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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

Galan takes major stake in Greenbushes South

14th January 2021 ASX-listed Galan Lithium has struck a deal with fellow-listed Lithium Australia to acquire an 80% interest in the Greenbushes South lithium project, in Western Australia. Under the terms of the agreement, Galan would issue 1.22-million shares to Lithium Australia to form an unincorporated joint... 

Pilbara completes capital raise

14th January 2021 Lithium miner Pilbara Minerals has successfully completed the retail component of its entitlement offer, raising some A$60.6-million. The company last year announced plans to raise some A$121-million through a fully underwritten accelerated non-renounceable entitlement offer, to partly fund the... 

Infrastructure spend planned for Beetaloo basin

14th January 2021 The Australian government has announced a A$217-million investment to upgrade and develop roads in the Northern Territory, to open up the Beetaloo basin for major gas projects. The Gas Industry Roads Upgrades programme, which will be funded through the Roads of Strategic Importance (Rosi)... 

Rio extends life at NZ smelters

14th January 2021 Diversified miner Rio Tinto has settled on a new electricity agreement with ASX-listed Meridian Energy that allows New Zealand’s Aluminium Smelter (NZAS) to continue operating the Tiwai Point aluminium smelter until the end of December 2024. The extension provides certainty to employees, the... 

Aeris settles Yandan sale

13th January 2021 Copper and gold miner Aeris Resources (ASX: AIS) today announced the completion of the sale of the Yandan gold exploration project, in Queensland, to fellow listed GBM Resources. Under the terms of the sales agreement, GBM has now paid Aeris A$3-million worth of its own shares, priced at 13.5c... 

Okapi makes a move on Enmore

13th January 2021 ASX-listed Okapi Resources will proceed with the acquisition of the Enmore gold project, in New South Wales, after completing a successful due diligence. The junior in December announced a heads of agreement under which it would acquire the gold project for a A$75 000 cash payment and the issue... 

Tesoro SPP exceeds plans

13th January 2021 Junior Tesoro Resources on Wednesday revealed that its December share purchase plan (SPP) had closed significantly oversubscribed, with the company receiving valid applications for some a$4.5-million worth of shares. The applications received exceeded the A$3-million target set by the SPP,... 

Cardinal directors take up Shandong's offer

13th January 2021 The directors of ASX and TSX-listed Cardinal Resources have all accepted a takeover offer from Chinese suitor Shandong Gold Mining, and have urged the company’s remaining shareholders to do the same before the end of the offer period on January 19. Shandong Gold Mining on Wednesday had a 92.29%... 

Newcrest approves Havieron spend

13th January 2021 The board of gold miner Newcrest Mining has approved the A$146-million construction of the Havieron project, in Western Australia, following the receipt of the necessary regulatory approvals. The investment would fund the construction of the box cut operation, exploration decline and associated... 

Kirkland Lake posts increased production

13th January 2021 Triple listed gold miner Kirkland Lake Gold has reported a 32% increase in gold production during the fourth quarter ended December, compared with the previous corresponding period. The ASX, TSX and NYSE listed company on Wednesday announced that all three of its cornerstone assets had achieved... 

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