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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

Galileo starts Norseman drilling four weeks after listing

3rd July 2018 Newly listed Galileo Mining on Tuesday reported that drilling was under way at the Norseman cobalt project, in Australia, with two rigs currently on site.  

Q2 building, civil engineering business confidence weakest in six years – CIDB

3rd July 2018 The Construction Industry Development Board (CIDB) says general building confidence fell by three points to 33 index points in the second quarter – its lowest level in six years.  

Hardey to acquire Argentina vanadium mine

3rd July 2018 ASX-listed junior minerals company Hardey Resources has entered into a share sale agreement to acquire 100% of the issued share capital of Nelly Vanadium – a mineral explorer that owns the Nelly vanadium mine in San Luis province, in Argentina.  

Acwa Power inaugurates first wind farm in Morocco

3rd July 2018 Power generation technology developer Acwa Power on Sunday inaugurated its 120 MW Khalladi Wind Farm, near Tangiers, in Morocco, which will supply clean power to a number of large industrial companies.  

Sanral’s credit rating downgraded

2nd July 2018 Ratings agency Moody’s Investor Services has downgraded the credit ratings of the South African National Roads Agency (Sanral). The agency downgraded Sanral’s long-term local and foreign currency global scale ratings to Ba2, from Ba1, with the outlook accorded as negative and the short-term... 

WG Wearne suspended on JSE owing to results delay

2nd July 2018 The JSE has suspended trading in building materials supplier WG Wearne’s securities, owing to the company’s failure to submit its provisional financial statements by June 30.  

Manufacturing recovery hopes dampened as Absa PMI declines further

2nd July 2018 The seasonally adjusted Absa Purchasing Managers’ Index (PMI), compiled by the Bureau for Economic Research, fell further below the neutral 50-point mark in June, shedding 1.9 points to 47.9 points. This compares with 49.8 points in May and is the lowest level since March, when the PMI measured... 

Construction of Jubilee’s Kabwe zinc recovery circuit under way

2nd July 2018 Johannesburg- and London-listed Jubilee Metals said on Monday that construction of the zinc recovery circuit at its Kabwe project, in Zambia, was under way, while development work around testing of the lead and vanadium circuit design parameters continued. “Our process development teams have... 

Tiso Blackstar to sell non-core steel subsidiary to Macsteel

2nd July 2018 Publishing group Tiso Blackstar is in the process of selling 100% of the issued share capital of its non-core asset Consolidated Steel Industries (CSI) to Macsteel Service Centres South Africa.  

Gemfields reports disruption at Ethiopia operations

2nd July 2018 A mob of between 300 and 500 people have overrun the operations of Ethiopian exploration firm Web Gemstone Mining (WGM), in which resources investment firm Gemfields has a 75% stake.  

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