Esmarie Swanepoel

Ramelius sets 23 000 oz Sept quarter guidance for WA mines

Gold miner Ramelius Resources was hoping to produce up to 23 000 oz during the September quarter from its Western Australian operations. The miner said on Wednesday that it was hoping to source between 18 000 oz and 19 000 oz of gold from its Mt...

Regis warns of up to A$280m asset impairment

Gold miner Regis Resources on Wednesday warned shareholders of a possible asset impairment of between A$230-million and A$280-million. A charge of between A$150-million and A$190-million was expected on the Garden Well and Rosemont projects, in...

Rio and Panoramic consolidate Thunder Bay PGM exploration efforts

ASX-listed Panoramic Resources has signed a consolidation agreement with the Canadian exploration arm of mining major Rio Tinto over platinum-group metal (PGM) assets, in Ontario, Canada. The consolidation would include Panoramic’s Thunder Bay...

LNG raises A$38.6m for Bear Head acquisition

ASX-listed Liquefied Natural Gas (LNG) on Wednesday announced that it would raise A$38.6-million to fund the acquisition and development of the Bear Head LNG project, in Canada. Earlier this week, LNG announced that it would spend $11-million to...

Northern Star increases Jundee resource estimate

Gold miner Northern Star Resources has increased the resource estimate at the Jundee gold mine, in Western Australia, by 68%. The project was now estimated to host some 851 000 oz of gold.

MRRT raised ‘next to no revenue’ over the past 3 months – Treasurer

The highly contested mineral resources rent tax (MRRT) has managed to rake in only A$600 000 in revenue during the June quarter – only one-half of a per cent of the estimated A$150-million revenue forecast at the Mid-Year Economic and Fiscal...

NSL restarts beneficiation plant in India

ASX-listed junior NSL Consolidated has restarted its dry beneficiation plant in India, with first iron-ore sales expected before the end of the September quarter. In May this year, NSL announced a two-phase plan for its dry beneficiation plant...

Vanadium a viable option at Mozambique project – Syrah

A scoping study by ASX-listed Syrah Resources has placed an $80-million price-tag on the development of a vanadium operation at its Balama graphite and vanadium project, in Mozambique. The scoping study assumed that the project would produce some...

Renaissance shakes tin to advance exploration

Perth-based Renaissance Minerals was expected to raise some A$6-million in a heavily oversubscribed equity placement to new and existing institutional and sophisticated investors. The company would place some 92.3-million shares, at a price of...

OMH reports strong June quarter

Manganese miner OM Holdings (OMH) has reported solid production during the three months ended June, with the miner producing 225 095 t of manganese product, grading 36.35% at its Bootu Creek mine, in the Northern Territory. This was compared with...