R/€ = 16.82 Change: 0.00
R/$ = 14.32 Change: 0.00
Au 1199.53 $/oz Change: -8.69
Pt 829.00 $/oz Change: -7.99

Marleny Arnoldi

Marleny Arnoldi

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

Tel: +2711 622 3744


Business confidence falls amid uncertainty

12th September 2018 The South African Chamber of Commerce and Industry’s (Sacci’s) Business Confidence Index (BCI) declined by 4.2 index points in August to 90.5, compared with 94.7 in July. The BCI, nevertheless, remained 0.9 index point above the level of 89.6 recorded in August 2017.  

Record production boosts Atalaya’s H1 Ebitda

12th September 2018 Aim- and TSX-listed copper miner Atalaya Mining delivered earnings before interest, taxes, depreciation and amortisation (Ebitda) of €34.4-million for the six months ended June 30, compared with €24.5-million in the first half of 2017, on the back of record production at the company’s Proyecto... 

Traxtion, Railway Material Resources form JV to distribute rail parts into Africa

12th September 2018 Private locomotive and rail operator Traxtion Sheltam and Austria-based rail services company Railway Material and Resources (RMR) have signed an agreement to create a joint venture (JV) called RMR Africa, that will distribute rail parts across the African continent. The JV brings together two... 

Netstar introduces mine fleet safety solution

11th September 2018 Telecommunications and information technology company Allied Electronics Corporation’s Netstar subsidiary has developed a unique and fully compliant solution that helps mitigate accidents in mine fleets. “Ensuring safe working conditions for the mining sector is a challenge, particularly when... 

Katoro expects Kibo Nickel acquisition to close soon, mining licence for Imweru pending

11th September 2018 Aim-listed Katoro Gold had an active six months to June 30, with the continued development of the Imweru gold project, in Tanzania, and diversifying its portfolio with the acquisition of Kibo Nickel. The company expects the Kibo transaction to be completed shortly, which will give Katoro access... 

AMCU declares dispute with three gold mining companies

11th September 2018 The Association of Mineworkers and Construction Union (AMCU) on Tuesday warned gold miners Sibanye-Stillwater, Harmony Gold and Village Main Reef of an imminent strike, should they fail to meet the demands of mineworkers. Wage negotiations in the gold sector started in mid-July, and AMCU and... 

Conservative hiring intentions by employers anticipated in the last quarter - survey

11th September 2018 South African employers expect conservative hiring intentions, across all industries nationally, for the fourth quarter, the ManPowerGroup Employment Outlook Survey (MEOS) has found. Fourteen per cent of employers expect to increase staffing levels, 8% forecast a decrease and 78% anticipate no... 

Sasol, Indian companies join EP100 global energy saving initiative

10th September 2018 Petrochemicals giant Sasol and Indian companies UltraTech Cement, Mahindra Vehicle Manufacturers, Mahindra Heavy Engines and Godrej Industries and Associate Companies (Gilac) on Monday pledged to put energy efficiency at the heart of their business growth strategies by joining EP100. EP100 is a... 

Aveng shareholders vote in favour of 14bn shares issue to pay off debt

10th September 2018 Construction group Aveng’s shareholders on Monday voted in favour of the resolutions that will give effect to the specific issue of 14.5-billion Aveng ordinary shares. These shares will be issued to the company’s existing bondholders as part of a process that will see the early redemption of... 

Liberty Two Degrees harnesses experienced staff to drive asset efficiency

10th September 2018 Precinct-focused real estate investment trust (Reit) Liberty Two Degrees (L2D) has added to its team of experienced asset managers, with Carmen Collison now managing the Eastgate shopping centre, in east Johannesburg. Collison previously managed retail assets across a number of listed... 


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