R/€ = 16.01 Change: -0.04
R/$ = 14.15 Change: -0.03
Au 1333.71 $/oz Change: 10.66
Pt 814.03 $/oz Change: 8.93

Marleny Arnoldi

Marleny Arnoldi

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

Tel: +2711 622 3744


Barrick continuously improves performance from Mali operations

23rd January 2019 Canadian miner Barrick Gold Corporation’s Loulo-Gounkoto complex, in Mali, has had a fourth consecutive quarterly improvement in gold production. This was despite an illegal work stoppage that resulted in it missing its full year production guidance of 690 000 oz by 4%.  

Gold Fields denies interest to merge with AngloGold Ashanti

23rd January 2019 JSE- and NYSE-listed Gold Fields has denied that it wants to merge with its competitor AngloGold Ashanti, stating that an article published by Bloomberg on Tuesday was factually incorrect. Bloomberg quoted a person familiar with the matter as saying Gold Fields wanted to merge with AngloGold as... 

PTM to raise $4m for Waterberg DFS

23rd January 2019 TSX- and NYSE-listed Platinum Group Metals (PTM) intends to sell up to three-million common shares at $1.33 apiece for gross proceeds of up to $4-million. The company intends to use the proceeds for its share of remaining costs to complete a definitive feasibility study (DFS) on the Waterberg... 

Guyana Goldfields sets meeting date to discuss Sheridan dissidents

22nd January 2019 TSX-listed Guyana Goldfields will hold a special meeting of shareholders on May 22, alongside its yearly general meeting, to discuss matters related to its former chairperson Patrick Sheridan. A meeting was requisitioned by a group of dissident shareholders, led by Sheridan, who was... 

Champion Iron in exploration JV adjacent to Bloom Lake mine

22nd January 2019 TSX- and ASX-listed Champion Iron has reached a one-year joint venture (JV) agreement with CSE-listed Supreme Metals to access claims located on the Bloom Lake East property, adjacent to Champion’s flagship asset – the Bloom Lake iron-ore mine, in Quebec. Supreme conducted magnetic survey work... 

Zimbabwe Lithium to start DMS plant construction by Q2

22nd January 2019 Zimbabwe Lithium Company completed bulk testwork on tailings material from its Kamativi tailings project, in Zimbabwe, during the last quarter of 2018. The testwork was completed with the help of South African national mineral research organisation Mintek.  

Roxgold ups 2019 guidance on back of strong 2018 gold production

22nd January 2019 TSX-listed Roxgold expects to produce between 145 000 oz and 155 000 oz gold in 2019, at an all-in sustaining cost of between $765oz and $795/oz. The company produced 132 656 oz in 2018, exceeding its revised guidance of between 120 000 oz and 130 000 oz.  

Eldorado beats guidance, on track for Q1 Lamaque commercial production

22nd January 2019 TSX- and NYSE-listed Eldorado Gold exceeded 2018 production guidance, producing 349 147 oz of gold. The target was set at between 290 000 oz and 330 000 oz. Eldorado produced 292 971 oz in 2017.  

Jervois to acquire M2 Cobalt to propel its East African ambitions

22nd January 2019 ASX-listed Jervois Mining will acquire TSX-V-listed M2 Cobalt as it seeks to gain a foothold in East Africa. Under the terms of the agreement, each common share of M2 will be exchanged for one common share of Jervois. This represents an implied offer price of C$0.262 apiece, based on the closing... 

Universal achieves steady increase in production, earnings in Q2

22nd January 2019 ASX-listed Universal Coal is on track to achieve forecast earnings before interest, taxes, depreciation and amortisation (Ebitda) guidance of A$93-million for the 2019 financial year. The coal miner achieved Ebitda of A$30.5-million, of which A$17-million was attributable, for the quarter ended... 


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