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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

South Africa adopts new LPG pricing formula

17th July 2020 The Department of Mineral Resources and Energy has switched to a new formula for calculating official domestic liquefied petroleum gas (LPG) prices. The formula is linked to global energy and commodity price reporting agency Argus’ calculations of freight and logistics costs.  

Chrometco narrows full-year losses

16th July 2020 JSE-listed chrome miner Chrometco says that despite the impact of the low chrome price during the latter part of the financial year ended February 29, the company’s results had improved compared with the prior financial year's performance. In the year under review, the company’s Black Chrome... 

Low rough diamond demand hits De Beers hard in second quarter

16th July 2020 Diamond miner De Beers reported a 54% year-on-year decrease in production to 3.5-million carats in the second quarter of the year. This was owing to the Covid-19 lockdown measures in South Africa, Namibia, Botswana and Canada where the miner operates.  

ECDC closes offices as staff members contract Covid-19, CFO dies

16th July 2020 Fund management company, the Eastern Cape Development Corporation, has closed its Queenstown regional office and its East London head office until further notice to allow for decontamination measures. Five staff members have contracted Covid-19 since June 30.  

Global mayors put social, climate wellbeing at the forefront of crises recovery

16th July 2020 Mayors representing the Global Mayors Covid-19 Recovery Task Force held a press conference on July 15 to release a detailed agenda that outlines specific measures and principles that are necessary for a sustainable and equitable recovery that addresses the immediate pandemic, as well as ensures... 

Amplats loses 521 600 oz of output amid Covid shutdown

16th July 2020 JSE-listed Anglo American Platinum (Amplats) lost 521 600 oz of platinum group metal (PGM) production in the quarter ended June 30 as a result of Covid-19 restrictions. The company reported a 41% year-on-year decrease in platinum, palladium, rhodium, ruthenium and iridium (5E) and gold... 

Astral chair, CEO test positive for Covid-19

16th July 2020 Poultry producer Astral has informed stakeholders that both its chairperson Dr Theuns Eloff and CEO Chris Schutte have tested positive for Covid-19. Eloff is self-isolating at home and is receiving medical treatment for his symptoms, while Schutte is under strict supervision by physicians while... 

Medium-term M&A forecast looks brighter, says Baker McKenzie

15th July 2020 Law firm Baker McKenzie says merger and acquisition (M&A) activity decreased across Africa in the first half of this year in terms of volume and value, with some exceptions in Nigeria. Going forward, dark clouds also remain over the M&A market on the continent in the short term, with economic... 

Powerships can help Eskom save R28bn a year, says Karpowership

15th July 2020 The Council for Scientific and Industrial Research and the Department of Minerals and Energy have estimated that Stage 2 load-shedding costs the economy R150-million an hour. This is posing a threat to South Africa’s economic recovery from Covid-19 and it is critical to fast-track emergency... 

Coca-Cola Beverages rolls out returnable PET bottle to more provinces

15th July 2020 Coca-Cola Beverages South Africa (CCBSA) is expanding the roll-out of its returnable 2 ℓ polyethylene terephthalate (PET) bottles across northern Gauteng, Limpopo and Mpumalanga. This follows the successful roll out of these bottles in the Eastern Cape as a pilot project in February.  

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