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Natasha Odendaal

Natasha Odendaal

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

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Pallinghurst delivers satisfactory FY17 performance

17th April 2018 Dual-listed Pallinghurst Resources has concluded what it called a “transformational year”, after successfully transitioning into an evergreen operating mining company during the year ended December 31, 2017. The group, which is listed on the JSE and the Bermuda Stock Exchange, on Tuesday posted... 

Shanta records maiden profit following strategy implementation

16th April 2018 Aim-listed Shanta Gold turned the profit tide in the year ended December 31, 2017, posting a maiden profit after tax of $4.2-million, compared with the 2016 loss after tax of $8-million. The East Africa-focused gold producer, developer and explorer posted an operating profit for the year of... 

Mkango’s feasibility for Songwe Hill under way

13th April 2018 TSX- and Aim-listed Mkango Resources is well positioned to advance its projects following investments by Noble Group subsidiary Talaxis, the exploration and development company outlined in a management discussion and analysis report for the year ended December 31, published on Friday. Mkango is... 

Strong rand eroding South African gold mines’ margins

6th April 2018 While the strengthening of South Africa’s rand against the dollar in recent months has been widely welcomed by many, it has somewhat dampened the outlook for exporters and mining firms reliant on a weakened currency to widen margins. For South Africa’s gold mining industry, the resultant decline... 

Strong rand eroding South African gold mines’ margins

6th April 2018 While the strengthening of South Africa’s rand to the dollar in recent months has been widely welcomed by many, it has somewhat dampened the outlook for exporters and mining firms reliant on a weakened currency to widen margins. For South Africa’s gold industry, the subsequent decline in the... 

Kefi making progress in efforts to secure funding for Tulu Kapi

5th April 2018 Aim-listed Kefi Minerals has made “good progress” in assembling a full consortium focused on raising all the development funding at project level for the Tulu Kapi mine. The gold exploration and development company, which has projects in Ethiopia and Saudi Arabia, is planning a $150-million bond... 

Orion granted two new prospecting rights at Prieska

4th April 2018 ASX- and JSE-listed Orion Minerals has been granted two prospecting rights over strike extensions across important contiguous areas around the Prieska zinc/copper deposit, in the Northern Cape. The new rights, granted by the Department of Mineral Resources to Orion subsidiaries Vardocube and... 

Afarak secures new-order mining right for Vlakpoort mine

14th March 2018 LSE-listed Afarak has secured a new-order mining right for its Vlakpoort mine, in the western limb of South Africa’s Bushveld complex. The preparatory work on the mine, which has a minimum of 6.6-million tonnes of proven chrome reserves and 330 314 oz of platinum group metals, will start during... 

Kenmare returns to profitability, achieves record production

14th March 2018 LSE-listed Kenmare Resources has made significant strides as it returned to profitability and delivered record production from its Moma titanium minerals mine, in northern Mozambique, during the year ended December 31. The titanium minerals and zircon producer on Wednesday reported robust... 

Jubilee delivers positive results in final six months of 2017

7th March 2018 Aim- and AltX-listed Jubilee has pushed its earnings into positive territory during the six months ended December 31, following the inclusion of the low-cost Hernic ferrochrome platinum and chrome tailings operations for a full six months. The group on Wednesday posted an increase in earnings... 

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