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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

NRW settles RCR buy

15th February 2019 Mining services provider NRW Holdings has completed the A$10-million purchase of RCR Mining and RCR Heat Treatment from the administrators of RCR Tomlinson. RCR Mining includes the mining technologies business which owns intellectual property across a range of products and processes, and is an... 

Whitehaven posts record profits

15th February 2019 Coal miner Whitehaven Coal has reported a record net profit after tax for the first half of 2019, on the back of an 11% increase in sales revenue. Net profit after tax for the six months to December reached A$305.8-million, up 19% on the previous corresponding period, after revenues increased to... 

Gruyere only months away from first production

15th February 2019 Gold miner Gold Road Resources is expecting the Gruyere joint venture (JV) with Gold Fields to produce between 100 000 oz and 120 000 oz this year, the company said on Friday. The Western Australia-located project is expected to produce its first gold during the June quarter, with commercial... 

NT moves to clarify offshore oil, gas industry’s nuclear waste obligations

15th February 2019 The Northern Territory has passed the Nuclear Waste Transport Storage and Disposal (Prohibition) Amendment Bill, providing the offshore oil and gas industry with a blueprint of their obligations around the management of nuclear waste. The nuclear waste covered by the Bill included naturally... 

Proposed Olympic Dam expansion declared ‘major development’

15th February 2019 Mining giant BHP’s expansion plan at its Olympic Dam project, in South Australia, has seen the project declared a major development by the state government. The proposed $3-billion expansion will increase copper production at Olympic Dam by some 75%, from 200 000 t/y to 350 000 t/y, and will... 

Flinders shareholders get a say

14th February 2019 The share price of Flinders Mine increased by more than 33% on Thursday after the company said that it would seek shareholder approval to de-list from the ASX, to avoid orders from the Takeovers Panel. A number of Flinders shareholders turned to the Takeovers Panel, after Flinders applied to... 

Ramelius settles Marda buy

14th February 2019 Gold miner Ramelius Resources has completed the acquisition of the Marda gold project, in Western Australia, from the creditors of Black Oak Minerals. Ramelius in September of last year announced plans to purchase the Marda gold project from the liquidators of Black Oak Minerals, for A$13-million. 

Carnarvon raises A$50m

14th February 2019 ASX-listed Carnarvon Petroleum will raise A$50-million through a placement to institutional and sophisticated investors to fund appraisal and exploration activities in the North West Shelf. The company will issue some 151.6-million new shares, at an issue price of 33c a share to sophisticated... 

Newcrest profits soar in first half

14th February 2019 Gold miner Newcrest Mining has reported a 142% surge in profits for the first half of 2019, while underlying profits increased by 104% on the previous corresponding period. Newcrest on Thursday reported a statutory profit of $237-million and an underlying profit of $237-million, while cash flow... 

Liontown raises cash for lithium plays

14th February 2019 Lithium hopeful Liontown Resources was hoping to raise up to A$7.9-million through a share placement to fast-track exploration and development activities at its Austarlian lithium projects. The ASX-listed company on Thursday said that it would undertake a one-for-five non-renounceable pro-rata... 

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