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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

Stanmore gets an offer out of Indonesia

19th November 2018 Coal miner Stanmore Coal has received a 95c a share takeover offer from Golden Investments, a company which is 51% owned by Indonesian coal producer Golden Energy and Resources and 49% held by Ascend Global Investment Fund. The unsolicited offmarket bid valued Stanmore at around A$240-million... 

Zimbabwe lithium mine to cost $165m – Prospect

19th November 2018 The definitive feasibility study (DFS) into the Arcadia lithium project, in Zimbabwe, has found that the project would require a capital investment of $165-million to develop a 2.4-million tonne a year operation. The DFS base case was double that considered in a 2017 prefeasibility study which... 

TopTung makes a play for Canadian neighbour

19th November 2018 ASX-listed junior TopTung has moved to acquire Canadian Nickel Corporation (CNC) to more than double its landholding in Quebec. CNC has previously entered into conditional agreements to acquire three advanced nickel/copper sulphide projects that are in the same district as TopTung’s own Alotta... 

Saturn adds to Apollo Hill resource

19th November 2018 Junior explorer Saturn Metals has reported a 36% increase in the resource at its Apollo Hill deposit, in Western Australia. The inferred mineral resource is now estimated at 20.7-million tonnes, grading 1 g/t gold for 685 000 oz, which Saturn said was a 14% increase on the previously estimated... 

Bathurst extends Rotowaro mine life

19th November 2018 The share price of coal miner Bathurst Resources increased by 4% on Monday after the company announced that the mine life of its 65%-held Rotowaro project, in New Zealand’s North Island, had been extended by a further four years. The miner said that the mine life extension would be achieved... 

Lucapa sells more diamonds from Lulo

19th November 2018 Diamond miner Lucapa Diamond Company has generated a further $4.2-million in sales revenue following the sale of 3 411 carats from its Lulo alluvial mine, in Angola. The company told shareholders that the parcel of diamonds achieved an average price per carat of $1 220, bring the total... 

Boonanarring produces first heavy mineral concentrate

19th November 2018 The Boonanarring mineral sands project, in Western Australia, has produced its first heavy mineral concentrate, ASX-listed Image Resources reported. The company said on Monday that the wet commissioning at Boonanarring started in October, and continues to advance on schedule and within budget. 

BHP settles long-running ATO tax dispute over Singapore hub

19th November 2018 Diversified miner BHP has reached a settlement agreement with the Australian Taxation Office (ATO) on a longstanding dispute related to the company’s marketing operations in Singapore. As part of the settlement, BHP said on Monday that it would pay A$529-million in additional taxes for the years... 

Resources continue to drive Qld economy

19th November 2018 The Queensland resources sector contributed A$62.9-billion to the state’s economy in 2017-18, a 14% increase on the previous year, the Queensland Resources Council (QRC) reported on Monday. In its ninth annual contribution report, the QRC noted that the resources sector generated one in every... 

ACCC clears Santos' Quadrant buy

16th November 2018 The Australian Competition and Consumer Commission (ACCC) on Friday reported that it will not oppose ASX-listed Santos’ proposed acquisition of Quadrant Energy. Santos in August launched a $2.15-billion bid for Western Australia-focused Quadrant Energy, which holds natural gas and oil... 

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