Latest Iron Ore Project Development News

Killi Resources appoints seasoned geologist Hamish Halliday as Managing Director, signalling a strategic push to advance the Lodestone Iron Ore Project. Brett Smith steps up as General Manager – Technical, while former CEO Kathryn Cutler departs by mutual agreement.

AKORA Resources has secured A$1.6 million through a placement and is closing a A$1.7 million entitlement offer to fund advancing its high-grade Bekisopa iron ore project in Madagascar, with strong strategic partner interest and refreshed corporate governance.

Magnetite Mines Limited has been granted a new exploration licence adjacent to its Ironback Hill rare earth element project, expanding its strategic footprint in South Australia’s Braemar Iron Region. The licence offers promising optionality for future rare earth exploration while the company maintains focus on its core iron ore development.

Energy Transition Minerals has completed a $10 million strategic placement with OCJ Investment and appointed mining veteran Amy Jiang as a Non-Executive Director, signaling a strengthened governance and growth trajectory.

QX Resources has secured a farm-out deal transferring a 75% interest in its Western Shaw iron ore rights, with partners committing $1 million to exploration, while retaining a royalty stream.

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.