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Argonaut sells additional royalty on Magino

Argonaut sells additional royalty on Magino

Argonaut Gold has announced the sale of an additional 1% net smelter return royalty (NSR) on the Magino mine to bolster its balance sheet following a slower-than-planned ramp up to commercial production. The mine, in Ontario, achieved commercial production on November...
Sandvik and SSAB team for steel

Sandvik and SSAB team for steel

Sandvik Mining and Rock Solutions and global steel company SSAB have signed a letter of intent to secure fossil-free steel. The steel secured through this deal will initially be used in the production of Sandvik’s loaders and trucks. “Sustainability is at the core of...
MRF progresses with abandoned mines

MRF progresses with abandoned mines

The Mining Rehabilitation Fund (MRF) has continued to progress with the rehabilitation and monitoring of abandoned mines, with levies totalling $42.8 million reported for 2022–23. The most significant progression in the abandoned mines program was at the Donnybrook...
Chalmers: critical minerals the future

Chalmers: critical minerals the future

Treasurer Jim Chalmers gave the keynote address to the Economic and Social Outlook Conference in Melbourne with an emphasis on critical minerals. The address follows the Prime Minister’s announcement last week of a $4 billion investment into a specialised...
Sibanye assumes full ownership of Kroondal

Sibanye assumes full ownership of Kroondal

The transaction entered into between miner Anglo American Platinum (Amplats) subsidiary Rustenburg Platinum Mines (RPM) and dual-listed Sibanye-Stillwater’s subsidiary Sibanye Rustenburg Platinum Mines, as announced on January 31, 2022, has been brought forward,...
First T 264 haul truck arrives at Fortescue mine

First T 264 haul truck arrives at Fortescue mine

Liebherr Mining has delivered the first T 264 haul truck to Fortescue’s Eliwana iron ore mine in the Pilbara region of WA. The T 264 haul truck was delivered as part of Liebherr’s deal with Fortescue, which involves 120 zero emission T 264 trucks being deployed to...