Latest Iron Ore Projects News

Akora Resources has successfully raised $3.3 million through a placement and entitlement offer, advancing its high-grade Bekisopa iron ore project in Madagascar following a key mining permit grant.

Cazaly Resources has confirmed high-grade gold mineralisation at depth in Western Australia's Goongarrie Gold Project and secured ground access for a detailed magnetic survey in Namibia’s Abenab North project, maintaining a solid cash position of approximately $4.5 million.

Trek Metals has completed its maiden manganese drilling at the Kuro discovery in WA, with visual manganese logged in 63 of 72 holes. The drilling confirms Induced Polarisation as an effective tool for uncovering concealed manganese mineralisation, with assay results expected by early August.

Genmin has locked in A$3 million in unsecured director loans to fund working capital for its Baniaka iron ore project, avoiding immediate shareholder dilution while advancing project financing.

GR Engineering Services has landed a $229.5 million EPC contract with BHP Iron Ore for a major brownfield upgrade of the Yandi Eastern primary crushing circuit in Western Australia's Pilbara region.

Fenix Resources has secured crucial regulatory and environmental approvals for its Beebyn-W10 iron ore mine, adjacent to Beebyn-W11, forming the Beebyn Hub. This milestone underpins the company’s 3-Year Production Plan aiming for up to 6 million tonnes per annum by FY28.

Admiralty Resources has pushed its Mariposa Iron Ore Project into pre-production, completed initial shipments, and raised $7 million in a rights issue, while reporting a $4 million loss for FY25 amid ongoing operational and financial challenges.

Macro Metals has secured 100% of the Yandi South Iron Ore Project, adding a historical 4.28Mt resource and promising exploration upside near major Pilbara mines. The deal complements its existing Extension Iron Project stake and mining services contracts.

Killi Resources is launching a major exploration push at its Lodestone Iron Ore Project, targeting rapid growth of its 110Mt inferred resource through an extensive drilling and geophysical campaign.

The ASX has published its latest list of entities suspended from trading for over three months, detailing looming deadlines for overdue financial reports and plans to resume trading. Non-compliance risks removal from the official list.

CZR Resources has reported promising assay results from its 2026 drilling and sampling campaigns across its Pilbara projects, highlighting significant copper-gold mineralisation at Croydon and strong iron ore potential at Yarraloola.

Akora Resources has placed the remaining $1.54 million shortfall from its entitlement offer and raised an additional $164,000 in a placement, bolstering funds to advance its Bekisopa iron ore project in Madagascar.