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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

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... 

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... 

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