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Esmarie Iannucci

 

Esmarie Iannucci 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

WPG administrators weigh more offers

21st May 2019 The administrators of embattled WPG Resources have adjourned a second meeting of the company’s creditors to consider two additional takeover offers. WPG went into administration in 2018 following a default on a A$20-million debt facility. 

Syndicated pulls the trigger at Newfield

20th May 2019 Junior Syndicated Metals has exercised its options for a farm-in agreement with fellow-listed Newfield Resources over the Newfield gold project, in Western Australia. Syndicated has paid Newfield A$25 000 in cash and has issued the company with 30-million shares, and ten-million options in... 

King of the Hills resource grows beyond 3Moz

20th May 2019 The King of the Hills gold project, in Western Australia, is now estimated to host some 3.1-million ounces of contained gold, ASX-listed Red 5 told shareholders. The company on Monday reported a bulk mining mineral resource estimate of 66-million tonnes, grading 1.5 g/t gold for King of the... 

Matsa signs ore deal with AngloGold Ashanti

20th May 2019 ASX-listed Matsa Resources has inked an ore purchase agreement with gold miner AngloGold Ashanti for the ore produced from the Red October gold mine, in Western Australia. Ore from the Red October mine will be proceed at AngloGold Ashanti’s 3.8-million tonne a year mill at the Sunrise Dam... 

Lynas plans rare earth plant in Texas

20th May 2019 Rare earths miner Lynas has signed a memorandum of understanding (MoU) with US-based Blue Line to develop rare earth separation capacity in the US. Under an MoU, the two companies would exclusively work together on the proposed development of a rare earth separation facility at the Blue Line site... 

Miners welcome Australia election results as Morrison takes victory

20th May 2019 The Australian resources sector has welcomed the results from the May 18 federal election, which was won by a Liberal-led Coalition with Scott Morrison at the helm. “The Coalition government’s strategic economic reform agenda to keep taxes low, in conjunction with responsible 2019/20 Budget... 

New numbers impart shine to BCI’s Mardie SoP and salt project

17th May 2019 An optimisation of the prefeasibility study (PFS) for the Mardie salt and potash project, in Western Australia, has improved the project economics, with a definitive feasibility study (DFS) now targeted for late 2019. ASX-listed BCI Minerals on Friday reported that the optimised PFS estimated a... 

Hexagon taps US as preferred location for graphite plant

17th May 2019 A scoping study by ASX-listed Hexagon Resources has determined that the preferred location for a stand-alone graphite purification and processing plant (GPPP) to be Washington State, in the US. The scoping study considered sites in both the US and in Western Australia, with the US site winning... 

AuStar rethinking Centennial plans

17th May 2019 Junior AuStar Gold has paused its takeover plans for embattled Centennial Mining, following discussions with that company’s administrators. AuStar in May revealed its intentions to make a takeover offer for Centennial, which holds the A1 gold mine, after the Centennial’s administrators revealed... 

Metminco enacts Andes merger

17th May 2019 ASX-listed Metminco has signed a binding bid implementation agreement with Colombia-focused Andes Resources to enact a merger agreement reached in March this year. Under the terms of the off-market agreement Metminco would issue 25 of its own shares for every Andes share held, with the merger to... 

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