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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

Hulisani expects loss a share of at least 54c

22nd May 2020 JSE-listed energy investment company Hulisani expects to report a loss a share of between 54c and 64c for the year ended February 29. This represents an 8% to 28% widening of the 50c a share loss reported for the financial year ended February 28, 2019.  

All Star appoints seasoned mining veterans to its board

22nd May 2020 London-listed junior mining investment company All Star Minerals has appointed Ian Harebottle and Richard Lloyd as directors. Harebottle is a former CEO of Aim-listed companies Gemfields and TanzaniteOne.  

RTG to raise $6m in private placement

22nd May 2020 ASX- and TSX-listed RTG has received commitments to raise about $6-million, or A$9-million, in a private placement to Australian and international investors. “The private placement received strong institutional support, demonstrating the considerable interest in RTG’s interest in the high-grade... 

Lynas says political debate puts US Defence contract progress on hold

22nd May 2020 A political debate on the merits of rare-earth supply in the US has put on hold progress on the US Department of Defense (DoD) Phase 1 contract for a heavy rare-earth separation facility. This is according to Australia's Lynas, which on April 22 had been advised of the DoD's intent to award a... 

Victoria helps relieve explorers of extra pressures during Covid-19

22nd May 2020 The Victoria government in Australia has started implementing short-term measures to help mineral exploration activity continue through the Covid-19 pandemic. These include a temporary reduction in fees, charges and rents, as well as other flexible licence conditions.  

Great Western takes option on 48 claims in Nevada

22nd May 2020 Aim-listed Great Western Mining Corporation (GWMO) has signed an option agreement with Nevada Select Royalties to acquire 48 mineral claims in Nevada, which are prospective for gold and silver. Nevada Select is a subsidiary of Ely Gold Royalties.  

Red 5 buys more prospective deposits around Darlot mine

22nd May 2020 Australian gold miner Red 5 has exercised an option to buy gold deposits 10 km north of its Darlot mine, in Western Australia. The deposits - Cables and Mission - were last reported by Leopard Resources to host an inferred resource of 185 000 oz.  

Clayton Valley study proves viability for Cypress to go ahead with pilot plant

22nd May 2020 TSX-V-listed Cypress Development has announced positive results from a prefeasibility study (PFS) of the company’s Clayton Valley lithium project, in Nevada, US. The study, prepared by Continental Metallurgical Services, envisions an average production rate of 15 000 t/d to produce 27 400 t/y... 

Core Lithium nears official signing of second offtake agreement

22nd May 2020 ASX-listed Core Lithium has signed a nonbinding agreement to supply its first European offtake partner, Transamine Trading. The term sheet of the agreement paves the way for a binding agreement later this year, which will see Core supplying 50 000 t/y of lithium concentrate for five years to... 

TNT acquires uranium, vanadium claims in Utah

22nd May 2020 ASX-listed TNT Mines has entered into a binding share sale agreement to acquire Vanacorp Aust and its wholly-owned US subsidiary, Vanacorp USA. Vanacorp USA owns 200 unpatented lode claims that are prospective for uranium and vanadium, together called the East Canyon project, which is located... 

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