Latest Iron News

Freehill Mining is progressing towards restarting operations at its Yerbas Buenas magnetite mine with a targeted six-month timeline, while exploration at the adjoining El Dorado project reveals promising magnetite and copper-gold potential.

CuFe Ltd has enhanced the confidence level of its Orlando deposit resource at Tennant Creek, increasing the Indicated classification from 42% to 56% following a rigorous QAQC review. This upgrade supports the imminent release of the Orlando Scoping Study.

Kairos Minerals reports strong diamond drilling results at its Mt York Gold Project, revealing wide gold intercepts and extending high-grade mineralisation. These findings support a resource upgrade expected later this year.

Viridis Mining and Minerals, through its Brazilian JV Viridion, has secured municipal land in Poços de Caldas to build Latin America’s first rare earth refining and recycling centre, backed by strong government support and aligned with Brazil’s critical minerals strategy.

AusQuest Limited has identified two promising deep geophysical targets at its Coober Pedy IOCG Project in South Australia, advancing exploration in a world-class mineral province under a strategic alliance with South32.

MLG Oz Limited has locked in a new two-year contract with Fortescue subsidiaries to provide crushing and screening services at multiple Western Australian mine sites, reinforcing its foothold in the mining services sector.

Canadian Phosphate Limited has applied for a multi-year exploration permit at its Wapiti Phosphate Project in British Columbia, targeting a substantial phosphate resource with strategic implications for North American supply.

Beacon Minerals has confirmed extensive near-surface laterite-hosted gold mineralisation at its Iguana Gold Project, highlighting promising grades for low-cost mining and advancing resource modelling.

Hawsons Iron Limited has successfully raised $1.91 million through an oversubscribed Share Purchase Plan and a targeted Placement, positioning the company to fast-track key project studies and environmental assessments.

American Rare Earths reports strong metallurgical leach recoveries and significantly reduced impurities at its Halleck Creek Rare Earths Project, marking a key step toward economic production of critical rare earth elements in the US.

Critica Limited reports breakthrough metallurgical test results at its Jupiter Project, achieving a 95% mass reduction and upgrading rare earth grades, including heavy rare earth oxides. This positions Jupiter as a key player in Australia’s strategic rare earth supply chain.

Mount Gibson Iron Limited is set to acquire a 50% stake in the Central Tanami Gold Project from Northern Star Resources for $50 million, marking its strategic entry into the precious metals sector. The project boasts a substantial 1.6 million ounce gold resource and significant infrastructure, positioning MGX for potential development within 18 months.