Latest Iron Ore News

Iron Bear Resources (ASX:IBR) has detailed progress on its Canadian Iron Bear Project, highlighting a robust scoping study, a major joint venture with Vale, and strategic advantages in a growing direct reduction pellet market.

Argent Minerals appoints mining veteran Mike McKevitt as CEO to spearhead advancement of its flagship Kempfield Silver Project and evaluate growth across gold and copper assets.

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.

Delta Lithium Limited has acquired key tenements at its Yinnetharra Project, gaining full control over 170 km2 of lithium prospective ground. The company also reports a notable gold occurrence at Mason’s prospect and continues extensive exploration across its large tenure.

Dreadnought Resources has identified three extensive gold trends at Illaara’s CRA Homestead target, with follow-up infill drilling set to sharpen the picture of this emerging system.

Killi Resources has agreed to acquire an 80% interest in the Lodestone Iron Ore Project, boasting a 110Mt inferred resource with premium 69% Fe concentrate, backed by a $15 million capital raise.

St George Mining’s initial beneficiation testwork at its Araxá Project in Brazil has delivered high-grade niobium concentrates and a promising rare earth concentrate, validating its dual commodity approach and underpinning next-stage pilot plant plans.

MGX Resources is set to exit its Koolan Island iron ore operation, selling to Crestlink for $20.2 million upfront plus potential revenue share, while shifting focus to gold development.

Burley Minerals has secured A$1 million through an oversubscribed Share Purchase Plan and placement, funding maiden drilling at its Pilbara iron ore project and lithium exploration in Canada.

Burley Minerals has closed its Share Purchase Plan (SPP) after receiving applications beyond the $300,000 target, following a recent $700,000 placement. The company may scale back or accept all applications at its discretion, with shares expected to be issued on 12 June 2026.

Civmec Limited has expanded its order book to a record $1.5 billion, driven by new contracts including a major installation package at Iluka's Eneabba Rare Earths Refinery and a key construction role in Perth Park, Western Australia's flagship entertainment precinct.

Burley Minerals is set to commence a heritage survey ahead of a major reverse circulation drilling campaign targeting over 290 hectares of Channel Iron Deposit at Cane Bore, aiming to define a significant inferred iron ore resource in Western Australia’s Pilbara region.