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Esmarie Swanepoel

 

Assistant Editor - Online for Mining Weekly

Received BTech degree in Journalism from the Tshwane University of Technology

 

Avanco announces Antas ore reserves

Base and precious metals miner Avanco Resources has reported a maiden Joint Ore Reserves Committee-complaint reserve of 2.64-million tonnes at its Antas copper deposit, in Brazil. Grading 3.19% copper and 0.66 g/t gold, the project is estimated...
By: Esmarie Swanepoel
Published on 17th September 2014
 

Focus and Cobre ink JV agreement in WA

ASX-listed juniors Focus Minerals and Cobre Montana have executed a joint venture (JV) over the Coolgardie project, in Western Australia, to hunt for rare metals. The Coolgardie tenement covers 20 prospecting licences and two mining leases, and...
By: Esmarie Swanepoel
Published on 17th September 2014
 

Poseidon extends loan agreement with Forrest

Nickel developer Poseidon Nickel has extended the terms of an A$8-million loan facility with the Minderoo Foundation, which was founded by mining heavyweight Andrew Forrest. The current loan period was set to expire on October 1, but Poseidon...
By: Esmarie Swanepoel
Published on 17th September 2014
 

Vital’s tungsten project to cost A$172m, DFS shows

A definitive feasibility study (DFS) into the Watershed tungsten project, in Queensland, has placed a A$172-million price tag on the project’s development, owner Vital Metals reported on Wednesday. The DFS concluded that the project could...
By: Esmarie Swanepoel
Published on 17th September 2014
 

Minera buys San Santiago plant

ASX-listed Minera Gold has exercised its option to acquire the San Santiago processing plant, in Peru, for $5.5-million. Minera in July this year signed the option agreement over the plant, which was currently the subject of a lease agreement...
By: Esmarie Swanepoel
Published on 17th September 2014
 

ERA reports slight increase in Ranger 3 Deeps resource

Uranium miner Energy Resources of Australia (ERA) has reported a slight increase in resources for its Ranger 3 Deeps mine, in the Northern Territory. The miner said on Wednesday that with some 95% of the revised underground drilling programme...
By: Esmarie Swanepoel
Published on 17th September 2014
 

China low-quality coal ban won’t place Oz exporters at disadvantage

The Minerals Council of Australia (MCA) on Wednesday urged the resources sector not to overreact to China’s recently announced low-quality coal ban. China’s National Development Reform Commission has instituted a ban on burning coal with an...
By: Esmarie Swanepoel
Published on 17th September 2014
 

Azumah shareholder takes bigger stake

Gold developer Azumah Resources has welcomed a further A$1.2-million investment from shareholder Caitlyn Limited. Azumah said on Tuesday that some 30-million new shares would be issued to Caitlyn, at 4c each, which would increase the company’s...
By: Esmarie Swanepoel
Published on 16th September 2014
 

Oz thermal coal exporters losing money despite cost-cutting efforts

Despite 18 months of aggressive cost cutting, nearly half of Australia’s thermal coal exports are loss making; but improved cost structures will stand miners in good stead when the price tide turns, advisory firm HDR Salva reported this week....
By: Esmarie Swanepoel
Published on 16th September 2014
 

Paladin warns of Sept quarter production shortfall

Dual-listed uranium miner Paladin Energy is expecting its September quarter production to be around 15% below expectations, owing to plant works at its Langer Heinrich mine, in Namibia. During the three months to June, the Langer Heinrich mine...
By: Esmarie Swanepoel
Published on 16th September 2014
 

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