Esmarie Swanepoel

Energia's Carley Bore proves profitable

A scoping study into ASX-listed Energia Minerals’ Carley Bore uranium project, in Western Australia, has proven that the project is economically feasible. Energia told shareholders on Thursday that the scoping study estimated that the project...

Albidon shareholders approve merger

The shareholders of ASX-listed Albidon have approved the proposed takeover by Hong Kong-listed Jinchuan Group, through its wholly owned subsidiary Jin Tuo Investment. In March this year, Jinchuan made a play for the base metals miner, offering to...

Rio gets nod for Cape York bauxite project

Australian Environment Minister Tony Burke on Wednesday approved Rio Tinto’s South of Embley bauxite mine, in Queensland, but imposed 76 conditions on the $1-billion, western Cape York Peninsula-based project, to protect the Great Barrier Reef....

Senex announces new gas discovery

Oil and gas company Senex Energy on Wednesday reported that it had identified up to 2.9-trillion cubic feet of prospective resource in a new gasfield, dubbed Hornet. The resource included some 141-billion cubic feet of 1C contingent resource, and...

Aquila increases Central Queensland resources

Diversified junior Aquila Resources has reported resource increases at both its Talwood coking coal project and at its Walton coal project, in Central Queensland. At the Talwood project, the Joint Ore Reserves Committee- (Jorc-) compliant...

Impact sells off noncore Botswana assets

Junior developer Impact Minerals has taken the decision to sell off four of its noncore prospecting licences in the northern part of its Botswana uranium project. The four licences would be transferred to Sechaba Natural Resources for a total of...

PanTerra on track to meet production targets

Gold miner PanTerra Gold was on track to meet its production targets for the second quarter, as its Las Lagunas operation, in the Dominican Republic, went back to full production. The ASX-listed miner said that Las Lagunas was expected to deliver...

Crusader cuts executive pay, updates board

ASX-listed metals developer Crusader Resources on Wednesday announced plans to reduce overheads and to overhaul its board, following a comprehensive review. The company said that its directors and executive team had agreed to a 20% pay cut, which...

Miners voice worry over exploration deduction changes

The Australian resources industry on Wednesday expressed concern that the federal government’s tax amendments, especially changes to deductions on exploration spend, could slow the search for new resources. In the 2013/14 Budget, federal...

Endeavour to cut back spending amid volatile gold market

Dual-listed gold miner Endeavour Mining on Wednesday announced that it would cut back on capital spend during 2013, as market volatility in the gold sector continued. The miner produced some 73 654 oz of gold during the first quarter of 2013, at...