Latest Iron News

CZR Resources has completed the sale of its Robe Mesa Iron Ore Project, netting over A$70 million and wiping out its debt. The company is now poised to accelerate exploration across its remaining Western Australian assets.

Diatreme Resources confirms its Northern Silica Project can produce low-iron, high-purity silica sand meeting photovoltaic glass standards, backed by successful bulk metallurgical testwork. The results pave the way for final engineering and commercial deals amid a booming solar energy market.

Legacy Iron Ore has completed a major drilling campaign at its Mt Celia project and is progressing metallurgical studies to define its processing strategy, setting the stage for updated resource estimates and development plans.

Lunnon Metals reports significant high-grade gold assay results from infill drilling at its Hustler prospect, confirming two distinct mineralised structures and moving closer to an initial Mineral Resource estimate. Meanwhile, exploration at Defiance West reveals structural complexity with anomalous base metals but no significant gold yet.

Ardiden Limited has announced the recommencement of exploration at its Pickle Lake Gold Project in Ontario, targeting untested high-potential zones within the South Limb prospect. The winter program aims to leverage modern survey techniques to prioritize drill targets and advance the company’s resource base.

Cullen Resources Limited has completed the sale of its Wyloo iron ore royalty to Vox Royalty Corp for A$1.5 million in cash, while retaining a future payment right tied to mining commencement.

Magnetite Mines Limited’s MGTOF securities have been reinstated to ASX quotation following compliance with key listing rules, marking a significant regulatory milestone for the iron ore miner.

Black Canyon Limited has raised $10 million through a share placement to accelerate exploration and development of its promising Wandanya manganese and iron discovery in Western Australia.

Magnetite Mines has successfully closed a fully subscribed $2.65 million rights issue, followed by a $1.214 million placement, positioning the company to advance its Razorback Iron Ore Project and explore broader mineral opportunities.

Magnum Mining & Exploration Limited has appointed Leslie Pereira as a Non-Executive Director while Neil Goodman steps down from the board, marking a strategic shift aimed at enhancing shareholder value and project development.

Lion Selection Group has committed $0.5 million to Peregrine Gold’s $3 million placement, gaining a foothold in promising Pilbara gold and iron ore projects with significant exploration upside.

Verity Resources has successfully raised $3 million through a two-tranche placement to accelerate drilling and resource upgrades at its Monument Gold Project amid strong gold market conditions.