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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

CITIC Metal gets internal green light to buy 19.5% stake in Ivanhoe

9th July 2018 China State-owned investment company CITIC’s subsidiary CITIC Metal has completed its confirmatory due diligence and has received the necessary internal approvals to complete the long-term, strategic cooperation and investment agreement with TSX-listed Ivanhoe Mines.  

Alacer ups guidance for oxide plant

9th July 2018 TSX- and ASX-listed gold producer Alacer Gold on Monday announced an increase to its 2018 oxide plant production guidance to between 110 000 oz and 130 000 oz, at a reduced all-in sustaining cost (AISC) of between $650/oz and $700/oz.  

PEA supports staged expansion of Sierra Metals’ Bolivar mine

9th July 2018 Hot on the heels of a positive preliminary economic assessment (PEA) for the expansion of its Yauricocha base and precious metals mine, in Peru, Toronto-based Sierra Metals on Monday announced the outcomes of its PEA for the expansion at the Bolivar mine, in Mexico.  

Tribunal approves New Largo Coal’s acquisition of New Largo Business from AAIC

9th July 2018 The Competition Tribunal has approved a merger whereby New Largo Coal intends to acquire the New Largo Business of Anglo American Inyosi Coal (AAIC).  

Opel investment drives brand identity, new dealerships

9th July 2018 Opel Germany has established a new subsidiary Opel South Africa (Opel SA), which has invested more than R700-million into parts, warranty and service plans for Opel customers in Southern Africa.  

Davies to lead South African delegation at Agoa Forum

9th July 2018 Trade and Industry Minister Dr Rob Davies will lead the South African delegation at the seventeenth African Growth and Opportunity Act (Agoa) Forum, to be held in the US, from July 11 to 12.  

Fluor SA appoints new GM

9th July 2018 Engineering and construction services provider Fluor South Africa has appointed its first female GM, Tolani Azeez.  

Kibo to issue shares to Sanderson to settle debt

9th July 2018 Aim- and AltX-listed Kibo Mining has settled the outstanding balance of £1.11-million on the forward payment facility that was agreed on in December 2016 with Sanderson Capital Partners.  

Magnum finds viability in Gravelotte re-establishment with 46 ct/t grade

9th July 2018 ASX-listed Magnum Mining’s Phase 1 trial mining campaign at Gravelotte, in South Africa’s Limpopo province, has delivered more than 11 700 ct of emeralds to date, which were recovered from the treatment of 256 t of dump material, at an average grade of 46 ct/t.  

Avesoro on track to meet full-year production guidance

9th July 2018 TSX- and Aim-listed gold miner Avesoro Resources remains on track to produce 220 000 oz to 240 000 oz for the full year, with production having reached 60 231 oz in the quarter ended June 30.  

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