Global investment firm Orion Resource Partners has agreed to a merger between its private portfolio company Sweetwater Royalties and Uranium Royalty Corporation (URC) to bring together two royalty companies for a stronger growth and expansion platform that will be valued at about $2.4-billion. The transaction values Sweetwater Royalties, a land and minerals royalty company ba...

The National Energy Regulator of South Africa (Nersa) has confirmed that it received an application from Eskom on April 10 in relation to a 62c/kWh tariff offer for the ferrochrome sector and has indicated that the Energy Regulator is aiming to reach a decision by the end of June. Nersa’s electricity subcommittee is scheduled to approve, on ...

Coal continues to assert its importance within Australia’s mining industry, with a series of recent developments underscoring its resilience amid shifting market, policy and investment dynamics.   One of the clearest signals of coal’s ongoing role is the scale of investment flowing into the sector. Yancoal’s proposed acquisition of the Kestr...

MMD Group Limited (“MMD”), a global manufacturer of material sizing and handling systems, has signed an agreement with global mining company Anglo American to transfer the intellectual property rights for TraxIQ to MMD.  TraxIQ is a system-level material handling solution, originally developed by the mining company. As owner of the TraxIQ IP, MMD will be […]

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What started as a simple question of refreshing a fleet of trucks turned into a next-generation rollout of Caterpillar 793 trucks by Hastings Deering at the South Walker Creek mine. A multi-million-tonne coal operation requires the best-of-the-best machinery to ensure operators are firing on all cylinders. Stanmore Resources’ South Walker Creek mine in Queensland’s Bowen […]<...