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Marleny Arnoldi

Marleny Arnoldi

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

Tel: +2711 622 3744


Absa PMI weakens further in September

1st October 2018 The Absa Purchasing Managers’ Index (PMI) remained virtually unchanged at a weak level of 43.2 points in September. The latest figure dashed hopes that the sharp PMI decline in August – to 43.4 points, down from July’s 51.5 points – was a one-off occurrence. The August figure was already an... 

Kibo, Sepco III extend due diligence deadline to end-November

1st October 2018 Aim- and JSE-listed Kibo Energy on Monday announced that the due date by which potential equity investor Sepco III had to complete its internal investment process had been extended to November 30. This had initially been expected to be completed by September 30.  

Geoscience BC releases map data on Greenwood

1st October 2018 Earth science information organisation Geoscience BC has released a new geological map and data, which is the latest in a series of research projects to encourage mineral exploration in the regional district of Kootenay Boundary in southern British Columbia. The 1:50 000 scale “Geology of the... 

Randgold refutes Sokimo’s claims around Barrick merger affecting Kibali ownership

28th September 2018 Randgold Resources has refuted reported claims by Democratic Republic of Congo State miner Société de Miniere de Kilo-Moto SA (Sokimo) that the proposed merger between Barrick Gold and Randgold will introduce a new partner in the Kibali joint venture. Randgold said the proposed merger would... 

Wesizwe proceeds with development despite interim losses

28th September 2018 JSE-listed Wesizwe Platinum swung to a R14.9-million loss for the six months ended June 30, from a R19-million profit in the first half of the prior year. The basic loss a share for the period was 0.92c, compared with earnings a share of 1.17c in the prior comparable period.  

ANS Mining concludes equity deal with Kefi’s TKGM subsidiary

28th September 2018 Aim-listed Kefi Minerals on Friday confirmed that ANS Mining Share Company had signed a binding project equity investment agreement for its subscription of new equity capital into Tulu Kapi Gold Mines (TKGM) for a minimum of $30-million, which would earn it a stake of 23% in TKGM. The agreement... 

Basil Read to proceed with business rescue plan

28th September 2018 JSE-listed construction group Basil Read’s business rescue plan was approved by 99% of creditors and 98% of independent creditors during a shareholder’s meeting on Thursday. Basil Read entered into voluntary business rescue in June and its business rescue plan was published in August.  

SAIMechE appoints first female president

28th September 2018 The South African Institution for Mechanical Engineers (SAIMechE) has elected Professor Debby Blaine president for the 2018 to 2020 period. Blaine is an associate professor at Stellenbosch University’s Department of Mechanical and Mechatronic Engineering. She has served on the organisation’s... 

Firestone recovers 835 000 ct in first full year of production

28th September 2018 Aim-listed Firestone Diamonds has narrowed its loss a share to about $0.03 for the financial year ended June 30, compared with the loss a share of $0.37 in the prior comparable period. In the first full year of production at its Liqhobong mine, in Lesotho, the company’s loss decreased by 91% to... 

Mindful spending critical for sustainable infrastructure under economic stimulus package – Cesa

28th September 2018 In light of the launch last week by President Cyril Ramaphosa of an economic stimulus package for South Africa, Consulting Engineers South Africa (Cesa) reiterates that public funds management is critical to deriving true value for money. CEO Chris Campbell said in a statement issued on Friday... 


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