Latest Iron Ore News

AKORA Resources has initiated a surface trenching program at its Bekisopa Iron Ore Project in Madagascar, aiming to extend its high-grade direct shipping ore resource despite ongoing local unrest. The company remains confident in project progress and safety.

Equinox Resources' judicial review over the Hamersley Iron Ore Project has been adjourned to 17 October 2025, as the Supreme Court seeks clarity on mapping and boundary data used by the Committee. The outcome remains uncertain as affidavit evidence is awaited.

Genmin Limited advances its Baniaka iron ore project with PowerChina’s subsidiary Sinohydro submitting engineering and construction proposals that suggest potential capital cost reductions. Parallel funding discussions with Chinese partners are also progressing.

Following the $75 million sale of its Robe Mesa Iron Ore Project, CZR Resources announces the vesting of nearly 5 million options and performance rights, opening the door to potential share conversions.

Legacy Iron Ore has completed a major drilling campaign at its Mt Celia project and is progressing metallurgical studies to define its processing strategy, setting the stage for updated resource estimates and development plans.

Magnetite Mines Limited’s MGTOF securities have been reinstated to ASX quotation following compliance with key listing rules, marking a significant regulatory milestone for the iron ore miner.

Magnetite Mines has successfully closed a fully subscribed $2.65 million rights issue, followed by a $1.214 million placement, positioning the company to advance its Razorback Iron Ore Project and explore broader mineral opportunities.

CZR Resources has satisfied all conditions precedent for the sale of its Robe Mesa Iron Ore Project, with completion set for 9 September 2025. This milestone marks a significant cash inflow for the company.

Fenix Resources has locked in exclusive 30-year mining rights over a 290 million tonne iron ore resource at the Weld Range Project, significantly extending its mine life and production capacity. This strategic partnership with Sinosteel Midwest and Baowu Steel Group positions Fenix for ambitious growth in Western Australia's Mid-West.

Cyclone Metals has launched a comprehensive Pre-Feasibility Study for its Iron Bear iron ore project in Canada, aiming to refine development plans and attract global steel market demand.

Genmin Limited has increased insider loans by A$0.5 million, reinforcing funding for its flagship Baniaka iron ore project in Gabon as it targets production in late 2026.

Macarthur Minerals Limited reported a successful capital raise and key strategic partnerships at its 2025 AGM, positioning itself for future growth in iron ore production.