Latest Iron News

Castile Resources has significantly increased its Mineral Resource Estimate for the Rover 1 Project, reflecting higher gold, copper, bismuth, and cobalt prices. This update enhances the project's scale and potential revenue streams as it advances through its Bankable Feasibility Study.

Forrestania Resources has intersected significant copper sulphides in its first diamond drill hole at the Breakaway Dam VMS prospect, confirming the effectiveness of its electromagnetic targeting and hinting at a district-scale copper system.

CZR Resources has completed a $75 million sale of its Robe Mesa iron ore interest, emerging debt free with $76.3 million in cash to fund aggressive exploration at its Croydon gold and Edamurta copper projects.

Ark Mines has secured Environmental Authority approval for its Sandy Mitchell Rare Earths project in Queensland, marking a crucial step towards obtaining its Mining Licence. The company has also completed a major drilling program, setting the stage for an upcoming Pre-Feasibility Study.

Manhattan Corporation advances a high-resolution magnetic survey at its Hook Lake gold project in Nunavut while agreeing to sell its L3 Lithium Project in Nova Scotia for up to $1.34 million.

Carnaby Resources has completed the acquisition of the remaining 17.5% stake in the Greater Duchess Copper Gold Joint Venture, gaining 100% ownership and full operational control. This strategic move positions Carnaby to accelerate development and unlock the project’s significant copper-gold potential.

Alchemy Resources has entered a binding option agreement with Newcam Minerals, unlocking significant funding and operational expertise for its Bryah Iron Ore projects in Western Australia.

Lithium Universe and Macquarie University unveil a breakthrough in solar panel recycling technology that dramatically cuts acid consumption and boosts silver recovery efficiency. This innovation promises to reshape the economics and sustainability of photovoltaic waste processing.

Hazer Group has received a $4.58 million R&D tax incentive refund for FY25, reinforcing its financial position as it advances its methane pyrolysis technology towards commercialisation.

Iron Road Ltd progresses its Central Eyre Iron Project and Mulgathing heavy mineral sands exploration despite subdued iron ore investment and volatile energy costs. Strategic land options secured at Cape Hardy signal potential green hydrogen collaboration.

Fenix Resources has achieved a record quarter with 885,000 wet metric tonnes shipped and locked in a transformative 30-year mining rights agreement with Baowu over the Weld Range Iron Ore Project, positioning itself for significant growth.

Mount Gibson Iron Limited has agreed to acquire a 50% interest in the Central Tanami Gold Project, marking a strategic shift towards gold production while maintaining steady iron ore operations at Koolan Island.