Latest news with #WarwickGrigorAguia
The Age
17-06-2025
- Business
- The Age
Aguia locks in $4M loan to kick-start Brazilian phosphate production
Aguia Resources has locked in a $4 million loan from the government-owned Southern Development Bank in Brazil to refurbish the company's recently leased processing plant and kick-start mining operations at its Tres Estradas phosphate project. The 20-year loan covers the initial $118,000 capital expenditure required to kick off mining activities and fund an estimated $1.97M needed to bring the plant up to speed to process an expected 100,000 tonnes of phosphate annually. The company is eyeing processing operations beginning in January next year on its organic phosphate product, dubbed Pampafos. Recent field trials showed Pampafos rivals the performance of top-shelf imported fertilisers at a fraction of their price. Aguia recently leased its plant in Caçapava do Sul from century-old agricultural limestone firm Dagoberto Barcellos SAS. The decision to lease a suitable facility may turn out to be a masterstroke, as it avoids the need for a capital raise for a new plant and its considerable associated shareholder dilution. 'The offer of finance from a government- owned bank speaks volumes for the quality of the Tres Estradas project.' Aguia Resources executive chairman Warwick Grigor Aguia secured a 10-year lease on the fully operational Dagoberto Barcelos processing plant for what appears to be a modest $43,000 monthly fee and a one-off payment of $1.36M. After a $1.97M refurb and small capital expenditure outlay at the mine site, local mine services firm Contrasaper will then be positioned to supercharge mining activities at the project. Contrasaper's imprimatur is to undertake contract mining at the project and transport the phosphate to feed the processing facility at Caçapava do Sul, one of the oldest municipalities in the state of Rio Grande Do Sul. Aguia Resources executive chairman Warwick Grigor said: 'The offer of finance from a government- owned bank speaks volumes for the quality of the Tres Estradas project, confirming strong governmental and social support for the development. The proposed capital for the first stage of 100,000tpa of phosphate product is able to be fully funded with the availability of the bank finance. The facility will also be useful in partly financing the subsequent expansion to 300,000tpa, in due course.'
Sydney Morning Herald
17-06-2025
- Business
- Sydney Morning Herald
Aguia locks in $4M loan to kick-start Brazilian phosphate production
Aguia Resources has locked in a $4 million loan from the government-owned Southern Development Bank in Brazil to refurbish the company's recently leased processing plant and kick-start mining operations at its Tres Estradas phosphate project. The 20-year loan covers the initial $118,000 capital expenditure required to kick off mining activities and fund an estimated $1.97M needed to bring the plant up to speed to process an expected 100,000 tonnes of phosphate annually. The company is eyeing processing operations beginning in January next year on its organic phosphate product, dubbed Pampafos. Recent field trials showed Pampafos rivals the performance of top-shelf imported fertilisers at a fraction of their price. Aguia recently leased its plant in Caçapava do Sul from century-old agricultural limestone firm Dagoberto Barcellos SAS. The decision to lease a suitable facility may turn out to be a masterstroke, as it avoids the need for a capital raise for a new plant and its considerable associated shareholder dilution. 'The offer of finance from a government- owned bank speaks volumes for the quality of the Tres Estradas project.' Aguia Resources executive chairman Warwick Grigor Aguia secured a 10-year lease on the fully operational Dagoberto Barcelos processing plant for what appears to be a modest $43,000 monthly fee and a one-off payment of $1.36M. After a $1.97M refurb and small capital expenditure outlay at the mine site, local mine services firm Contrasaper will then be positioned to supercharge mining activities at the project. Contrasaper's imprimatur is to undertake contract mining at the project and transport the phosphate to feed the processing facility at Caçapava do Sul, one of the oldest municipalities in the state of Rio Grande Do Sul. Aguia Resources executive chairman Warwick Grigor said: 'The offer of finance from a government- owned bank speaks volumes for the quality of the Tres Estradas project, confirming strong governmental and social support for the development. The proposed capital for the first stage of 100,000tpa of phosphate product is able to be fully funded with the availability of the bank finance. The facility will also be useful in partly financing the subsequent expansion to 300,000tpa, in due course.'
The Age
05-06-2025
- 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
05-06-2025
- 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.
