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Esmarie Swanepoel
Esmarie Swanepoel 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
Nolans rare earths mine to operate for more than 30 years
20th September 2017 Rare earths developer Arafura Resources on Wednesday announced that the mine life at its Nolans rare earths project, in the Northern Territory, could be extended beyond more than 30 years. The company told shareholders that mine planning work undertaken in advance of the definitive feasibility... →
BHP says it paid $4.7bn in global taxes
20th September 2017 Mining major BHP paid some $4.7-billion in global taxes and royalties in the 2017 financial year, with a further $1.2-billion payable to the Australian government in corporate tax income payments before the end of the calendar year. Australian taxes, royalties and other payments accounted for... →
Black Butte advances further – Sandfire
20th September 2017 ASX-listed Sandfire Resources has overcome another development hurdle at its Black Butte project, in Montana, after it was issued a draft operating permit for the copper project. The Montana Department of Environmental Quality now considers the project to be "complete and compliant" in... →
Finders reports strong H1 on Wetar production
20th September 2017 Copper miner Finders Resources reported a net profit after tax of A$41.7-million for the six months ended June 30, as its Wetar copper project, in Indonesia, continued to perform well. The company reported a net loss after tax of A$22.2-million in the previous corresponding period. →
Bass raises A$5m for Graphmada buy
20th September 2017 Graphite developer Bass Metals will raise up to A$5-million through an institutional placement and entitlement offer to fund the final payment for the acquisition of the Graphmada mine, in Madagascar. The company on Tuesday announced that it would issue up to 227.3-million fully paid ordinary... →
Walkabout welcomes cornerstone investor
20th September 2017 Junior graphite developer Walkabout Resources has welcomed Chinese engineering firm Jinpeng Mining and Machinery as a cornerstone investor. Through a $1-million investment, Jinpeng will become Walkabout’s largest investor, holding 10.6% of the company’s shares. →
Coal miner New Hope swings to full-year profit
19th September 2017 Coal miner New Hope Corporation has swung back into black during the 2017 financial year, with the miner reporting a 362% increase in net profit after tax. During the 12 months to July, net profit increased to A$140.6-million, compared with a net loss of A$53.6-million in 2016. →
Doray finds new gold at Gnaweeda
19th September 2017 Western Australian gold miner Doray Minerals has announced a new gold discovery at the St Anne’s prospect, at its Gnaweeda project. The ASX-listed company noted that first pass reverse circulation drilling over the St Annes prospect had returned strong gold mineralisation, with 20 m at 2.4 g/t... →
Syrah aiming to raise A$110m for Mozambique project
19th September 2017 Graphite developer Syrah Resources is hoping to raise A$110-million through a share placement and pro-rata accelerated nonrenounceable entitlement offer to fund the development of its Balama project, in Mozambique, and to provide working capital. The company said on Tuesday that some 7.4-million... →
Artemis raises A$12m
19th September 2017 Junior Artemis Resources will raise A$12-million through the issue of some 60-million shares, at a price of 20c each, to fund its share of gold exploration in Western Australia. “These funds will allow Artemis to play a key role in working closely Novo [Resources] on the 50/50 joint venture (JV)... →
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