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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

Surge to create copper/gold spin-off company

11th January 2019 TSX-V-listed Surge Exploration has approved, in principle, a strategic reorganisation of the company’s assets, in which the company would spin off its interests in the copper/gold Hedge Hog and Mineral Mountain exploration projects in British Columbia, into a newly incorporated subsidiary called... 

ITE Group, LSE celebrate upcoming Mining Indaba

11th January 2019 ITE Group CEO Mark Shashoua on Friday ceremonially opened trading on the LSE, while celebrating the upcoming twenty-fifth edition of the Investing in African Mining Indaba conference, which ITE Group owns. The LSE opening event was attended by partners from the World Gold Council, Memery... 

Trans-Siberian expects to exceed 2018 gold guidance, secures cheaper electricity

11th January 2019 LSE-listed Russian miner Trans-Siberian Gold expects to exceed its 2018 gold production guidance of between 36 000 oz and 40 000 oz, as a result of an improved operational performance and improving gold grades. The average gold grade for the third quarter last year was 7.8 g/t gold.  

Agbiz appoints GM for Fruit Desk initiative

11th January 2019 Agricultural Business Chamber South Africa (Agbiz) has appointed Stephanie van der Walt Fruit Desk GM. The Fruit Desk is an initiative of Fruit South Africa, specifically the Citrus Growers Association, Hortgro, the South African Table Grape Industry and the Fresh Produce Exporters Forum, in... 

Sibanye retains favourable debt covenant

11th January 2019 JSE- and NYSE-listed Sibanye-Stillwater on Friday announced that all lenders of its dollar and rand revolving credit facilities (RCF) have agreed to retain the upper limit of the RCF until December 31. The RCF comprises 13 South African and international banks. The upper limit of the RCF is net... 

Georgian Mining a step closer to exploration permit approval

11th January 2019 Aim-listed Georgian Mining Corporation CEO Mike Struthers on Friday announced that the Georgian government had held a Cabinet meeting late in December to discuss the pending exploration permit for the company’s 50%-owned Bolnisi copper/gold project. The company had been expecting a resolution... 

Armadale sells Mpokoto project to African Royalty

11th January 2019 Aim-listed Armadale Capital has entered into a final formal agreement with African Royalty Company, which intends to acquire the Mpokoto gold project in the Democratic Republic of Congo (DRC). The agreement crystallises the value of the project, with a company capable of obtaining the funding... 

Champion Iron appoints Michael Marcotte investor relations VP

11th January 2019 TSX- and ASX-listed Champion Iron has appointed Michael Marcotte investor relations VP. Marcotte – a chartered financial analyst – previously spent 15 years working with resource equities for Macquarie Capital Markets Canada.  

Endeavour Silver delivers solid FY18 silver, gold production

11th January 2019 TSX- and NYSE-listed Endeavour Silver Corporation has reported consolidated silver production of 5.5-million ounces and gold production of 52 967 oz of gold for 2018. The company reported silver-equivalent production of 9.5-million ounces at a 75:1 silver to gold ratio.  

Lucara recovers 127 ct diamond from Karowe

11th January 2019 TSX-, Nasdaq- and Botswana Stock Exhange-listed Lucara Diamond Corporation on Thursday recovered a 127 ct, top white gem-quality diamond from its Karowe diamond mine, in Botswana. Since mining started at Karowe in 2012, the company has recovered 129 diamonds in excess of 100 ct, including 12... 

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