Latest Brazil Mining Sector News

Perpetual Resources has reported multiple high-grade lithium rock chip assays from its Renaldinho and Morro Grande projects in Brazil, confirming a fertile lithium system and setting the stage for a significant drilling campaign in 2026.

Viridis Mining and Minerals has achieved a critical environmental milestone with the granting of the Preliminary License for its Colossus Rare Earth Project in Brazil, significantly de-risking the development timeline and paving the way for construction in 2026.

Perpetual Resources has confirmed a significant lithium-caesium-tantalum pegmatite discovery at its Renaldinho Project in Brazil, with rock samples grading up to 2.56% lithium oxide. This early-stage find positions Renaldinho as a key focus for upcoming drilling campaigns.

Liberty Metals has exercised its option to acquire full ownership of a strategically significant portfolio of Brazilian critical minerals projects, positioning itself firmly in the global supply chain for titanium and rare earth elements.

Enova Mining’s latest auger drilling results at CODA East and Central in Brazil reveal widespread, near-surface deposits of titanium oxide, rare earth elements, and niobium, underscoring the project’s growing strategic importance.

St George Mining’s Araxá Project in Brazil gains significant government and community support, highlighting its potential as a world-class rare earths and niobium resource with sustainable mining at its core.

Magnum Mining & Exploration has launched a two-rig drilling campaign at its high-grade Feirinha Rare Earth Element Prospect in Brazil, aiming to unlock a potentially low-cost REE discovery. Initial metallurgical tests suggest promising recoverability of these critical minerals.

Core Energy Minerals Ltd has struck a binding deal to acquire the Itambe Rare Earth Project from Rio Tinto, unlocking a district-scale opportunity in Brazil with soil assays revealing rare earth oxide concentrations exceeding 5,000ppm.

Axel REE Limited reveals a substantial inferred resource at its Caladão Project, advancing plans for in situ recovery trial mining in 2026 to produce rare earth and gallium products. The company’s low-cost, environmentally conscious approach positions it well within Brazil’s Lithium Valley mining hub.

Perpetual Resources has reported exceptional maiden drilling results at its Igrejinha Project in Brazil’s Lithium Valley, confirming a polymetallic system rich in lithium, caesium, tin, tungsten, and tantalum. A recent $1.6 million capital raise bolsters its exploration momentum.

Centaurus Metals has achieved a major milestone with the granting of the Jaguar Nickel Sulphide Project mining lease and reported promising new copper-gold discoveries at its Boi Novo project, underpinning its growth ambitions in Brazil.

Resouro Strategic Metals has completed a $3 million private placement, attracting strategic investor Jose Luis Manzano to support its Tiros Titanium-Rare Earths Project in Brazil.