Latest Iron Ore News

Kingsrose Mining has appointed Andrew Caruso as its new CEO, bringing over three decades of mining leadership experience to drive its Scandinavian projects and acquisition strategy. His remuneration package includes a base salary of CND$400,000 plus performance-linked incentives tied to share price milestones.

Trek Metals has won two co-funded geophysical grants under WA’s Exploration Incentive Scheme, advancing manganese and gold exploration at Christmas Creek with drilling set to start in May.

NH3 Clean Energy’s WAH2 Clean Ammonia Project has been granted Federal Major Project Status, accelerating government approvals and supporting a Final Investment Decision by end 2026.

Dreadnought Resources has reported some of the highest-grade gold intercepts yet at Metzke’s Find, extending mineralisation beyond its 2023 resource and setting the stage for a resource upgrade in July 2026.

Admiralty Resources has commissioned the transmission line at its Mariposa Iron Ore Project, securing direct grid power and reducing reliance on costly fuel generators.

Athena Resources is raising $3.5 million through a discounted share placement backed by major investors to fast-track drilling and feasibility at its Narryer magnetite project.

MLG Oz Limited has locked in a five-year extension with Newmont’s Tanami Operations, promising $200 million in revenue and reinforcing its role as a key integrated mining services provider.

Dreadnought Resources has confirmed near-complete gold recoveries from metallurgical tests at Metzke’s Find, underpinning a planned resource upgrade and scoping study for its Illaara Gold Project.

Alchemy Resources has finalised the sale of its Karonie and Lake Rebecca projects to Forrestania Resources, securing over 7.7 million shares and a royalty, while gearing up for copper exploration in New South Wales.

Black Canyon is progressing its Wandanya Project with robust drilling and beneficiation results, underpinning a large manganese resource and promising scoping study economics.

AKORA Resources has secured a 25-year mining permit for its flagship Bekisopa iron ore project, a critical step toward development, but faces suspension from ASX quotation due to late reporting.

NH3 Clean Energy’s WAH2 project is projected to deliver substantial economic and environmental benefits, including a $7.3 billion GDP uplift and 13.5 million tonnes of CO2 emissions avoided, underpinning its push for government-backed concessional financing.