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Esmarie Iannucci

 

Esmarie Iannucci is Creamer Media Senior Deputy Editor: Australasia for Mining Weekly.

Email: newsdesk@engineeringnews.co.za

Received BTech degree in Journalism from the Tshwane University of Technology

Walkabout working on offtake for Lindi Jumbo

12th March 2019 Graphite developer Walkabout Resources is hoping to secure binding offtake agreements for its 40 000 t/y Lindi Jumbo graphite project, in Tanzania, before the end of the second quarter. Walkabout executive director Trevor Benson told delegates at Paydirt’s Battery Minerals conference that the... 

Heron start delayed

12th March 2019 ASX-listed Heron Resources has warned of delays for first production at its Woodlawn base metals project, in New South Wales. The company said on Tuesday that at the start of March, it was advised by contractor Sedgman of a delay for the first ore feed into the processing plant, with ore... 

Titan and Core tweak merger deal

12th March 2019 ASX-listed Titan Minerals and TSX-V-listed Core Gold have amended the terms of a C$72-million merger agreement. Under the amendments, Titan has agreed to purchase more than 9.15-million shares in Core in a private placement, priced at C$0.44 a share, for a total subscription of $3-million. 

Power outage cuts Nifty production

12th March 2019 ASX-listed Metals X has warned of production impacts at its Nifty copper operation, in Western Australia, following a temporary loss of power at its underground mine. The power outage was caused by a short circuit of the underground power cables leading from the gas turbine to the underground... 

Siviour size dependent on funding - Renascor

12th March 2019 Junior Renascor Resources on Tuesday said that the availability of financing would ultimately determine the size of its Siviour graphite project, in South Australia. Renascor is currently considering a staged development of the Siviour project, with Stage 1 of the operation producing 22 800 t/y... 

Panoramic shakes the tin

11th March 2019 Base metals developer Panoramic Resources has received firm commitments for an initial A$5-million capital raise, and has announced a 1-for-13 pro-rata renounceable entitlement offer to raise a further A$14.8-million. Panoramic last week revealed the need to raise at least A$19-million as part... 

Sunstone completes Viscaria sale

11th March 2019 ASX-listed Sunstone Metals has completed the divestment of its Viscaria copper project, in Sweden, to Copperstone Resources. Copperstone paid Viscaria an initial A$3-million in cash and a further 160-million new shares, valued at around A$24.4-million, for the project. 

Verdant gets A$40m offer

11th March 2019 ASX-listed Verdant Minerals has signed a A$40.5-million takeover deal with CD Capital Natural Resources Fund, under which all of its shares not held by Washington H. Soul Pattinson would be acquired for 3.2c a share. “The offer from CD Capital, a London-based private equity firm, represents a... 

Coolgardie deal facing a threat

11th March 2019 A A$40-million asset sales agreement between ASX-listed Focus Minerals and fellow listed Intermin Resources could be under threat. Focus, which is in the midst of a five-month exclusivity agreement with Intermin over the purchase of the Coolgardie gold project, on Monday alerted shareholders... 

Gindalbie flags major changes

11th March 2019 ASX-listed Gindalbie Minerals on Monday announced the demerger of its subsidiary Coda Minerals, and its simultaneous takeover by Chinese shareholder Ansteel. The demerger of Coda, which holds the rights to a significant and strategic portfolio of tenements in South Australia, would be done... 

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