Latest Magnetite News

Javelin Minerals has identified significant new gold and copper exploration targets at its Coogee Gold Project in Western Australia, setting the stage for a drilling campaign in early 2026.

Lincoln Minerals has identified promising new drill targets at its Minbrie Copper-Base Metals Project in South Australia and secured $2.25 million in funding to advance exploration activities.

Lord Resources has released final assay results from its Ilgarari drilling campaign, revealing significant copper mineralisation and validating geological models. The company has deferred its planned entitlement issue, opting to reassess funding needs after evaluating recent drilling and acquisition prospects.

Grange Resources reported a robust Q3 2025 with increased iron ore concentrate production, improved pellet sales, and a notable rise in realised product pricing, all while maintaining an excellent safety record.

Juno Minerals has completed the sale of its Mount Mason DSO Hematite Project for A$6 million plus a 2% royalty, while maintaining focus on its flagship Mount Ida Magnetite Project.

Mantle Minerals has completed the sale of Mt Roe Mining Pty Ltd for AUD 13.5 million, retaining key projects and identifying 11 new exploration targets at Yule River. A ground gravity survey is planned to refine 2026 drilling efforts.

Athena Resources reports strong assay results from Byro South and produces a premium 70.55% iron concentrate, advancing its green iron ambitions through a strategic partnership to develop the Mid West Green Iron Project.

Early drilling results from the Llahuin Project’s Southern Porphyry target reveal encouraging copper-gold mineralisation and key geological indicators, validating the prospect’s potential for a major discovery.

Strategic Energy Resources has kicked off a fully funded 2,000-metre diamond drilling program at its Canobie Project in Queensland, targeting major copper-gold mineralisation under a joint venture with Fortescue.

Freehill Mining reports strong magnetite concentrate grades at its Yerbas Buenas project, while advancing its aggregates business and exploring copper-gold opportunities in Chile.

Basin Energy has confirmed substantial uranium mineralisation across three key projects in northern Sweden, validating historical data and positioning itself ahead of the anticipated lifting of Sweden's uranium exploration ban in 2026.

Lincoln Minerals has appointed Chris Wilcox as CEO and Greg English as Chair, marking a strategic leadership overhaul aimed at driving exploration growth across its South Australian mineral assets.