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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

Major Mkango shareholder agrees to cashless exercise of warrant

4th January 2021 TSX-V- and Aim-listed Mkango Resources has announced that a significant shareholder Talaxis has agreed to amend the terms of a warrant held by it to enable a cashless exercise, in an effort to minimise dilution to Mkango shareholders. The warrant had been due to expire on December 31. 

Tirupati on track to commission second Madagascan graphite project in second quarter

4th January 2021 London-listed specialist graphite producer and graphene developer Tirupati Graphite says its Vatomina project, in Madagascar, is on track to be commissioned during the second quarter of the year. The company will build up production capacity to 6 000 t/y from this project, which, combined with... 

Capital restraint, lower mine site costs to drive down gold AISC in 2021

4th January 2021 Research agency S&P Global Market Intelligence says that, on a by-product basis, all-in sustaining costs (AISC) for gold will continue to decline this year, on the back of a weak foreign exchange environment and tight control of sustaining capital and exploration spending. In 2019, AISC was up by... 

Caledonia ups dividend to $0.11 apiece

4th January 2021 NYSE- and Aim-listed Caledonia Mining Corporation has declared a higher quarterly dividend of $0.11 apiece. This marks a 10% increase on the previous quarterly dividend of $0.10 apiece. 

Divestment of Sasol's interest in Gemini JV finalised

4th January 2021 JSE-listed petrochemicals giant Sasol says the divestment of its 50% interest in the Gemini high-density polyethylene (HDPE) joint venture to Ineos Olefins and Polymers US successfully closed on December 31, making Ineos the 100% owner of the asset. Gemini is a toll manufacturer of bimodal HDPE... 

Kefi on track to start development of Tulu Kapi early next year

11th December 2020 Aim-listed Kefi Gold and Copper has maintained an aggressive, yet risk-managed approach to maintain momentum with its projects in Ethiopia and Saudi Arabia. Chairperson Harry Anagnostaras-Adams says the company is set to start development of the Tulu Kapi gold project, in Ethiopia, early in the... 

Sibanye to proceed with buyout of shares from holders of fewer than 400 shares

11th December 2020 JSE-listed gold miner Sibanye-Stillwater advises that all conditions precedent to its odd-lot and specific offers have been fulfilled and the company will soon proceed with its implementation. The company on November 2 announced its intention to make an odd-lot offer to shareholders holding... 

Hydrogen momentum to bolster platinum-bearing PEM demand

11th December 2020 This week has seen the launch of the first-ever European Hydrogen Week from November 23 to 27, a series of events showcasing the key role hydrogen is expected to play in reaching the European Union’s (EU) “European Green Deal” objectives. The proposed European Green Deal, announced at the end... 

UP conducts real-time emissions testing to help inform policy

11th December 2020 The Centre for Transport Development, within the University of Pretoria’s (UP’s) Faculty of Engineering, Built Environment and Information Technology, has acquired a system that can measure vehicle emissions while driving. The portable emissions measurement system (Pems) unit is a first for... 

PPM joins movement for the payment of small suppliers within 30 days

8th December 2020 Pilanesberg Platinum Mines (PPM) has pledged its support for the Business for South Africa (B4SA) initiative called #PayIn30. PPM will be joining 50 other large companies who have formally committed to paying their small, medium-sized and microenterprise (SMME) suppliers within 30 days to ensure... 

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