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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

Pan African Resources expects up to 126% increase in H1 HEPS

13th February 2019 Aim- and JSE-listed Pan African Resources expects its earnings per share (EPS) for the six months to December 31, 2018, to be between 116% and 126% higher year-on-year at between 6.98c and 7.30c . This compares with the EPS of 3.23c reported for the six months ended December 31, 2017.  

OR Tambo Western Precinct construction to start before end-Feb

12th February 2019 Airports Company South Africa (ACSA) on Tuesday announced the first phase of its Western Precinct development at the OR Tambo International Airport, east of Johannesburg, would start this month and would be complete by the end of 2020. The R4.5-billion mixed-use Phase 1 development would... 

Detour, Paulson settle last item from proxy battle

12th February 2019 Canadian miner Detour Gold and investment firm Paulson & Co have agreed to the dismissal of court action that the mining company issued on July 24 last year. As part of the agreement, both companies will provide re-leases of certain claims in respect of the proxy contest, complaints made by... 

EAAB to drive transformation of the South African estate agency sector

11th February 2019 Estate agents in the property sector have long been bound by “dinosaur” legislation and the profession has remained untransformed since the advent of democracy in 1994, Estate Agency Affairs Board (EAAB) transformation committee chairperson Eugenia Kula-Ameyaw said on Monday. “The Estate Agency... 

Africa, Middle East increase onshore wind power capacity to 5.7 GW

11th February 2019 The Global Wind Energy Council (GWEC) on Monday released data that found Africa and the Middle East had installed 962 MW of onshore wind power capacity in 2018 – a 300 MW increase compared with 2017. The GWEC’s global wind report forecasts that a further 6.5 GW of capacity will be added by... 

Obuasi development on track for end-2019 gold pour

11th February 2019 AngloGold Ashanti’s Obuasi redevelopment project has completed its first week of underground development blasting, as the work to pour first gold by the end of the year gathers momentum. The first blast, on February 1, advanced development by around 4.2 m on the 2 700-level, which is accessed... 

Labour Court rejects Sibanye’s application to halt strike again

8th February 2019 Sibanye-Stillwater on Friday said the Labour Court had rejected its application to stop the ongoing strike that the Association of Mineworkers and Construction Union (Amcu) started at its gold operations in November 2018, on technical legal grounds. The court stated res judicata, which means... 

Business, industry comment on positives, negatives of SoNA 2019

8th February 2019 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) and many other industry bodies and companies have welcomed President Cyril Ramaphosa’s State of the Nation Address (SoNA), which was delivered on Thursday evening. His war on corruption and focus on economic growth,... 

Industry shares sentiments on Eskom, energy landscape following SoNA

8th February 2019 Following President Cyril Ramaphosa’s State of the Nation Address (SoNA) on Thursday evening, Business Unity South Africa (Busa) said it concurred on the urgent need to implement an effective turnaround strategy at Eskom.  The organisation also welcomed the general thrust of policies mapped out... 

Hidden Valley supports Harmony’s H1 production, but drags down HEPS

8th February 2019 Leading up to the release of its interim results for the six months ended December 31, on February 12, Harmony Gold on Friday said its headline earnings per share (HEPS) would be up to 97% lower year-on-year. Harmony reported gold production for the period of 751 000 oz, which is a 34%... 

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