R/€ = 18.5692 Change: -0.1701
R/$ = 17.0152 Change: -0.0267
Au 1923.29 $/oz Change: -27.07
Pt $/oz Change:

Marleny Arnoldi

Marleny Arnoldi

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

Tel: +2711 622 3744


Wesizwe to commission Bakubung processing plant in March or April

2nd February 2023 JSE-listed platinum miner Wesizwe Platinum has identified various deficiencies at its Bakubung platinum mine’s processing plant, in Rustenburg, in North West, after a test run of the entire system. Some of the snags include electrical malfunctioning of the flotation machine, a leak in the process... 

High Court grants release of historic diamond parcel to Vast Resources

2nd February 2023 The High Court of Zimbabwe has granted a default order against the Minister of Mines and Mining Development, relating to a historic parcel of 129 400 ct of rough diamonds, which will be released to Aim-listed Vast Resources. The company expects to receive the signed court order in coming days,... 

Kefi presses on with Tulu Kapi financing efforts

2nd February 2023 London-listed Kefi Gold and Copper says it has taken a huge effort over a much longer period than anticipated to overcome numerous market challenges in both Ethiopia and Saudi Arabia, where the company is developing projects. However, the company is nearing finalisation of financing for the... 

Copper drives Anglo’s overall fourth-quarter production higher, but PGMs, nickel disappoint

2nd February 2023 Diversified miner Anglo American has reported a year-on-year improvement in the production of nearly all its commodities – except for platinum group metals (PGMs) and nickel – for the fourth quarter of 2022. CE Duncan Wanblad says overall production increased by 10% year-on-year, driven by the... 

Smelter rebuild, lower grades contribute to Amplats’ lower fourth-quarter output

2nd February 2023 Platinum group metals (PGMs) miner Anglo American Platinum (Amplats) has reported a 10% year-on-year decrease in metal-in-concentrate production to 990 400 oz for the fourth quarter of 2022. Output at the company’s own-managed mines decreased by 12% year-on-year to 557 600 oz, owing to lower... 

Kodal receives first tranche of funding from new major investor Hainan

1st February 2023 Lithium and gold miner Kodal Minerals has received a $7-million deposit related to the funding package it has in place with Hainan Mining and Hainan’s UK-incorporated subsidiary Xinmao Investment. The funders have committed to provide full financing for the development and start of production at... 

Kefi pursues dual listing in Saudi Arabia

1st February 2023 Aim-listed Kefi Gold and Copper is pursuing a dual listing of its shares in Saudi Arabia. The Saudi Exchange is currently the eleventh-largest stock exchange globally, with 223 listed companies and a market capitalisation of $2.63-trillion.  

Kibo struggles to dispose of coal assets, progresses multiple renewable projects

1st February 2023 Dual-listed renewable energy developer Kibo Energy has made notable progress on various projects since announcing its refocused renewable energy strategy in 2021, and expects to see several new revenue streams realise in the next 12 to 24 months. However, the company has struggled to exit coal... 

Omnia signs MoU with German energy group to explore green ammonia production

31st January 2023 Chemicals group Omnia has signed a memorandum of understanding (MoU) with WKN Windcurrent, a subsidiary of German renewable energy group PNE, to explore the feasibility of developing a green ammonia production plant in South Africa. Omnia CEO Seelan Gobalsamy says ammonia is a key ingredient in... 

Central bank gold purchases reached a 55-year record high in 2022

31st January 2023 The World Gold Council (WGC) has revealed in its latest ‘Gold Demand Trends’ report that gold demand increased by 18% year-on-year in 2022, hitting the highest yearly total since 2011 at 4 741 t. WGC senior market analyst Louise Street tells Mining Weekly that demand for gold was propelled by... 

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