Hormuz crisis flares as US moves to defensive position

By Samantha Bawden

Wednesday, 6 May 2026

InternationalNews

The US Government has said it is shifting from offensive operations against Iran to defensive actions in the Strait of Hormuz as multiple foreign vessels and oil terminals reportedly come under fire.

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.

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Exploration & DiscoveryInternationalNews

Summit Minerals acquires historic high-grade mine

Summit Minerals (ASX: SUM) has signed an agreement to acquire 100% of the historic high-grade polymetallic Keystone mine in Nevada, US.This forms part of the Keystone project, located within the large-scale skarn district and hosting significant historic and current production of silver, gold, lead, zinc, molybdenum and tungsten.

Gruyere hits commercial production

CommoditiesDevelopmentsInternationalNews

Gruyere hits commercial production

AUSTRALIA’S biggest new gold mine, Gruyere, has hit commercial production ahead of schedule, with annual guidance for gold production predicted to be at the upper end on 75,000-100,000oz. The JV between WA company Gold Roads (ASX: GOR) and South African giant Gold Fields has been ramping up to be slightly ahead of the deadline since the ball mill was commissioned in early August. The $621m Gruyere mine, 200km north-east of Laverton, was Australia’s last major gold discovery since 2013, and took the JV just six years to reach commercial production. Commercial production was defined by the predetermined rate of 70pc throughput of nameplate capacity at a minimum average gold recovery rate of 85pc of expected mine metallurgical recovery. The company...

China’s renewable energy outpaces coal

InternationalNews

China’s renewable energy outpaces coal

For the first time since 2015, coal-fired power generation across China did not increase to help meet the country’s increasing power demand, according to Wood Mackenzie.

XCD Energy Confirms 1.6BN Barrel Prospective Resource on Alaska’s North Slope

InternationalNewsSponsored Post

XCD Energy Confirms 1.6BN Barrel Prospective Resource on Alaska’s North Slope

XCD Energy Confirms 1.6BN Barrel Prospective Resource on Alaska's North Slope Meagan Evans HOME to multiple multi-billion barrel oil discoveries, including the 25 billon barrel Prudhoe Bay, US$250 million is being ploughed into the North Slope of Alaska for exploration drilling this year, led by ConocoPhillips (NYSE:COP) who is drilling eight wells. ASX oil junior, XCD Energy (ASX:XCD) — a new arrival on the North Slope, has a 100% working interest in one of the world’s newest, highly prospective onshore oil plays. Located on the highly prospective Nanushuk trend on the North Slope, XCD’s 100%-owned Peregrine Project is directly adjacent to ConocoPhillips’ large acreage position at its Willow discovery — a US$5 billion 450–800 MMBOE project with potential for 100,000...

BHP greenlights $1.4b Port Hedland investment

BHP greenlights $1.4b Port Hedland investment

BHP greenlights $1.4b Port Hedland investment BHP (ASX: BHP) is advancing its port debottlenecking project 2 (PDP2) as part of major strategic investment in Port Hedland’s infrastructure to support surrounding operations. The investment will enhance operational resilience and efficiency with the installation of a sixth car dumper (CD6) as well as additional conveyors and supporting infrastructure to support WA Iron Ore’s (WAIO) production target of 305mtpa. Port Hedland is one of the largest iron ore loading ports in the world and the largest in Australia, making it critical to mining operations not just in WA but globally. The ports are linked to...

MinRes bins succession plans, Ellison retains power

NewsPeople & Workforce

MinRes bins succession plans, Ellison retains power

Amid ongoing scrutiny, Chris Ellison will not be relinquishing his hold on Mineral Resources (ASX: MIN) despite promises to do so by mid-2026.

Traditional Owners blame Rio as sacred waterhole runs dry

NewsProjects & Operations

Traditional Owners blame Rio as sacred waterhole runs dry

Rio Tinto’s (ASX: RIO) water use came under scrutiny at its annual general meeting this week, with Traditional Owners alleging years of unsustainable groundwater pumping by the miner contributed to a sacred waterhole running dry.

MinRes unveils Mungala Resort

MinRes unveils Mungala Resort

MinRes unveils Mungala Resort Mineral Resources (ASX: MIN) has officially opened its industry-leading accommodation at its Onslow Iron project in the West Pilbara region of WA. The resort style accommodation is now fully operational, leading MinRes’ efforts to set the standard for FIFO facilities in the WA resource sector. Located opposite Ken Bore’s airport, the facility features 500 rooms each measuring 45m2 — three times the size of traditional FIFO accommodation. MinRes people director Andrea Chapman says Onslow Iron’s accommodation and amenities are unique in the resource industry. "We know working FIFO often involves long hours in tough conditions, so Onslow Iron was MinRes' opportunity to take the care of our people...