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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

Village Main Reef acknowledges operational, financial challenges

5th February 2020 Gold miner Village Main Reef (VMR) has confirmed that, owing to the operating and financial constraints experienced by it, its China-based parent company Heaven Sent Gold has postponed its planned listing on the Hong Kong Stock Exchange. VMR CEO Jeff Dong said the postponement of the listing was... 

Wine producers, cellars to participate in wine tourism survey

5th February 2020 To determine the economic value of the wine tourism sector, wine industry body Vinpro has launched a survey among its members and South Africa’s wine route offices. The organisation, in a statement on Wednesday, said the survey would provide a credible benchmark that could be used to track the... 

Southern African association to co-chair World Citrus Organisation

5th February 2020 The Citrus Growers’ Association of Southern Africa (CGASA) has been appointed a co-chair of the World Citrus Organisation (WCO). This was announced during the official founding of the WCO, at the international fresh produce trade show Fruit Logistica, in Berlin, on Tuesday.  

Namibia Critical Metals finds promising light rare earths samples

5th February 2020 TSX-V-listed Namibia Critical Metals (NMI) has reported positive results from rock samples taken from its 95%-owned Kunene project area, in Namibia. This project is situated about 340 km north of the company’s Lofdal heavy rare earths project and represents a new light rare earth opportunity... 

Low dissolving wood pulp prices overshadow Sappi’s packaging successes

5th February 2020 A good performance from JSE-listed Sappi’s European and North American packaging and specialities segments, as well as the graphic paper business, was not enough to offset the impact from markedly lower dissolving wood pulp (DWP) prices in the company’s first quarter ended December 31. CEO... 

Plateau PEA confirms Peru-based project economics

5th February 2020 TSX-V-listed Plateau Energy Metals this week shared its Falchani project preliminary economic assessment (PEA), which finds that the project can become a large, long-life producer of low cost and battery-grade lithium carbonate (Li2CO3). The PEA envisions an average production capacity of about... 

POW completes first stage of due diligence for Alamo project

4th February 2020 Aim-listed Power Metal Resources (POW) has completed the initial due diligence related to the Alamo project, in Arizona, taking it a step closer to earning in a 60% interest in the project. The Alamo project is a package of mining claims covering an area of 340 acres. The project was... 

Joburg Water on drive to fix all damaged pipes, starting with Soweto, Alexandra

4th February 2020 Joburg Water has announced that it will intensify its efforts to repair or replace aging and obsolete water infrastructure in Soweto, Orange Farm and Alexandra. This will reduce water losses owing to leaks – the entity lost about 38% of its bulk supply in 2019 owing to damaged infrastructure.  

Alacer ends 2019 with strong free cash flow, solid production

4th February 2020 TSX- and ASX-listed Alacer Gold had an “exceptional” year in 2019, resulting in the generation of more than $215-million of unlevered free cash flow, against a net debt of $47-million. With the company’s operating foundation set as an intermediate producer, its focus this year is to prioritise... 

South African mining far from former glory; needs to focus on tech, ESG

4th February 2020 A new report by business advisory firm FTI Consulting discusses the pivotal role of South Africa in the global mining industry and how mining has supported South Africa’s industrial development. This comes as the Investing in African Mining Indaba is being held in Cape Town this week.  

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