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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

Toro Gold’s first year of production at Senegal mine exceeds expectations

21st January 2019 Gold miner Toro Gold exceeded its 2018 production forecast by 17%, with 156 926 oz produced from its 90%-owned Mako mine, in Senegal. The company had forecast production of 134 294 oz following the first gold pour in January 2018.  

Russian gold miner Highland eyes higher output in 2019

21st January 2019 Aim-listed Highland Gold Mining produced 269 500 oz gold and gold equivalent in 2018, which met the guidance range of between 265 000 oz and 275 000 oz. The production was a 1% decrease compared with the 272 274 oz produced in 2017.  

Amplats finalises R1.8bn Bafokeng Rasimone JV interest sale to RBPlat

18th January 2019 Anglo American Platinum’s (Amplats’) subsidiary Rustenburg Platinum Mines (RPM) has completed the disposal of its 33% interest in the Bafokeng Rasimone Platinum Mine joint venture (JV) to Royal Bafokeng Platinum (RBPlat) and Royal Bafokeng Resources (RBR). RBR took ownership of the operation on... 

Amplats lowers production guidance for next three years

18th January 2019 Anglo American Platinum (Amplats) on Tuesday said its production guidance would change from January 1, 2019, as Sibanye-Stillwater’s platinum group metals material would no longer be bought as concentrate, but toll treated, with the refined metal returned to Sibanye. Resultantly, metal in... 

Anglo anticipates continual production growth to 2022

18th January 2019 Diversified miner Anglo American is targeting incremental yearly earnings before interest, taxes, depreciation and amortisation (Ebitda) of between $3-billion and $4-billion by 2022. CE Mark Cutifani on Tuesday said the group had completely transformed the quality of its asset portfolio and its... 

Steenkampskraal to progress BFS following court case conclusion

18th January 2019 Steenkampskraal Holdings (SHL) will now proceed with a bankable feasibility study (BFS) at its Steenkampskraal rare earths mine, in the Western Cape, following the conclusion of a court case between SHL and contractor ERES Engineering Projects. The High Court last week rescinded the contracts... 

AEMFC says will submit bid for Optimum assets

17th January 2019 An African Exploration Mining and Finance Corporation- (AEMFC-) led consortium on Thursday announced that it would submit a bid for the Optimum Coal assets, which are currently in business rescue. State-owned AEMFC believed the Optimum Coal transaction would be fundamental to the country’s... 

Asanko progresses Esaase trial mining, exceeds production guidance

17th January 2019 TSX- and NYSE-listed Asanko Gold delivered a strong operational performance in the final quarter of 2018, producing 59 823 oz of gold, taking full year output to 223 152 oz. This was above guidance of 200 000 oz to 220 000 oz.  

Gold drilling demand ensures solid revenue, contracts for Capital Drilling

17th January 2019 LSE-listed Capital Drilling exceeded the top end of its revenue guidance of $105-million to $115-million for 2018, on the back of a strong performance at its West African contracts. It earned $116-million in revenue.  

Shanta Gold sets numerous mining, milling records in 2018

17th January 2019 Aim-listed Shanta Gold produced 23 942 oz of gold from its New Luika mine, in Tanzania, in the fourth quarter last year – a 21% increase compared with the third quarter. Production was achieved at a cash cost of $514/oz and an all-in sustaining cost (AISC) of $701/oz.  

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