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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

Competition Appeal Court to hold Sibanye, Lonmin merger hearing on April 2

25th January 2019 JSE- and NYSE-listed Sibanye-Stillwater on Friday announced that the Competition Appeal Court of South Africa had set April 2 as the date to hear the appeal filed by the Association of Mineworkers and Construction Union (AMCU) against Sibanye’s planned takeover of LSE- and JSE-listed Lonmin.... 

Freeport-McMoRan Q4 income slides, but FY profit still up

24th January 2019 NYSE-listed Freeport-McMoRan on Thursday a drop in fourth-quarter revenue and net income, although the base metals miner finished the year on a stronger foot than in 2017 and said it remained confident in the long-term outlook for copper. The miner posted revenue of $3.68-billion in the fourth... 

Vedanta commits to $1.2bn investment into South Africa

24th January 2019 Diversified natural resources company Vedanta will in the near future have invested $1.2-billion in South Africa. It has already invested $400-million in the development of the first phase of the Gamsberg mine, in the Northern Cape. Development of the mine started in 2016 and it produced its... 

Endeavour lifts 2019 guidance after strong 2018 performance

24th January 2019 TSX-listed Endeavour Mining achieved a 52% increase in production to 612 000 oz of gold for 2018, beating the top end of its guidance of 555 000 oz to 590 000 oz. The company also reduced its all-in sustaining cost (AISC) by about $30/oz to $745/oz, which is below the guidance range of $760/oz... 

Kaz reports strong copper, gold production for 2018

24th January 2019 Kazakhstan- and London-listed Kaz Minerals managed to increase its copper production for 2018 by 14% to 294 700 t, compared with 258 500 t in 2017, hitting the upper end of its 270 000 t to 300 000 t guidance. The company’s gold production for the year also increased to 183 400 oz, compared... 

Polyus upgrades mineral resource, sets production record at 2.4Moz

24th January 2019 Moscow- and London-listed Polyus has updated the mineral resource estimate for its Sukhoi Log project, and reported a maiden Joint Ore Reserves Committee-compliant indicated mineral resource estimate completed by AMC Consultants. The estimated mineral resources at Sukhoi now stand at... 

Alrosa aims for 38m ct production in 2019

24th January 2019 Russian diamond miner Alrosa reported 2018 production volumes of 36.7-million carats and sales of 38.1-million carats. Production declined by 7% year-on-year, owing to the shutdown of the Mir underground mine and the completion of openpit mining at the Udachnaya pipe.  

Strongbow to get £1m injection upon Aim listing

24th January 2019 TSX-V-listed Strongbow Exploration reported on Thursday the Cornwall Council had voted in support of a £1-million investment into the company, subject to a listing on London’s Alternative Investment Market (Aim) Exchange. “We welcome this positive decision for the project, which reflects the... 

Kropz anticipates first phosphate ore from long-awaited Elandsfontein by year-end

23rd January 2019 Aim-listed emerging phosphate producer Kropz is finalising the design of processing plant upgrades at its 74%-owned Elandsfontein project, in South Africa, with first ore to be produced by the end of the year. The mine will ramp up to steady-state production of one-million tonnes a year during... 

BlueRock expands Kareevlei resource, grades

23rd January 2019 Aim-listed BlueRock has updated its 2013 inferred level of confidence in the diamond mineral resource for the Kareevlei kimberlite cluster. The company owns and operates the Kareevlei diamond mine, in Kimberley, South Africa, and appointed Z Star Mineral Resource Consultants to compile its... 

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