R/€ = 16.35 Change: -0.04
R/$ = 14.43 Change: -0.05
Au 1302.80 $/oz Change: -0.65
Pt 833.73 $/oz Change: 1.15

Marleny Arnoldi

Marleny Arnoldi

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

Tel: +2711 622 3744


Strong production boosts Avesoro’s FY18 Ebitda by 348% y/y

14th March 2019 TSX- and Aim-listed Avesoro Resources produced 220 458 oz of gold at its New Liberty mine, in Liberia, and its Youga mine, in Burkina Faso, in 2018 – a 179% year-on-year increase. This was achieved at a consolidated operating cash cost of $774/oz sold and an all-in sustaining cost (AISC) of $1... 

Ramaphosa authorises investigation into ‘red fleet’ vehicles procured by City of Joburg

14th March 2019 President Cyril Ramaphosa has authorised the Special Investigating Unit (SIU) to investigate alleged wrongdoing within the Johannesburg metropolitan municipality (City of Joburg) or service providers in relation to the city’s procurement of vehicles from Fire Raiders in a 2014 tender that was... 

Mboweni extends Kingon’s term as acting Sars commissioner to June 11

14th March 2019 Finance Minister Tito Mboweni has reappointed Mark Kingon acting commissioner of the South African Revenue Service (Sars) for a further 90 days to June 11. Kingon will remain in service until June 11 or until President Cyril Ramaphosa appoints a new Sars commissioner.  

Gem sells 13 ct pink diamond for $8.7m

14th March 2019 LSE-listed Gem Diamonds on Thursday announced the sale of a 13.33 ct pink diamond on tender in Antwerp for $8.75-million. The diamond was recovered from the Letšeng mine, in Lesotho, in which Gem Diamonds holds a 70% stake, in February.  

AMCU calls on Ramaphosa to intervene in strike at Sibanye operations

14th March 2019 Association of Mineworkers and Construction Union (AMCU) president Joseph Mathunjwa on Wednesday called on President Cyril Ramaphosa to intervene in the ongoing protracted strike at miner Sibanye-Stillwater’s gold operations. He spoke at a media briefing that was called to clarify some of the... 

Turkey, Romania operations bolster Metair’s operating profit growth in FY18

14th March 2019 JSE-listed energy storage solutions and automotive components manufacturer Metair saw a strong contribution from its overseas acquisitions in the energy storage vertical, while also being supported by good volume throughput from the automotive components vertical in the year ended December 31,... 

Altron appoints Cedric Miller CFO

14th March 2019 Allied Electronics (Altron) has appointed Cedric Miller CFO, effective May 1. Miller steps in for outgoing acting CFO Andrew Holdren.  

Zim government secures $6m investment for RHA tungsten project

13th March 2019 Aim-listed Premier African Minerals says it has received notice from the Zimbabwe Ministry of Industry, Commerce and Enterprise Development that is has secured a proposed investment of $6-million for the RHA Tungsten project being developed by Premier. The funds will be used for the... 

Aspasa encourages surface mines to join the association

13th March 2019 The Aggregate & Sand Producers Association of Southern Africa (Aspasa) says surface miners are facing a growing number of challenges and calls on mine owners to get behind the association and become part of a unified voice for the industry. “With profits under pressure as a result of ever-more... 

Wits School of Mining Engineering’s QS World University ranking improves again

13th March 2019 The University of the Witwatersrand’s (Wits’) School of Mining Engineering has improved its standing in the global QS World University Rankings to thirteenth place, from fifteenth in 2018. Last year, the school moved up to the number 15 spot from twenty-second place in 2017.  


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