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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

ARM to list on A2X

22nd November 2018 JSE-listed African Rainbow Minerals (ARM) has received approval from the Financial Sector Conduct Authority for a secondary listing on the A2X, from November 29. ARM will retain its primary listing on the JSE, with ARM shares available for trade on both exchanges from the A2X listing date.  

Initial indications from T23 Dome drilling show promise for copper – Metal Tiger

22nd November 2018 Aim-listed Metal Tiger on Thursday said diamond drilling in the first two widely spaced holes at the T23 Dome, in Botswana, has intersected visible copper mineralisation at shallow depth, which may be of significant potential. The T23 Dome is the first drilling target on the T20 exploration... 

JSE listing to unlock shareholder value, says Motus

22nd November 2018 Motus Holdings, which was recently unbundled from Imperial Holdings, says its independent listing on the JSE enables improved strategic focus, operational efficiency and has unlocked shareholder value. Motus listed in the specialised retail sector of the JSE on Thursday, with a starting trade... 

South Deep strike enters third week, costs Gold Fields R6m a day

22nd November 2018 A strike by National Union of Mineworkers (NUM) members at Gold Fields’ South Deep mine has entered its third week and is costing the company about R6-million a day. The strike action started on November 2, with the union opposed to the planned retrenchments of more than 1 000 South Deep... 

Motus’ empowerment scheme lists on EESE

22nd November 2018 Broad-based black economic empowerment (BBBEE) scheme Ukhamba 2 on Thursday listed on the Equity Express Securities Exchange (EESE). Ukhamba 2 is JSE-listed Motus’ employment empowerment scheme. Motus was unbundled from Imperial Holdings earlier this year and listed on the JSE on Thursday.  

Brazil, India to defy global slowdown of iron-ore production up to 2027

21st November 2018 The global iron-ore market will stay well supplied up to 2027, supported by expanding output in Brazil and India, says Fitch Solutions’ Macro Research unit. Global iron-ore production will grow modestly from 3.36-billion tonnes to 3.41-billion tonnes by 2027, representing a yearly growth rate... 

Debswana appoints new MD as Bonyongo retires

21st November 2018 Debswana Diamond Company, a subsidiary of De Beers Group, has appointed Albert Milton MD, effective December 1, following the retirement of Balisi Bonyongo. Bonyongo had been with the company for 26 years and had served as MD from January 2014.  

PwC unpacks possible outcomes of final 2018 MPC meeting

21st November 2018 The South African Reserve Bank’s (SARB’s) last Monetary Policy Committee (MPC) meeting for this year is under way, with SARB governor Lesetja Kganyago expected to announce the outcome on Thursday. Policymakers are considering the possibility of a rate hike in November, against the backdrop of... 

World Diamond Council hopeful of Kimberley Process scope expansion in 2019

21st November 2018 The World Diamond Council (WDC) has reiterated its support for the Kimberley Process (KP) certification scheme to end trade in conflict diamonds, while expressing concern over the progress in reforming its scope. In a press statement issued after the conclusion of the 2018 KP plenary meeting,... 

Gemgrow delivers expected dividend growth for FY18

21st November 2018 In line with guidance set, JSE-listed real estate investment trust Gemgrow Properties delivered dividend growth of 5% year-on-year to 106.91c apiece for A shares and 7% year-on-year to 78.7c apiece for B shares, for the financial year ended September 30. The company on Wednesday reported a... 

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