R/€ = 16.27 Change: 0.04
R/$ = 15.00 Change: 0.13
Au 1643.00 $/oz Change: 11.31
Pt 972.06 $/oz Change: -9.43

Marleny Arnoldi

Marleny Arnoldi

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

Tel: +2711 622 3744


Gemfields’ shares start trading on London’s Aim

14th February 2020 JSE- and Botswana-listed Gemfields on Friday also started trading on the Aim market of the LSE. At the time of admission, the company’s total issued share capital consisted of 1.2-billion ordinary shares, of which 96-million were held by the company itself. “The Aim listing seeks to provide UK,... 

Greenpeace welcomes ‘climate crisis’ recognition in SoNA

14th February 2020 Greenpeace Africa appreciates that President Cyril Ramaphosa is seemingly taking the “climate crisis” seriously. Commenting on the President’s State of the Nation Address (SoNA), which was delivered on Thursday, Greenpeace Africa political adviser Happy Khambule says Ramaphosa has displayed... 

YES has made progress on the job creation front since 2018

14th February 2020 President Cyril Ramaphosa during his fourth State of the Nation Address on Thursday made special mention of the Youth Employment Service (YES) and how far it has come in providing work opportunities for young people. Since its inception in April 2018, YES has created more than 32 000 work... 

Indian jewellery market increasingly preferring platinum over traditional gold

14th February 2020 Platinum Guild International’s (PGI’s) February 2020 Insight report shines a light on how marketing can leverage shifts in demographics and steer consumer behaviour to create demand across consumer segments in India. PGI reports that India has become the fastest growing platinum jewellery... 

Katoro hopes to sell subsidiary soon, continues to explore Tanzanian deposit

14th February 2020 Aim-listed gold and nickel project developer Katoro Gold has been pursuing various project opportunities to benefit the company and advance what it says is a transformational phase for the company. Subject to funding being secured, the company’s tailings exploitation joint venture with South... 

Metal Tiger increases stake in Kalahari Metals

14th February 2020 Aim-listed Metal Tiger plans to invest a further $1.5-million in Botswana-based Kalahari Metals (KML), which will increase its stake in the company to 62.2%. Additionally, Metal Tiger has been conditionally granted a 2% net smelter royalty over all of KML’s wholly-owned licences, which... 

Commission finds in favour of Enaex, Sasol Explosives merger

14th February 2020 The Competition Commission has unconditionally approved a proposed merger whereby international explosives distributor Enaex intends to acquire JSE-listed petrochemicals company Sasol’s Explosives business. Enaex commercialises, distributes and manufactures explosives and blasting agents. It... 

Seifsa, Minerals Council react positively to SoNA commitments

14th February 2020 The mining and metals and engineering sectors have mostly welcomed President Cyril Ramaphosa’s plans around energy and infrastructure, following his State of the Nation Address (SoNA) on Thursday night. The Minerals Council South Africa said in a statement that it was encouraged by the... 

SARB starts process of selling African Bank stake

14th February 2020 The South African Reserve Bank (SARB) has published a request for proposals (RFP) to appoint a transaction adviser relating to the future sale of its shareholding in JSE-listed African Bank. SARB acquired a 50% shareholding in African Bank in 2016, as part of African Bank’s restructuring, after... 

Brexit does not pose immediate threat to SA

14th February 2020 Although the implementation of Brexit from Friday evening marks a historic fork in the road in economic relations between the UK and the European Union (EU), not much will change for South Africa in the immediate future, says North West University (NWU) Business School Professor Raymond Parsons.... 

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