Latest Iron News

Macro Metals has agreed in principle to sell its Agbaja Iron Ore Project in Nigeria to RSIN Nigeria Limited for US$5.67 million, allowing the company to refocus on Western Australian operations.

BlueScope Steel posted a remarkable 857% jump in reported NPAT to $802 million for FY2026, underpinned by strong US spreads, cost discipline, and growth in value-added steel products. The company declared record dividends and advanced key decarbonisation projects, signaling a confident transition from investment to shareholder returns.

Tarrina Resources (ASX:TR8) posted a $3.63 million loss for FY2026 as it ramped up exploration at its newly acquired gold and base metal projects following a $5 million capital raise and ASX relisting.

Accent Resources NL confirms no undisclosed information behind recent share price spike, attributing trading activity to positive metallurgical results from its Magnetite Range Project.

AusQuest has resumed a significant diamond drilling campaign at its Coober Pedy IOCG project in South Australia, aiming to test high-priority geophysical and geochemical targets within the Olympic Dam province. The program is expected to take four weeks, with assay results due about a month later.

TechGen Metals has locked in a diamond drill rig to begin maiden drilling at its Blue Devil Project in Western Australia, targeting two major copper-gold systems with strong geophysical and geochemical backing.

AIC Mines has confirmed a high-grade copper-gold shoot at its Brumby prospect near the Cannington mine, with drilling intersecting up to 14.4% copper over 10.5 metres within a broader mineralised zone.

Magnetite Mines has secured a 12-month extension on $2.7 million of convertible notes, enhancing its financial runway for the Razorback Iron Ore Project amid ongoing strategic funding efforts.

Infinity Metals has expanded its Swansea copper project area by nearly half, securing full ownership of new claims that extend over 5km of mineralised strike and include historically high-grade copper zones.

Alterity Therapeutics has won a new US composition of matter patent for its lead drug ATH434, extending intellectual property protection to at least 2045 and boosting its commercial potential ahead of Phase 3 trials in Multiple System Atrophy.

Mandrake Resources has started extracting bulk lithium brine from the Evelyn Chambers #1 well, advancing its Utah Lithium Project and providing critical data for future development.

Black Canyon has confirmed a 400-metre southern extension to its Wandanya manganese project, delivering multiple high-grade manganese intercepts and advancing towards a maiden Mineral Resource Estimate in September 2026.