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Marleny Arnoldi

Marleny Arnoldi

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

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

PGMs landscape changing, but not fading, producers aver

22nd October 2021 When it comes to the future growth of platinum group metal (PGM) producers, some are covering their bases by diversifying into battery metals, while others are looking to benefit from the much-hyped hydrogen economy. Impala Platinum CEO Nico Muller sees the company’s scope for growth as being... 

Anglo appoints all-rounder to board and audit, remuneration committees

20th October 2021 Diversified miner Anglo American has appointed Ian Tyler nonexecutive director, effective January next year, and as chairperson of both the audit and remuneration committees, effective April next year. Anne Stevens and Dr Byron Grote will step down as nonexecutive directors in April 2022,... 

Chinese sovereign mint launches platinum Panda coins

20th October 2021 The People’s Bank of China has launched a set of Panda precious metal coins, in celebration of the iconic Panda series’ fortieth anniversary on October 20. The range includes the first platinum Pandas to be released since 2005.  

De Beers’ latest sales cycle rakes in $490m

20th October 2021 Diamond miner De Beers Group estimates it sold $490-million of rough diamonds for its eighth sales cycle of this year. The sales figure represents anticipated sales value for October 4 to 19 and is subject to adjustment.  

Giyani adds resources to K.Hill project

19th October 2021 TSX-V-listed Giyani Metals has published an updated indicated mineral resource estimate of 1.6-million tonnes and an inferred mineral resource estimate of 1.4-million tonnes for the K.Hill manganese oxide project, in Botswana. The company has also completed a three-hole diamond drilling... 

Jupiter reports lower interim profit from manganese subsidiary

19th October 2021 ASX-listed Jupiter Mines has declared an interim dividend of $0.005 apiece for the six months ended August 31. The company posted an interim profit after tax of $27-million, compared with an interim profit of $29-million posted for the six months ended August 31, 2020.  

UBS raises copper premium forecast

18th October 2021 Investment banking company UBS says physical premiums for copper have spiked across regions, alongside falling exchange inventories globally, particularly in China. Copper was up 18% in October and, given the risk power curbs present to refined copper supply, UBS is raising its copper price... 

Village Main Reef signs two-year wage agreement with unions

18th October 2021 Trade unions the National Union of Mineworkers and Uasa have signed a two-year wage agreement with gold miner Village Main Reef (VMR), effective July 1, 2021, to June 30, 2023. This follows an announcement by trade union Solidarity last week that it too had signed the agreement with VMR.  

While metals help ‘greenify’ industry, the industry itself needs cleaning up

18th October 2021 While global carbon dioxide emissions fell by 5.8% in 2020 owing to Covid-19 lockdowns globally and therefore lower energy demand, Dutch multinational banking corporation ING says it is only a matter of time before they hit record highs again. International Energy Agency (IEA) estimates that... 

AngloGold offers up notes in refinancing effort

18th October 2021 JSE-listed AngloGold Ashanti has announced an offer to purchase any and all of its outstanding $750-million 5.1% notes due in August 2022. The company is aiming to refinance a portion of its existing debt. The offer, together with a proposed offering of a new series of debt securities, will... 

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