R/€ = 16.22 Change: -0.11
R/$ = 14.36 Change: -0.19
Au 1238.13 $/oz Change: -7.76
Pt 793.83 $/oz Change: -10.06

Marleny Arnoldi

Marleny Arnoldi

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

Tel: +2711 622 3744


Iamgold to start 3 000 m drilling programme at Senegal project

6th December 2018 Iamgold Corporation will start a 3 000 m reverse circulation drilling programme targeting three main zones at the Dalafin gold project, in Senegal, in which Aim-listed Oriole Resources, formerly Stratex International, holds an 85% interest. Iamgold has the option to spend $8-million in... 

Alphamin draws down last of its credit facility to start tin production at Bisie

6th December 2018 TSX-V- and AltX-listed Alphamin Resources’ 80.75%-owned subsidiary, Alphamin Bisie Mining (ABM), which is based in the Democratic Republic of Congo (DRC), has received all approvals required to draw down the final $20-million of its $80-million credit facility. ABM expects to receive the funds,... 

Seven Anglo employees make top 100 women in mining list

6th December 2018 Seven female Anglo American employees made it onto the Women in Mining’s annual 100 Global Inspirational Women in Mining list. The judging panel found that Anglo subsidiary De Beers Consolidated Mines Deputy CEO Mpumi Zikalala and Anglo subsidiary Kumba Iron Ore Kolomela mine overseer Dineo... 

Singida project economics estimate 26 000 oz/y of production, IRR of 67%

5th December 2018 Aim-listed Shanta Gold has determined that openpit mining at its Singida gold mine, in Tanzania, will be capable of producing an average 26 000 oz/y for six years. The company expects to increase its total gold production from all operations to more than 100 000 oz/y from 2020.  

Petra, BEE partner conclude sale of KEM JV stake to Ekapa Mining

5th December 2018 LSE-listed Petra Diamonds on Wednesday announced the completion of the sale of its and its black economic empowerment partner’s 75.9% interest in the Kimberley Ekapa Mining joint venture (KEM JV) for R300-million to JV partner Ekapa Mining. The KEM JV incorporates the Kimberley underground... 

Physical gold buying to remain ‘solid’ in 2019 – WGC

5th December 2018 The World Gold Council (WGC) expects the key factors that drove gold pricing in the second half of this year to continue to hold sway over the market in 2019. WGC chief market strategist John Reade said in a statement issued on Wednesday that the gold price had generally trended down from... 

Financial close delay for Resgen’s Waterberg project

5th December 2018 JSE- and ASX-listed Resource Generation (Resgen) on Wednesday confirmed that the timeline for its credit committee meeting arranged by a funding syndicate member will not be met, as hoped, before the Christmas break. Last month, Resgen advised that discussions with the lender’s deal team, which... 

Sibanye writes open letter to AMCU amid violent strike at its gold operations

5th December 2018 JSE- and NYSE-listed gold miner Sibanye-Stillwater has written an open letter to Association of Mineworkers and Construction Union (AMCU) president Joseph Mathunjwa amid an ongoing strike at the miner’s gold operations. Sibanye especially condemned the “needless loss of three lives” that have... 

Licence to operate in changing social, digital landscape miners’ biggest risk – EY

4th December 2018 Licence to operate has been identified as the biggest risk to mining, a new report by professional services firm EY shows. The report, which is based on a survey of the top ten business risks facing mining and metals in 2019 and 2020, states that the stakeholder landscape is changing and miners... 

Diamcor sells 2 979 ct in November tender

4th December 2018 TSX-V-listed Diamcor sold 2 979 ct of rough diamonds for $653 652 in its November tender. That equates to an average price of $218/ct.  


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