Esmarie Iannucci

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Esmarie Iannucci

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

Silvercorp's plans for Nyanzaga align with OreCorp plans

7th September 2023 TSX and NYSE-listed SilverCorp’s development timeline for the Nyanzaga gold project, in Tanzania, aligned closely with those of takeover target OreCorp. Orecorp CEO and MD Henk Diederichs told delegates at Paydirt’s Africa Downunder conference that the A$28-million in funding received from... →

EcoGraf looking at further investment in Tanzania

7th September 2023 Graphite developer EcoGraf is weighing further investment in Tanzania, where the company is progressing its Epanko project. Speaking to Mining Weekly Online on the sidelines of Paydirt’s Africa Downunder conference, EcoGraf COO Dale Harris said the company was studying the establishment of a... →

Lindi Jumbo offers opportunity for mining in Tanzania

7th September 2023 Graphite developer Walkabout Resources is hoping that the development of its Lindi Jumbo graphite mine, in Tanzania, would open the floodgates for foreign investment in the African nation. Speaking at Paydirt’s Africa Downunder conference, in Perth, Walkabout CEO Andrew Cunningham said on... →

SA working towards addressing challenges, official tells Aus conference

7th September 2023 The South African government was committed to resolve the barriers to investment in the country in the ‘shortest possible time’, special advisor to the Mineral Resources and Energy Minister, Gwebinkundla Fellix Qonde said in Perth on Thursday. Speaking on the second day of Paydirt’s Africa... →

Photo by Paydirt/Rift Photography
Gwebinkundla Fellix Qonde

NSW hikes coal royalties

7th September 2023 The New South Wales government has taken a page out of Queensland’s playbook, announcing an increase in coal royalties from July 1, 2024. This was the first coal royalty increase since 2009. The royalty rate will increase by 2.6 percentage points, and is expected to improve the state’s budget... →

Perenti wins major contract at Motheo

7th September 2023 Contractor Perenti’s African surface mining business African Mining Services (AMS) has been awarded a $235-million contract from copper miner Sandfire Resources at the Motheo copper project, in Botswana. Under the terms of the contract, AMS will deliver all surface mining services associated... →

SA facing an opportunity for change - Smart

6th September 2023 Copper developer Orion Mineral’s MD and CEO, Errol Smart, believes that South Africa is standing at a crossroads in terms of the country’s mining future. Speaking at the Paydirt Africa Downdunder conference, in Perth, Smart noted that there was "incredible mineral potential" in South Africa.... →

Erroll Smart

Aus committed to partnerships in critical minerals drive

6th September 2023 The Australian government will work with state and territory governments, as well as foreign partners to build the critical minerals sector. Mines Minister Madeleine King said in Canberra this week that the government was seizing the opportunities presented by critical minerals on order to... →

WAF remains optimistic about Burkina Faso

6th September 2023 Gold miner West African Resources (WAF) is hopeful that the political unrest in Burkina Faso will be resolved. Speaking on the first day of Paydirt’s Africa Downunder conference, WAF GM for sustainability Mirey Lopez said that to date, the company’s projects had remained unaffected by security... →

Mining emissions fall - MCA report

6th September 2023 Scope 1 emissions from mining operations declined by 9.3% in the 2022 financial year, the Minerals Council of Australia (MCA) reported in its Climate Action Plan progress report. The report covered the Scope 1 emissions from MCA full member mining facilities reported into the safeguard mechanism. →

Sayona generates first cash from NAL

6th September 2023 Lithium miner Sayona Mining has received first cash proceeds from is North American Lithium (NAL) operation, in Quebec, following the first shipment of spodumene concentrate. Some 20 500 t of spodumene concentrate was sold via a major trading company and an initial 90% of the cash payment has... →

Botswana hoping to diversify mining economy

6th September 2023 Botswana is looking to diversify its commodity portfolio, President Mokgweetsi Eric Keabetswe Masisi said in Perth on Wednesday. Speaking on the first day of the Paydirt Africa Downunder conference, Masisi said that in order to diversify the country’s mineral portfolio, the government has... →

Photo by Paydirt/Rift Photography
President Mokgweetsi Eric Keabetswe Masisi

Early work starts at BP33

6th September 2023 Box cut excavation has started at Core Lithium’s BP33 underground project, at the company’s Finniss lithium operations, in the Northern Territory. The company is spending between A$45-million and A$50-million on early works and an updated feasibility study at BP33, with the aim of making a final... →

BHP prices $4.5bn bond offer

6th September 2023 Diversified miner BHP has priced a $4.75-billion senior secured bond offer in the US market. The bonds will be issued by subsidiary BHP Billiton Finance under BHP’s US debt registration statement, which was filed with the US Securities and Exchange Commission on February 22. →

Brightstar prices Menzies and Laverton restart

6th September 2023 A restart study into the combined Menzies and Laverton gold projects, in Western Australia, has estimated that a capital investment of around A$22-million would be required to initiate production. ASX-listed Brightstar Resources said on Wednesday that the project would target an initial 322 617... →

29Metals opens retail entitlement offer

6th September 2023 The retail entitlement offer for ASX-listed 29Metals' A$151-million capital raise has opened. The company at the end of August announced the 1-for-2.2 accelerated non-renounceable entitlement offer, priced at 69c a share. The company is expected to issue 219.1-million shares, representing around... →

Rio appoints new aluminium CEO

5th September 2023 Diversified major Rio Tinto has appointed Jérôme Pécresse as its aluminium CEO, succeeding Ivan Vella. Pécresse, who was until recently president and CEO of General Electric (GE) Renewable Energy, will join Rio on October 23. →

Qld miners spending big locally

5th September 2023 New data from the Queensland Resources Council (QRC) has shown that mining and energy companies spent some A$26.8-billion in purchases with local companies during 2021-22. Some 77% of all purchase by QRC members were made in-state, amounting to more than three of every four dollars spent on... →

MCA calls for IR bill to be scrapped

5th September 2023 The Minerals Council of Australia (MCA) has called on the federal government to scrap its new Industrial Relations (IR) Bill introduced to Parliament this week. The bill aims to criminalise wage theft, introduce minimum standards for workers in the gig economy, close the forced permanent casual... →

Chevron workers prepare for two week work stop

5th September 2023 Up to 500 workers at US energy giant Chevron’s Gorgon and Wheatstone projects in Western Australia, are preparing for a two-week strike, starting on September 14. The escalation in notified industrial action comes as Offshore Alliance bargaining representatives and representatives from Chevron... →

Black Rock extends partnership with POSCO

5th September 2023 Tanzanian graphite developer Black Rock Mining has inked a non-binding memorandum of understanding (MoU) with Korean major POSCO International Corporation over a potential long-term graphite fines offtake agreement from Module 2 of the Mahenge project. The agreement envisages the long-term... →

Tietto adjusts expectations at Abujar

5th September 2023 Junior gold miner Tietto Minerals has adjusted its production outlook for the second half of 2023 from its Abujar gold mine, in Cote d’Ivoire. The company in July this year achieved commercial production at Abujar, and set a production guidance of between 105 000 oz and 120 000 oz, at an all-in... →

Minbos eyes more opportunities in Angola

5th September 2023 Junior Minbos Resources is evaluating the production of yellow phosphorous as part of its emerging new energy materials business. Minbos is developing the Cabinda phosphate project in Angola, and was recently granted a key environmental approval license for its construction activities in the... →

Bathurst expands Canadian footprint

5th September 2023 Coal company Bathurst Resources has announced plans to increase its Canadian footprint through the acquisition of the Tenas coking coal project, in British Columbia, from a subsidiary of Allegiance Coal. The ASX-listed Allegiance Coal went into voluntary administration earlier this year. →

MinRes confirmed as buyer in Bald Hill battle

4th September 2023 ASX-listed Mineral Resources (MinRes) on Monday confirmed it had entered into an implementation agreement with the administrators of Alita Resources to acquire the Bald Hill lithium mine, in Western Australia. Alita, previously known as Alliance Minerals, went into administration in 2020 and the... →

Resolute adds to Syama North ounces

4th September 2023 Gold miner Resolute Mining has reported a 47% increase in the measured and indicated resources at the Syama North gold project, in Mali. The project’s measured and indicated resource is now estimated at 2.72-million ounces, grading 3 g/t gold following an infill diamond and reverse circulation... →

AuTECO raises A$55m

4th September 2023 ASX-listed AuTECO Minerals has received firm commitments for a A$55-million two-tranche share placement, priced at 2.2c each. The share placement was announced last month to fund the A$65-million acquisition of the Green Bay copper/gold project in Newfoundland, Canada. The acquisition comprises... →

BCI gets more credit approvals

4th September 2023 Potash developer BCI Minerals has received credit approvals for a further A$150-million of project finance for its Mardie salt project, in Western Australia, from two commercial bank debt providers. The latest credit approval for a minimum of A$150-million in project finance was in addition to... →

Exploration spend sets records for June quarter

4th September 2023 New data from the Australian Bureau of Statistics (ABS) has shown that mineral exploration expenditure in Australia rose to record highs in the June quarter. In original terms, quarter on quarter, Australian mineral exploration rose by 19.4%, or A$174-million to A$1069.9-million in the June 2023... →

Etango investment decision on track for 2024

4th September 2023 Uranium hopeful Bannerman Energy is hoping to take a final investment decision on its Etango project, in Namibia, in the first half of next year. The company on Monday said overall front-end engineering and design activities for the Etango project were progressing to plan and on budget, and that... →

Australian mining investment under threat - MCA report

4th September 2023 Deepening investment uncertainty, exhaustive delays in environmental approvals and the proposed introduction of rigid and costly industrial relations laws are combining to blunt Australia’s ability to fully capitalise on this once in multiple generation mining boom, a new report found. The... →

Leo shares fall as Mali issues arise

4th September 2023 The share price of ASX-listed Leo Lithium tanked on Monday, after the government of Mali ordered the company to halt direct shipping ore (DSO) operations at its Goulamina lithium project. The Mali government in July formed a commission to investigate a number of topics, including DSO, the... →

Albemarle takes another run at Liontown

4th September 2023 US critical minerals major Albemarle has confirmed a A$6.6-billion bid to acquire ASX-listed Liontown Resources. Liontown on Monday announced that it had received a revised conditional and non-binding indicative proposal from Albemarle, which was offering A$3 a share in cash for the ordinary... →

WA1 readies to raise A$15m

1st September 2023 Junior WA1 Resources will raise A$15-million in an institutional share placement, the company said on Friday. The company has received firm commitments for the placement of three-million new shares, in two tranche placement priced at A$5 a share, which represented a 5% discount to the company’s... →

Court rejects appeal to Talga permit

1st September 2023 The Swedish Court of Appeal has rejected a bid to appeal the grant of graphite developer Talga Group’s permit for its Nunasvaara South mine. The company was in April granted the environment and Natura 2000 permit for the mining operation, which would be the source of natural graphite for Talga’s... →

Firebird makes downstream plans in China

1st September 2023 ASX-listed Firebird Metals on Friday revealed downstream aspirations, telling shareholders that an in-house scoping study on assessing potential processing and location requirements for a plant in China, was well advanced. The company said it had developed a strategy to establish Firebird as a... →

New Talisman gets approval to go underground

1st September 2023 New Talisman Gold Mines has received approval from the New Zealand Department of Conservation for underground access at its Talisman mine. The company said on Friday that it was an important milestone while awaiting the review of the Talisman mine workplan, and the issuance of an authority to... →

Workers reject Chevron's overtures

1st September 2023 Workers at US energy major Chevron’s Gorgon and Wheatstone Downstream gas processing facilities in north-west Western Australia have rejected an enterprise agreement not endorsed by their negotiating team. The Offshore Alliance earlier this week notified Chevron that its members would begin... →

Jervois completes note placement

1st September 2023 Dual-listed Jervois Global has closed the second $5.1-million tranche of its $25-million unsecured convertible note offering, following shareholder approval. Each of the unsecured convertible notes entitles the noteholders to a fully paid ordinary share in Jervois, at a conversion price of 6.05c... →

Santos strikes deal on PNG LNG stake

1st September 2023 Oil and gas major Santos has struck a $576-million deal to sell off a 2.6% participating interest in the Papua New Guinea (PNG) liquefied natural gas (LNG) project to Kumul Petroleum Holdings. Kumul would also assume some $160-million of project financing debt. →

Piedmont commits more funding to Ghana spodumene project

1st September 2023 Lithium developer Piedmont Lithium has thrown its support behind AIM-and ASX-listed Atlantic Lithium’s development of its Ewoyaa project, in Ghana. Atlantic on Thursday reported that Piedmont had notified the company of its intent to support the development of Ewoyaa towards production. →

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