Latest Iron News

Mount Gibson Iron Limited is set to acquire a 50% stake in the Central Tanami Gold Project from Northern Star Resources for $50 million, marking its strategic entry into the precious metals sector. The project boasts a substantial 1.6 million ounce gold resource and significant infrastructure, positioning MGX for potential development within 18 months.

Mount Gibson Iron Limited has agreed to acquire Northern Star Resources' 50% stake in the Central Tanami Project, gaining access to 1.6 million ounces of gold resources and existing infrastructure in the Northern Territory.

Rio Tinto reports a robust 13% year-on-year increase in copper equivalent production for Q2 2025, alongside record bauxite output and progress on key projects like Simandou and Oyu Tolgoi. The company maintains its 2025 guidance, signaling confidence in its diversified growth strategy.

Hazer Group has successfully raised $10.7 million through a combination of a share placement and a share purchase plan, positioning the company to advance its innovative clean hydrogen and graphite production technology.

Rio Tinto has appointed Simon Trott as its new Chief Executive, effective August 25, 2025, marking a leadership transition focused on operational excellence and shareholder value.

Verity Resources is set to begin a 3,600m drilling campaign aimed at upgrading and expanding its Monument Gold Project resource in Western Australia. The program targets the Korong deposit with the goal of moving from inferred to indicated resource status.

Macarthur Minerals Limited has updated the timetable for its A$2 million renounceable rights issue, allowing shareholders more time to participate. The company also clarified an earlier announcement, confirming its agreement with Gold Valley Yilgarn Pty Ltd pertains only to the Lake Giles Hematite Project, not the Moonshine Magnetite Project.

Zenith Minerals has unveiled a significant Exploration Target of 0.3 to 0.8 million ounces of gold at its Consolidated Dulcie Project in Western Australia, backed by a fully funded drilling campaign commencing late July 2025.

Encounter Resources is ramping up exploration at its Jessica Copper Project in the Northern Territory with advanced geophysical surveys and planned drilling, aiming to unlock significant IOCG mineralisation.

Sky Metals has achieved a metallurgical breakthrough at its Doradilla Tin Deposit in NSW, recovering approximately 78% tin and defining an initial Exploration Target of up to 15 million tonnes. This development positions Doradilla as a promising complement to the company’s flagship Tallebung project.

Verity Resources is set to begin a 3,600m drilling campaign at its Monument Gold Project in Western Australia, aiming to upgrade and expand its existing gold resource. The program targets increasing confidence in the Korong deposit and advancing towards a mining licence.

King River Resources has reported significant gold assay results from its April 2025 drilling at Kurundi Main and promising geochemical anomalies at Kuiper, setting the stage for imminent drilling at these Northern Territory targets.