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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
Former Sierra Rutile CEO denies bribery claims
18th August 2017 Sierra Leone Presidential candidate and former CEO of Sierra Rutile John Sisay has denied allegations that he was involved in bribery to secure mining licences in the African nation. Reports emerged this week alleging that mineral sands miner Iluka had uncovered suspected bribe payments by Sisay... →
Ferguson calls on NT govt to reconsider fracking stance
18th August 2017 The Australian Petroleum Production & Exploration Association (Appea) has called on the Northern Territory government to reconsider its stance on hydraulic fracturing (fracking), saying an onshore gas industry in the region could deliver new sources of stable, long-term revenue for the Territory... →
Eastern Goldfields winding up order set aside
18th August 2017 An order by the Western Australian Supreme Court to wind up ASX-listed Eastern Goldfields has been set aside, with the miner on Friday announcing that the winding up process had been terminated and that the company had been returned to its directors. Assay provider Genalysis Laboratory Services... →
Great Western raises cash for exploration
18th August 2017 ASX-listed junior Great Western Exploration will raise A$2.5-million to fund drilling at its Yandal West gold project, in Western Australia. The company on Friday announced that it would issue up to 230-million shares at 1.1c each, to a number of sophisticated and professional investors. →
Rox declares maiden resource at Olympia
18th August 2017 Base and precious metals explorer Rox Resources has reported a maiden inferred resource of 573 000 t, grading 1.63% nickel, 1.19% copper and 0.082% cobalt for its Olympia nickel-copper-cobalt-platinum group metal deposit in Western Australia. The project is estimated to host some 9 300 t of... →
Corazon gets net cornerstone investor
18th August 2017 unior explorer Corazon Mining has welcomed a new cornerstone investor in Hanking Australia Investment, which has taken a A$1.68-million stake in the ASX-listed company. Corazon on Friday announced that it will raise some A$1.8-million through the placement of around 127.4-million shares, priced... →
Kingsgate shares surge as Thailand lifts Chatree suspension
18th August 2017 The share price of embattled Kingsgate Consolidated rose by more than 36% on the ASX on Friday after the Thai government lifted a temporary suspension on the Chatree gold mine. Production at the mine ceased at the end of December, in compliance with the requirements of the government. No reason... →
Evolution swings from loss to record profit
17th August 2017 Gold miner Evolution Mining has reported record net profit of A$217.6-million for the 2017, compared with a net loss of A$24.3-million in 2016, on the back of higher sales revenues and lower group all-in sustaining costs (AISC). “In the 2017 financial year, we continue to deliver on our business... →
Whitehaven has a solid year
17th August 2017 Coal miner Whitehaven Coal has reported a 52% increase in revenue for the year ended June, as coal production and sales during the 12 months increased. Sales revenue for the full year reached A$1.7-billion, while earnings before interest, tax, depreciation and amortisation rose 219% to... →
Red 5 raises cash for gold buy
17th August 2017 ASX-listed gold miner Red 5 has launched a nonrenounceable rights issue with the aim of raising some A$12.7-million to fund the initial cash consideration to acquire all of the shares in Darlot Mining company. The one-for-three nonrenounceable rights issue will be priced at 5c a share, with more... →
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