Latest Iron News

Tombador Iron Limited is set to transform into Atomic Eagle Limited through its acquisition of GoviEx Uranium Inc, creating a new ASX-listed uranium explorer focused on Africa’s Muntanga Project. A capital raise of up to A$10 million will underpin this strategic pivot.

Admiralty Resources NL reported steady production growth at its Mariposa Iron Ore Project in Chile, securing key export approvals and infrastructure progress despite a delay in its audited financial statements that led to ASX suspension.

Macarthur Minerals bolstered its financial position through a nearly A$2 million entitlement offer and strengthened governance with a key board appointment, setting the stage for advancing its Lake Giles Iron Ore Project.

Equinox Resources reports promising rare earth results in Brazil while facing a legal challenge over Aboriginal heritage sites at its Hamersley Iron Ore Project in Western Australia. The company also divests a Canadian asset and prepares for leadership changes.

Accent Resources NL continues its methodical progress on the Magnetite Range Project with ongoing pre-feasibility studies and regulatory groundwork, while awaiting key mining lease approvals for its Norseman Gold Project.

Hawthorn Resources has completed an 8000m drilling program at its Anglo Saxon gold project, with assay results due soon to inform a new pit optimisation study. Meanwhile, the company benefits from a 1% royalty on the Mt Bevan magnetite project as JV partners progress development plans.

Freehill Mining shifts focus to cement industry feedstocks, stabilizes operations after plant challenges, and secures fresh capital while reporting promising magnetite test results.

Aurumin Limited has entered a scheme implementation deed with Brightstar Resources for a full acquisition, while raising $6 million from non-core asset sales to fund exploration at its Sandstone Gold Project.

Vanadium Resources Limited is advancing its Steelpoortdrift project with fresh leadership, a successful equity raise, and a strategic pivot towards higher-margin concentrate production alongside direct shipping ore.

Babylon Pump & Power reports a robust start to FY26 with strong rental segment growth and successful integration of two acquisitions, driving a $1.6 million net operating cash inflow.

Reedy Lagoon Corporation is gearing up for initial drilling at its Burracoppin Gold Project while actively seeking a joint venture partner for its Burracoppin Iron Project, maintaining a cautious cash position of just under $80,000.

Riversgold has secured a full funding and operational partnership with MEGA Resources for its Northern Zone Gold Project near Kalgoorlie, while also farming out its Saint John project in Canada to AIS Resources. The company raised A$1.8 million to advance exploration and development.