Latest Iron Ore Mining News

Genmin Limited has signed a non-binding term sheet for a US$3 million convertible notes offer with a prominent US family office, aiming to accelerate development of its Baniaka iron ore project in Gabon.

MLG Oz Limited has secured its first contract with mining giant Rio Tinto, marking a significant expansion into the Pilbara region with a $20 million haulage and site services deal.

Hawsons Iron Ltd confirms the technical viability of a fully dry processing circuit for its Hawsons Iron Project, promising cost and environmental benefits. An updated prefeasibility study and maiden ore reserves are expected soon.

Genmin Limited secures a A$2 million unsecured loan from its non-executive Chair to support working capital as it advances the Baniaka iron ore project in Gabon.

NEXION Group Ltd reported a 5.45% revenue increase to $1.16 million for Q1 2025, driven by new satellite communication projects in Western Australia's iron ore sector and a strategic reduction in operating costs.

RocketDNA has become the first drone operator to earn simultaneous BARS Gold Certification in Australia and Africa, while progressing a key pilot project with Rio Tinto despite a 19% revenue decline in Q1 2025.

Genmin Limited marks a pivotal quarter with the appointment of CEO Andrew Taplin, signing of a key mining convention with Gabon, and a binding MoU with Sinohydro to advance its flagship Baniaka iron ore project.

Aurumin Limited has initiated a 2,000m drilling campaign at its Central Sandstone Project targeting high-grade iron ore, advancing a potential $7 million joint venture with Newcam Mineral Pty Ltd. This move aims to unlock significant value from a promising iron ore district with grades up to 67% Fe.

AKORA Resources has raised $1.293 million through a strategic share placement involving its first institutional investor and full board participation, aiming to advance logistics and investor discussions for its Bekisopa iron ore project.

Fenix Resources delivered a transformational December quarter, setting the stage to triple its iron ore production in 2025, backed by record shipments and a 177% increase in mineral resources at Iron Ridge.