Latest Iron Ore Mining News

Monadelphous Group Limited has announced new and extended contracts worth approximately $145 million across key resource sector sites in Australia and Papua New Guinea, reinforcing its longstanding industry presence.

Grange Resources has released its 2025 Annual Mineral Resource and Ore Reserve Statement for its Savage River operation, reporting only minor declines due to mining depletion and ongoing refinement of underground plans.

Magnetite Mines Limited’s MGTOG securities have been suspended from ASX quotation due to non-compliance with listing rules, raising questions about the company’s regulatory standing.

Pearl Gull Iron Limited has been suspended from ASX trading after failing to meet operational requirements, raising questions about its future on the exchange.

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.

RocketDNA Ltd reported a 6% increase in revenue to AUD 76.83 million for the year ended 31 December 2025, expanding its autonomous drone footprint across Australia and Africa while securing major mining contracts.

Rio Tinto reported solid 2025 results with an 8% increase in copper equivalent production and disciplined cost management, driving a 9% rise in underlying EBITDA to $25.4 billion. The company marked major project completions and maintained a strong dividend payout.

Deterra Royalties reported a robust December quarter with record iron ore royalty revenue from Mining Area C and significant progress on the Thacker Pass lithium project, backed by a US$435 million DOE loan draw.

MGX Resources Limited reported resilient December quarter results despite a major rockfall at Koolan Island, generating $15 million in free cashflow and advancing its acquisition of a 50% stake in the high-grade Central Tanami Gold Project.

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

Genmin Limited has completed a A$25.7 million capital raise, wiping out its debt and positioning itself to accelerate development of its flagship Baniaka iron ore project in Gabon.

Verbrec Limited has announced over $20 million in new contracts spanning biogas engineering, cyber security, pipeline maintenance, mining technology, and water security, reinforcing its leadership in energy transition and sustainable mining sectors.