Hillgrove Resources and Heavy Minerals have signed a tailings processing agreement to extract and sell garnet from the Kanmantoo process tailings and tailings storage facility (TSF) in South Australia. The agreement is designed to generate income for Hillgrove and extend the operational life of the Kanmantoo TSF. Under the terms of the agreement, Hillgrove will receive gross revenue payments (GRPs) of 15% from the in-specification garnet sale during operations at the mine, which will reduce to 5% after ...