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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

Gold Road targets A$26m exploration spend

7th April 2020 Gold miner Gold Road Resources has set an exploration budget of A$26-million for the 2020 financial year, with the miner saying on Tuesday that it’s the majority of this work would be geared towards discoveries on the Yamarna belt, in Western Australia. Gold Road holds 4 500 km2 of land position... 

Blackstone signs share deal with EcoPro

7th April 2020 Junior Blackstone Minerals has inked a share purchase agreement with Korea’s largest nickel-rich cathode materials manufacturer EcoPro, which will result in a A$6.8-million investment into the ASX-listed company. Under the purchase agreement, EcoPro would acquire 40-million shares in Blackstone... 

Golden Investment's stake in Stanmore jumps

7th April 2020 Takeover target Stanmore Coal has again urged shareholders not to take any action in relation to a takeover offer from suitor Golden Investments, after its shareholding in the company increased from just over 31% to around 51%. Golden Investment last week launched a takeover bid for Stanmore,... 

Marketing deal signed for New Elk coal

7th April 2020 ASX-listed Allegiance Coal has finalised a sale and marketing agreement with M Resources Trading over the coal produced at its New Elk mine, in Colorado. The agreement provides for an exclusive global sales and marketing arrangement spanning five years, with M Resources’ marketing fees to be... 

Dazzler resource increases by 50%

7th April 2020 ASX-listed Northern Minerals has reported a 50% increase in the mineral resource estimate for the Dazzler rare earths deposit, at its Browns Range project, in Western Australia. The deposit is now estimated to host 214 000 t of ore, grading 2.33% total rare earth oxide for five-million kilograms... 

Pure's Tech hub proves economical

7th April 2020 An updated prefeasibility study (PFS) into the Townsville Energy Chemicals Hub (Tech) project, in Queensland, has confirmed its potential to deliver excellent economic results while remaining financially robust in a downward price cycle. Owner Pure Minerals noted that the Tech project will... 

Oil Search looks to raise A$1.1bn

7th April 2020 Oil and gas major Oil Search is hoping to raise some A$1.1-billion to assist the company in retaining liquidity during the low oil-price environment. The equity raising will consist of an underwritten institutional placement to raise an initial A$760-million, and an accelerated... 

Newcrest establishes Covid-19 fund

7th April 2020 Gold miner Newcrest Mining has established a A$20-million community support fund to assist host communities during the Covid-19 pandemic. The miner on Tuesday said that a portion of the fund would go towards vaccine research, while around half of the fund will be dedicated to assisting Papua New... 

Pogo employee tested positive for Covid-19

6th April 2020 An employee at gold miner Northern Star Resources’ Pogo mine, in Alaska, has tested positive for Covid-19 while at home on rostered leave. The miner said that the employee, who lives in Fairbanks, tested positive for the virus four days after completing his 12-day roster at the mine site. 

Andromeda weighs wet processing in South Australia

6th April 2020 An updated scoping study to consider wet processing of kaolinised granite at the Poochera halloysite-kaolin project, in South Australia, has increased the expected annual refined kaolin produced at the site, increasing the expected revenues and life-of-mine (LOM) earnings, ASX-listed Andromeda... 

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