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


Beowulf unit receives funding for graphite research

7th March 2019 Aim-listed Beowulf subsidiary Oy Fennoscandian Resources will receive additional funding from Business Finland of €224 900 towards graphite purification and spheroidisation testwork, and further assessment of Fennoscandian’s graphite for battery applications. Business Finland has been granted... 

Alrosa sees gradual recovery in smaller diamond market

7th March 2019 Russian diamond miner Alrosa in February sold rough and polished diamonds worth $345-million, which was up 23% compared with January’s sales of $281-million, but down significantly on the $541.9-million sold a year earlier. Rough diamond sales in February comprised $340-million, compared with... 

Jogmec finalises 9.75% Waterberg project stake sale to Hanwa

7th March 2019 TSX- and NYSE-listed Platinum Group Metals (PTM) on Thursday reported that Japan Oil, Gas and Metals National Corporation (Jogmec) has completed the transfer of a 9.75% interest in the Waterberg palladium project, in South Africa, to Hanwa. Jogmec previously held a 21.95% interest in the... 

SRK Exploration Services appoints John Hunt local manager

7th March 2019 SRK Exploration Services has appointed John Paul Hunt local manager, representing the Cardiff-based company that works in close collaboration with the SRK Consulting South Africa office in Johannesburg. Prior to joining SRK Exploration, Hunt served as senior exploration geologist at the Council... 

Capital markets activity in Africa declined by 25% in volume, 40% in value in 2018

7th March 2019 Professional services firm PricewaterhouseCoopers (PwC) on Thursday released its ‘African Capital Markets Watch’ report, which found that African equity capital market (ECM) activity declined in terms of both volume and value in 2018. The decline comes in the wake of global economic, local... 

M&R pursuing opportunities in complementary market segments

7th March 2019 Although JSE-listed engineering and construction group Murray & Roberts’ (M&R’s) power and water and oil and gas segments’ contributions were insufficient for the six months ended December 31, 2018, the group made an active effort to achieve acquisitive growth to complement organic growth and... 

US’s OPIC provides $10m in finance for solar kit supply in Chad

7th March 2019 The US government’s development finance institution, the Overseas Private Investment Corporation (OPIC), will loan $10-million to support the introduction of offgrid solar kits and appliances in Chad. The loan, extended to a company called FinLux Ellen, will help to distribute solar kits and... 

Freight services focus yields positive results for Grindrod in FY18

6th March 2019 JSE-listed freight and financial services group Grindrod on Wednesday said a renewed focus on freight services has yielded positive results for the 2018 financial year, following the unbundling of the shipping business in June last year. The group noted that, while its repositioning is ongoing,... 

SBI to promote products, services of SMEs on social media

5th March 2019 The Small Business Institute (SBI) on Tuesday launched an Instagram account to showcase products and services offered by small and medium-sized enterprises (SMEs) in South Africa. Some of the information that is shared on Instagram will be amplified by SBI’s other social media platforms. 

Xtract enters option agreement for Eureka project in Zambia

5th March 2019 London-listed Xtract Resources has concluded a memorandum of agreement with KPZ International to enter into an option agreement for the Eureka copper/gold project area, in Zambia. "This option is for a large concession with a well-defined strike and splays that have not been fully investigated.... 


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