Hancock brings $840m McPhee Creek mine online

By Chloe Coutinho

Monday, 29 June 2026

NewsProjects & Operations

Hancock Iron Ore has marked first ore from its McPhee Creek mine, 19 months after first soil was turned, following multiple environmental and regulatory delays.

The MOU supports Metallium’s plan to develop a national network of e-waste processing facilities, strategically located near major e-waste collection hubs, rapidly expanding U.S. data centre industrial parks and regional industrial corridors with strong logistics and waste generation.

CuFe says it will focus on progressing its suite of prospective assets including the advanced Tennant Creek copper and gold project and the Yarram iron ore project in the Northern Territory as well as a raft of prospective exploration projects.

CuFe to sell iron ore mine to Newcam Minerals

CuFe to sell iron ore mine to Newcam Minerals CuFe (ASX: CUF) will sell the iron ore rights to its WA JWD iron ore mine to Newcam Minerals for $12m cash, citing challenging conditions in the iron ore market. The JWD mine will suspend operations while the ownership transition occurs to preserve the value of ore in the ground. Iron ore prices have been declining all year from a peak of $141.45 per tonne at the...

Liebherr-Australia has successfully repowered two R 9800 excavators for Yancoal at its Mount Thorley Warkworth (MTW) coal mining operation in the Hunter Valley region of NSW.

Liebherr-Australia repowers Yancoal excavators

Liebherr-Australia repowers Yancoal excavators Liebherr-Australia has successfully repowered two R 9800 excavators for Yancoal at its Mount Thorley Warkworth (MTW) coal mining operation in the Hunter Valley region of NSW. The repower involved replacing the excavators’ existing engines with Liebherr’s D9812 12-cylinder engines, which are designed specifically for the mining industry. This was the first repower of Liebherr R 9800s in the world and highlights Liebherr’s engineering expertise and commitment to supporting customers with innovative solutions that drive performance and efficiency. The process...

Record Underlying EBITDA increased 57% year-on-year, driven by consistent and on-plan production delivery and higher gold and copper prices.

NewsProjects & Operations

Gold price spike lifts Evolution to record half year

Evolution Mining (ASX: EVN) has delivered strong H1 FY26 results, with net profit after tax more than doubling to $766.6m from the year before as the gold price surged through Q2.

(Image source: MinRes) As MinRes’ Onslow Iron project continues its production ramp-up, two critical support vessels are playing a key role within the project’s unique transhipping solution.

Transhipping solution steers Onslow Iron progress

Transhipping solution steers Onslow Iron progress When WA’s Onslow Iron achieved first ore on ship ahead of schedule in May 2024, less than a year after breaking ground at the Ken’s Bore mine site, the spotlight quickly turned to the project’s growing fleet of innovative 20,000-tonne transhippers. MinRes (ASX: MIN) is now establishing one of the largest and most sophisticated transhipping operations in Australia, with purpose-built transhippers ferrying iron ore from the Port of Ashburton to ocean going vessels (OGVs) anchored 40km offshore. But in their wake are two...