Latest Iron News

FIN Resources has validated a substantial sulphide-bearing banded iron formation at its Cabin Lake project, with three drillholes revealing approximately 114 metres of mineralisation. Early drilling at the Beaver Prospect shows promise as the company advances an integrated geophysical and drilling campaign.

Critical Resources has defined a focused 2026 exploration program at its Mavis Lake lithium project while confirming an orogenic gold system in New Zealand and delivering promising early results from its solid-state lithium-ion battery evaluation.

Truscott Mining’s maiden 2026 drilling at Westminster confirms shear-hosted gold mineralisation and sets the stage for diamond drilling and resource upgrades. Management changes and mining lease applications signal a push towards production.

Newcam Minerals has exercised its option to acquire a 60% interest in Alchemy Resources' Bryah Basin Iron Ore Project, paying $500,000 and taking operational control. Alchemy retains a 40% free-carried stake to a Decision to Mine, reducing its development risk while preserving upside exposure.

Black Canyon has kicked off a substantial 15,000m RC drilling campaign at its Wandanya Project, aiming to define and grow its high-grade manganese and iron resource with first assays due in May 2026.

Legacy Iron Ore has boosted its Mt Celia gold resource by over half, now holding 390,150 ounces, underpinning its ongoing heap leach pre-feasibility study and signaling potential for further growth.

Mindax Limited pushes forward its vision for a Mid-West iron ore processing hub with metallurgical testing and strategic investments, while managing a cash runway under one quarter and preparing further capital raises.

NT Minerals targets ASX reinstatement by acquiring the Endeavour Project via Slipstream Paynes Find, backed by a $810,000 entitlement offer and a planned share consolidation.

Rimfire Pacific Mining has boosted its Murga Scandium Deposit resource by 300%, lifting the inferred mineral resource to 56.1 million tonnes at 138ppm scandium. The deposit’s low iron content hints at potential cost savings via atmospheric leaching, with follow-up drilling and metallurgical tests slated for mid-2026.

Champion Iron has finalized its US$300 million acquisition of Norwegian iron ore producer Rana Gruber, securing over 92% ownership and setting sights on full integration and delisting. The deal enhances Champion's high-purity iron ore portfolio and strengthens its position in the green steel supply chain.

Fortescue Ltd (ASX: FMG) is fast-tracking the deployment of the world’s first large-scale, fully integrated green energy grid dedicated to heavy industry, aiming to eliminate diesel use across its Pilbara operations by early 2027 and full completion by 2028.

Monadelphous Group Limited has announced new and extended contracts worth approximately $145 million across key resource sector sites in Australia and Papua New Guinea, reinforcing its longstanding industry presence.