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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

Hastings adjusts Yangibana price

11th March 2019 Projected capital costs for the Yangibana rare earths project, in Western Australia, have increased from the A$335-million estimated in 2017, to A$427-million, ASX-listed Hastings Technology Metals reported. The company on Monday said that refinements of the 2017 definitive feasibility study... 

Newcrest adds Canadian mine to its portfolio in $806m deal

11th March 2019 Gold miner Newcrest has struck a $806.5-million joint venture agreement with TSX-listed Imperial Metals Corporation over the Red Chris gold/copper mine, and its surrounding tenements, in British Columbia. Newcrest will acquire a 70% interest in the Red Chris assets, which produced around... 

Geopacific takes Woodlark, farewells Kula

8th March 2019 Junior Geopacific Resources has struck a deal with fellow-listed Kula Gold to gain full ownership of the Woodlark gold project, in Papua New Guinea. Under the terms of the agreement with Kula, Geopacific would issue 150-million of its own shares, and pay an estimated A$700 000 in cash to Kula,... 

Argosy raises A$6m for Rincon advancement

8th March 2019 ASX-listed Argosy Minerals will raise A$6.2-million to progress its Rincon lithium project, in Argentina. Argosy on Friday announced plans to undertake a partially-underwritten 1-for-15 renounceable rights issue, priced at 10c a share, to raise the funds. One attaching option will also be... 

Atrum strikes while the iron is hot

8th March 2019 Coal miner Atrum Coal has raised A$20-million through a two tranche share placement to progress its Elan hard coking coal, in Alberta Canada, taking advantage of the spotlight cast by a recent takeover offer for its neighbor Riversdale Resources. Hancock Prospecting last week announced an A$2.20... 

New emissions guidelines from WA watchdog raise concerns

8th March 2019 The Western Australian government on Friday said that it would consult with the state’s Environmental Protection Authority (EPA) after the release of new guidelines to cut greenhouse gas emissions. The EPA said that the revised guidelines would help proponents of significant proposals in the... 

Rio Tinto’s new bauxite mine completed early, under budget

8th March 2019 Diversified major Rio Tinto has completed the commissioning of its A$2.6-billion Amrun bauxite mine, in the Cape York Peninsula. “Amrun was completed early and under budget, demonstrating Rio Tinto’s productivity and innovation capabilities. By applying fresh thinking we also delivered safety,... 

Australia seeks to harness opportunities offered by critical minerals

8th March 2019 An abundance of critical minerals and world-class mining expertise could provide Australia with an avenue for further economic growth, a new report by Geoscience Australia has found. Resources and Northern Australia Minister Matt Canavan said on Friday that the report, titled ‘Critical Minerals... 

Alta shakes the tin for Italian project

8th March 2019 ASX-listed junior Alta Zinc will raise some A$4.3-million through a four-for-five non-renounceable pro-rata rights issue priced at 0.4c a share. The rights issue price represented a 33% discount to Alta’s closing price on March 7, and a 32% discount to the ten-day volume weighted average share... 

Walkabout improves metrics of Lindi project

7th March 2019 An enhanced definitive feasibility study (DFS) into the Lindi Jumbo graphite project, in Tanzania, has delivered a significant economic boost for the project, owner Walkabout Resources told shareholders on Thursday. The updated DFS increased the projected mine life by four years, to 24 years,... 

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