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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

Strong operational performance lifts Arch Coal’s Q2 income

31st July 2018 NYSE-listed Arch Coal on Tuesday reported net income of $43.3-million, or $2.06 a share, for the second quarter, compared with the net income of $37.2-million, or $1.48 per diluted share, reported for the second quarter of 2017. The company declared adjusted earnings before interest, taxes,... 

Q2 unemployment rate rises to 27.2%

31st July 2018 The official unemployment rate increased to 27.2% during the second quarter, compared with 26.7% in the first quarter. This translates to 6.1-milllion unemployed people in South Africa. There are 37.8-million people that are of working age (between 15 and 64 years) in South Africa, of which... 

Randgold seeks to restart Tongon mine following stakeholder engagement

31st July 2018 LSE- and Nasdaq-listed Randgold Resources is seeking to restart mining and processing operations at its Tongon gold mine, in Côte d’Ivoire, based on an agreement entered into between the workers’ leadership, union representatives, local authorities, mine management and the government’s mining and... 

Glencore copper, zinc ramp-ups paying off in production numbers

31st July 2018 The ramp up of diversified miner Glencore’s Katanga mine, in the Democratic Republic of Congo (DRC), has delivered increased copper and cobalt for the first half of this year, in line with full-year guidance, which is 1.4-million tonnes of copper and 39 000 t of cobalt. Financial services... 

Tunisia, AfDB to launch drones pilot project for agriculture management

30th July 2018 Tunisia and the African Development Bank (AfDB) have signed an agreement for the launch of a pilot project to use drones for data collection, which will enhance the management of agricultural projects in the country. The project will be implemented over the next ten months and will receive... 

Thulani Mavuso appointed as acting Home Affairs DG

30th July 2018 Home Affairs Minister Malusi Gigaba has appointed Thulani Mavuso acting director-general (DG) of the department, effective August 1. Mavuso will succeed outgoing DG Mkuseli Apleni.  

Fura Gems to acquire another ruby prospecting licence in Mozambique

30th July 2018 Gemstone mining company Fura Gems has entered into a share purchase agreement with Azores Overseas to acquire a ruby prospecting licence in the Montepuez district of Cabo Delgado province, in Mozambique. Fura president and CEO Dev Shetty said the company is pleased to further consolidate its... 

Petropavlovsk decreases FY18 guidance following project delays

30th July 2018 Russian gold miner Petropavlovsk has worked to stabilise and restore momentum to the company after a difficult year. In a trading update for the six months to June 30, released on Monday, the company said this work included initiating a review of the company’s activities, a formal process to... 

Crusader appoints Ausenco to aid in Borborema mine design

30th July 2018 ASX- and Aim-listed Crusader Resources has appointed Ausenco do Brasil Engenharia to assist in completing and reviewing the final documentation required to submit the application for the installation licence for the company’s Borborema gold project, in Brazil. Ausenco will focus initially on... 

Hulamin sells well despite US import tariffs, decreased trade with China

30th July 2018 JSE-listed aluminium supplier and exporter Hulamin has declared a 77% decrease in headline earnings a share to 13c for the six months ended June 30, partly owing to the 7% strengthening of the rand against the dollar to an average of R12.30 in the period, compared with an average of R13.22 in the... 

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