Latest Gold And Iron Ore News

Babylon Pump & Power reported a $7.16 million loss for H1 FY26, weighed down by acquisition-related expenses and an impairment charge, while its rental segment soared post-acquisitions.

Reedy Lagoon Corporation is advancing preparations for drilling at its Burracoppin Gold and Iron projects in Western Australia, while actively seeking joint venture partners to fund next phases.

QX Resources has confirmed high-grade uranium mineralisation at its Madaba project in Tanzania and commissioned a detailed airborne radiometric survey to refine drill targets. Meanwhile, gold and iron ore projects in Australia await further exploration.

BHP has reported a robust operational half-year, setting new production records and raising its copper output forecast for FY26 amid strong commodity prices.

Alchemy Resources is set to begin reverse circulation drilling at its Roe Hills lithium project in Western Australia, following promising aircore results. The drilling forms part of a joint venture with JOGMEC, aiming to unlock significant lithium potential along a major structural trend.

Tempest Minerals has agreed to sell its Yalgoo Project to Capricorn Metals for $4.5 million in cash and shares, with additional payments tied to future discoveries and production milestones. The deal, expected to complete in early 2026, leaves Tempest retaining iron rights on key tenements while refocusing on other Western Australian assets.

Centaurus Metals has restarted diamond drilling at its newly enlarged Boi Novo Copper-Gold Project in Brazil’s prolific Carajás Mineral Province, aiming to build on promising high-grade copper-gold intersections and explore largely untested ground.

Lion Selection Group has committed $0.5 million to Peregrine Gold’s $3 million placement, gaining a foothold in promising Pilbara gold and iron ore projects with significant exploration upside.

Peregrine Gold Limited has raised $3 million through a share placement to accelerate exploration at its Newman and Mallina projects in Western Australia, bolstered by strong institutional support.

Macarthur Minerals Limited reported a successful capital raise and key strategic partnerships at its 2025 AGM, positioning itself for future growth in iron ore production.

MLG has delivered a robust FY2025 financial performance, marked by strong revenue growth, improved profitability, and a healthier balance sheet. The company’s strategic investments and contract wins underpin a confident outlook in the gold and iron ore sectors.

Macmahon Holdings has posted record FY25 results, buoyed by Decmil integration and strong mining contract wins, while raising its FY26 revenue and earnings guidance.