Latest Iron News

Iron Road Ltd maintained modest spending on its Central Eyre Iron Project while progressing exploration at the Mulgathing Project, with key drilling results awaited. The company also updated its strategic land options at Cape Hardy amid subdued steel market conditions.

AusQuest Limited has reported significant progress at its Cangallo copper-gold project in Peru, extending mineralisation and advancing drilling programs, supported by a $10 million capital raise and an extended partnership with South32.

Venus Metals Corporation has announced a significant JORC 2012 compliant Exploration Target for zinc and indium at its Youanmi Base Metals Project, with plans for extensive drilling in 2026 to advance the project.

Tali Resources reports promising initial drilling results and identifies new exploration targets at its West Arunta Project, backed by a solid $4.2 million cash reserve.

Elevra Lithium Limited reported record quarterly revenue and gross profit at its North American Lithium operation, even as it navigates short-term production challenges and revises FY2026 guidance downward.

Brockman Mining has reported promising new drilling results at its Punda Springs Iron Ore Project, revealing high-grade iron intersections and opening up fresh exploration potential in the Western Zone. These findings reinforce the project’s prospectivity for significant iron ore resources in the Pilbara region.

GWR Group Limited reports a robust cash position of $75 million and progresses its Prospect Ridge Magnesite Project alongside strategic investments in tungsten and royalties from iron ore and gold assets.

Magnetic Resources NL has upgraded its Lady Julie Gold Project resource to 2.24 million ounces, with over 80% now in the Indicated category, positioning the company closer to development readiness. The LJN4 deposit remains a standout as one of Western Australia’s largest and highest-grade undeveloped open pit gold deposits.

Juno Minerals has finalised the sale of its Mount Mason DSO Hematite Project for A$6 million plus royalties, while advancing exploration at its flagship Mount Ida Magnetite Project with promising gold assay results and planned drilling.

Austin Metals has launched Phase 1 exploration at its Austin Gold Project, using high-resolution drone imagery and detailed field mapping to refine drill targets focused on BIF-related mineralisation.

Kairos Minerals has acquired the Pincunah Project adjoining its Mt York Gold Project in WA’s Pilbara, unlocking new high-grade gold targets and planning a focused drilling campaign in 2026.

Verity Resources has reported strong assay results from Phase 2 drilling at its Monument Gold Project, confirming gold mineralisation continuity and extensions beyond the current Waihi deposit resource outline.