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Canadian Sovereignty
Jun 13, 2026, 12:39 AM/20w agoNew

Getting Arctic Infrastructure Right

Iqaluit, Inuvik and Yellowknife are being designated as Arctic military hubs to deliver communications, transport infrastructure and secure storage, bolstering Canada’s military presence in the region.

ArcticToday + Alaskabeacon

New icebreakers are coming to Alaska; cities must urgently upgrade housing, childcare and ports

U.S. Coast Guard’s new icebreakers are set to arrive in Alaska, prompting state officials to call for urgent upgrades to housing, childcare and port infrastructure. The vessels, part of last year’s commission, will increase shipping traffic amid growing Arctic ice.

2 articles
Updated
Alaska Beacon
Jun 12, 2026, 8:27 PM/20w agoNew

Alaska House advances gas pipeline tax break to state Senate for further work

Alaska House advances a multibillion‑dollar tax break for the proposed trans‑Alaska natural gas pipeline, sending the bill to the Senate for further consideration during a special session that ends June 19. The measure would replace the state’s 2% petroleum property tax with a gas shipment tax, potentially shifting about $800 million in revenue from local governments to the state while generating $600‑$700 million in new state revenue.

Arctic Today + Alaska Beacon

Coast Guard to base new icebreakers in Kodiak and Seward, prompting $300M infrastructure and new housing

The U.S. Coast Guard will homeport two Arctic Security Cutters in Kodiak in 2028 and a third in Seward in the early 2030s, part of an 11‑ship flotilla funded by a $25 billion package. The move will trigger construction of 20 three‑bedroom and 10 four‑bedroom homes, a child development center and new piers, and is expected to bring about 1,000 Coast Guard personnel and families, boosting local shipbuilding and economic activity. The capital city of Juneau remains a pending homeport due to a $300 million infrastructure gap.

2 articles
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Anchorage Daily News
Jun 12, 2026, 6:09 PM/20w agoNew

House passes major tax break for Alaska LNG project

Alaska’s House approved a bill that slashes property taxes for state and local communities by about 85% to support the Alaska LNG megaproject, while preserving production taxes, royalties, and a new volumetric tax on gas volumes. The measure, which still needs Senate approval, could unlock billions in revenue and bring the project closer to construction.

Mining.com
Jun 12, 2026, 5:44 PM/20w agoNew

Mining’s next boom is off the map: Arctic ice, abyssal plains and asteroids

Greenland’s recent approval of the Tanbreez rare‑earth project and the US’s new deep‑sea mining permitting framework highlight how Arctic and oceanic mineral frontiers are now caught in a policy and environmental cross‑fire, with legal disputes over Greenland’s Kvanefjeld and Norway’s paused seabed plans underscoring the growing complexity for investors.

Mining.com + The Northern Miner

Baffinland Gets $110 Million Loan and August Extension to Keep Arctic Mine Running

Ontario’s Superior Court granted Baffinland Iron Mines a $110 million loan covering operations through June 30 and extended its creditor‑protection stay to Aug 28. The extension lets the company keep its Mary River iron‑ore mine running while it seeks interim financing, including a possible $400 million debtor‑in‑possession loan. A June 30 hearing will decide that and a supplier‑charge approval of up to $100 million has also been secured.

2 articles
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Rigzone
Jun 12, 2026, 11:23 AM/20w agoNew

APA Expands Alaska Footprint with Savant Acquisition

APA Corp’s purchase of Savant Alaska LLC adds 17,000 net acres, Badami facilities with 40,000‑bpd capacity, and the Nutaaq Pipeline to its Alaska North Slope portfolio, enabling a planned two‑well drilling program for 2026‑2027 and strengthening regional oil infrastructure.

Updated