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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

ABM, Kalahari collaborate on Molopo Farms Complex exploration

13th May 2019 Aim-listed African Battery Minerals (ABM) has entered into an earn-in agreement over a base metals and platinum group metals (PGMs) exploration opportunity in Botswana. ABM has acquired an 18.2% interest in Kalahari Key Mineral Exploration, which owns the Molopo Farms Complex project, for $194... 

Caledonia seeks clarity on gold support price in Zimbabwe

13th May 2019 Caledonia Mining has requested clarity from Fidelity Printers & Refiners, in Zimbabwe, regarding a proposed new gold support price. Caledonia currently sells its gold production, through its Blanket Mine subsidiary, to Fidelity and is contractually entitled to receive a price that is derived... 

Vukile buys three shopping centres from Rebosis for R1.8bn

13th May 2019 JSE-listed Rebosis Property will sell three properties to JSE-listed Vukile Property Fund for R1.8-billion. The properties are Mdantsane City shopping centre, Sunnypark shopping centre and Bloedstreet Mall.  

Platinum market set to move into deficit this year – Johnson Matthey

13th May 2019 The platinum market is expected to move into deficit this year, with a resurgence in investor activity to outweigh modest falls in industrial and jewellery demand, says Johnson Matthey in its latest platinum group metals market report. The science multinational company expects a tentative... 

Octodec grows interim rental income, but warns of lower full-year dividend

13th May 2019 JSE-listed Octodec managed to grow its rental income by R47-million, or 5.2%, in the six months ended February 28, compared with the six months ended February 28, 2018, despite continued dampened consumer spend, lower growth in retail rental income and higher property operating costs. Octodec... 

Bids open for Optimum, Koornfontein coal mines

10th May 2019 The business rescue practitioners (BRPs) for the Optimum coal mine and the Koornfontein mines have put the assets back up for sale. The BRPs, along with major creditors, have set the closing date for the structured sales process at June 18.  

SSC says Vantage ‘misses’ court filing deadline in Lily, Barbrook sales dispute

10th May 2019 Siyakhula Sonke Empowerment Corporation (SSC) on Friday reported that Vantage Goldfields South Africa had failed to file final papers in a Mpumalanga High Court proceeding on the stipulated May 3 deadline and that it had subsequently requested an extension to May 13. SSC CEO Fred Arendse... 

Grain recovery offsets Kaap Agri’s drought-related challenges

10th May 2019 JSE-listed agricultural retailer Kaap Agri reported a solid set of results for the six months ended March 31, on the back of revenue growth in its Wesgraan grain handling and storage division. Wesgraan’s revenue grew by 26.6% year-on-year on the back of improved wheat harvests in the Western... 

TNPA suspends diving, angling near Durban port after sewage spill

10th May 2019 The Transnet National Ports Authority (TNPA) has suspended all diving operations and angling activities within the Durban port, owing to a severe sewage discharge that poses a risk to diving personnel and marine life, it said on Friday. The discharge stems from the failure of pumps at the... 

Lower chrome price, higher costs drag down Tharisa’s interim earnings

10th May 2019 JSE- and LSE-listed platinum-group metals (PGMs) and chrome producer Tharisa expects to report basic earnings per share (EPS) and headline earnings per share (HEPS) of $0.04 apiece for the six months ended March 31. This is a decrease of 60% compared with the EPS and HEPS of $0.10 apiece... 

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