News
Agnico Eagle CEO Bets on Arctic Barge Shipping for Hope Bay Gold Mine
4+ hour, 52+ min ago (636+ words) 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…...
Rio Tinto Ships Eight Billionth Tonne of Iron Ore from the Pilbara
4+ hour, 21+ min ago (276+ words) Rio Tinto has celebrated the shipment of 8 billion tonnes1 of iron ore to global markets from the Pilbara region, 60 years after the company's first shipment set sail from Western Australia for Japan. The milestone shipment departed from Cape Lambert port aboard…...
TMC, Allseas Ink Deal for First Commercial Deep-Sea Nodule Recovery System
1+ week, 1+ day ago (275+ words) The Metals Company (TMC) has signed a commercial agreement with offshore contractor Allseas for the development and operation of what the companies said would be the first commercial deep-sea nodule recovery system. The agreement covers the development, commissioning and operation…...
TMC Seabed Mining Application Meets US Federal Requirements
2+ week, 5+ day ago (274+ words) The Metals Co said on Friday U. S. regulators have found its consolidated application for'deep'seabed mineral exploration and commercial recovery to be fully compliant with federal requirements, marking a key step toward potential approval. The National Oceanic and Atmospheric Administration determined that…...
Mesabi Metallics Secures Funding for New Steel Plant
1+ mon, 1+ week ago (299+ words) 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…...
BOEM Proposes Regulation Revision to Support Mineral Exploration
2+ mon, 3+ week ago (273+ words) The Bureau of Ocean Energy Management announced proposed revisions to its regulations governing hard mineral resources on the U. S. Outer Continental Shelf aiming to advance exploration and development of critical minerals essential to national security, economic competitiveness and technological progress. These…...
Canada Strengthens Critical Minerals and Energy Ties with Saudi Arabia
4+ mon, 6+ day ago (366+ words) The Government of Canada has concluded a successful two-day mission to Riyadh, Saudi Arabia, where Claude Guay, Parliamentary Secretary to the Minister of Energy and Natural Resources, represented Canada at the Future Minerals Forum. The visit reinforced Canada's commitment to…...
BHP's Iron Ore Production Misses Estimates Due to Maintenance Works
7+ mon, 1+ day ago (263+ words) Posted to Maritime Reporter on October 20, 2025 BHP Group's iron ore production in the first quarter of this year was a little below estimates, according to a report released on Tuesday. This is because planned maintenance at Port Hedland - including the…...
Keeping a Lid on Vessel Noise Levels
4+ mon, 1+ week ago (240+ words) Owning and operating a quiet boat offers many benefits, from crew comfort and retention to efficient, safe operations. While the benefits are clear, it's generally not the first line of design and concern for most vessel owners. Recently in New…...
Japan Tests Deep Seabed Mining of Rare-Earth Mud
4+ mon, 2+ week ago (400+ words) Japan will conduct test mining of rare-earth-rich mud from the deep seabed off Minamitori Island, some 1, 900 kilometres (1, 180 miles) southeast of Tokyo, from January 11 to February 14, the head of the government-backed project said. The operation will mark the world's first attempt…...