focused on Imweru amid Tanzanian mining legislation changes

9th March 2018 Tanzania-focused gold exploration and development company Katoro Gold has completed all the technical aspects of the prefeasibility study and is now assessing the economic feasibility of the Imweru gold project, in Tanzania. The company said that, despite the potential impact of new mining... 

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