Latest Steel News

Dreadnought Resources has validated significant high-grade tungsten mineralisation at its Mangaroon and Mangaroon South projects in WA, with rock chip assays far exceeding typical global grades. Drilling at the key Nina target is slated for late 2026 or early 2027, while systematic mapping and sampling at Mangaroon South will start in September.

Rox Resources (ASX: RXL) has reported strong underground drilling results at Youanmi’s United North area, with mineralisation extending beyond the Definitive Feasibility Study (DFS) mine plan and infrastructure contracts advancing, keeping the project on track for mid-2027 gold production.

Macro Metals has agreed in principle to sell its Agbaja Iron Ore Project in Nigeria to RSIN Nigeria Limited for US$5.67 million, allowing the company to refocus on Western Australian operations.

BlueScope Steel posted a remarkable 857% jump in reported NPAT to $802 million for FY2026, underpinned by strong US spreads, cost discipline, and growth in value-added steel products. The company declared record dividends and advanced key decarbonisation projects, signaling a confident transition from investment to shareholder returns.

Accent Resources NL confirms no undisclosed information behind recent share price spike, attributing trading activity to positive metallurgical results from its Magnetite Range Project.

Black Canyon has confirmed a 400-metre southern extension to its Wandanya manganese project, delivering multiple high-grade manganese intercepts and advancing towards a maiden Mineral Resource Estimate in September 2026.

Infinity Metals has locked in an exclusive option to acquire 100% of the Tule Canyon molybdenum-copper project in Nevada, a historically explored porphyry deposit with promising drill results and strategic positioning amid soaring molybdenum prices.

Killi Resources has kicked off a major drilling campaign at its Lodestone Iron Ore Project, aiming to grow and upgrade its 110Mt resource of high-purity magnetite expected to command a price premium.

Brightstar Resources reports steady July progress at its Goldfields Project, maintaining schedule and budget for first gold production in mid-2027 with key infrastructure milestones reached.

Control Bionics has achieved FDA registration for its NeuroStrip surface EMG platform, cementing its medical device status in the US and bolstering its appeal in clinical and research markets.

Toubani Resources has moved the Kobada Gold Project firmly into its construction phase, with key infrastructure nearing completion and financing arrangements ready for drawdown.

Black Canyon Limited has reported robust assay results from its Wandanya Project in Western Australia, confirming shallow, high-grade manganese and iron mineralisation. The company is on track to deliver a maiden Mineral Resource Estimate by September 2026, with further drilling planned to expand the 9km mineralised system.