Latest Iron News

AKORA Resources has increased its placement by $25,000, bringing the total to $1.318 million as it advances strategic investor discussions and logistics planning following its Pre-Feasibility Study.

Akora Resources has confirmed that intermediate grade iron ore at its Bekisopa Project can be upgraded to saleable products, potentially extending mine life and enhancing project economics ahead of its March 2025 Pre-Feasibility Study.

Macro Metals Limited has launched its second Indigenous joint venture, Robe River Kuruma Macro Mining, to foster sustainable mining and socio-economic benefits in the West Pilbara region.

Brightstar Resources has reported compelling high-grade gold intercepts from its 2024 diamond drilling at the Lord Byron deposit, reinforcing the potential for expanded mining operations at Jasper Hills.

Aurumin Limited announces a significant 33% increase in its Plum Pudding gold resource at the Central Sandstone Project, supported by encouraging recent drilling results that reinforce the project's potential for future gold production.

Lunnon Metals has launched a co-funded diamond drilling program at its high-potential Defiance West target near the historic Victory-Defiance Gold Mine, aiming to unlock new gold mineralisation in a previously untested area.

Magnum Mining and Exploration Limited has announced a pro-rata non-renounceable entitlement offer to raise up to $1.94 million, aiming to fund exploration at its Palmares and Buena Vista projects. The offer includes new shares and free options, presenting both opportunity and dilution risks for shareholders.

AKORA Resources has raised $1.293 million through a strategic share placement involving its first institutional investor and full board participation, aiming to advance logistics and investor discussions for its Bekisopa iron ore project.

Black Canyon Limited’s recent infill drilling at the KR2 Prospect confirms thick, high-grade manganese zones, underpinning a potential upgrade from Inferred to Indicated Mineral Resource status and promising improved project economics.

Athena Resources has appointed Peter Jones as Managing Director and CEO, aiming to leverage his extensive Mid-West iron ore experience to advance the high-grade Byro Magnetite Project.

WAT Resources Ltd has successfully produced ferroniobium from its Luni niobium concentrate, marking a key milestone in the West Arunta Project’s development. The proof-of-concept testwork confirms the viability of a conventional production process and sets the stage for further optimisation and product diversification.

Alterity Therapeutics has raised over A$2 million through its U.S. ATM facility and expects nearly A$5.7 million in Australian tax rebates, fueling the advancement of its lead neurodegenerative drug candidate ATH434 following promising Phase 2 results.