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Marleny Arnoldi

Marleny Arnoldi

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

Shipping company to help boost South African citrus exports

23rd February 2024 The Citrus Growers Association of Southern Africa (CGA) has welcomed the announcement that global liner shipping company Hapag-Lloyd will be helping to export citrus from the ports in Durban and Gqeberha. The new service will run by the end of May, in time for the bulk of the 2024 season's... 

Gold Fields posts higher full-year earnings, maintains dividend at R7.45

22nd February 2024 JSE- and NYSE-listed Gold Fields has declared a total dividend of R7.45 a share for the year ended December 31, with $703-million in attributable profit having been generated. The attributable profit amounts to $0.79 apiece, compared with profit of $711-million, or $0.80 apiece, in the prior year.  

Gold Fields posts higher full-year earnings, maintains dividend at R7.45
Gold Fields' Damang mine, in Ghana

Glencore pleased with its performance against the backdrop of lower commodity, energy prices

21st February 2024 Global mining company Glencore has recommended a $0.13 a share, or $1.6-billion, base cash distribution to shareholders for the 2023 financial year, comprising $1-billion from marketing cash flows and the balance from industrial attributable cash flows. This is despite a 50% year-on-year decrease... 

Glencore pleased with its performance against the backdrop of lower commodity, energy prices

Tsodilo confirms subsidiary can proceed with PEA in Botswana following litigation

20th February 2024 TSX-V-listed Tsodilo Resources has confirmed that its subsidiary Gcwihaba Resources can proceed with concluding a preliminary economic assessment (PEA) on a prospecting licence, in Botswana, following legal delays. The High Court of Botswana in December ordered the Minister of Minerals and Energy... 

Gem Diamonds recovers third diamond greater than 100 ct this year

19th February 2024 London-listed Gem Diamonds has recovered a high-quality 113 ct white Type II diamond from the Letšeng mine, in Lesotho. This follows recoveries of a high-quality 295 ct white Type II diamond and a low-quality 139 ct Boart diamond in January. 

Altona diversifies into other critical materials

19th February 2024 While London-listed Altona Rare Earths advances its Monte Muambe rare earths project, in Mozambique, the company has also decided to pursue a balanced portfolio of critical raw materials projects across different African countries. Having reviewed the company’s corporate strategy, Altona... 

Altona diversifies into other critical materials

Consultancy laments R10bn/y deficit in exploration investment against govt target

19th February 2024 Despite the South African government having set a target to attract 5% of global exploration spend within five years from 2019, the country attracted just 0.8% of global exploration spend in 2022 and. 0.92% in 2023. This means that, by next year, South Africa would need to attract about... 

Consultancy laments R10bn/y deficit in exploration investment against govt target

SPR commits to paying full $12.5m owed to Bushveld by end-Feb

16th February 2024 Aim-listed vanadium producer Bushveld Minerals has recieved an additional R76-million, or $4-million, from Southern Point Resources (SPR) in respect of a subscription agreement; however, SPR remains in default. The companies earlier this year announced an agreement whereby SPR would transfer... 

SPR commits to paying full $12.5m owed to Bushveld by end-Feb
Bushveld's Vametco operation

Amplats attains IRMA standard for three platinum mines in Southern Africa

16th February 2024 Platinum group metals (PGMs) miner Anglo American Platinum (Amplats) has passed the audit for Initiative for Responsible Mining Assurance’s (IRMA’s) comprehensive mining standard for two of its mines in South Africa and one in Zimbabwe. The Unki mine, in Zimbabwe, was the first in the world to... 

Amplats attains IRMA standard for three platinum mines in Southern Africa
Amplats' Unki mine, in Zimbabwe

New Gautrain CEO starts steering strategic expansions

16th February 2024 Gautrain Management Agency CEO Tshepo Kgobe has assumed his role as of February 1, following the company’s announcement to this effect in September last year. He previously served as COO of Gautrain since 2020 and has diverse technical expertise in infrastructure, energy, mining and rail.... 

Ariana mulls further involvement in Zim project following due diligence drilling

15th February 2024 Aim-listed Ariana Resources has completed 1 222 m of diamond drilling for due diligence purposes on the Dokwe gold project, in Zimbabwe. The company is targeting the Dokwe North and Dokwe Central deposits, with the geochemical characteristics of the mineralisation uncovered so far being defined... 

Sovereign brings seasoned ESG officer on board for Kasiya development

15th February 2024 ASX- and Aim-listed titanium and graphite miner Sovereign Metals has appointed Marco Da Cunha as lead environmental, social and governance (ESG) officer. Da Cunha has almost 20 years’ experience in environmental and social management, including preparing environmental- and social-impact... 

MC Mining independent board committee advises against proposed Goldway takeover

15th February 2024 JSE-, ASX- and Aim-listed MC Mining’s Independent Board Committee (IBC) has advised that shareholders should not accept a takeover offer from Goldway Capital Investment. Goldway in early February announced an off-market takeover bid for all of the fully paid ordinary shares on issue in the... 

MC Mining independent board committee advises against proposed Goldway takeover
MC Mining's Uitkomst colliery

De Beers’ innovative approach to safety ensures 10m fatality-free shifts at Venetia

15th February 2024 Diamond miner De Beers’ Venetia mine, near Musina, Limpopo, has reached 10.2-million fatality-free shifts, which safety manager Gavin Anderson deems remarkable given the mine’s transition from openpit to underground operations. De Beers had to reskill the company’s openpit employees for... 

De Beers’ innovative approach to safety ensures 10m fatality-free shifts at Venetia
De Beers Venetia senior manager for safety and sustainable development Gavin Anderson

Sibanye attains A- rating for water management, climate change disclosures

14th February 2024 JSE- and NYSE-listed Sibanye-Stillwater has attained an A- rating for its water security and climate change disclosures by Carbon Disclosure Project (CDP) for the 2023 assessment period. CDP is a global nonprofit organisation that manages the world’s environmental disclosure system for... 

Sibanye attains A- rating for water management, climate change disclosures
Sibanye's nickel operation in Brazil

Mintek acquires laser bed fusion 3D printer

14th February 2024 National mineral research council Mintek has acquired a laser powder bed fusion three-dimensional (3D) printer, which positions the organisation as a unique player in the mineral processing and manufacturing industry. The acquisition of the machine, called the GE Additive Concept Laser Mlab... 

Mintek acquires laser bed fusion 3D printer
Mintek CEO Dr Molefi Motuku

M&R Cementation unveils mock-up underground mine training facility

14th February 2024 Mining contractor Murray & Roberts (M&R) Cementation has unveiled its new mechanised mining mock-up facility, which serves to provide equipment operators and supervisors with a more realistic learning experience. The facility simulates the conditions of a working underground mine and comprises... 

M&R Cementation unveils mock-up underground mine training facility
M&R Cementation's mock-up mine

Gold Fields to post lower production, HEPS for 2023

13th February 2024 Ahead of publishing its full results for the year ended December 31 next week, JSE-listed Gold Fields has advised that it expects attributable gold production for the year to be 2.3-million ounces, which is 4% lower year-on-year. Excluding the Asanko operation, attributable gold production will... 

Southern Palladium confirms 26-year mine life potential for Bengwenyama project

12th February 2024 ASX- and JSE-listed Southern Palladium finds in a scoping study that the Bengwenyama platinum group metals (PGMs) project, in the Bushveld Complex of South Africa, has the potential for a 26-year mine life. The company also finds that the project will have a consistent and uniform grade being fed... 

Harmony retains ‘A’ score for water management

12th February 2024 Gold miner Harmony Gold has maintained its Carbon Disclosure Project (CDP) score of ‘A’ for its water management during the 2023 assessment period. CDP is a global nonprofit organisation that manages the world’s environmental disclosure system for companies and regions. It works with many... 

Bezant advances early works at Namibia project

9th February 2024 In anticipation of being granted a mining licence, Bezant Resources continues with exploration on its 70%-owned Hope and Gorob copper/gold project in central Namibia. The company has also submitted a social and environmental impact assessment to interested and affected parties for comments. 

Standard Bank forecasts rapid solar finance demand growth

9th February 2024 Financial services provider Standard Bank foresees continued massive demand for solar and energy-related products this year, after seeing a 400% growth in demand for LookSee’s solar installation offering last year. LookSee is the bank’s purpose-built solar loan, which it launched in 2023 as... 

2023 was record year for global solar installations – association

9th February 2024 Africa Solar Industry Association (Afsia) finds in its fourth yearly ‘Solar Outlook’ report that 350 GW of solar power were added in 2023, marking the highest year for solar photovoltaic (PV) installations in history. In 2022, about 240 GW were added, which increased by 46% to 350 GW having been... 

Marula announces new investment partner replacing Q Global

8th February 2024 Battery metals miner Marula Mining has advised of an amendment to its subscription agreement with a subsidiary of investment fund Q Global Commodities. The company last year entered into an investment and co-development partnership with Q Global, which includes a subscription agreement whereby... 

Pensana garners customer approval for mixed rare earth carbonate from Longonjo

8th February 2024 London-listed rare earths project developer Pensana has announced that one of its major potential customers has approved the product qualification specifications for proposed mixed rare earth carbonate (MREC) product from the Longonjo project, in Angola. Longonjo is expected to produce 20 000... 

Xtract confirms new licences in Zambia show promising copper potential

8th February 2024 Aim-listed Xtract Resources has confirmed there is scope for the discovery of high-grade Kamoa-style mineralisation at depth, and lower-grade Kolwezi-type mineralisation near surface on its two exploration licences in Zambia. The licences are being developed in joint venture (JV) with... 

WPIC highlights South Korean hydrogen market as driver for platinum demand

2nd February 2024 The World Platinum Investment Council (WPIC) is encouraged by the South Korean government’s more to accelerate the country’s transition to a clean hydrogen economy and its advancement of the hydrogen industry. South Korea held its sixth Hydrogen Economy Committee meeting at the end of last year,... 

WPIC highlights South Korean hydrogen market as driver for platinum demand

Pan African to post at least 41% growth in interim earnings

2nd February 2024 Gold miner Pan African Resources has advised shareholders that it expects its headline earnings per share (HEPS) and earnings per share (EPS) for the six months ended December 31 to be between 41% and 51% higher year-on-year. The company’s HEPS and EPS will be between $0.0214 and $0.0023,... 

Joint venture to revive 100-year-old DRC mine

2nd February 2024 TSX-listed Ivanhoe Mines has signed a new joint venture (JV) agreement with State-owned mining company Gécamines to restart the high-grade Kipushi zinc/copper/silver mine, in the Democratic Republic of Congo (DRC). The company has already started with surface construction activities and... 

Joint venture to revive 100-year-old DRC mine
Olivier Binyingo, SVP Public Affairs DRC, Ivanhoe Mines; Placide Nkala Basadilua, GM, Gécamines; Marna Cloete, President, Ivanhoe Mines, and; Guy-Robert Lukama Nkunzi, Chairman, Gécamines.

Bushveld completes refinancing of debt to Orion Mine Finance

1st February 2024 Aim-listed vanadium producer Bushveld Minerals has completed the refinancing of its unsecured convertible loan notes issued to Orion Mine Finance, which it secured in 2020. The company has refinanced its convertible debt obligations of $47.1-million partly through $4.7-million worth of shares... 

Glencore reports lower production, builds solar plant in South Africa

1st February 2024 Diversified miner Glencore has reported lower volumes across its key commodities for the 2023 financial year, but notes that these were all nonetheless still within the guided ranges. The company’s own-mined production for the year totalled 1.01-million tonnes of copper, reflecting a 5%... 

Glencore reports lower production, builds solar plant in South Africa
Glencore CEO Gary Nagle

Galileo identifies three targets in Botswana for follow-up exploration work

30th January 2024 London-listed Galileo Resources has defined three potential drill targets with a combined strike length of about 6 km on its PL253 licence in the Kalahari Copper Belt of Botswana. The three targets, which are all located within the southern sector of the licence area, were identified using a... 

Caledonia will soon alter Blanket mine plan to include more resources, reserves

30th January 2024 NYSE- and Aim-listed Caledonia Mining Corporation has reported more encouraging results from deep level drilling at the Blanket gold mine, in Zimbabwe, which it says validates the continuity of mineralised zones on the Blanket and Eroica orebodies. Caledonia aims to delineate an increased... 

Lexington starts more drilling to validate, expand gold mineralisation at South African project

30th January 2024 Aim-listed Lexington Gold has successfully completed percussion drilling at the Bothaville project, in South Africa’s Witwatersrand Gold Basin. The drilling, which started early in December last year, is crucial for cost-effective penetration of the overlying Karoo sediments.  

OIM Consulting expands footprint into Australia

29th January 2024 Advisory firm OIM Consulting is branching out to Australia to take advantage of opportunities in its $28-billion mining industry. The company is adapting its proven methodologies to meet the unique needs and challenges of the Australian mining sector. 

Alphamin produced record tin output in 2023

29th January 2024 JSE- and TSX-V-listed Alphamin Resources has announced record tin production of 12 568 t for the year ended December 31. This exceeded market guidance of 12 000 t and marked a 1% improvement on the production posted for the prior year. 

Highland, Kinterra starts drilling on White Pine Copper

26th January 2024 TSX-V-listed Highland Copper Company has announced that the White Pine Copper joint venture (JV) it has with Kinterra Copper has initiated a drilling programme at the White Pine North project, in Michigan. The drilling is aimed at obtaining material for additional metallurgical and geotechnical... 

B2Gold sets 2024 guidance lower, ups Goose capex estimate

26th January 2024 Toronto-listed miner B2Gold has achieved the upper end of guidance for 2023 with production of 1.06-million ounces. The year marks the eighth time that the company has met, or exceeded, yearly production guidance. 

B2Gold sets 2024 guidance lower, ups Goose capex estimate
A September 2023 photo of the Goose project site.

EU invests $30m in African digital technology aid fund

26th January 2024 Luxembourg-headquartered lending institution of the European Union (EU), European Investment Bank (EIB) Global has announced a $30-million equity investment in Seedstars Africa Ventures’ Fund I, which will allow more African digital technology companies to grow. Seedstars Africa Ventures' venture... 

Seifsa hopes for more PPPs this year

26th January 2024 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) will continue to advocate for more private sector participation in public infrastructure this year, with CEO Lucio Trentini stating that many of the country’s challenges can be best addressed through private-public... 

BMI predicts more stable metal prices, critical mineral deals in 2024

26th January 2024 Research agency BMI on January 17 unpacked the key themes for metals and mining for the year, highlighting that the sector is making a modest recovery amid global deceleration. BMI commodities analysis head Sarbin Chowdhury says the agency has an overall positive view on metal price forecasts,... 

BMI predicts more stable metal prices, critical mineral deals in 2024
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