Latest Iron Ore News

Magnetite Mines Limited has confirmed additional near-surface rare earth mineralisation at its Ironback Hill Project in South Australia, setting the stage for a targeted drilling campaign in early 2026.

Genmin Limited has launched a A$25.7 million equity raising to advance its Baniaka iron ore project in Gabon, aiming for a final investment decision by mid-2026. The raise includes strategic collaboration with PowerChina and offers attaching options to investors.

Genmin Limited has locked in A$25.7 million through a two-tranche placement, including significant director loan conversions, to advance its flagship Baniaka iron ore project towards production.

Calix Limited has secured a pivotal $35 million joint development agreement with Rio Tinto to advance its Zesty Green Iron Demonstration Plant in Western Australia, backed by a substantial ARENA grant. This collaboration aims to pioneer low-emission steel production using innovative hydrogen and electric heating technology.

AusQuest Limited has identified three additional high-grade magnetite prospects at its Morrisey Project in Western Australia, with premium iron grades exceeding 70% Fe and promising recovery rates. These findings enhance the project's commercial appeal as it advances under a strategic alliance with South32.

Tombador Iron Limited reports a quarterly loss amid a strategic acquisition of GoviEx Uranium, signaling a pivot to uranium exploration and a rebrand to Atomic Eagle Limited.

MLG Oz Limited has extended its contract with Rio Tinto at the Western Turner Syncline Mine by three months, adding approximately $5 million in revenue through March 2026.

NRW Holdings showcased strong FY25 proforma results and ambitious FY26 guidance at the UBS Conference, underpinned by strategic acquisitions and a diversified portfolio. The company’s growth strategy focuses on expanding capabilities in energy transition and infrastructure markets across Australia, New Zealand, and North America.

Monadelphous Group Limited has landed a suite of new contracts worth approximately $140 million, extending its foothold in the Pilbara and beyond with BHP and Rio Tinto.

GoviEx Uranium has received the Supreme Court of British Columbia's final approval for its reverse takeover of Tombador Iron, setting the stage for completion by mid-November 2025.

RocketDNA has landed a significant contract with Anglo American’s Kumba Iron Ore to supply and integrate seven autonomous drone systems at the Sishen Mine, marking a key step in expanding AI-driven mining technology in Africa.

CZR Resources has secured heritage clearance to begin a significant drilling campaign at its Croydon gold project in Western Australia’s Pilbara, aiming to expand known gold zones and test for new intrusive-related mineralisation near the Hemi deposit.