Latest Iron News

Genmin Limited marks a pivotal quarter with the appointment of CEO Andrew Taplin, signing of a key mining convention with Gabon, and a binding MoU with Sinohydro to advance its flagship Baniaka iron ore project.

Red Hill Minerals delivered $3.35 million in royalty revenue from the Onslow Iron Project for the March quarter, declared a fully franked dividend, and progressed exploration across key gold, base metals, and iron ore projects.

Australian Critical Minerals reports significant high-grade iron ore discoveries at its Pilbara Shaw and Cooletha projects, while strategically withdrawing from rare earths to concentrate on iron assets.

MinRex Resources reports promising gold and silver assay results from its Sunny Corner Project in NSW and secures a strategic farm-in option over the Fraser Range Copper-Gold Project in WA, underpinning its growth ambitions.

Cyclone Metals has inked a binding agreement with Vale S.A. for up to USD 138 million to develop its Iron Bear Project in Canada, marking a significant step forward with successful pilot production runs of high-grade iron concentrates and pellets.

Red Mountain Mining has advanced exploration across its Fry Lake, Armidale, and Kiabye projects, identifying promising gold and antimony targets and preparing for follow-up drilling and sampling programs.

Firebird Metals has made significant strides in its LMFP battery strategy, finalizing multiple offtake agreements with Chinese manufacturers and securing a mining lease for its Oakover project, positioning itself as a low-cost producer in the growing battery materials market.

Deterra Royalties Limited reported a 4% increase in portfolio revenue to AUD 61.9 million for the March 2025 quarter, driven by robust iron ore royalties and record gold margins. The company also marked a major milestone with the Final Investment Decision and full funding secured for Phase 1 of the Thacker Pass Lithium Project, targeting production in 2027.

Burley Minerals has completed maiden drilling at its Cane Bore Iron Project with assay results due soon, while securing $1 million in fresh capital to accelerate exploration in Western Australia’s Pilbara region.

Grange Resources reported a solid Q1 2025 with a flawless safety record, improved iron ore prices, and strategic progress on key projects despite planned maintenance impacting output and costs.

Strike Resources has made significant strides in advancing its Apurimac Iron Ore Project in Peru, engaging closely with government officials and infrastructure partners to secure critical logistics and permitting milestones. Meanwhile, its stake in Lithium Energy Limited sees progress amid asset sales and spin-out plans.

GWR Group Limited reported $2.53 million in royalties from the Wiluna Iron Ore Project through February 2025 and continues exploration at its Prospect Ridge Magnesium Project with pending assay results. The company holds strong cash reserves and is actively pursuing a major Western Australian acquisition.