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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

St Barbara completes A$355m raising for Atlantic Gold buy

17th May 2019 ASX-listed gold miner St Barbara has completed A$355-million institutional entitlement offer to partly fund the acquisition of Canada’s Atlantic Gold Corporation. The 1-for-3.1 pro rata accelerated non-renounceable entitlement offer, which was priced at A$2.89 a share, formed the first stage of... 

Pantoro raises A$43m to fund Norseman deal

17th May 2019 Gold miner Pantoro has completed a A$43-million fully underwritten share placement to partially fund the acquisition and joint venture of the Central Norseman gold project, in Western Australia. Pantoro placed more than 215.18-million shares, at 20c each, to sophisticated and professional... 

Riley restart planned for year-end

16th May 2019 ASX-listed Venture Minerals is looking to restart iron-ore production at its Riley direct shipping ore (DSO) project, in Tasmania, by the fourth quarter of this year. Venture on Thursday reported the launch of an updated mining study to allow for a decision to restart operations.  

Theta gold project proves viable

16th May 2019 A feasibility study into the Theta gold project, in South Africa, has confirmed the project’s economics and commercial viability, ASX-listed Theta Gold Mines reported on Thursday. The feasibility study has estimated a total capital cost of $34.3-million over the five-year mine life, which... 

Newmont signs up for Tobruk exploration

16th May 2019 The share price of ASX-listed Prodigy Gold increased by nearly 11% on Thursday on the announcement of an exploration farm-in and joint venture (JV) agreement with gold major Newmont. Under the terms of the agreement, Newmont would make a A$1.5-million non-refundable payment on the signing of the... 

Qld miners worry about royalty rates

16th May 2019 Queensland’s royalty rates have emerged as the greatest area of concern for Queensland miners in a new survey by the Queensland Resources Council (QRC). The QRC survey found an overwhelming majority of company CEOs believe their projects and the creation of thousands of jobs from those projects... 

Lulo delivers another stellar diamond

16th May 2019 A 130 ct gem quality diamond has been recovered from the Lulo diamond project, in Angola, owner Lucapa Diamond Company reported on Thursday. The diamond is the thirteenth stone of more than 100 ct to be recovered to date, and the second so far in 2019, Lucapa told shareholders. 

Galaxy makes major investment in Alliance

16th May 2019 Lithium miner Alliance Mineral Assets has announced plans to raise A$32.5-million through a subscription agreement with fellow-listed Galaxy Resources and with Weier Antriebe und Energietechnik GmBH, a subsidiary of Jiangxi Special Electric Motor Company. The share placement will consist of... 

Azure regains full ownership of Alacrán from Teck

16th May 2019 ASX-listed Azure Minerals has struck a deal with Canada’s Teck Resources to consolidate ownership of the Alacrán silver/gold/copper project, in Mexico. Azure in 2016 gained full ownership of the Alacrán project from Teck under a 2014 agreement that required the company to sole fund $5-million of... 

Santos buys into PNG’s P’nyang field

16th May 2019 Australian oil and gas major Santos has struck a $187-million deal to acquire a 14.3% interest in the petroleum retention licence 3, which contains the P’nyang natural gas field in Papua New Guinea (PNG). The P’nyang gas field forms part of the plans to expand the PNG liquefied natural gas project. 

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