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Esmarie Swanepoel

 

Esmarie Swanepoel 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

Indonesian consortium lodges bidder’s statement for Finders

24th October 2017 Takeover target Finders Resources has again urged shareholders not to take any action regarding an offmarket takeover offer as the consortium of Indonesia-listed companies, known as Eastern Field Developments. The consortium, which is jointly owned by Procap Partners, PT Saratoga Investama... 

Rio Tinto faces class action suit over Mozambique coal

24th October 2017 US law firm Hagens Berman has launched a class action lawsuit against mining major Rio Tinto over the miner’s 2011 investment in the Mozambique coal assets. The lawsuit claims that Rio and certain of its former executives violated the Securities Exchange Act, and made false and misleading... 

Mustang maiden tender swells to 405 000 ct

24th October 2017 Ruby miner Mustang Resources this week announced that it would take 405 000 ct to its maiden public tender, which will start on October 27. This is more than double the original target of 200 000 ct. 

Cardinal raises C$12.5m for Ghana gold project

24th October 2017 Dual-listed Cardinal Resources on Tuesday announced that it would raise C$12-million to fund exploration and development work at the Namdini gold project, in Ghana. The company told shareholders that it had struck an agreement with a syndicate of underwriters under which the underwriters had... 

Increased resource brings certainty for Pilgangoora

24th October 2017 Lithium developer Altura Mining has increased the mineral resource estimate at its Pilgangoora lithium project, ahead of commissioning the plant early next year. The company on Tuesday reported that the mineral resource was estimated at 44.-million tonnes, grading 1% lithium oxide for 441 000 t... 

Arafura raises funds for Nolans study

24th October 2017 Rare earths developer Arafura Resources will raise A$1.5-million through a share placement to institutional and sophisticated investors, to assist in funding the completion of a definitive feasibility study at its Nolans project, in the Northern Territory Some 13.6-million new shares will be... 

Universal increases output and sales

24th October 2017 South Africa-focused coal miner Universal Coal has reported a 20% increase in coal sales for the quarter ended September, compared with the June quarter. Coal sales during the quarter reached 1.25-million tonnes, up from just over one-million tonnes sold in the June quarter, as the New... 

Tawana completes Bald Hill earn-in

24th October 2017 Lithium developer Tawana Resources has reached its A$12.5-million milestone spend at the Bald Hill project, in Western Australia, earning a 50% interest in the project, including all minerals from the tenements, as well as processing plant and infrastructure. With the conditions of the February... 

Australian oil and gas producers see losses widen

23rd October 2017 Operating revenues of Australian oil and gas producers fell by more than 20% during 2015/16, compared with the previous financial year, as falling commodity prices struck the bottom line. In a new industry financial survey, the Australian Petroleum Production and Exploration Association (Appea)... 

Lucapa boosts Lesotho diamond project’s economics

23rd October 2017 A new development plan for the Mothae kimberlite diamond mine, in Lesotho, has significantly improvedproject economics, ASX-listed Lucapa Diamonds reported on Monday. Lucapa’s initial plans for the Mothae project would have seen the company process some two-million tonnes of mainly weathered,... 

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