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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
Gascoyne raises funds for Dalgaranga
17th August 2018 Gold developer Gascoyne Resources was hoping to raise up to A$15-million through the issue of around 50-million shares to fund the final stages of development at its Dalgaranga gold project, in Western Australia. The shares will be priced at 30c each, representing a 16.7% discount to the... →
Ausdrill raises first A$175m
17th August 2018 Mining services provider Ausdrill has raised some A$175-million from the institutional component of its 1-for-2.13 pro-rata non-renounceable entitlement offer. The completion of the institutional offer is the first stage of the company’s fully underwritten entitlement offer, which is expected to... →
Infinity launches scoping of lithium hydroxide option
17th August 2018 ASX-listed Infinity Lithium Corporation has launched a lithium hydroxide scoping study at its San Jose resource, in Spain. The lithium hydroxide scoping study will start in direct response to the increased demand and supply chain considerations in the evolving battery chemicals market, the... →
Qld jobs on the rise
17th August 2018 The Queensland Resources Council (QRC) on Friday said that a plethora of positions were still available in the state’s resources sector. The state government this week revealed that some 4 400 new jobs were created in July across Queensland, the 22nd straight month of jobs growth. →
Nkwe recommends Zijin offer aceptance
17th August 2018 The independent directors of South Africa-focused Nkwe Platinum have unanimously recommended a 10c a share takeover offer from shareholder Zijin Mining Group. The 10c a share takeover offer was a 25% improvement on the 8c a share offer launched in March this year, and provided shareholders with... →
Evolution's profits surge in 2018
17th August 2018 Gold miner Evolution has reported a 21% surge in underlying net profits after tax for the 2018 financial year, on the back of a 4% increase in sales revenues. Underlying net profits after tax for the full year ending June reached A$250.8-million, while statutory net profit after tax also... →
Kangaroo shares jump on deal
17th August 2018 The share price of junior Kangaroo Resources surged by more than 40% on Friday on news of a takeover offer from major shareholder PT Bayan Resources. Kangaroo on Friday reported that it had entered into a binding scheme implementation agreement with PT Bayan under which the shareholder would... →
BP signs up for PNG LNG
17th August 2018 The joint venture partners of the Papua New Guinea liquefied natural gas (PNG LNG) project have entered into a mid-term LNG sales and purchase agreement with BP Singapore. Under the terms of the agreement, BP will be supplied with around 0.45-million tonnes of LNG a year over an initial... →
Poseidon gets conditional proposal
17th August 2018 ASX-listed Poseidon Nickel has received a conditional proposal from Perth-based Black Mountain Metals. Poseidon told shareholders on Friday that while no formal bid price per share has been offered or agreed upon, Black Mountain has made an informal proposal of 6c a share →
Higher lithium output drives MinRes revenues
16th August 2018 ASX-listed Mineral Resources this week reported a 16% increase in revenue for the full year ended June, with net profits after tax jumping from A$201-million to A$272-million. The company reported increased mineral sales of 3.5-million tonnes of direct shipping ore (DSO) in the 12 months to... →
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