Mine News

Western Australian premier Roger Cook said on Wednesday he had been "assured" by federal Resources Minister Madeleine King that a new government policy of reserving 20% of gas output for domestic use would not harm his state's large LNG industry."Maddie King is a very good friend of mine, she's my local member of parliament (and) we’ve talked at length about this and she is determined to make sure that it doesn’t have an adverse impact in terms of Western Australia’s established practice…

The world's second-largest gold miner, Agnico Eagle, is counting on barge transport through the Northwest Passage to keep the cost of producing gold in its Hope Bay Mine under $1,000 per ounce, Agnico Eagle CEO Ammar Al-Joundi told Reuters, as it attempts to lead a mining revival in Canada's remote Arctic.Agnico Eagle announced on Tuesday that it will invest $2.4 billion to revive the Hope Bay mine in Nunavut, Canada's northernmost region, which had been shuttered since 2022, after the company acquired it from Toronto-based TMAC Resources.

Britain said on Tuesday it would contribute autonomous mine-hunting equipment, Typhoon fighter jets and the warship HMS Dragon to a multinational defensive mission aimed at securing shipping in the Strait of Hormuz.Defence minister John Healey announced the commitment during a virtual summit with more than 40 of his counterparts from other nations involved in the mission, which he said would become operational when conditions allowed."With our allies, this multinational mission will be defensive…

Vane Brothers has announced the retirement of Captain Rick Iuliucci, Vice President of Operations, effective July 1.An official Change of Command takes place on June 1. At that time, Brendan MacGillivray assumes the role of Vane Brothers’ Chief Operating Officer at the head of a team that includes Captain Brian Rau in the new position of Vice President, Operations–East, and John Shkor as Vice President, Regulatory Compliance and Health, Safety, Security, and the Environment (HSSE).Together…

A newly designed automatic launch and recovery system for small boats and unmanned surface drones (USVs), has been developed by Henriksen AS of Norway and will be presented for the first time at Seawork (Stand F34) in Southampton, June 9-11.The new system enables the automated launch and recovery of craft from the stern ramp of a mother vessel. The Henriksen slipway system now makes it possible for a police or military crew to board a RIB (Rigid Inflatable Boat) and be under way on the water in less than two minutes.

The U.S. military said on Monday it destroyed six Iranian small boats and intercepted Iranian cruise missiles and drones as Tehran sought to thwart a new U.S. naval effort to open shipping through the Strait of Hormuz.U.S. President Donald Trump launched the operation, called Project Freedom, on Monday as he sought to wrest control of the critical waterway from Iran, which effectively closed the Strait of Hormuz after the U.S. and Israel started the conflict on February 28.U.S.

BIMCO’s Jakob Larsen, Chief Safety & Security Officer, warns of a potential scam from parties claiming to be Iranian authorities and demanding toll:“BIMCO has received reports of an email scam, but we are still awaiting confirmation that this was in fact a scam. The fact that ships were attacked following apparent Iranian approval to transit underscores the complexity and volatility of the current security situation.”Iran is blockading the Strait of Hormuz against what they perceive as hostile ships.

Brent crude futures climbed more than $1 a barrel on Thursday following U.S. President Donald Trump's threat to attack ships laying mines in the Strait of Hormuz, casting doubt on the survival of a ceasefire in the war with Iran.Brent crude futures were up $1.26, or 1.24%, to $103.17 a barrel at 9:19 a.m. CDT (1419 GMT) after settling above $100 for the first time in more than two weeks on Wednesday. West Texas Intermediate futures were up 72 cents, or 0.77%, at $93.68.Iran flaunted its tightened grip over the Strait of Hormuz with video of its commandos storming a huge cargo ship…

A Taiwan-based NYK Group ship-management company, NiMiC Ship Management Co., Ltd. (NiMiC), has appointed Louise Lin (Lin Yi-chun) as captain of Taitar No. 4., a NiMiC-managed liquefied natural gas (LNG) carrier and she assumed her duties. This milestone marks the first time a woman has been named captain of an LNG carrier within the NYK Group.Lin began her maritime career at NiMiC as a deck cadet in 2011 and advanced to full-time service as a third officer on an LNG carrier managed by NiMiC in 2015.

European countries such as Belgium, the Netherlands and France have mine clearance capacity which could help secure passage through the Strait of Hormuz, French Defence Minister Catherine Vautrin told French TV station TF1 on Friday."There are capabilities to provide fully supported escort services – that is to say, in no way offensive, of course – for ships to ensure safe passage through the strait; that is what will be debated today in Paris," she added.France and Britain are set to chair on Friday a meeting of around 40 countries aimed at signalling to the United States that some of its clo

As the United States embarks on clearing mines from the Strait of Hormuz, it could draw on an arsenal of drones, explosive‑laden robots and helicopters to reduce risks, though de‑mining crews could still be vulnerable to Iranian attacks.The U.S. is trying to secure the strait from mines as part of efforts to end Iran's disruption of shipping, which has severely curbed global energy supplies since the U.S. and Israel launched strikes against Iran at the end of February.But while the U.S.

Ship traffic through the Strait of Hormuz stood at well below 10% of normal volumes on Thursday despite a U.S.-Iran ceasefire as Tehran asserted its control by warning ships to keep to its territorial waters while doing so.Hundreds of tankers and other ships have been stuck inside the Gulf since the Iran war began on Feb 28, cutting global oil supply by 20% in the world's biggest-ever supply disruption. Prices for some physical oil grades hit fresh all-time highs on Thursday as the crisis showed little signs of abating.Iran must open the strait without conditions…

Mesabi Metallics, backed by Essar Group, has secured $150 million of financing from Macquarie Group, supporting the Q3 2026 startup of its world-scale Direct Reduction (DR) grade iron ore mine and pellet plant in Nashwauk, Minnesota.The financing follows Mesabi's recently announced $520 million senior secured credit facility with Breakwall Capital, further reinforcing the strong momentum behind the project.Mesabi has also recently received support from the U.S. Export-Import Bank (EXIM), reflecting the project's growing strategic importance to U.S.

Oil prices rose more than 1% on Tuesday, as renewed Iranian attacks on the United Arab Emirates heightened concerns about the worsening outlook for global supply if there is no quick resolution to U.S.-Israeli war on Iran, now in its third week.Brent crude futures gained $1.33, or 1.3%, to $101.53 a barrel by 1515 GMT while U.S. West Texas Intermediate (WTI) crude advanced $1.21, or 1.3%, to $94.71.The U.S.-Israeli war on Iran shows no signs of abating. While oil futures have not repeated the brief surge to nearly $120 a barrel from earlier in the month…

The U.S. Navy has refused near-daily requests from the shipping industry for military escorts through the Strait of Hormuz since the start of the war on Iran, saying the risk of attacks is too high for now, according to sources familiar with the matter.The Navy's assessments spell continued disruption to Middle East oil exports and reflect a divergence from President Donald Trump’s statements that the U.S. is prepared to provide naval escorts whenever needed to restart regular…

The number of ships operating in the Arctic reached a record high in 2025, according to new data from the Arctic Council Working Group on the Protection of the Arctic Marine Environment (PAME). The Working Group has been tracking Arctic shipping traffic trends since 2013 utilizing its Arctic Ship Traffic Data (ASTD) System.In 2025, 1812 unique ships entered the Arctic Polar Code area. This is a 40% increase from 2013 when data collection began. (Each ship is only counted once…

Teledyne Gavia, a leader in modular autonomous underwater vehicles (AUVs), announced the successful delivery of the first four GAVIA AUV systems to the Swedish Defence Materiel Administration (FMV).The newly delivered GAVIA Autonomous Underwater Vehicle (AUV) system forms part of a multi-year framework agreement between Teledyne Marine and FMV, under which GAVIA AUVs will support fleet modernization initiatives for the Swedish Armed Forces by enhancing underwater surveillance…

In his 2026 goal setting message, IMO Secretary-General Arsenio Dominguez noted that all eyes will be on the finalization of the autonomous ships code.The MASS Code is a framework for the safe, secure, and environmentally friendly operation of remotely operated and autonomous ships.Maj. Joseph DeFlorio, U.S. Army 8th Theater Sustainment Command, National Security Law Team, highlighted in a December piece on the Indo Pacific Defense Forum that there is a lot to be gained from autonomous shipping.Autonomous systems can monitor hazards and respond with precision…

The December issue of Maritime Reporter magazine includes a feature story on Australian mining company Fortescue’s pioneering ammonia fuel trial on the platform supply vessel Green Pioneer.The Green Pioneer was named one of TIME’s Best Inventions of 2025.The conversion journey of its diesel-electric power system to dual-fuel ammonia started in 2022, on land, when Fortescue converted a four-stroke Cummins engine at is Perth testing facility in Western Australia.“The Fortescue Green Pioneer is proof that safe, technical solutions for ammonia power engines exist” said Dr.

HII executives toured Breaux Brothers Enterprises in Loreauville, Louisiana, and announced that construction of a prototype of ROMULUS, the company’s new unmanned surface vessel (USV) family, has reached 30% completion. The vessel remains on schedule for sea trials in the fourth quarter of 2026.During the visit, HII leaders toured the shipyard with build partners Breaux Brothers and Incat Crowther, and reviewed progress on hull construction, integration of the HII’s Odyssey Autonomous Control System (ACS)…

Navantia and Thales have signed a partnership agreement to support the modernization of the Royal Thai Navy (RTN), including the supply of three Identification Friend or Foe (IFF) systems for two Pattani-class offshore patrol vessels and the HTMS Chang landing platform dock.The upgrade work will be carried out by Navantia and marks the first cooperation between the Spanish shipbuilder and Thales in Thailand. The IFF equipment will integrate with existing surveillance radars and…

Schottel is supplying propulsion systems and a unique control concept for barges and tugs serving at Mineral Resources’ (MinRes) Onslow Iron project.All seven barges and two of the project's seven tugs are newbuilds being constructed by COSCO Shipping Heavy Industry in Zhoushan and Guangdong, China. Five barges have already commenced operations at the Port of Ashburton (Western Australia), with the final units scheduled for delivery in 2026. The two tugs are also scheduled to be delivered in 2026.Jeff Weber…

A Canadian anti-whaling activist who has dodged arrest in Japan for more than a decade vowed at COP30 in Brazil to continue fighting for marine protection – taking aim in particular at deep-sea mining and Norway’s krill industry.Paul Watson urged delegates this week at the U.N. climate summit in the Amazon city of Belem to look beyond the world’s forests and remember that oceans also help to limit climate change, with phytoplankton producing much of the oxygen that we breathe.These photosynthetic organisms along with many ocean creatures are under threat…