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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

Global gold demand growing across market segments, held back by US ETF outflows

1st November 2018 World Gold Council (WGC) member and market relations head John Mulligan says the third quarter was a strong one for the global gold industry. Although demand increased by only 1%, or 6 t, compared with the third quarter 2017, the 964 t of gold demand recorded in the third quarter was underpinned... 

Denel reports R1.7bn operating loss for 2017/18, turnaround progressing

31st October 2018 State-owned defence industrial group Denel on Wednesday, with the release of its yearly results, stated that its operating loss of R1.7-billion for the 2017/18 financial year clearly shows a business that has had a difficult year, marked by lapses in governance, mismanagement and poor contract... 

TNPA granted enviro approval for R1.4bn Richards Bay floating dock

31st October 2018 The Department of Environmental Affairs (DEA) has given Transnet National Ports Authority (TNPA) the green light to build a long-awaited R1.4-billion floating dock at the Richards Bay port. The floating dock facility, which will be located at the port’s Small Craft Harbour, forms part of the... 

Global governments improve business climate through reforms

31st October 2018 The Word Bank Group’s ‘Doing Business 2019: Training for Reform’ report finds that governments around the world have set a new record in bureaucracy busting efforts for the domestic private sector, implementing 314 business reforms over the past year. This number of reforms this year has... 

Zimplats profit rises on higher 4E output

31st October 2018 Impala Platinum (Implats) subsidiary Zimplats has reported a 4% increase in platinum, palladium, rhodium and gold (4E) tonnes mined to 1.6-million tonnes and a 6% increase in tonnes milled to 1.67-million for the quarter ended September 30. This compares with the 1.8-million tonnes of ore mined... 

MC marginally lifts Q1 output, despite Makhado delays

31st October 2018 Run-of-mine coal production at MC Mining’s Uitkomst colliery increased to 125 153 t in the quarter ended September 30, compared with the 125 108 t produced in the comparable quarter of the prior year. Third-party coal purchases for the quarter, which is the first quarter of MC’s 2019 financial... 

Sylvania achieves second-highest production quarter

31st October 2018 Aim-listed Sylvania Platinum started off its new financial year with earnings before interest, taxes, depreciation and amortisation of $7.1-million for the quarter ended September 30. This came on the back of the production of 19 137 platinum, palladium, rhodium and gold (4E) ounces.  

HELLA South Africa to move head office to Coega SEZ

30th October 2018 In line with Germany-based lighting and electronics specialist HELLA’s decision to position its sub-Saharan African operations to serve as a gateway into Africa, HELLA Automotive South Africa (HELLA SA) will build a new R30-million operations hub in zone two of the Coega special economic zone... 

Nzimande inaugurates R1.1bn Mt Edgecombe interchange

30th October 2018 Transport Minister Blade Nzimande on Tuesday officially opened the R1.1-billion Mount (Mt) Edgecombe Interchange, in KwaZulu-Natal. The Minister described the interchange as a veritable civil engineering work of art that contributes greatly to easing traffic congestion, while promoting road... 

Kore nears DFS, mining licence finalisation for Kola project

30th October 2018 Aim- and JSE-listed Kore Potash is finalising the remaining volume of documents needed to complete a definitive feasibility study (DFS) for the company’s Sintoukola (Kola) potash project, in the Republic of Congo (RoC). “Completion of the study is a critical step towards unlocking the potential... 

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