Latest Iron Ore News

Mineral Resources Limited has lowered its FY25 volume guidance for Onslow Iron due to haulage constraints but remains on track to reach full capacity by early 2026.

Macarthur Minerals Limited has launched a pro-rata entitlement offer to raise nearly $2 million, issuing new shares with free attaching options, fully underwritten by Gold Valley Yilgarn Pty Ltd. The capital raise aims to advance exploration and development at its Giles Lake Iron Project and support corporate operations.

MLG Oz Limited has secured its first contract with mining giant Rio Tinto, marking a significant expansion into the Pilbara region with a $20 million haulage and site services deal.

Macarthur Minerals has announced a fully underwritten pro-rata rights issue to raise nearly A$2 million, aiming to fund corporate operations and advance strategic options for its Lake Giles Iron Project.

Fortescue Metals Group updates on the Iron Bridge magnetite project, projecting a steady ramp-up to full capacity by FY28 with operational improvements driving production and cost efficiencies.

Hawsons Iron Ltd confirms the technical viability of a fully dry processing circuit for its Hawsons Iron Project, promising cost and environmental benefits. An updated prefeasibility study and maiden ore reserves are expected soon.

Accent Resources has launched a Pre-Feasibility Study for its MagneƟte Range Project, aiming to produce premium magnetite concentrate tailored for modern steelmaking. This move positions the company to tap into growing demand for low-carbon steel inputs.

Mineral Resources Limited has reported a significant expansion in the Onslow Iron Project’s Mineral Resources and Ore Reserves, underpinning its long-term growth strategy in iron ore production.

Tempest Minerals has enhanced geochemical sampling at its Sanity Prospect within the Yalgoo Project, confirming a robust gold anomaly and setting the stage for targeted drilling.

Macarthur Minerals has secured $250,000 through unsecured convertible notes to bolster its working capital and support ongoing operations amid challenging market conditions.

Aurumin Limited has entered binding agreements with Newcam Minerals for a $4 million joint venture on key gold projects, alongside a $1 million sale of non-gold mineral rights at Sandstone, positioning the company for near-term gold production.

Greenvale Energy has appointed seasoned resources executive Alex Cheeseman as CEO, signaling a strategic push to expand its resource base and enhance shareholder value.