Latest Iron News

Champion Iron Limited has raised US$100 million through a private placement with La Caisse to help fund its proposed acquisition of Rana Gruber ASA. The deal signals a strategic push to expand Champion’s iron ore footprint in Quebec.

Litchfield Minerals has confirmed thick, continuous copper and zinc mineralisation at its Oonagalabi Project, with standout drill results reinforcing the system's scale and potential. The company plans further drilling and geophysical work to target higher-grade zones and expand the mineralised footprint.

FIN Resources Limited has upgraded and confirmed the reliability of historical gold assays at its Cabin Lake project in Canada, setting the stage for a maiden drilling program. The re-sampling results reveal stronger and more continuous mineralisation than previously understood.

Kairos Minerals has confirmed a significant extension to its Mt York gold mineralisation, with new drilling results revealing strong near-surface and deeper gold zones over an additional 1.2km strike. An updated resource estimate is expected in the first half of 2026.

Leeuwin Metals has reported promising high-grade gold assay results from its 2026 drilling campaign at the Evanston prospect within the Marda Gold Project, signalling potential resource expansion.

QX Resources has raised $1.23 million through a placement to fund exploration at its promising Madaba Uranium Project in Tanzania, setting the stage for a heli-borne survey and maiden drilling program this year.

Bellavista Resources Ltd has agreed to acquire a majority stake in the high-grade Pickle Crow Gold Project in Ontario, Canada, boasting a 2.8 million ounce inferred resource at 7.2g/t gold. The company is also raising up to A$25 million to fund aggressive exploration and development.

Bellavista Resources Ltd has agreed to acquire up to 80% of the Pickle Crow Gold Project in Ontario, Canada, adding a 2.8 million ounce inferred gold resource at 7.2g/t to its portfolio. The company is raising A$25 million to fund aggressive exploration and development activities.

Patriot Resources has appointed mining engineer and finance expert Dominic Duggan as CEO to spearhead development of its high-grade silver and gold projects across Peru, Zambia, and Canada.

Hawsons Iron Limited has secured $2.2 million through a discounted share placement, accompanied by free attaching options, to advance key studies and optimisations for its iron project in New South Wales.

Tempest Minerals and Capricorn Metals have agreed to extend the completion date for the Yalgoo Project sale to mid-February 2026, allowing time to finalise administrative and regulatory requirements without altering deal terms.

Strike Resources has taken significant steps to enhance its Apurímac Iron Ore Project’s export capabilities through a new port services agreement and is progressing towards resuming mining operations. Meanwhile, its stake in Lithium Energy benefits from a major asset sale, boosting cash reserves.