Latest Iron Ore Operations News

Burley Minerals confirms a Heritage Survey and imminent drilling at Cane Bore’s North and Step-Out Targets, aiming to define a large Channel Iron Deposit with surface grades up to 56% Fe and strategic proximity to Pilbara infrastructure.

BHP has reported robust copper and iron ore production for the nine months to March 2026, with key projects progressing and a leadership change set for July. Operational resilience and disciplined capital moves underpin its outlook.

Macarthur Minerals Limited (ASX:MIO) has obtained Program of Work approval from the Western Australian Department of Mines, enabling bulk sampling and infrastructure development at its Lake Giles Iron Project. This milestone supports the company’s strategic progression toward potential production.

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.

Pearl Gull Iron Limited’s shares have been suspended from ASX trading following the sale of its main asset, the Cockatoo Island Project, as the company works to meet compliance requirements.

Fortescue Ltd has reported a record first half FY26 with iron ore shipments surpassing 100 million tonnes and a robust net profit after tax of US$1.9 billion, while advancing its ambitious decarbonisation and growth initiatives.

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.

Champion Iron Limited has raised US$100 million through a private placement with La Caisse to help fund its proposed acquisition of Rana Gruber ASA. The deal signals a strategic push to expand Champion’s iron ore footprint in Quebec.

Gullewa Limited has increased its ownership in Central Iron Ore Limited to a controlling 70.5% by subscribing to a recent rights issue, acquiring over 23 million new shares.

Fenix Resources has reported record iron ore shipments and updated its FY26 guidance, unveiling ambitious plans to expand production to 10 million tonnes per annum by 2031 while extending mine life to 2042.

RocketDNA’s December quarter saw a robust 32% revenue jump, underpinned by new contracts with mining giants BHP and Anglo American, signalling strong momentum for 2026.

Rio Tinto delivered a standout 2025 with an 8% rise in copper equivalent production, record iron ore output in the Pilbara, and key milestones like the first shipment from Simandou port. The company met or exceeded its guidance while advancing major projects across its portfolio.