Latest Legacy Iron Ore (ASX:LCY) News

Battery tech, biotech and balance-sheet repair drove the biggest gains this week, while guidance cuts and weak post-halt trading hurt several names. Deal-making and fresh equity funding stayed busy, especially in rare earths, defence and gold.

Coal, gold and critical minerals names drove the biggest share moves this week, but strong project news did not always lead to lasting gains. Several stocks jumped on funding, deals and study results, while others gave back early gains as traders locked in profit or worried about dilution.

Legacy Iron Ore Limited has wrapped up Phase I mining at Mount Celia, pivoting to develop a heap leach processing facility while reporting a 77% surge in measured and indicated gold resources. The company also progresses its Mount Bevan iron ore joint venture amid ongoing exploration and feasibility studies.

Drilling wins, funding deals and takeover activity drove a busy week in materials stocks. Big moves came from early-stage explorers, while larger producers won support with cash flow, mine life and deal-making.

Legacy Iron Ore has boosted its Mt Celia gold resource by over half, now holding 390,150 ounces, underpinning its ongoing heap leach pre-feasibility study and signaling potential for further growth.

Legacy Iron Ore Limited has completed phase I mining at its Mount Celia gold operation and made significant progress on the Mount Bevan magnetite project, underpinning its growth strategy in Western Australia’s mineral sector.

Legacy Iron Ore has ceased mining operations at Mt Celia, marking the end of Phase I, while advancing heap leach studies and exploring a Carbon-in-Leach plant to drive future growth.

Legacy Iron Ore Limited reported solid progress in its September 2025 quarter, advancing gold production at South Laverton and pushing forward feasibility and environmental studies at the Mount Bevan magnetite project.

Legacy Iron Ore Limited reported a positive operating cash flow for Q3 2025, boosting its cash reserves to over A$10 million, supported by ongoing service agreements and the conclusion of a major infrastructure deal.

Legacy Iron Ore has completed a major drilling campaign at its Mt Celia project and is progressing metallurgical studies to define its processing strategy, setting the stage for updated resource estimates and development plans.

Legacy Iron Ore Limited reported solid progress in its June 2025 quarter, with ongoing gold production at South Laverton and key development milestones at the Mount Bevan magnetite project.

Legacy Iron Ore Limited reported a robust operating cash inflow of A$16.1 million for the June 2025 quarter, ending with a healthy cash balance of A$9.7 million despite ongoing exploration investments.