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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

BHP and ExxonMobil to spend A$400m on new pipeline

28th August 2015 Diversified miner BHP Billiton and its joint venture (JV) partner ExxonMobil Australia have agreed to a A$400-million spend to replace a 187-km pipeline in Victoria, which transports crude oil and condensate between the Longford and Long Island Point facilities. ExxonMobil said on Friday that... 

Saracen's record production lifts profits

28th August 2015 Record gold production pushed miner Saracen Mineral Holdings’ net profit after tax up 86% and revenue by 18% in the 2015 financial year. Gold production rose 25% year-on-year to 167 531 oz, generating revenues of A$249.9-million. Net profit after tax increased from A$6-million in 2014 to... 

Ramelius to further lift output

28th August 2015 ASX-listed gold miner Ramelius Resources was targeting gold production of nearly 100 000 oz/y by the second half of 2016, as the development of its Vivien and Kathleen Valley gold mines progressed. Ramelius on Friday reported that the company had sold 88 706 oz of gold in the financial year... 

Atlas shares rise as it reports lower costs

28th August 2015 The share price of iron-ore miner Atlas Iron shot up by 19% on Friday on news of lower costs and increased cash flows. Atlas told shareholders that cash costs during July fell to A$55/t, from the A$66/t reported in the June quarter, as the contractor collaboration agreements implemented at its... 

Metals X hedges gold

28th August 2015 ASX-listed Metals X has entered into a hedging programme for 245 000 oz of gold, with scheduled deliveries until September 2018. The gold would be priced at A$1 631.23/oz. 

US dollar gold price hits Resolute bottom line

28th August 2015 Despite beating production and cost guidance, gold miner Resolute Mining reported a net loss after tax of A$502.6-million for the 2015 financial year. This was down from a profit of A$33.3-million in the 2014 financial year and came on the back of a A$572-million impairment charge primarily... 

Rex gets 12-month extension at Hillside

28th August 2015 Copper hopeful Rex Minerals has been granted a 12-month extension to submit its environment protection and rehabilitation programme and its social management plan for the Hillside project, in South Australia. Rex had applied to the South Australian Department of State Development for the... 

Tiger struggles in interim period

28th August 2015 Copper cathode producer Tiger Resources has swung to a loss in the interim period ended June, despite a 111% increase in revenues. Tiger on Friday reported a net loss after tax of A$5.6-million for the six months under review, compared with a net profit after tax of A$10.3-million in the previous... 

Evolution doubles profits

27th August 2015 Australian gold producer Evolution Mining has more than doubled its underlying net profit for the financial year ended June, as the company’s focus on cost reduction and improved efficiencies paid off. Underlying net profit for the year reached a record A$106.1-million, compared with the... 

Northern Star shines in 2015

27th August 2015 Gold miner Northern Star Resources has reported massive surges in revenue and profit for the financial year ended June, following the acquisition of a number of gold projects in Western Australia over the past year. Underlying net profit for the full year increased by 198% year-on-year to... 

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