Marleny Arnoldi

https://staging1.creamermedia.com/

Marleny Arnoldi

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

Decentral completes installation of gas-powered minigrid for manufacturer in Pretoria

4th June 2024 Distributed energy solutions company Decentral Energy has installed a 1.3 MW stationary gas engine and diesel generator at a fast-moving consumer goods manufacturer’s premises, in Rosslyn, Pretoria. The solution enables the factory to expand and reduce its carbon footprint, while allowing... →

NNR hosts new round of talks with public over Koeberg’s life extension

4th June 2024 The National Nuclear Regulator (NNR) has started with another round of hearings on June 3, owing to concerns about the last consultation process having been insufficient. The regulator conceded that the public required more information, but only after civil society organisations such as Southern... →

Koeberg nuclear power station

Global renewable-energy commitments fall short of COP28 targets

4th June 2024 Although Nationally Determined Contributions (NDCs) are key to decarbonisation, current NDCs only amount to 1 300 GW, or 12%, of the renewable energy capacity needed to meet the objective of tripling renewable energy as set at the COP28 conference. At COP28, nearly 200 countries pledged to... →

IEA executive director Fatih Birol

RCL proceeding with Rainbow unbundling as a standalone listed business

4th June 2024 JSE-listed consumer goods group RCL Foods has received approval from its directors to unbundle and separately list the Rainbow Chicken business on the JSE. RCL first announced its intent to pursue a formal separation of its poultry operation in March, which would enable both businesses to... →

TNPA appoints Amulet consortium to build, operate Richards Bay solar plant

3rd June 2024 Transnet National Ports Authority (TNPA) has selected Amulet Group Consortium to build and operate a 20 MW solar PV plant at the Port of Richards Bay. TNPA anticipates that the design and construction of the solar plant will start in June and that it will be operational by May 2026. →

Richards Bay port

Aura starts dual funding workstreams to garner debt, strategic financing for Tiris

3rd June 2024 ASX- and Aim-listed Aura Energy has started two funding workstreams to underpin the development of the Tiris uranium project, in Mauritania. The company aims to secure an integrated funding solution to advance the project to production. →

Drilling on the Tiris project, in Mauritania

Caledonia publishes PEA on Bilboes project ahead of new feasibility study

3rd June 2024 Gold miner Caledonia Mining Corporation has confirmed that it will develop the Bilboes sulphide gold project, in Zimbabwe, in a single phase instead of multiple phases as initially planned, and with a revised approach to the tailings storage facility (TSF). In a preliminary economic assessment... →

Blanket mine shaft

Osino shareholders approve Yintai’s takeover offer

3rd June 2024 The majority of TSX- and NYSE-listed Osino Resources Corporation’s shareholders have voted in favour of Chinese miner Yintai Gold’s buyout of Osino at a cash consideration of C$1.90 apiece. The companies are now working to obtain approvals from regulatory authorities in Namibia and China. →

The Twin Hills project, in Namibia

De Beers invites entries for 2024 Shining Light Awards programme

3rd June 2024 Diamond miner De Beers has invited entries from Canadian, Botswanan, Namibian and South African young diamond jewellery designers for its 2024 Shining Light Awards programme. The Shining Light Awards programme aims to recognise talented youth and boost their careers in the jewellery business,... →

Contractor employee dies at Kenmare’s Moma mine

3rd June 2024 London-listed Kenmare Resources has reported the death of an excavator operator, who was employed by a contractor at the Moma titanium minerals mine, in Mozambique. The operator was involved in a fatal incident during the night shift on June 1, when a team of employees were establishing a new... →

Moma mine, in Mozambique

Armscor lab to host African scientists for anti-chemical warfare course

31st May 2024 A division of the Armaments Corporation of South Africa (Armscor), Protechnik Laboratories, will soon host 22 scientists from 14 countries for an analytical chemistry course. Protechnik has been offering the course yearly for 14 years and will, this year, host the course at Techno Park, in... →

Tirupati appoints Lynch-Bell nonexec chair

31st May 2024 UK-based Tirupati Graphite has appointed Michael David Lynch-Bell as nonexecutive chairperson. He previously led consultancy Ernst & Young’s global oil and gas advisory practices, with a total 38-year career having been served at the consultancy. →

Incoming Tirupati nonexecutive chairperson Michael David Lynch-Bell

AngloGold confirms all its operations are conflict-free

31st May 2024 The operations of AngloGold Ashanti remain conflict-free as of December 31, 2023, the gold miner states in its ‘Conflict-Free Gold Report 2023’ on May 31, emphasising that it extracts gold in a manner that does not fuel conflict. AngloGold follows guidelines of the World Gold Council’s... →

AngloGold Ashanti's Obuasi mine, in Ghana

Nel spin-off company Cavendish Hydrogen applies for listing in Norway

31st May 2024 Cavendish Hydrogen, which is being spun out of Norwegian fuel cell company Nel’s fuelling division, has applied for its shares to be listed on the Oslo Stock Exchange. The spin-off and listing are still subject to satisfaction of certain conditions, including approval by the stock exchange and... →

cidb introduces three new categories in awards for women in construction

31st May 2024 The Construction Industry Development Board (cidb) has introduced three new categories in the 2024 Empowerment and Recognition of Women in Construction (Erwic) Awards. Entries for the awards opened on May 30 and will close on June 28. →

cidb CEO Bongani Dladla

Unpacking the conditions for meeting burgeoning copper demand

31st May 2024 With copper demand expected to increase from 28.3-million tonnes in 2020 to 41-million tonnes by 2040 at a compound yearly growth rate of 1.85%, and many regions gearing up supply chains for critical metals, JSE- and ASX-listed Orion Minerals CEO and MD Errol Smart says it will be the responsible... →

Unpacking the conditions for meeting burgeoning copper demand

31st May 2024 With copper demand expected to increase from 28.3-million tonnes in 2020 to 41-million tonnes by 2040 at a compound yearly growth rate of 1.85%, and many regions gearing up supply chains for critical metals, JSE- and ASX-listed Orion Minerals CEO and MD Errol Smart says it will be the responsible... →

Commission approves Southern Point Resources’ Mokopane takeover from Bushveld

30th May 2024 The Competition Commission has approved the acquisition by Southern Point Resources (SPR) Fund I of Mokopane, the holding company for a mining right in South Africa’s Limpopo province. SPR Fund I was established as an investment fund by the SPR group for mining projects in Southern Africa,... →

Commission grants approval for England-based Prax to acquire Natref

30th May 2024 The Competition Commission has conditionally approved a proposed transaction between Prax South Africa and the National Petroleum Refiners of South Africa (Natref), whereby the former intends to acquire the latter. Prax is ultimately controlled by a firm incorporated in England called State Oil... →

Photo by Creamer Media
Natref refinery

ARC stresses need for farmers’ access to finance, insurance in light of growing climate risk

30th May 2024 With the agriculture sector’s 33-million smallholder farmers contributing 70% of Africa’s food supply, it is pertinent that more innovative financing mechanisms are created as the continent increasingly faces challenges of climate change, low productivity and conflict. Financial services... →

Italtile announces C-suite changes

30th May 2024 JSE-listed tile retailer Italtile has announced it will move CFO Brandon Wood to the position of COO and appoint Lamar Booysen CFO. Both will remain executive directors on the board. Italtile says the appointments align with the group’s long-standing succession plan and ongoing strategy to... →

Orange export volumes will be lower than initially expected – CGA

30th May 2024 The Citrus Growers’ Association of Southern Africa (CGA) has revised downward its estimates for Navel orange exports this season to 22-million 15 kg cartons. The association initially expected 25.6-million cartons to be exported, but had to revise this estimate by 14.5% following consideration... →

Atlantic progresses large sampling programme on second lithium prospect in Ghana

30th May 2024 Aim-listed Atlantic Lithium has collected 1 344 soil samples from the Ewoyaa lithium project surrounds in Ghana, with more than 5 400 samples still being collected in an ongoing geochemical soil sampling programme. The company has been advancing geochemical work, as well as geological mapping... →

Artist impression of planned Ewoyaa lithium mine

Sapics, SAAFF to host supply chain, logistics discussions in Cape Town

30th May 2024 Supply chain management body Sapics, together with the Southern African Association of Freight Forwarders (SAAFF), will host its forty-sixth yearly conference, in Cape Town, from June 9 to 12, to discuss topical issues affecting supply chains and the South African logistics network. The event... →

Gem Diamonds recovers sixth large diamond from Letšeng this year

30th May 2024 London-listed Gem Diamonds has recovered a 212.49 ct Type II white diamond from its 70%-owned Letšeng mine, in Lesotho. This is the sixth diamond weighing more than 100 ct to be recovered at the mine this year. →

212.49 ct Type II white diamond

Marula reports high-grade manganese assays from testwork with potential offtaker

28th May 2024 UK- and South Africa-listed battery metals miner Marula Mining has reported average grades of 35.73% from manganese samples taken from the Larisoro manganese mine, in Kenya. The company garnered 18 samples from stockpiled material which will soon be railed to the port of Mombasa for export. →

Blencowe continues to advance graphite prequalification work, expects offtake agreements soon

28th May 2024 As London-listed Blencowe Resources advances the definitive feasibility stage of the Orom-Cross graphite project, in Uganda, towards production near the end of 2025, the company has had various fruitful engagements with offtakers. From only 2% of its total tenement area, the Orom-Cross project... →

Jupiter forecasts higher manganese prices in coming months

28th May 2024 ASX-listed Jupiter Mines marketing head Tracey Cloete says manganese ore prices are likely to trade higher than the historical average in coming months owing to supply disruptions. Jupiter has a 49.9% interest in the Tshipi manganese mine, in South Africa. →

Resolute appoints mining veteran Wray to succeed Botha as chairperson

28th May 2024 Australia- and London-listed Resolute Mining has appointed Andrew Wray nonexecutive director. He will also succeed chairperson Martin Botha when he retires at the end of August. →

Resolute mining operation in West Africa

Nordex Energy South Africa progresses impactful internship programme

27th May 2024 Original-equipment manufacturer Nordex Energy South Africa (Nesa) is progressing well with an internship programme for promising young engineers and technicians across three provinces. The programme, which was launched in November last year, aims to build a skilled pipeline of technicians in the... →

Intern at work for Nordex Energy South Africa

Many Peaks starts major drill programme at Côte d’Ivoire project

27th May 2024 ASX-listed Many Peaks Minerals has started a 6 500 m diamond and auger drilling campaign on the Odienné project, in Côte d’Ivoire. One thousand metres of diamond drilling is planned for five holes on 400-m-spaced lines to follow up open gold mineralisation that was highlighted in a preliminary... →

Firefinch, Morila served with arbitration notice over payment dispute

27th May 2024 ASX-listed Firefinch has received a notice of arbitration from mining services contractor Enterprise Générale Traoré et Frères (EGTF), in Mali. EGTF also named Société des Mines de Morila (Morila) as a respondent in the arbitration notice. →

Morila mine, in Mali

Pensana lauds Angola’s performance in this year’s Fraser Institute rankings

27th May 2024 London-listed Pensana commends the government of Angola for instilling attractive policies and growing interest in the country’s exploration potential. This comes as the country recorded an improvement in its ranking to forty-seventh out of 86 countries in the yearly Investment Attractiveness... →

Standard Bank undertakes largest student housing financing endeavour in Africa

27th May 2024 Financial services provider Standard Bank has partnered with global advisory firm MiDA Advisors and real estate developer Acorn Holdings to mobilise long-term blended finance commitments for green and affordable student housing in Kenya. The transaction will comprise up to $180-million in... →

Neasa asks Patel, Itac to stop imposing upstream steel import duties

24th May 2024 The National Employers' Association of South Africa (Neasa) says government’s duties on imported steel only serve to support ailing primary steel producer ArcelorMittal South Africa (AMSA). Neasa said the duties would not only fail to save AMSA in the long run, but were also gradually eroding the... →

Pan African announces capital reduction to recover overpaid distributions

24th May 2024 JSE- and Aim-listed Pan African Resources will host a general meeting in London on June 10 to discuss a proposed capital reduction programme. Additionally, the company expects a court hearing to confirm the legality of its capital reduction plans by July 2, before the capital reduction becomes... →

Pan African Resources' Mogale operation

Brikor anticipates more than 100% improvement in full-year earnings

24th May 2024 AltX-listed construction materials provider Brikor expects to post earnings a share of between 0.9c and 1.1c for the financial year ended February 29, compared with a loss a share of 0.7c in the 2023 financial year. This equates to a more than 100% year-on-year increase in earnings a share. →

Tourism Transformation Fund has approved R272m of financing assistance

24th May 2024 The Tourism Transformation Fund (TTF) has approved transactions to the value of R272-million since its inception in 2017. The TTF was launched as a collaborative effort between the Department of Tourism and the National Empowerment Fund (NEF) to foster economic transformation and empowerment in... →

Tourism Deputy Minister Fish Mahlalela

Emmerson pleased with innovative processing method to be used at Morocco project

24th May 2024 Aim-listed potash development company Emmerson’s main priority at this time is obtaining environmental approval for the Khemisset project, in Morocco. The company advises that a scoping study published in February identifies a novel processing route for the project, called the Khemisset... →

Moroccan flag

Sappi signs solar PPA deal for local operations

24th May 2024 JSE-listed paper and packaging manufacturer Sappi has posted a 10% year-on-year increase in its earnings before interest, taxes, depreciation and amortisation (Ebitda) to $183-million for the quarter ended March 31. This compares with Ebitda of $167-million generated in the same quarter of last... →

Equites wheeling power to HQ in Cape Town

24th May 2024 Property developer Equites Property Fund has officially started wheeling renewable energy onto Cape Town’s grid from solar panels atop its newly built distribution centre in Parow. The company is among the first to begin wheeling energy for the municipal grid, with its current offtaker being a... →

Equites' distribution centre, in Parow

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