Latest Brazil News

Hawk Resources has kicked off drilling at its Cactus copper-gold project in Utah, targeting a significant geophysical anomaly extension, while advancing access negotiations for its promising Olympus scandium project in Western Australia.

Core Energy Minerals has expanded its rare earth element portfolio with the acquisition of the Itambe Project from Rio Tinto and reported promising exploration results at its Tunas Project in Brazil, supported by a $2.75 million capital raise.

Alvo Minerals has confirmed significant copper, zinc, silver, lead, and gold mineralisation at its newly discovered Touro Prospect within the Palma Copper-Zinc Project in Brazil, supported by strong drilling results and a recent $2.2 million capital raise.

Atomic Eagle Limited has announced a substantial uranium exploration target at its Muntanga Project in Zambia, supported by promising drilling results that suggest significant resource expansion potential.

Terragen Holdings reports a strong quarter with an 87% increase in sales of its ruminant probiotic and advances key livestock and crop trials, positioning itself for expanded market access.

Power Minerals has commenced a significant 10,000m reverse circulation drilling program at its Santa Anna Project in Brazil, aiming to expand and deepen the footprint of high-grade niobium and rare earth elements mineralisation. Results are anticipated by late March 2026.

Patagonia Lithium reported promising lithium assay results from ongoing drilling in Argentina and has secured a strategic funding partnership to support its next development phase.

Lightning Minerals has confirmed extensive gold and base metal mineralisation along a 12km strike at its Mt Turner Project, Queensland, following a successful inaugural drill program. The company secured A$2.5 million to fund an ambitious Phase 2 drilling campaign set for early 2026.

Magnum Mining & Exploration has accelerated its rare earth elements (REE) exploration with new drilling programs in Brazil and the acquisition of the Wet Mountains REE Project in Colorado, backed by a $7 million capital raise.

Fluence Corporation Limited reported a positive net operating cash flow of US$3.824 million for the December 2025 quarter, ending with a strong cash position of US$16.64 million. The company’s disciplined spending and financing activities underpin its stable liquidity outlook.

Oceana Metals Limited has completed trenching at its Solonopole Project in Brazil and is progressing technical reviews of its Australian assets, while a strategic rebrand and board refresh signal a new phase for the company.

PLS Group Limited posted a robust December Quarter FY26 with a 49% revenue jump driven by higher sales volumes and improved lithium prices, while strategically reviewing growth projects amid evolving market conditions.