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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

Glencore completes sale of Rosneft stake to Qatar

7th September 2018 Global diversified miner Glencore has completed the sale of its 14.16% stake in Russian integrated energy company Rosneft to a wholly-owned subsidiary of Qatar Investment Fund (QIA) for €3.7-billion. Glencore now holds a direct equity stake in Rosneft of 0.57% and QIA holds a direct equity... 

Tribunal confirms Omnia’s R30m penalty in 2003 Nutri-Flow complaint

7th September 2018 The Competition Tribunal has confirmed the settlement agreement between Omnia Fertilizer and the Competition Commission, in which the Omnia Holdings subsidiary agreed to an administrative penalty of R30-million. The agreement stemmed from a 2003 complaint lodged by small fertilizer blender and... 

Trans Hex sells Cape Town head office building

7th September 2018 JSE-listed diamond miner Trans Hex will sell the building that has been its head office for nearly three decades, announcing this week that the Cape Town property will be sold for R28.5-million. The building is located at 405 Voortrekker road, Parow.  

Barberton Mines concludes wage negotiations with unions

7th September 2018 Gold mining group Pan African Resources’ Barberton Mines has successfully concluded a three-year wage agreement with the National Union of Mineworkers (NUM) and the United Association of South Africa (Uasa). The agreement provides for an average yearly wage increase of about 6.5% and 5.5% for... 

Nordic amends gold purchase agreement with PFL Raahe

7th September 2018 TSX-listed Nordic Gold Corporation said on Thursday that it had agreed to amend certain terms in the November 2017 pre-paid forward gold purchase agreement with PFL Raahe Holdings. The agreement provided Nordic with $20.6-million to restart the Laiva gold mine, in Finland.  

McEwen reports encouraging exploration results from Canada, US projects

7th September 2018 NYSE- and TSX-listed precious metals producer McEwen Mining has reported an updated mineral resource estimate for the Froome deposit and “highly encouraging” exploration results from its ongoing $15-million exploration programme at the Black Fox Complex, in Ontario, Canada. The Froome indicated... 

Eskom offers free load profile audits to business customers

7th September 2018 Power utility Eskom said on Thursday that it was offering its business customers free electricity load profile audits, which would assist businesses to free up existing electrical capacity without having to invest in new points of supply and/or upgrades in supply. Eskom noted that sufficient... 

R1.7bn set aside for environmental protection

7th September 2018 Government will invest R1.7-billion into the People and Parks Programme project, bioprospecting and the wildlife economy, through the Environmental Protection and Infrastructure Programme, over a period of three years. The investment forms part of the Operation Phakisa Biodiversity Economy... 

Two solar plants for Namibia

7th September 2018 Two solar plants, Ejuva One and Ejuva Two, were opened in Gobabis, Namibia, by Deputy Minister of Mines and Energy Kornelia Shilunga, on Thursday. She said Ejuva will help to diversify Namibia’s energy mix, increase generation capacity and reduce carbon emissions. “We are particularly pleased... 

Empowered company offering bunkering services at Algoa Bay port

7th September 2018 Black, women-owned company South African Marine Fuels (SAMF) has started providing bunkering services in Algoa Bay, in the Eastern Cape, making the port a leading bunker and ship repair service provider to a wider market and the only licensed offshore bunkering operation in South Africa. SAMF... 

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