Shares in United Minerals surged more than 35 per cent today after the explorer, formerly United Kimberly Diamonds, released preliminary results showing the potential for high-grade iron ore at its Pilbara Iron Project.

Shares in United Minerals surged more than 35 per cent today after the explorer, formerly United Kimberly Diamonds, released preliminary results showing the potential for high-grade iron ore at its Pilbara Iron Project.