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Marleny Arnoldi

Marleny Arnoldi

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

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Nzimande says proposed Ekurhuleni university will have high-tech focus

20th February 2020 Following President Cyril Ramaphosa’s mention during his State of the Nation Address last week of a new University of Science and Innovation, to be built in Ekurhuleni, Gauteng, Higher Education, Science and Technology Minister Dr Blade Nzimande this week provided further detail. The Minister... 

Palabora, Grindrod sign five-year magnetite handling contract

20th February 2020 JSE-listed freight and logistics company Grindrod has entered into a five-year contract to transport five-million tonnes a year of magnetite by rail from copper miner Palabora Mining Company's operations, in Limpopo, to the Matola terminal, in Mozambique, where it will store the magnetite.... 

De Beers warns of possible further downside risks

20th February 2020 Although stock levels in the diamond industry’s midstream are returning to a more balanced position, following stable consumer demand, especially in the US, diamond miner De Beers has warned that risks remain. The company on Thursday reported a 55% year-on-year decrease in underlying earnings... 

Adcock turns focus to factory efficiency, cost saving to maintain HEPS

20th February 2020 JSE-listed pharmaceuticals manufacturer Adcock Ingram reported a 1% year-on-year increase in headline earnings per share (HEPS) to 218.5c apiece for the six months ended December 31. The company on Thursday said its HEPS would have increased by 6% year-on-year, were it not for an ex-gratia... 

Wescoal advances Vanggatfontein, Moabsvelden projects

20th February 2020 JSE-listed coal miner Wescoal says its Moabsvelden project implementation is progressing to plan with a contract mine having been selected. The appointment, however, remains subject to a contract mining agreement being signed.  

Natascha Viljoen to succeed Griffith as Amplats CEO

20th February 2020 Platinum group metals (PGMs) miner Anglo American Platinum (Amplats) has announced that Natascha Viljoen has been appointed to succeed Chris Griffith as CEO. Amplats earlier this week said Griffith would step down to pursue other career opportunities.  

ARCH invests $16.5m in African distributed solar provider

19th February 2020 London-based advisory firm ARCH Emerging Markets Partners’ Africa Renewable Power Fund will provide CrossBoundary Energy (CBE) with up to $16.5-million in equity funding. This will help CBE develop and finance new commercial and industrial solar assets, which will in turn provide businesses... 

Emira focused on steady, incremental growth amid tough market conditions

19th February 2020 JSE-listed real estate investment trust (Reit) Emira Property Fund says the performance of its US-based assets has contributed to the company’s distribution growth of 1.7% year-on-year for the six months ended December 31. The Reit declared an interim dividend of 74.10c for the six months under... 

Growthpoint welcomes first tenants to its KZN industrial park

19th February 2020 Real estate investment trust Growthpoint Properties has completed the first phase of its new Growthpoint Industrial Park, in KwaZulu-Natal. The company says the park has received keen market interest and its first tenants are already operating from the 20 300 m2 initial phase of the... 

Altus shareholders give go ahead for La Mancha deal

19th February 2020 Aim- and TSX-V-listed Altus Strategies on Wednesday said its shareholders had approved all resolutions to effect the proposed strategic investment by mining investment group La Mancha Holding in the company. Altus will issue about 124-million new ordinary shares at a price of C$0.09 apiece to... 

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