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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

Sitatunga Resources branches out into manganese

18th September 2018 Exploration and mining project development company Sitatunga Resources has bought the East Manganese project, in Hozatel, Northern Cape, from Southern Ambition, marking the first step in the company’s strategy to build a manganese portfolio in the province. The deal, which was signed on August... 

Vector Resources secures $20m loan to aid Adidi-Kanga development

18th September 2018 ASX-listed Vector Resources has secured a $20-million committed debt facility with resources focus fund Medea Future Materials Fund, to help reduce its indebtedness with a local Democratic Republic of Congo (DRC) bank. The company needs $5-million for upfront acquisition costs, about $10-million... 

Sibanye announces early tender results for bond notes buyback

18th September 2018 JSE- and NYSE-listed precious metals miner Sibanye-Stillwater announced early tender results of its offer to repurchase up to $350-million of the 6.1% notes due in June 2022 and 7.1% notes due in June 2025. The aggregate purchase price relating to the 6.1% notes amounted to $145-million and the... 

Kibo Energy to review tender opportunity for Tanzania power utility

18th September 2018 Africa-focused energy company Kibo Energy is assessing an opportunity to further participate in the development of Tanzania’s energy sector. This follows after Tanzania Electricity Supply Company (Tanesco) announced on Monday that a tender process has been initiated for superior coal technology... 

Rolfes to drive new products, regional footprint growth in FY19

18th September 2018 JSE-listed chemical specialist Rolfes Holdings has reported steady progress on strategic and foundational issues during the financial year ended June 30. It declared a final dividend of 4c apiece, maintaining full-year dividend guidance of 8c apiece.  

Engen operations in nine African countries transfer to Vivo Energy in March 2019

18th September 2018 Oil company Engen Holdings’ operations in nine sub-Saharan African countries will be transferred to JSE-listed downstream petroleum company Vivo Energy on March 1, 2019. The $203.9-million transaction will see Vivo’s retail service station network expand from 15 to 23 countries in Africa,... 

Tharisa to embark on £3.2m exploration programme prior to Salene acquisition decision

18th September 2018 JSE- and LSE-listed platinum-group metals (PGMs) and chrome producer Tharisa Minerals has restructured its transaction with Leto Settlement Trust for the acquisition of 90% of the Salene Chrome Zimbabwe prospect. Tharisa has been granted a call option to acquire a 90% shareholding in Salene,... 

TNPA appoints Seroka business development officer

18th September 2018 Transnet National Ports Authority (TNPA) has appointed Linda Seroka business development officer, effective September 18. Seroka’s role will be to explore and unlock growth opportunities for TNPA and its clients in the fields of commercial and marketing, strategy, property and facilities... 

Premier’s shares fall as it fails to secure DFS funding from Cadence Minerals

17th September 2018 Aim-listed Premier African Minerals’ share price on the LSE fell by more than 23% on Monday after it announced it had been unable to reach final terms with UK-based mining investment firm Cadence Minerals to fully fund a definitive feasibility study (DFS) for the Zulu lithium and tantalum... 

AngloGold reaches three-year wage deal with AMCU, Uasa, Solidarity

17th September 2018 AngloGold Ashanti has concluded a wage agreement with unions, the Association of Mineworkers and Construction Union (AMCU), Uasa and Solidarity, in respect of wages and conditions of service for the three-year period starting July 1 and ending June 20, 2021. The wage agreement allows for... 

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