Esmarie Iannucci

https://staging1.creamermedia.com/

Esmarie Iannucci

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

Sandfire completes finance uplift at Motheo

14th September 2023 Copper/gold miner Sandfire Resources has completed a $60-million uplift to the Motheo finance facility, from $140-million to $200-million to support the 5.2-million tonne a year expansion of the project. The company on Thursday said that the finance facility would maintain its overall seven-year... →

Catalyst gets early-works approval at Trident

14th September 2023 The company on Thursday said that the mining proposal for a small mining operation had been approved by the Department of Mines, Industry Regulation and Safety, providing the company with the regulatory approval to start portal construction and decline development from the existing Marwest... →

Leo cements Ganfeng deal

14th September 2023 Lithium developer Leo Lithium has cemented its equity investment agreement with lithium producer Ganfeng Investment. Under the equity investment agreement Ganfeng will sole fund $137.2-million of capital costs for the Goulamina lithium project, in Mali, via direct cash injection into the... →

NT exploration spend rises

14th September 2023 Mineral exploration expenditure in the Northern Territory in the 2022/23 financial year shot up to A$200.1-million, or a 17% increase from the previous year and the highest recorded since 2011/12, the Territory government revealed this week. The 17% rise in expenditure in the Northern Territory... →

Bowen quits BHP board

14th September 2023 Diversified miner BHP has announced the retirement of independent non-executive director Terry Bowen at the end of the company’s annual general meeting on November 1. Bowen has accepted the role of president and COO of e-commerce technology company Rokt. →

Strike awarded production licence at South Erregulla

13th September 2023 ASX-listed Strike Energy has been granted a production licence by the Department of Mines, Industry Regulation and Safety over its South Erregulla gas field, in Western Australia. South Erregulla is one of the four gas fields that is targeted for commercial production by 2025, along with... →

Burgundy shares rise as revenues soar

13th September 2023 The share price of diamond miner Burgundy Diamonds jumped more than 16% on Wednesday after the company flagged higher revenue for the third quarter to date, following the acquisition of the Ekati diamond mine, in Canada, in July this year. Burgundy told shareholders that the company had secured... →

EPA backs Woodside's solar plans

13th September 2023 The Western Australian Environmental Protection Authority (EPA) has recommended the approval of oil and gas major Woodside’s solar facility plans in the Pilbara’s Maitland Strategic Industrial Area (MSIA). Woodside’s proposal would see the generation of electricity from a large-scale solar... →

Liontown awards final construction contract at Kathleen Valley

13th September 2023 Lithium developer Liontown Resources has awarded a A$100-million wet plant structural, mechanical, piping (SMP) and electrical and instrumentation (E&I) contract to ASX-listed Monadelphous at its Kathleen Valley project, in Western Australia. This was the final construction contract for the... →

Gov weighing safeguards to avoid Northern Endeavour repeat

13th September 2023 The Australian government is considering ways to strengthen the existing financial assurance regime for offshore oil and gas titleholders, to better insulate taxpayers against future decommissioning liabilities, Resources Minister Madeleine King told Parliament. In 2021, Parliament passed... →

Decommissioning offering valuable opportunity for sector

13th September 2023 The Australian government has released an issue paper on offshore decommissioning, which has highlighted the opportunities for the oil and gas sector. Speaking in Parliament, Resources Minister Madeleine King said that the Australian oil and gas industry would spend some A$60-billion to remove,... →

De Grey gets Hemi mining lease

13th September 2023 ASX-listed junior De Grey Mining has been granted a mining lease for its Hemi gold project, in Western Australia. The company told shareholders on Wednesday that the mining lease from the Department of Mines, Industry Regulation and Safety covered the Hemi deposits, proposed mining area and the... →

Production starts at Shenzi North

13th September 2023 Oil and gas major Woodside has started production at the Shenzi North project in the deep-water US Gulf of Mexico. Shenzi North is a two-well subsea tieback that takes advantage of the existing Shenzi infrastructure to increase production capacity of the asset. The Shenzi platform produces both... →

Talga starts construction at Vittangi

12th September 2023 Early works and construction of the Vittangi anode project, in Sweden, has started, ASX-listed Talga reported on Tuesday Vittangi will use 100% renewable electricity to produce an initial 19 500 t/y of green anode for lithium-ion batteries from an integrated mine and anode refinery operation in... →

James Bay starts trading on ASX

12th September 2023 Canada-focused lithium explorer James Bay Minerals has listed on the ASX, following a A$6-million initial public offering (IPO). The Perth-based company is now trading under the ticker JBY. →

NickelSearch and Allkem hunt for lithium

12th September 2023 ASX-listed NickelSearch has joined forces with lithium miner Allkem to evaluate the lithium potential at the Carlingup nickel sulphide project, in Western Australia. Allkem will review the lithium-related data for Carlingup and advise on target generation and prioritisation. →

Develop unveils new Woodlawn plans

12th September 2023 An updated mine plan for the Woodlawn zinc/copper project, in New South Wales, has estimated that the project would require a capital investment of A$32-million to allow for a restart. ASX-listed Develop Global said on Tuesday that over the seven-year mine life, the project is expected to... →

Photo by Bloomberg
Develop MD Bill Beament

UK backs Ionic's supply chain plans

12th September 2023 ASX-listed Ionic Rare Earths has inked a landmark partnership agreement with Ford Technologies, Less Common Metals (LCM) and the British Geological Survey to create a UK-based rare earth supply chain from recycled magnets. Ionic subsidiary Ionic Technologies’ recycling technology would be used... →

Court backs AuTECO's Canadian play

12th September 2023 The Supreme Court of Newfoundland and Labrador has approved ASX-listed AuTECO’s A$65-million deal to acquire the Green Bay copper/gold project in Newfoundland, Canada. AuTECO previously submitted a bid under the sale and investment solicitation process for Canadian company Rambler Group, which... →

Final verdict for Kvanefjeld

12th September 2023 The Greenland Ministry of Mineral Resources and Justice has made a final decision on the amended exploitation licence application from ASX-listed Energy Transition Minerals over its Kvanefjeld project, refusing the application or an alternative exploitation licence. Energy Transition Minerals has... →

Santos prices $850m bond

12th September 2023 Oil and gas major Santos has priced a $850-million senior unsecured fixed rate bond transaction in the US market. The bonds have been priced at a fixed coupon rate of 6.875% for a period of ten years, maturing in September 2033. →

Hancock confirms Liontown share splurge

12th September 2023 Gina Rinehart’s Hancock Prospecting has confirmed it has become a substantial shareholder in takeover target Liontown Resources. Hancock Prospecting this week confirmed it has taken a 7.72% interest in Liontown, providing the company with a ‘strategic stake’ and giving Liontown the opportunity... →

Hancock boss Gina Rinehart

ABx strikes bauxite offtake

11th September 2023 Bauxite miner ABx Group has reached a five-year bauxite supply deal with cement manufacturer Adelaide Brighton Cement (ABCL), a subsidiary of ASX-listed Adbri. The agreement forecasts the supply of between 90 000 t and 120 000 t of cement-grade bauxite from ABx’s DL130 bauxite project, in... →

Toro raises cash

11th September 2023 ASX-listed Toro Energy will raise A$4.5-million through a share placement to fund extensions to the Lake Maitland scoping study, and prepare a pilot plant programme for the Lake Maitland/Wiluna uranium project study. Toro on Monday told shareholders that the company had secured firm commitments... →

Whim Creek economics improve with heap leach study

11th September 2023 A scoping study into the heap leach potential at the Whim Creek polymetallic project, in the Pilbara, has proven positive for junior Anax Metals. The ASX-listed company said the heap leach study demonstrated the potential for low-cost production of copper cathode and zinc sulphate products,... →

Albemarle starts due diligence on Liontown

11th September 2023 US critical minerals major Albemarle will start its due diligence research into ASX-listed Liontown Resources, to allow the company to submit a binding bid. Albemarle recently confirmed a A$6.6-billion bid for Liontown, tentatively offering A$3 a share in cash for the ordinary shares outstanding... →

WA gas market to remain tight in short term - report

11th September 2023 An independent report into Western Australia’s gas market has found that domestic supply would remain tight until 2027, until new supply led by Perth Basin and Scarborough volumes came online. Independent researcher Rystad Energy found policy and regulatory stability remained vital for the gas... →

Tasmania commits more funding to hydrogen

11th September 2023 Industry has welcomed the Tasmanian government’s support for the development of a green hydrogen industry by 2025. In announcing new funding to help stimulate domestic green hydrogen capability in Tasmania, Energy and Renewables Minster Guy Barnett said that building a domestic renewable... →

Syrah gets funding support from the US

11th September 2023 The US International Development Finance Corporation (DFC) has approved a $150-million conditional loan commitment to ASX-listed Syrah Resources’ subsidiary Twigg Exploration and Mining. Syrah said on Monday that if completed, the loan would fund the capital requirements for its Balama graphite... →

DSO remains an option at Goulamina - Hay

8th September 2023 The direct shipping ore (DSO) opportunity at the Goulamina lithium mine, in Mali, remained present, owner Leo Lithium said on Friday. Speaking at the last day of Paydirt’s Africa Downunder conference, in Perth, Leo MD Simon Hay told delegates that negotiations with the Mali government were... →

Atlantic gains more support for Ewoyaa

8th September 2023 Lithium developer Atlantic Lithium has launched funding discussions with potential offtake partners to secure the last of the funding required to develop its Ewoyaa lithium project, in Ghana. Atlantic on Friday announced a non-binding heads of terms with Ghana’s Minerals Income Investment Fund... →

Work advances at Sembehun

8th September 2023 Mineral sands miner Sierra Rutile is progressing the definitive feasibility study (DFS) at Sembehun project, in Sierra Leone, in parallel with a financing process. Sierra Rutile’s finance director Martin Alciaturi told delegates at Paydirt’s Africa Downunder conference, in Perth, the DFS is... →

Reservation policy not on the cards for critical minerals

8th September 2023 Calls for the Australian government to consider a reservation policy on critical mineral feedstock to allow for the development of a downstream industry, were unlikely to be heeded. Mineral sands producer Iluka Resources boss Tom O’Leary earlier this year said the government would need to... →

Australia remains committed to African partnerships

8th September 2023 Australia remained committed to building a relationship with Africa, despite the recent abrupt decision by Austrade to close its office in South Africa in lieu of a desk in Nairobi. Speaking on the sidelines of Paydirt’s African Downunder conference, federal Resources Minister Madeleine King... →

Anglo American eager for Buena Vista concentrate

8th September 2023 ASX-listed Magnum Mining & Exploration has flagged a potential offtake deal with mining major Anglo American over all of the iron-ore produced from the Buena Vista iron project, in Nevada. Magnum has inked a memorandum of understanding (MoU) with Anglo American to progress negotiations towards a... →

Monadelphous wins Greenbushes contract

8th September 2023 Engineering firm Monadelphous Group has been awarded a A$160-million contract from Talison Lithium at the Greenbushes site, in Western Australia, for the construction of the chemical grade plant 3 (CGP3). Talison Lithium is a joint venture between ASX-listed IGO, Tianqi Lithium and US major... →

NSW launches critical mineral strategy consultation

8th September 2023 The New South Wales government has started consultation on its new critical minerals and high-tech metals strategy. The government said on Friday that the strategy was a crucial document that provides the framework for the critical minerals and high-tech metals mining industry. The renewed... →

Matsa distances itself from Devon Pit DFS

8th September 2023 ASX-listed Matsa Resources has urged its shareholders to disregard a definitive feasibility study (DFS) released by its Devon Pit joint venture (JV) partner Linden Gold. Under a profit-sharing JV agreement with Matsa, Linden was required to deliver an approved DFS by the end of August this year.... →

Toliara lies in wait for Madagascar progress

7th September 2023 Mineral sands miner Base Resources is not expecting to see any material progress at its Toliara project, in Madagascar, until the overhaul of the mining code and the conclusion of presidential elections late in 2023. In a presentation to Paydirt’s Africa Downunder conference, Base MD Tim Carstens... →

MRC flags six-week stop at Skaland

7th September 2023 Mineral sands and graphite producer Mineral Commodities (MRC) has flagged a six-week interruption at its Skaland graphite mine, in Norway. The ASX-listed company on Thursday reported a mechanical failure of the primary ore production drill rig at Skaland, with initial attempts to repair the... →

Woodside inks CCS MoU with KEPCO

7th September 2023 Oil and gas major Woodside will collaborate with Japanese company Kansai Electric Power Co (KEPCO) on carbon capture and storage (CCS). The two companies have inked a non-binding memorandum of understanding (MoU) that will enable studies of a potential CCS value chain between Japan and Australia. →

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