Latest Brazil Mining Sector News

Gold Mountain Limited has reported significant extensions to its rare earth mineralisation at the Irajuba Down Under Project in Brazil, confirming high-grade total and magnet rare earth oxides and paving the way for resource drilling.

Liberty Metals has secured an option to acquire three strategically located critical mineral projects in Brazil, targeting high-purity rutile and rare earth elements. This move positions the company in a Tier 1 mining jurisdiction with promising exploration upside.

Brazilian Rare Earths Limited (ASX – BRE) has announced a maiden JORC-compliant Mineral Resource Estimate for its Amargosa Bauxite-Gallium Project in Bahia, Brazil, revealing a substantial deposit with high-quality bauxite and significant gallium content.

Magnum Mining & Exploration reports exceptional rare earth element recoveries from early leach tests at its Palmares REE Project in Brazil, highlighting strong potential for high-value magnet materials and a tier-one discovery.

Perpetual Resources’ maiden drilling at the Igrejinha Project confirms a fertile polymetallic lithium-caesium-tantalum system with grades surpassing global mining benchmarks. The discovery validates its strategic foothold in Brazil’s Lithium Valley and sets the stage for expanded exploration.

Power Minerals confirms a high-grade carbonatite hard rock intrusion at its Santa Anna Rare Earth Elements Project in Brazil, with promising grades and ongoing drilling aimed at defining a maiden resource estimate.

Brazilian Rare Earths Limited confirms a new high-grade rare earth district at Sulista, Bahia, with extensive mineralisation over 7 km strike and an exploration target of 12–18 Mt at 4–6% TREO. Ongoing drilling and geophysical surveys aim to advance towards maiden resource estimates.

Aguia Resources has updated its economic study for the Tres Estrades Rock Phosphate Project, reflecting a significant uplift in phosphate pricing and expanded production capacity that together enhance the project's financial outlook.

Enova Mining reports significant expansion of near-surface high-grade titanium, rare earth elements, and niobium mineralisation at its CODA Central Project in Brazil, highlighting the project's growing potential as a multi-commodity critical minerals source.

Australian Mines Limited has identified a new high-grade gold zone adjacent to the historical VG1 resource at its Boa Vista project in Brazil, signaling promising exploration potential ahead of planned drilling.

Centaurus Metals reports strong value engineering results for its Jaguar Nickel Sulphide Project, confirming a 15-year mine life and first quartile costs, while advancing exploration at Boi Novo and Jambreiro iron ore projects.

Viridis Mining and Minerals has been selected by Brazil's BNDES and FINEP to receive significant funding under a US$903 million strategic minerals initiative, accelerating its Colossus rare earths project and downstream operations.