Latest Brazil Mining Sector News

Centaurus Metals has received a non-binding Letter of Intent from Brazil’s National Development Bank for R$1 billion in debt funding to advance its Jaguar Nickel Project, marking a key milestone in its financing strategy.

Aguia Resources has secured key mining concessions in Brazil, setting the stage for operational licensing and commissioning of its Tres Estradas phosphate mine by April 2026.

Resouro Strategic Metals reports encouraging metallurgical testwork results and progress on the Preliminary Economic Assessment for its Tiros Titanium and Rare Earths Project in Brazil, highlighting potential for a globally significant operation.

Perpetual Resources has reported exceptional high-grade Caesium and Lithium assay results from surface channel sampling at its Morro Grande prospect in Brazil’s Lithium Valley, confirming a highly evolved critical minerals system. These findings pave the way for refined drill targeting and extensive trenching ahead.

Brazilian Rare Earths has confirmed a breakthrough low-temperature acid-cure process achieving up to 97% rare earth extraction at just 150°C, promising lower costs and enhanced scalability for its Brazilian operations.

Enova Mining's latest drilling at East Salinas, Brazil, confirms significant rare earth element mineralisation in surface clays, with promising leach recoveries pointing to a cost-effective extraction pathway.

St George Mining’s latest drill results from the Araxá Project in Brazil reveal thick, high-grade rare earth and niobium mineralisation starting from surface, pointing to a significant resource expansion. With ongoing 24/7 drilling and government backing, Araxá’s potential continues to grow.

Liberty Metals has completed the acquisition of a 100% interest in a suite of Brazilian critical minerals projects, marking a significant strategic expansion into titanium and rare earth elements. The company also rebranded and initiated exploration programs to unlock value in these high-potential assets.

Centaurus Metals has achieved a key milestone with the granting of the Jaguar Nickel Sulphide Project mining lease and bolstered its copper-gold portfolio through the acquisition of the Rio Novo tenure, setting the stage for accelerated development and exploration in Brazil’s Carajás Mineral Province.

Core Energy Minerals has launched fully funded exploration at its newly acquired Itambe Rare Earth Element project in Brazil, targeting high-grade anomalies with maiden drilling planned for the second quarter of 2026.

Enova Mining’s latest auger drilling results from its CODA East project in Brazil reveal significant near-surface mineralisation of titanium, rare earth elements, and niobium, underscoring the project’s growing strategic importance.

Gold Mountain Limited has reported promising assay results from its Irajuba Prospect in Brazil, revealing significant extensions to rare earth mineralisation and setting the stage for expanded resource drilling.