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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

Capricorn secures funding for Karlawinda development

13th December 2018 Metals developer Capricorn Metals has secured a A$107-million funding package to develop its Karlawinda gold project, in Western Australia. The project finance facility, secured from Macquarie Bank, include a senior project finance facility of A$81-million, a bank guarantee facility of... 

Koolan Island on track for March sales

13th December 2018 First iron-ore sales from the Koolan Island restart project, in the Kimberley region of Western Australia, is expected by the end of March next year, ASX-listed Mount Gibson Iron reported. The company has told shareholders that site ramp-up activities were progressing well, with dewatering... 

Matsa acquires more ground around Red October

13th December 2018 ASX-listed Matsa Resources has struck a deal with fellow listed GME Resources to acquire the Devon gold mine, in Western Australia, for A$100 000. Under the terms of the agreement, Matsa will pay GME A$50 000 in cash, with the balance of the payment to be made in either cash or Matsa shares. 

Flinders to de-list from ASX

13th December 2018 Emerging iron-ore junior Flinders Mines has applied for a de-listing from the ASX, saying it would be in the best interest of shareholders. The decision to de-list from the ASX followed a strategic review of the available options to maximise shareholder value, on the back of a number of... 

Pure Alumina extends gold sale process

13th December 2018 Junior Pure Alumina has extended the sales process for its Hill End gold assets, which were put up for sale earlier this year, to allow bidders to secure funding. The company in June this year announced its decision to test the market for its gold assets, choosing to focus its attention on its... 

Musgrave raises cash for Cue exploration

13th December 2018 ASX-listed Musgrave Minerals will raise A$5.5-million through a share placement to institutional, professional and sophisticated investors to advance drilling at its Lake Austin project, as well as other targets at the Cue project, in Western Australia. Some 59.78-million shares will be placed,... 

TNG mandates German bank for Mt Peake funding

13th December 2018 ASX-listed TNG has mandated Germany’s KfW IPEX Bank to arrange a $600-million finance package for the Mt Peake vanadium/titanium/iron project, in the Northern Territory. Under the mandate, KfW IPEX-Bank will structure, coordinate, lead, arrange and manage a syndicate to raise the targeted amount... 

Titan readies for Vista commissioning

12th December 2018 ASX-listed Titan Minerals has completed the construction of its plant and mill at its Vista gold project, in Southern Peru, on schedule and budget. The company is currently receiving ore at the plant to establish stockpiles for initial testing and dry commissioning of the plant over the coming... 

Alcoa signs up more gas in WA

12th December 2018 Aluminium major Alcoa has secured three new gas supply agreements that would supply 25% of the company’s Western Australian gas requirements from 2020. Alcoa has struck agreements with providers BHP, Woodside and Chevron, and coupled with existing supply contracts with Santos and Quadrant... 

Battery Minerals tables feasibility study for Balama

12th December 2018 A feasibility study into Balama graphite project, in Mozambique, has estimated a capital cost of $69.4-million to support production of 58 000 t/y over a mine life of 27 years. ASX-listed Battery Minerals said on Wednesday that Balama would generate earnings before interest, tax, depreciation... 

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