R/€ = 15.98 Change: -0.12
R/$ = 13.34 Change: -0.06
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Pt 948.00 $/oz Change: -11.00

Natasha Odendaal

Natasha Odendaal

Natasha Odendaal is Creamer Media Deputy Editor Online for Engineering News and Mining Weekly.

Tel: +2711 622 3744


Eastplats’ report confirms Barplats reserves, economics

18th September 2017 Eastern Platinum’s (Eastplats’) independent technical report (ITR), chrome mineral reserve estimate and economic assessment on its Barplats Zandfontein UG2 tailings storage facility (TSF), located at Crocodile river mine, has been completed, the dual-listed miner said on Monday. The ITR,... 

Orion seeks to develop new, modern copper mine over historical success

18th September 2017 With a secondary listing on the JSE now firmly under its belt, Australian base metals firm Orion Minerals is looking to reignite the development of a South African mining asset it believes was abandoned well before its prime – the Prieska zinc/copper project, in the Northern Cape. However, for... 

Jupiter confirms $25m distribution through share buyback

11th September 2017 Jupiter Mines on Monday announced an off-market equal access share buyback, effectively returning $25-million to its shareholders through an offer to buy back 4% of their shares for $0.29 apiece. The buyback will be funded from a R250-million cash distribution loan repayment from Tshipi é Ntle... 

Ivanhoe confident of expanding Kamoa-Kakula into a top three global copper deposit

11th September 2017 TSX-listed Ivanhoe Mines is confident that the Kamoa-Kakula deposit, ranked the fifth-largest copper deposit in the world, will take one of the top three rankings on the back of the “unprecedented rate of growth” of the high-grade copper resources in the Democratic Republic of Congo (DRC).... 

Ortac strengthens strategic focus on high potential African exploration

11th September 2017 Aim-listed Ortac Resources has set its focus exclusively on its high-potential African exploration mining assets after a board revamp set a strategy review in motion. The exploration and mine development company aims to fast-track its core gold and copper assets in the Democratic Republic of... 

Petra halts Williamson operations after key personnel questioned over seized diamond consignment

11th September 2017 London-listed Petra Diamonds on Monday said it had temporarily idled the operations of its 75%-owned Williamson mine, in Tanzania, for “health and safety and security reasons”, as key personnel cooperate with authorities over a blocked diamond shipment. The company on Monday confirmed that a... 

Johannesburg listing on the cards for Australia’s Orion

11th September 2017 Australian minerals exploration company Orion Minerals expects to start trading on the main board of the Johannesburg bourse on September 18, as it progresses its base metals development strategy in South Africa. Orion, which has received approval from the JSE for a secondary listing under the... 

Stellar to raise £330 000 to pay for Tonga, Tonguma enviro licences

11th September 2017 London-listed Stellar Diamonds has conditionally raised, through Peterhouse Corporate Finance, £330 000 through the issue of 10.15-million new ordinary shares at an issue price of 3.25p a share. The placing is expected to be completed by September 14, conditional on the receipt of the funds in... 

Red Rock gains another 1% in Steelmin

8th September 2017 The stake of natural resource development company Red Rock Resources in strategic alloy producer Steelmin has increased to 17%, after being issued an additional 1% share capital as part of a €3.87-million secured loan agreement. The eight-month secured loan note, agreed in June, saw Aim-listed... 

Tethyan eyes Aim delisting, share consolidation

8th September 2017 Days after listing on the TSX-Venture Exchange, and following a strategic review, Tethyan Resources is planning to delist from the London bourse’s Aim to reduce the additional cost and regulatory burden of maintaining two listings. Tethyan commenced trading on the TSX-V on September 6, following... 

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