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Marleny Arnoldi

Marleny Arnoldi

Marleny Arnoldi is a Creamer Media Online Writer for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Corruption, weak governance hinders sub-Saharan Africa’s economic growth – IMF

16th January 2019 Countries in sub-Saharan Africa could strengthen their economic performance by improving governance and reducing corruption, a working paper published by the International Monetary Fund (IMF) has found. The paper, titled ‘A Governance Dividend for Sub-Saharan Africa?’ stated that countries in... 

Trade conditions to remain subdued, warns Sacci

16th January 2019 The South African Chamber of Commerce and Industry’s (Sacci’s) trade conditions survey for December showed that activity had improved slightly on November, if adjusted for seasonal factors, while six-month prospects remained subdued. The seasonally adjusted Trade Activity Index (TAI) was at 47,... 

New SAPA division GM to focus on chicken dumping issue in South Africa

16th January 2019 The South African Poultry Association (SAPA) has appointed businessperson Izaak Breintenbach GM of the association’s Broiler Organisation division. He succeeds Kevin Lovell who headed up the division for several years.  

Optimum, Koornfontein preliminary business rescue plan to be submitted for creditor approval next week

16th January 2019 Legal adviser Bouwer van Niekerk expects to have a preliminary business rescue plan for Optimum Coal Mine and Koornfontein Mine submitted for creditor approval by the end of next week, he confirmed to Mining Weekly Online on Wednesday. The mines’ business rescue practitioners (BRPs) have been... 

Phase 2 drilling delivers promising results at Tando’s vanadium project

16th January 2019 ASX-listed Tando Resources on Wednesday announced encouraging first assay results from its Phase 2 drill programme at the SPD vanadium project, in the Bushveld Complex of South Africa. The results included 14 m at 0.98% vanadium oxide from surface, 11 m at 0.99% vanadium oxide from 17 m and 10... 

Orion drilling confirms another zinc/copper VMS body near Prieska, Annex

16th January 2019 ASX- and JSE-listed Orion Minerals’ analytical results for the Ayoba prospect, which is 5.3 km from its flagship Prieska project, have confirmed the discovery of a new volcanogenic massive sulphide (VMS) zinc/copper-bearing body. The new mineralisation find validated Orion’s expectation that... 

Packed work programme ahead for Emmerson’s Morocco potash project

15th January 2019 LSE-listed mine developer Emmerson CEO Hayden Locke has confirmed that numerous workstreams are under way or due to start throughout this year, including drilling, testing, prefeasibility and discussions with partners and offtakers, at the Khemisset potash project, in Morocco. The company... 

Sibanye, Lonmin extend merger longstop date to June

15th January 2019 Precious metals miner Sibanye-Stillwater and platinum group metals miner Lonmin have agreed to extend the longstop date for the transaction in which Sibanye will acquire all of Lonmin’s issued share capital from February 28 to June 30. This follows after the Association of Mineworkers and... 

Sibanye banks on US mines, high palladium price as South African strike spreads

15th January 2019 In response to the Association of Mineworkers and Construction Union’s (AMCU’s) secondary strike action announcement, Sibanye-Stillwater CEO Neal Froneman on Tuesday said the company had been preparing its local platinum operations for this outcome and had contingency plans in place. AMCU on... 

Investec lifts shareholding in Sibanye above 5%

15th January 2019 Financial services company Investec has acquired a further interest in the ordinary shares of Sibanye-Stillwater, taking its overall shareholding to 5.0393% of the company’s issued shares.  

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