Esmarie Iannucci

https://staging1.creamermedia.com/

Esmarie Iannucci

Esmarie Iannucci is Creamer Media Senior Deputy Editor: Australasia for Mining Weekly.

Lindian sets exploration target in Mali

5th October 2023 ASX-listed Lindian Resources has announced an exploration target of between 400-million and 800-million tonnes, grading between 2% and 2.7% total rare earth at its Kangankunde project, in Mali. The announcement of the exploration target follows shortly on the report of a maiden mineral resource... →

Norseman production improves

5th October 2023 Gold production from the Norseman gold mine, in Western Australia, increased by 27% during the September quarter, compared with the June quarter. Owner Pantoro said on Thursday that gold production from Norseman had increased to 13 168 oz during the three months to September as mill feed grades... →

APC completes capital raise

5th October 2023 ASX-listed Australian Pacific Coal (APC) has completed the retail component of its accelerated non-renounceable entitlement offer, announced earlier this year. The retail component t of the 1-for-4.75 accelerated non-renounceable entitlement offer, which was priced at 11c a share, raised... →

DRA makes major changes to its board

5th October 2023 Dual-listed engineering, project delivery and operations management group DRA Global has announced the resignation of four of its directors from the company’s board, effective immediately. The ASX- and JSE-listed company on Thursday said that following engagement with the company’s largest... →

Silver Mines appoints new MD

5th October 2023 ASX-listed Silver Mines has announced the retirement of MD Anthony McClure and the appointment of current non-executive director Jonathan Battershill as MD. McClure will retire from the board at the end of the 2023 calendar year after serving of Silver Mines MD since the company’s... →

Tietto updates Abujar plans

5th October 2023 Junior gold miner Tietto Minerals has unveiled a new life-of-mine (LOM) plan for its Abujar gold mine, in Cote d’Ivoire. Over the nine-year mine life, from 2024 to 2032, Abujar is expected to produce an average 170 000 oz/y of gold at an all-in sustaining cost of $982/oz. The new LOM plan... →

Strandline readies for zircon sales

5th October 2023 Mineral sands miner Strandline Resources is poised for the first 15 000 t of zircon in concentrate shipment from its Coburn mineral sans project, in Western Australia, later this month. A second shipment of a minimum of 5 000 t of chloride ilmenite is also scheduled for this month. →

Newcrest to pay special dividend

5th October 2023 Gold miner Newcrest Mining has announced a fully franked special dividend of $1.10 a share, conditional upon a scheme of arrangement under which US major Newmont Corporation would acquire the company. The two gold miners earlier this year inked a binding scheme implementation deed under which... →

Poseiden in cost-saving mode

4th October 2023 Nickel developer Poseiden Nickel undertaking a range of cost saving measures as it waited for a stronger nickel price to trigger the start of production at its Black Swan operation, in Western Australia. The company in September announced an executive and board restructure, which saw Peter... →

Fortescue invests in green hydrogen startup

4th October 2023 Iron-ore major and green energy developer Fortescue has invested in a green hydrogen start-up, taking the lead investor role in Electric Hydrogen’s (EH2) $380-million Series C funding round. In addition, Fortescue and EH2 have separately signed a framework procurement agreement to supply 1GW... →

Blackstone hunting for partners in Vietnam refinery

4th October 2023 Junior Blackstone Minerals is looking for partners to feed its planned nickel refinery in Vietnam. Speaking at the Australian Nickel conference, in Perth, Blackstone MD Scott Williamson said the company was hoping to source some 50% of the feedstock for the proposed 40 000 t/y nickel refinery,... →

Agrimin abandons Kalium Lakes buy

4th October 2023 The Administrators of ASX-listed Kalium Lakes have been forced back to the drawing board after fellow-listed Agrimin terminated a share sales agreement for the Kalium Lake assets, which included the Beyondie sulphate of potash (SOP) project. Agrimin in September entered into a share sale... →

Leonora blooms under Genesis ownership

4th October 2023 The Leonora gold projects produced 34 066 oz of ore for gold miner Genesis Minerals during the quarter ended September, marking the first quarter under Genesis ownership. Genesis acquired fellow-listed St Barbara’s Leonora assets earlier this year for A$370-million in cash and the issue of... →

IGO still positive of reaching milestone at Kwinana

4th October 2023 Critical minerals company IGO is ‘comfortable’ that it would reach 50% of the Train 1 nameplate capacity at its Kwinana lithium hydroxide refinery, in Western Australia. IGO holds a 49% stake in the Tianqi Lithium Energy Australia (TLEA) joint venture (JV) with Tianqi Lithium Corporation holding... →

Johnston calls for clear pathway for critical minerals

4th October 2023 Western Australian Mines and Petroleum, Energy, Hydrogen Industry and Industrial Relations Minister Bill Johnston has called on the federal government to develop a clear pathway to support the development of downstream processing in critical minerals, without forgetting the importance of mining.... →

Photo by Paydirt/Rift Photography
Minister Bill Johnston

Horizon raises cash for Gum Creek

4th October 2023 Junior Horizon Gold will raise up to A$7.5-million in a renounceable entitlement offer to fund the scoping study at its Gum Creek gold project, in Western Australia. The ASX-listed company this week said that due to the ongoing exploration success and the definition of a 2.14-million tonne... →

Galan partners with Redstone in Canada

4th October 2023 ASX-listed Galan Lithium has entered into a binding joint venture (JV) agreement with fellow-listed Redstone Resources to acquire three lithium projects in the James Bay lithium province, in Quebec. The Camaro-Taiga-Hellcat property blocks collectively cover some 5 187 ha and are located... →

AEP welcomes Future Gas Strategy consultation

4th October 2023 Australian Energy Producers (AEP) this week said the Australian government’s Future Gas Strategy consultation paper highlighted the urgent need for investment in new gas supply to avoid future shortfalls and underpin the net zero transformation in Australia and the region. The federal... →

Australian resource exports poised to fall

4th October 2023 Australia’s commodity export earnings are forecast to fall from last year’s record A$467-billion to A$400-billion in 2023–24, and A$352-billion by 2024–25, the Department of Industry, Science and Resources said this week. In the September edition of the Resources and Energy Quarterly (REQ), the... →

Remote miners urged to collaborate on cybersecurity

3rd October 2023 Mining companies operating in remote geographic locations have been urged to collaborate on threat intelligence in order to mitigate cyber risk. Cybersecurity software company ESET’s chief security evangelist Tony Anscombe told Mining Weekly Online that a lot of global manufacturing companies... →

Legacy Iron readies for gold production

3rd October 2023 ASX-listed Legacy Iron is set to become a gold producer after the Western Australian government gave final approvals for the start of mining at the Mount Celia gold project. Legacy told shareholders on Tuesday that a soon-to-be-appointed mining contractor would undertake all mining activities... →

EQ Resources continues to ramp up Mt Carbine

3rd October 2023 Tungsten miner EQ Resources has continued to increase production at its Mt Carbine operation, in Western Australia, increasing output by some 88% between August and September. The ASX-listed company on Tuesday said that Mt Carbine produced some 202.8 t of tungsten concentrate in September, and... →

Fenix secures 10mt of iron-ore in WA

3rd October 2023 ASX-listed Fenix Resources has struck a deal with Sinosteel Midwest Corporation (SMC) for the exclusive right to mine and export up to 10-million tonnes of iron-ore from the Beebyn-W11 iron-ore deposit, in the Weld Range. Under the terms of the agreement, Fenix will pay A$5-million in cash on the... →

Vital's Canadian refining dreams falter

3rd October 2023 Dual-listed Vital Metals’ wholly owned subsidiary Vital Metals Canada has filed for bankruptcy after failing to amend an offtake agreement with Norway’s REEtec, and failing to repurpose its halted Saskatoon rare earths processing facility. Vital in December of last year announced plans to defer... →

Jervois eyes greenfield cobalt refinery in the US

3rd October 2023 Triple listed Jervois Global has started a bankable feasibility study (BFS) into a new greenfield cobalt refinery in the US. The BFS would be focused on a 6 000 t/y operation that would process cobalt in sulphate form for use in the US auto industry. Refinery feed is expected to be based on... →

West African and Orezone look at collaborating in Africa

3rd October 2023 Gold miner West African Resources on Tuesday announced plans to investigate synergies with TSX-listed Orezone Gold Corporation over their respective mining projects in Burkina Faso. Orezone’s Bomboré and West African’s Sanbrado operating centres are located 14 km from each other and currently... →

Galan's Phase 2 study proves up

3rd October 2023 The Phase 2 definitive feasibility study (DFS) into the Hombre Muerto West (HMW) lithium project, in Argentina, has delivered robust financial outcomes for ASX-listed Galan Lithium. Galan earlier this year this year released a Phase 1 DFS which was based on the production rate of 5 367 t/y of... →

Classic takes full ownership of Forrestania tenements

3rd October 2023 Junior Classic Minerals has struck a deal with fellow-listed Hannans’ subsidiary Reed Exploration to take full ownership of the tenements making up the Forrestania gold project, in Western Australia. Classic in 2017 acquired an 80% interest in the gold rights on the tenements, with Reed... →

Consultation starts on Future Gas Strategy

3rd October 2023 The federal government has released a discussion paper and opened consultations on a national Future Gas Strategy. Minister for Resources and Northern Australia Madeleine King said Australia’s gas policy settings were important for Australia’s energy security, for business and industry, for... →

Coronado cuts coal output

3rd October 2023 Coal miner Coronado Global Resources has revised its production guidance for the 2023 financial year on the back of adverse operating conditions at its Buchanan mine, in the US, and unexpected downtime repairs at its Curragh mining complex, in Queensland. Saleable production expectations have... →

Shell's Mereenie offtake a step closer

2nd October 2023 Energy major Shell’s gas supply agreement with the Mereenie joint venture (JV) partners has become unconditional. Shell last year struck a supply agreement with ASX-listed Cue Energy for the supply of 0.27 PJ of gas over one year, starting in January 2025. The energy major also reached an... →

Syrah refutes stockpiling claims at Balama

2nd October 2023 Graphite miner Syrah Resources on Monday refuted claims that the company was mining and stockpiling ore at its Balama operation, in Mozambique, rather than selling the output. The miner said in statement that a production campaign at Balama had been undertaken during the September quarter, and... →

Neometals halts offtake talks with Jiuxing

2nd October 2023 ASX- and Aim-listed Neometals has abandoned offtake talks with China’s Jiuxing Titanium Materials Co, but said on Monday that discussions with other parties continued. Neometals told shareholders that both companies had invested significant time and money to evaluate the feasibility of using... →

Hancock inches shareholding in Liontown

2nd October 2023 Gina Rinehart’s Hancock Prospecting has increased its stake in lithium developer Liontown Resources and has raised concerns around the company’s increased cost expectations at the Kathleen Valley project, as well as plans to shelve the direct shipping ore (DSO) plans at the mine. Hancock at the... →

Mining starts at Kolosori

2nd October 2023 ASX-listed Pacific Nickel Mines has started saprolite nickel ore mining at its Kolosori project, on the Solomon Islands. “The first mining of saprolite ore for shipment is a significant milestone for the company and another step towards first revenue for the company from the Kolosori nickel... →

Magnetic raises A$4.8m

2nd October 2023 Junior Magnetic Resources has completed a A$4.8-million capital raise to advance the development of its Laverton gold projects. The company placed 6.66-million shares at a price of 72c each, with the shares issued under Magnetic’s existing placement capacity. →

BHP calls for global collaboration on critical minerals

2nd October 2023 Mining giant BHP has noted that global collaboration a significant quantum of capital would be required in order to source the critical minerals needed to drive decarbonisation. Speaking at the IEA Critical Minerals and Clean Energy Summit, BHP CEO Mike Henry said there was global recognition... →

De Grey completes major bookbuild

2nd October 2023 ASX-listed De Grey Mining has completed the bookbuild for it’s A$300-million fully underwritten share placement. The company last week announced the two-tranche placement to fund major work at its Hemi gold project, in Western Australia, as well as providing exploration capital and funds for... →

QPM's Northern Hub gets enviro approval

29th September 2023 ASX-listed Queensland Pacific Metals (QPM) has been granted federal environmental approval for its Northern Hub, in Queensland. QPM Energy has sought regulatory approvals for development of the Northern Hub some 43 km north of the Moranbah project, with the Northern Hub consisting of a gas... →

Blackstone targets carbon at Ta Khoa

29th September 2023 Nickel developer Blackstone Minerals has inked a memorandum of understanding (MoU) with Arca Climate Technologies Inc to investigate the carbon capture potential at the Ta Khoa nickel project, in Vietnam. Under the MoU, the two companies would enter into a non-exclusive strategic relationship to... →

Danakali receives last Colluli payment

29th September 2023 ASX-listed Danakali has received the final $16-million second tranche payment from the sale of its interest in the Colluli potash project, in Eritrea. Danakali in March wrapped the sale of its 50% shareholding in the Colluli sulphate of potash (SOP) project to Sichuan Road and Bridge Group,... →

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