Latest Iron Ore News

Peregrine Gold has identified large-scale, high-grade iron ore deposits at its Newman project and expanded gold anomalies at Tin Can and Epithermal prospects, backed by a $3 million capital raise.

Genmin Limited’s non-executive directors have increased their loan funding by A$0.4 million and taken over a A$3 million loan from its largest shareholder, providing immediate working capital for the Baniaka iron ore project in Gabon.

Volt Group Limited has reported a record year-to-date revenue of $4.01 million for Q3 FY25, driven by strong sales in its Wescone and EcoQuip divisions, alongside advancing its ATEN Waste Heat to Power project.

Deterra Royalties reported a 10% rise in quarterly revenue driven by iron ore royalties and gold offtakes, completed a US$82 million sale of non-core assets, and marked progress on the Thacker Pass lithium project amid leadership changes.

Brockman Mining Limited reports steady progress on its Marillana and Ophthalmia iron ore projects through joint ventures and infrastructure planning, maintaining a solid cash position despite no production this quarter.

Red Hill Minerals has achieved full production capacity at its Onslow Iron Project, generating $7 million in quarterly royalty revenue, while advancing multiple exploration fronts and declaring a fully franked dividend.

Tempest Minerals reports significant progress at its Yalgoo iron deposit and Mount Magnet gold projects, with new drilling programs and promising targets identified.

Legacy Iron Ore Limited reported solid progress in its September 2025 quarter, advancing gold production at South Laverton and pushing forward feasibility and environmental studies at the Mount Bevan magnetite project.

Legacy Iron Ore Limited reported a positive operating cash flow for Q3 2025, boosting its cash reserves to over A$10 million, supported by ongoing service agreements and the conclusion of a major infrastructure deal.

Magnetite Mines has made significant strides in developing its Razorback Iron Ore Project, securing $3.86 million in new funding and uncovering promising rare earth mineralisation at Ironback Hill. The company continues to navigate strategic partnerships and regulatory approvals to advance its long-life magnetite project.

Champion Iron Limited reported a robust FY2026 second quarter with record sales, improved earnings, and steady progress on its DRPF project, while declaring its ninth consecutive dividend.

Champion Iron Limited reported an 8% increase in revenue to C$882.9 million for the half-year ended September 30, 2025, while net profit declined 20% to C$80.6 million. The company declared a steady interim dividend of C$0.10 per share amid a strategic asset transfer.