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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

Denel Asia closing down, says Public Enterprises portfolio committee

6th December 2018 State-owned arms maker Denel is in the process of closing down the controversial Denel Asia joint venture, the company informed the Portfolio Committee on Public Enterprises on Wednesday. The committee was briefed by a delegation led by Denel chairperson Monhla Hlahla on the current state of... 

DEA to appoint sulphur dioxide emissions expert panel

5th December 2018 Environmental Affairs Minister Nomvula Mokonyane will appoint a panel of experts to provide strategic and technical guidance on the effective management of sulphur dioxide from old and existing power generation plants. The decision to appoint a panel comes as a result of the challenges faced by... 

SA Express adds Jhb to Mthatha route to offering

5th December 2018 State-owned domestic and regional airline SA Express will introduce a new route between Johannesburg, in Gauteng, and Mthatha, in the Eastern Cape, from December 10. The airline will initially operate a daily flight from OR Tambo International Airport with the intention of increasing frequency... 

Singida project economics estimate 26 000 oz/y of production, IRR of 67%

5th December 2018 Aim-listed Shanta Gold has determined that openpit mining at its Singida gold mine, in Tanzania, will be capable of producing an average 26 000 oz/y for six years. The company expects to increase its total gold production from all operations to more than 100 000 oz/y from 2020.  

SARB sponsors chair to develop financial stability studies portfolio at UCT

5th December 2018 The South African Reserve Bank (SARB) has partnered with the University of Cape Town (UCT) to host the Research Chair in Financial Stability Studies, which will be chaired by Professor Co-Pierre Georg. The portfolio will be housed within the African Institute of Financial Markets and Risk... 

Growthpoint provides R908m towards Growthpoint Australia office acquisition

5th December 2018 JSE-listed real estate investment trust Growthpoint Properties will provide R908-million towards its subsidiary ASX-listed Growthpoint Properties Australia’s (GOZ’s) acquisition of the Bank of Queensland’s headquarters, in Brisbane. Growthpoint has a 66% shareholding in GOZ.  

Petra, BEE partner conclude sale of KEM JV stake to Ekapa Mining

5th December 2018 LSE-listed Petra Diamonds on Wednesday announced the completion of the sale of its and its black economic empowerment partner’s 75.9% interest in the Kimberley Ekapa Mining joint venture (KEM JV) for R300-million to JV partner Ekapa Mining. The KEM JV incorporates the Kimberley underground... 

Physical gold buying to remain ‘solid’ in 2019 – WGC

5th December 2018 The World Gold Council (WGC) expects the key factors that drove gold pricing in the second half of this year to continue to hold sway over the market in 2019. WGC chief market strategist John Reade said in a statement issued on Wednesday that the gold price had generally trended down from... 

Level of activity in construction sector recovers by 9% since Q1 – index

5th December 2018 JSE-listed construction materials supplier Afrimat’s latest Afrimat Construction Index (ACI) rose by 4% in the third quarter, compared with the second quarter. This follows a gain of 7% between April and June.  

Financial close delay for Resgen’s Waterberg project

5th December 2018 JSE- and ASX-listed Resource Generation (Resgen) on Wednesday confirmed that the timeline for its credit committee meeting arranged by a funding syndicate member will not be met, as hoped, before the Christmas break. Last month, Resgen advised that discussions with the lender’s deal team, which... 

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