Latest news with #WarwickGrigorAguia
The Age
6 days ago
- Business
- The Age
Aguia phosphate outshines imports in Brazilian crop trials
Aguia Resources has struck fertiliser gold in southern Brazil, after new field trials showed its homegrown organic phosphate products rival the performance of top-shelf imported fertilisers, at a fraction of the price. Since 2019, the company has been running tests with remarkable success on its 12 per cent high-grade phosphorus pentoxide product - dubbed Pampafos - at its Rio Grande do Sul-based operation. The ASX-listed junior has now released the results of a two-year independent field trial on its standard 6 per cent grade Lavratto product. The company says the findings are a game-changer for Brazil's phosphate-hungry agricultural heartland. Conducted by renowned agronomist Dr Felipe de Campos Carmona at the Integrar/Agrinova Technological Centre, the trial spanned both winter and summer crop cycles. Phosphate was applied to ryegrass and oats in winter, followed by soybeans and corn in the summer. 'Aguia is making steady progress on becoming operational and the quality of the phosphate products has been confirmed by this recent test work.' Aguia Resources executive chairman Warwick Grigor Aguia's locally produced phosphorus compared toe-to-toe with the likes of imported 32 per cent grade Moroccan phosphate, triple superphosphate and uber-high-grade 48 per cent monoammonium phosphate (MAP). The trials proved the company's products match or outperform the yield outcomes of the established fertilisers. In soybean crops, Aguia's Lavratto topped the yield tables when applied at 200 kilograms per hectare (kg/ha), outstripping even expensive MAP fertilisers. The same trend appeared across successive ryegrass-soy and oat-corn crops. For corn, the highest yields came from a clever sequence of applying Aguia's Lavratto in winter, followed by MAP in summer. Ryegrass responded particularly well to Pampafos at a higher 200kg/ha application, punching in dry yields above 8 tonnes per hectare. This is comparable to Morocco's phosphate and MAP, despite being a significantly lower-grade product.
Sydney Morning Herald
6 days ago
- Business
- Sydney Morning Herald
Aguia phosphate outshines imports in Brazilian crop trials
Aguia Resources has struck fertiliser gold in southern Brazil, after new field trials showed its homegrown organic phosphate products rival the performance of top-shelf imported fertilisers, at a fraction of the price. Since 2019, the company has been running tests with remarkable success on its 12 per cent high-grade phosphorus pentoxide product - dubbed Pampafos - at its Rio Grande do Sul-based operation. The ASX-listed junior has now released the results of a two-year independent field trial on its standard 6 per cent grade Lavratto product. The company says the findings are a game-changer for Brazil's phosphate-hungry agricultural heartland. Conducted by renowned agronomist Dr Felipe de Campos Carmona at the Integrar/Agrinova Technological Centre, the trial spanned both winter and summer crop cycles. Phosphate was applied to ryegrass and oats in winter, followed by soybeans and corn in the summer. 'Aguia is making steady progress on becoming operational and the quality of the phosphate products has been confirmed by this recent test work.' Aguia Resources executive chairman Warwick Grigor Aguia's locally produced phosphorus compared toe-to-toe with the likes of imported 32 per cent grade Moroccan phosphate, triple superphosphate and uber-high-grade 48 per cent monoammonium phosphate (MAP). The trials proved the company's products match or outperform the yield outcomes of the established fertilisers. In soybean crops, Aguia's Lavratto topped the yield tables when applied at 200 kilograms per hectare (kg/ha), outstripping even expensive MAP fertilisers. The same trend appeared across successive ryegrass-soy and oat-corn crops. For corn, the highest yields came from a clever sequence of applying Aguia's Lavratto in winter, followed by MAP in summer. Ryegrass responded particularly well to Pampafos at a higher 200kg/ha application, punching in dry yields above 8 tonnes per hectare. This is comparable to Morocco's phosphate and MAP, despite being a significantly lower-grade product.
The Age
20-05-2025
- Business
- The Age
Aguia drill rigs roll in Colombia to chase gold bonanza
Aguia Resources has fired up the diamond rigs at its high-grade Santa Barbara gold project in Colombia with a 25-hole, 2500-metre program designed to unlock a potentially huge discovery in the system's rich mesothermal vein network. The company will also pepper the existing stockwork to clear a path for expanded underground production and set the stage for a maiden JORC resource towards the end of the year. Definition drilling will follow up on known mineralised zones at the Santa Barbara and Mariana workings, some already with shallow underground access. The company says the holes will typically be less than 100m deep and chase the Santa Barbara main vein and an associated structure known as Vein 2. Deeper holes will then test the system's downdip potential. 'The real speculative appeal comes from the possibility that we could be sitting on a large high-grade gold resource.' Aguia Resources executive chairman Warwick Grigor Aguia says confirmation of both grade and continuity at depth and along strike is the first item on its wish list, which will underpin its resource modelling and development plans. The rig will then push deeper into discovery mode, shifting the focus to a broader exploration blitz across a 7-kilometre stretch of mapped surface veins. The hunt is on to uncover repetitions and extensions of Santa Barbara's main mineralised structures - and if the bit hits paydirt, Aguia could be staring down a geological jackpot. The program is being guided by an in-house 3D structural model that has already hinted at a northerly trending domino-style fault system, which likely offsets and repeats the high-grade veins. The model has proven its worth, with artisanal workings turning up exactly where the geologists predicted and opening up a promising new southwest extension of the system.
Sydney Morning Herald
20-05-2025
- Business
- Sydney Morning Herald
Aguia drill rigs roll in Colombia to chase gold bonanza
Aguia Resources has fired up the diamond rigs at its high-grade Santa Barbara gold project in Colombia with a 25-hole, 2500-metre program designed to unlock a potentially huge discovery in the system's rich mesothermal vein network. The company will also pepper the existing stockwork to clear a path for expanded underground production and set the stage for a maiden JORC resource towards the end of the year. Definition drilling will follow up on known mineralised zones at the Santa Barbara and Mariana workings, some already with shallow underground access. The company says the holes will typically be less than 100m deep and chase the Santa Barbara main vein and an associated structure known as Vein 2. Deeper holes will then test the system's downdip potential. 'The real speculative appeal comes from the possibility that we could be sitting on a large high-grade gold resource.' Aguia Resources executive chairman Warwick Grigor Aguia says confirmation of both grade and continuity at depth and along strike is the first item on its wish list, which will underpin its resource modelling and development plans. The rig will then push deeper into discovery mode, shifting the focus to a broader exploration blitz across a 7-kilometre stretch of mapped surface veins. The hunt is on to uncover repetitions and extensions of Santa Barbara's main mineralised structures - and if the bit hits paydirt, Aguia could be staring down a geological jackpot. The program is being guided by an in-house 3D structural model that has already hinted at a northerly trending domino-style fault system, which likely offsets and repeats the high-grade veins. The model has proven its worth, with artisanal workings turning up exactly where the geologists predicted and opening up a promising new southwest extension of the system.
The Age
14-05-2025
- Business
- The Age
Aguia set for second cashflow stream by mid-year
Aguia Resources is shifting gears and gunning for a second major revenue stream - this time from its phosphate project in Brazil's booming southern agricultural heartland. Hot on the heels of its maiden gold pour at the Santa Barbara mine in Colombia just six weeks ago, the company is planning to become Brazil's newest phosphate producer, with its Três Estradas project expected to lock in first organic fertiliser sales in for the first quarter of the 2026 financial year. In an effort to fast-track its phosphate production, Aguia has inked a deal to lease a fully operational 100,000 tonne per annum (tpa) fertiliser plant owned by local fertiliser group Dagoberto Barcelos 110 kilometres from the mine site. Under the terms of the 10-year agreement - including a built-in 10-year option extension - Aquia is shelling out R$5 million (A$1.38M) in upfront payments, split into six monthly instalments to smooth the company's cashflows ahead of commissioning in July. 'The association with Dagoberto Barcelos will be instrumental to a smooth path to production, enabling significant cost and time savings on earlier estimates.' Aguia Resources executive chairman Warwick Grigor Aguia has also agreed to pay a monthly rent of AU$43,000 from July which equates to just AU$5.13 per tonne at the current maximum capacity. The company's decision to lease the plant will see it sidestep a potential $26 million price tag for a 300,000tpa standalone facility - a figure highlighted in a 2023 bankable feasibility study. That study painted a compelling picture, forecasting annual EBITDA of $22 million over an 18-year mine life and a rapid payback period of just 2.9 years. To keep operating costs low, Aguia has also cut a deal with local contractor, Contrasapper, to outsource mining and haulage under a per-tonne delivery agreement. Contrasapper's services will also include everything from early works and vegetation clearance to haulage and road maintenance.
