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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

Sasol E&PI takes steps to expand its African portfolio

6th November 2019 Sasol Exploration and Production International (Sasol E&PI) aspires to extend its gas supply from Southern Mozambique into other Southern African countries and West Africa. “We will progressively grow our exploration and production portfolio in Africa, with West Africa representing a key... 

Gauteng dam levels drop further

6th November 2019 High temperatures and a lack of rainfall have continued to put pressure on dwindling dam levels across the country and especially within the Integrated Vaal River System (IVRS). The Department of Water and Sanitation on Wednesday reiterated its cry for consumers to cut back on their water use,... 

Up to Seriti to resolve coal supply contract with Eskom – South32

6th November 2019 Coal mining company Seriti Resources has concluded agreements to acquire South32’s majority shareholding in South Africa Energy Coal (SAEC) for R100-million in cash and further deferred payments of up to R1.5-billion a year to 2024. Seriti will buy South32’s 91.8% shareholding, while the... 

Telkom expects interim HEPS to decrease by up to 40%

5th November 2019 JSE-listed telecoms group Telkom expects to report a decrease of between 30% and 40% in headline earnings per share (HEPS) to between 165c and 193c for the six months ended September 30. This compares with the HEPS of 276c reported for the first half of 2018.  

Sasol sets out plan to cut emissions by 10% by 2030

5th November 2019 Petrochemicals giant Sasol is targeting a 10% reduction in its greenhouse gas (GHG) emissions by 2030, bringing the current 56-million tonnes a year of emissions down to 50-million tonnes. This forms part of Sasol’s commitment to mitigate climate change, especially considering that the group is... 

Royal IHC offers bespoke solutions for African ports

5th November 2019 Innovative maritime equipment and services provider Royal IHC says Africa is developing at a challenging time, where the need for greater African economic integration is urgent. At the same time, China seeks growth in Africa and Russia and the Organisation for Economic Cooperation and Development... 

ETFs, central banks continue to turn to gold for investment

5th November 2019 Holdings in gold-back exchange-traded funds (ETFs) hit a record high of 2 855.3 t, valued at about $136-billion, in the third quarter, owing to accommodative monetary policies and safe-haven and momentum buying. This while the gold price had sustained support up to $1 500/oz during the quarter.  

Gold price, exchange-traded investment highest in almost seven years

5th November 2019 The value of gold hit a six-and-a-half-year high at $1 546/oz at the start of September, driven by investor sentiment and macroeconomic factors, says financial markets data provider Refinitiv in its latest ‘GFMS Gold Survey’. Over the third quarter of the year, gold recorded a “spectacular”... 

South Africa nears one-day business registration

4th November 2019 Trade and Industry Minister Ebrahim Patel on Monday lauded the launch of a pilot phase of a new business portal called Biz Portal by the Companies and Intellectual Property Commission. The single integrated company registration platform will enable entrepreneurs to register a business within a... 

Sappi finalises Canadian pulp mill acquisition

4th November 2019 JSE-listed paper and packaging company Sappi on Monday announced the finalisation of the acquisition of the Matane hardwood pulp mill, in Quebec, Canada, from Rayonier Advanced Materials. The additional mill will increase Sappi’s pulp supply for its fast-growing packaging businesses in North... 

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