Latest Iron Ore Sector News

AKORA Resources has launched a $2.91 million capital raising through a placement and entitlement offer to fund critical development milestones at its Bekisopa Iron Ore Project in Madagascar.

Mindax Limited strengthens its position in Western Australia's Mid-West iron ore sector with a strategic investment in Cashmere Iron and an option to acquire full ownership of the Mt Forrest project.

Legacy Iron Ore Limited reported a robust operating cash inflow of A$16.1 million for the June 2025 quarter, ending with a healthy cash balance of A$9.7 million despite ongoing exploration investments.

Accent Resources has initiated a Pre-Feasibility Study for its Magnetite Range Iron Ore Project, while maintaining steady gold resources at Norseman and reporting a strong cash position of $13 million.

Volt Group Limited (ASX – VPR) has initiated an on-market share buy-back of up to 5% of its issued capital, aligning with its capital management strategy as it advances commercialisation of its innovative zero-emission technologies.

MLG Oz Limited has landed a significant 30-month crushing and screening contract with New Murchison Gold, boosting its foothold in Western Australia's gold mining sector.

Mindax Limited has secured an option to acquire Norton Goldfields’ 35% stake in the Mt Forrest magnetite project, potentially gaining full ownership of a major iron ore asset in Western Australia’s Mid-West region.

Peregrine Gold has announced a major discovery of a high-grade Channel Iron Deposit spanning over 7.7km near established BHP iron ore operations in Western Australia, signaling a promising new chapter for the Newman Gold Project.

Juno Minerals has agreed to sell its Mount Mason DSO Hematite Project to Gold Valley Yilgarn for A$6 million plus a 2% royalty, unlocking cash and future income while focusing on its flagship Mount Ida Magnetite Project.

Hawsons Iron Ltd has been reinstated to ASX trading following an announcement of a proposed capital raising, signaling renewed investor interest.

AusQuest has kicked off a significant drilling campaign at its Morrisey Magnetite Project in Western Australia, aiming to expand on promising iron ore discoveries and assess commercial viability.

Alchemy Resources has acquired the remaining 50% stake in the Bryah Iron Ore Project, consolidating full ownership and advancing plans for maiden drilling after confirming high-grade iron ore outcrops.