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Marleny Arnoldi

Marleny Arnoldi

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

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Ivanhoe appoints energy veteran as chair of Kamoa Copper

9th April 2021 TSX-listed Ivanhoe Mines has appointed Ben Munanga to succeed Louis Watum as chairperson. Kamoa Copper is the Democratic Republic of Congo (DRC) operating company of the joint venture between Ivanhoe Mines, Zijin Mining Group, Crystal River and the government of the DRC. 

S&P upgrades Petra’s credit rating, but negative outlook remains for now

9th April 2021 Ratings agency Standard & Poor’s (S&P) Global has raised its long-term issuer credit rating on London-listed Petra Diamonds to ‘B-‘ from ‘D’, after the company reduced its debt by $375-million and extended its maturities for the next two years. S&P forecasts that Petra’s ratings-adjusted debt... 

Exxaro sells Coal Central operations to Overlooked Colliery

9th April 2021 JSE-listed diversified miner Exxaro Resources has signed a definitive sale and purchase agreement with black-owned mining entity Overlooked Colliery for the Exxaro Coal Central (ECC) operations. This while a disposal process is ongoing for the Leeuwpan coal mine.  

Green hydrogen could help SA increase energy exports

9th April 2021 South Africa has traditionally been a net importer of energy, but a relatively new clean technology could be pivotal in helping South Africa become an exporter and dramatically cut the country’s carbon emissions, says Rand Merchant Bank (RMB). RMB CEO James Formby says that although green... 

Draft Geoscience Act regulations could benefit exploration, but gaps remain

9th April 2021 Mineral Resources and Energy Minister Gwede Mantashe has published for public comment draft Geoscience Act regulations relating to the compulsory submission of exploration data to the Council for Geoscience (CGS) and the dissemination of that data. Written representations must be sent to... 

Akobo declares high-grade mineral resource estimate for Ethiopia project

8th April 2021 Akobo Minerals has announced an “encouraging” maiden mineral resource estimate for its Segele project, in Ethiopia. After 3 160 m of drilling over seven months at the site, the company has achieved an inferred mineral resource of 87 000 t at 20.9 g/t gold, equal to 52 410 oz of gold. 

Coal output poised for growth this year after 2% fall in 2020

8th April 2021 Research agency GlobalData expects global coal output to have declined by 2% in 2020 owing to Covid-19-related lockdowns and restrictions. Notably, significant reductions have been observed in the US at 23.6%, Indonesia at 13.1%, Russia at 8.1% and Australia at 5.5%.  

NUM asks govt to intervene in Blyvoor unrest

8th April 2021 The National Union of Mineworkers (NUM) in the Carletonville region is appealing for government intervention around the Blyvoor gold mine, as labour and social unrests are escalating. The union explains in a statement issued on April 7 that tension has been building up between workers and... 

TWK posts interim profit growth on the back of diverse revenue streams

8th April 2021 Diversified agricultural company TWK says the diversity of its income streams has provided resilience amid the Covid-19 pandemic, resulting in the company posting a 41% year-on-year increase in profit after tax to R90-million for the six months ended February 28. CEO André Myburgh points out... 

Osisko Mining publishes promising PEA for Windfall project

8th April 2021 Canadian miner Osisko Mining has announced positive results from an independent preliminary economic assessment (PEA) on its wholly-owned Windfall gold project, located in the Abitibi greenstone belt, in Quebec. The PEA provides a robust base case assessment for developing the gold deposit as... 

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