R/€ = 18.38 Change: 0.07
R/$ = 15.27 Change: 0.20
Au 1812.17 $/oz Change: 35.88
Pt 1001.24 $/oz Change: 41.74

Marleny Arnoldi

Marleny Arnoldi

Marleny Arnoldi is a Creamer Media Senior Online Writer for Engineering News and Mining Weekly.

Tel: +2711 622 3744


Nampak posts R283m operating loss

1st December 2020 JSE-listed packaging manufacturer Nampak has reported a loss of R4.3-billion for the year ended September 30. CEO Erik Smuts attributed the loss mainly to impairments related to goodwill at Bevcan Nigeria and assets at Bevcan Angola, Plastics South Africa and DivFood.  

Irena partners with Ocean Energy Europe to foster incentives, regulatory reforms for ocean energy

1st December 2020 The International Renewable Energy Agency (Irena) has signed a memorandum of understanding with Ocean Energy Europe (OEE) to accelerate the commercialisation of ocean energy technologies by promoting the right policy incentives and innovative business models in Europe and globally. OEE and... 

Agribusiness Confidence Index jumps to 61 in the fourth quarter

1st December 2020 The Agricultural Business Chamber/Industrial Development Corporation Agribusiness Confidence Index has rallied to 61 points in the fourth quarter – its highest level since the third quarter of 2014. This followed a notable recovery to 51 points in the third quarter of the year, implying that... 

Absa PMI decreases again to 52.6

1st December 2020 The Absa Purchasing Managers’ Index (PMI) has declined to 52.6 index points in November, from 60.9 points recorded in October. Financial services provider Absa explains that the decline comes after three consecutive upward moves and brings the index to its lowest level since July.  

Glencore’s takeover of Orsted LNG effective

1st December 2020 Diversified miner Glencore on December 1 completed the acquisition of Danish multinational power company Orsted’s liquefied natural gas (LNG) business. Under the terms of the transaction, Glencore’s oil division has taken over a number of LNG supply contracts, as well as the right to use... 

Feasibility study, PEA map out plans for Platreef over the next five years

1st December 2020 TSX-listed Ivanhoe Mines says its South African subsidiary Ivanplats has shared positive findings in its independent Platreef ‘Integrated Development Plan (IDP) 2020’. The plan encompasses an updated feasibility study and preliminary economic assessment (PEA) for the tier-one platinum,... 

Mkango announces grant-funded project for recycling audio products’ rare earths

30th November 2020 Aim-listed Mkango Resources has announced that its indirect subsidiary HyProMag and partners, European Metal Recycling (EMR) and the University of Birmingham, have been awarded a grant by the Industrial Strategy Challenge Fund, delivered by UK Research and Innovation, for a new project called... 

Vukile reports R206m interim loss

30th November 2020 JSE-listed Vukile Property Fund has managed to contain its retail vacancies at 3% in the six months ended September 30, while sustaining a rent collection rate of 95%. The company, in its latest results statement, says the footfall at its properties was at 86% for the six months under review,... 

SABS elected to serve on ISO council once again

27th November 2020 The South African Bureau of Standards (SABS) has been elected by the members of the International Organization for Standardisation (ISO) to serve on its council, effective January 2021 to December 2023. The ISO is an independent, nongovernmental international organisation with a membership of... 

Shosholoza Meyl to resume operations on major routes

27th November 2020 The Passenger Rail Agency of South Africa’s (PRASA’s) long-distance train passenger service Shosholoza Meyl has resumed its major festive season travel routes, effective November 27. Passengers are able to travel from Johannesburg to Cape Town, Durban, Musina, Polokwane, East London, Port... 

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