Latest Iron News

Cyclone Metals has restructured its management, appointing Paul Berend as CEO of the Iron Bear Project while the Board temporarily oversees corporate functions during the search for a new CEO.

Mineral Resources Limited has priced a US$700 million senior unsecured notes offering at 7.000%, aiming to refinance its existing higher-cost debt due in 2027. The move signals a strategic effort to optimise its capital structure amid evolving market conditions.

Sunshine Metals has completed nine diamond drill holes at its Sybil project’s Francis Creek prospect, intersecting multiple epithermal gold veins with encouraging geological textures. First assay results are expected in early October 2025, potentially shaping the future of this underexplored Queensland gold system.

Central Iron Ore Limited has finalized assay results from its 2025 Phase 1 drilling campaign at the British King Project, revealing multiple significant high-grade gold intercepts and confirming down dip extensions of mineralisation.

Equinox Resources has agreed to sell its Alturas Antimony Project in British Columbia to Maxus Mining, freeing up capital and focus for its core iron ore ambitions in Western Australia.

Red Hill Minerals reports a profitable FY25 with robust royalty income from the Onslow Iron Project, declaring a fully franked final dividend of 6.5 cents per share.

McLaren Minerals advances its McLaren titanium project with 95% engineering complete and a strong market report confirming demand for its high-quality sulfate ilmenite amid a looming titanium dioxide supply deficit.

Western Gold Resources has completed over 45% of its 35,300-metre grade control and infill drilling program at the Gold Duke Project, receiving initial assay results from the Eagle prospect. The company is finalizing an updated scoping study and secured $3 million in non-dilutive funding to support a planned mining start in late 2025.

Tempest Minerals has secured regulatory approval to begin Phase I drilling at its Halo prospect within the Yalgoo Project, targeting iron, copper, and gold. A heritage survey with the Badimia People is currently in progress, marking a key step toward unlocking the site's potential.

Encounter Resources’ recent airborne electromagnetic survey has pinpointed promising new drill targets at its Aileron Project, including high-grade niobium-rare earth zones and a key copper-gold prospect slated for drilling in October 2025.

Brockman Mining reported a HK$34.6 million loss for FY2025 driven by exploration costs, while progressing key studies and approvals for its flagship Marillana iron ore project in Western Australia. The Group faces liquidity pressures but has secured shareholder loans to support ongoing development.

Iltani Resources reports strong rock chip sampling results from its Orient Silver-Indium Project, confirming high-grade mineralisation and identifying new target zones that could significantly expand the resource footprint.