R/€ = 16.46 Change: 0.08
R/$ = 14.36 Change: 0.08
Au 1228.28 $/oz Change: 5.96
Pt 831.50 $/oz Change: -2.11

Marleny Arnoldi

Marleny Arnoldi

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

Tel: +2711 622 3744


Civil contractor confidence falls to historic low in Q3 – CIDB

16th October 2018 The Construction Industry Development Board (CIDB) small and medium-sized enterprises (SME) business conditions survey has shown that civil contractor confidence fell by six index points to a historic low of 27 during the third quarter. Weakness in all the underlying indicators, especially... 

AfDB to provide €229m for Rwanda electricity programme

16th October 2018 The Rwandan government has signed a €229.20-million funding agreement with the African Development Bank (AfDB) to support the country’s electricity supply improvement programme and expand access to electricity under the Scaling Up Electricity Access Program Phase II (SEAP II). This builds on... 

Kenmare to declare maiden dividend for H1 2019; reports strong Q3 ilmenite, zircon production

16th October 2018 LSE-listed mineral sands producer Kenmare Resources on Tuesday announced its dividend policy, a watershed moment for the company, with dividends to be based on a minimum of 20% of profits after tax. Kenmare will start with an interim dividend for the first half of 2019, which will be paid in the... 

Geological, sampling programmes start at ABM’s Côte d’Ivoire project

16th October 2018 Aim-listed African Battery Metals (ABM) has started geological work on its recently acquired 380 square kilometre Lizetta II nickel/cobalt/chrome exploration project, in Côte d’Ivoire. ABM commissioned a site visit by a technical team to prepare for a structured field exploration programme, the... 

De Beers reports steady demand for its rough diamonds

16th October 2018 Diamond miner De Beers Group on Tuesday announced that it had sold $475-million worth of rough diamonds during the eighth sales cycle of this year. This is lower than the $503-million worth of diamonds sold in the seventh cycle of the year, but higher than the $376-million worth of diamonds sold... 

Roman’s Pizza head office kitted out with solar PV plant

15th October 2018 Fast food franchise Roman’s Pizza’s head office in Centurion, Gauteng, has installed a 137 kW grid-tied photovoltaic (PV) solar plant, which is one of several actions the company is implementing to help conserve the environment. Other green initiatives by Roman’s include eliminating plastic... 

Mondi proceeds with Slovakia kraft top white machine project, but costs rise

15th October 2018 After receiving permitting approvals, global packaging and paper group Mondi will invest in a new 300 000 t/y kraft top white machine at its Ruzomberok factory, in Slovakia, with start-up expected towards the end of 2020. “This investment provides an exciting opportunity for Mondi to leverage... 

Prudent capital allocation keeps Balwin performing in H1 despite challenging climate

15th October 2018 JSE-listed housing developer Balwin Properties handed over 1 058 residential units, which contributed to a 33% increase in revenue to R1.19-billion for the six months ended August 31. An average unit selling price of R1.12-million was achieved, compared with R1.2-million in the same period of... 

Galileo hits high zinc mineralisation in Phase 2 drilling programme

15th October 2018 Aim-listed Galileo Resources has completed its Phase 2 diamond drilling programme and reported positive assay results so far for the first eight holes analysed, at its 80.75%-owned Star Zinc project, in Zambia. Phase 2 comprised 24 holes totalling about 1 000 m to depths, from surface, of... 

Consultants confirm at least 1Moz potential at Cora Gold’s Mali prospect

15th October 2018 A report compiled by SRK Consulting has confirmed that gold explorer Cora Gold’s Sanankoro project, in Mali, has the potential to delineate between one-million and two-million ounces of gold to a depth of 100 m, also indicating the potential for significant further upside at depth. SRK derived an... 

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