Latest Iron News

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.

CuFe Ltd has raised $5.4 million through a strategic placement to fund exploration and feasibility studies at its Tennant Creek Copper/Gold project, including a focus on critical mineral bismuth.

Lodestar Minerals has confirmed significant gold mineralisation extensions at its Ned’s Creek project in Western Australia, while drilling in Chile faces a brief delay due to a rare wildflower bloom.

Carnaby Resources has landed a A$12.5 million investment from the Queensland government-backed QIC Critical Minerals and Battery Technology Fund, accelerating development of its Greater Duchess copper-gold project. The funding will underpin key feasibility studies and position the company for a final investment decision by late 2026.

Metallium Limited announces a breakthrough rare earth recovery method using Flash Joule Heating with chlorination, promising faster, cleaner recycling of critical metals from magnet waste and advancing U.S. supply chain independence.

Rio Tinto reported robust third quarter 2025 production results, highlighted by record outputs in bauxite and copper, and an upgraded bauxite production forecast. Key projects like Simandou and Oyu Tolgoi continue to progress on schedule, underpinning the company’s growth trajectory.

Resonance Health reveals a robust growth strategy targeting $17 million revenue by FY26, powered by AI-enhanced medical imaging and global clinical trial services expansion.

Latrobe Magnesium Limited (ASX – LMG) has launched an $8 million equity raising to fund the ramp-up of its magnesium metal production and advance feasibility studies for a larger commercial plant. The company’s patented hydromet process converts brown coal ash into sustainable magnesium with significantly lower emissions than global peers.

American Rare Earths has achieved a significant metallurgical milestone by successfully removing impurities from allanite-based rare earth ore at its Halleck Creek project, potentially lowering costs and boosting rare earth recovery.

AusQuest has initiated a targeted Reverse Circulation drilling campaign at its Mt Davis project in WA, aiming to test significant VTEM electromagnetic and soil geochemical anomalies for copper, lead, and zinc mineralisation.

Artemis Resources has formalised access to its Cassowary Copper-Gold Exploration Project in Western Australia, setting the stage for initial diamond drilling planned for December. The project targets a large, geologically significant intrusion with strong potential for copper-gold mineralisation.

Moab Minerals is set to acquire full ownership of Imbas Mining, unlocking rights to earn up to 80% of the Sasare Gold and Copper Project in Zambia, a site with notable historic gold production and promising copper targets. The acquisition paves the way for an initial exploration campaign targeting both gold and copper mineralisation.