Latest Fortescue News

Orpheus Uranium has advanced its exploration agenda by finalizing multiple Native Title Mining Agreements across South Australia and the Northern Territory, while strategically acquiring the Oobagooma Project in Western Australia to diversify its uranium asset base.

Strategic Energy Resources has advanced its copper-gold exploration in Queensland through government-backed drilling, a $3 million joint venture program, and a key acquisition from Anglo American, supported by a $2 million capital raise.

Cullen Resources has secured key tenements and begun drilling at its Yardilla Gold Project while completing a A$1.5 million sale of its Wyloo Iron Ore Royalty, bolstering its exploration funding.

Aruma Resources has reported promising high-grade copper intersections from its maiden drilling at Fiery Creek, alongside new heavy mineral sands and gold-copper targets, supported by a $3.515 million placement to fund ongoing exploration.

Strategic Energy Resources has kicked off a fully funded 2,000-metre diamond drilling program at its Canobie Project in Queensland, targeting major copper-gold mineralisation under a joint venture with Fortescue.

Fortescue Metals Group kicked off FY26 with record iron ore shipments and strengthened its decarbonisation strategy through new partnerships and a $2 billion Renminbi loan.

Solis Minerals has entered a binding agreement to acquire up to 75% of the Cucho Copper Project in Peru, a large-scale porphyry system with promising historical drilling results and significant untested exploration targets. The company plans a 5,000-metre drilling program in 2026 aiming for a maiden resource estimate and economic assessment.

GenusPlus Group has secured three major contracts worth around $60 million from Fortescue Metals Group to build critical power infrastructure supporting Fortescue’s ambitious decarbonisation goals in Western Australia.

Magnum Mining & Exploration has secured permits and land access to launch a targeted drilling campaign on its Brazilian rare earth projects, aiming to validate high-grade mineralisation and advance its exploration footprint.

Fortescue Ltd has initiated a US$600 million tender offer to repurchase select senior notes, aiming to streamline its debt profile and support sustainability financing efforts.

Strategic Energy Resources has kicked off a 1,500-metre diamond drilling campaign at its Isa North Copper-Gold Project in Queensland, targeting two promising IOCG anomalies identified through advanced geophysical surveys.

Locksley Resources appoints Kerrie Matthews as CEO and Danny George as COO to fast-track the Desert Antimony Mine and establish a U.S.-based antimony supply chain. Their leadership aims to overcome critical supply chain gaps amid rising demand.