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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

Westgold profits surge

24th February 2020 A 17% increase in gold production during the first half of 2020 has seen gold miner Westgold Resource report a 187% increase in net profits after tax. Westgold on Monday announced that gold production during the six months ending December had increased to 120 127 oz, with revenues up by 18%, to... 

Apollo raises A$10m for Rebecca exploration

24th February 2020 ASX-listed Apollo Consolidated will raise A$10-million to accelerate drilling activities at its flagship Lake Rebecca gold project, in Western Australia. The junior would place 47.6-million shares, at a price of 21c each to institutional and sophisticated investors under its existing placement... 

Sky raises funds for gold exploration

24th February 2020 Junior explorer Sky Metals will raise some A$10.5-million through a share placement to fund exploration work at the Cullarin gold project, in New South Wales, where it is earning an 80% interest. The company has received firm commitments for the placement of more than 47.72-million shares, at a... 

Sayona places a bid for Canadian NAL

24th February 2020 Emerging lithium hopeful Sayona Mining has submitted its bid for North American Lithium (NAL), in Quebec. NAL in 2018 produced 114 000 t of spodumene against a nameplate capacity of 180 000 t. The operation also has the potential to produce battery-grade lithium carbonate with the necessary... 

TerraCom makes a play for African bauxite

24th February 2020 ASX-listed TerraCom is continuing its acquisition spree in Africa, with the company signing a binding term sheet for the acquisition of bauxite developer Anglo African Minerals (AAM). AAM’s bauxite resources are located in the Republic of Guinea, consisting of three development projects,... 

Doray assets skyrocket Silver Lake profits

24th February 2020 Gold miner Silver Lake Resources has reported a 1 117% increase in profits after tax for the first half of 2020, on the back of a near doubling in gold production and higher gold prices. Silver Lake on Monday reported that gold production for the half year ended December increased by 98% on the... 

Ramelius posts strong first half

24th February 2020 Higher gold grades and higher achieved sales prices has seen gold miner Ramelius Resources report a 329% increase in net profits after tax for the six months ended December. The miner on Monday reported that net profits after tax for the interim period had increased from the A$4.8-million... 

New offer emerges for Alto

24th February 2020 The share price of junior Alto Metals surged by more than 80% on Monday as the company weighs its options regarding a possible bid from fellow-listed Goldsea Australia Mining. Goldsea, which is an Australian wholly-owned subsidiary of Shandong Goldsea Group, at the end of last week announced... 

Panoramic signs up Barminco for underground work

21st February 2020 Nickel miner Panoramic Resources has inked a long-term underground mining contract with contractor Barminco at its Savannah nickel mine, in Western Australia. Barminco’s parent company Perenti on Friday said that under the near A$200-million contract, Barminco will undertake mine development,... 

Didipio troubles weigh on OceanaGold

21st February 2020 Dual listed gold miner OceanaGold has reported lower revenues and profits for the year ending December as production volumes declined on the back of a decision to suspend mining operations at the Didipio mine, in the Philippines. The TSX- and ASX-listed OceanaGold produced 470 600 oz during the... 

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