Latest Brazil News

Alvo Minerals has terminated its planned acquisition of the Lavra Velha Gold Project after due diligence concerns, leading to the cancellation of a $2.93 million entitlement offer and the launch of a new discounted $1.6 million rights issue to fund ongoing exploration.

Aldoro Resources has announced assay results from diamond drilling at its Kameelburg project in Namibia, revealing a significant south-west extension that doubles the discovery footprint and delivers the highest grades to date.

AFT Pharmaceuticals has reported record revenue of NZD 208 million for FY25, driven by strong Australasian sales and a recovery in Asia and international markets. The company is targeting NZD 300 million in revenue by FY27, supported by an expanded R&D pipeline and ongoing geographic diversification.

Oceana Lithium Limited has successfully raised $667,000 through a discounted share placement, attracting strong support from institutional and high-net-worth investors. The funds will accelerate exploration and development across its Australian and Brazilian lithium assets.

Axel REE Limited's latest auger drilling results from Brazil's Poços de Caldas Caldera reveal significant high-grade rare earth mineralisation, expanding the footprint of its Caldas Project and underscoring its potential in the critical minerals sector.

Brazilian Rare Earths Limited has secured a strategic partnership with SENAI CIMATEC to co-develop a rare earths laboratory and pilot plant in Bahia, Brazil, backed by significant funding and aimed at advancing processing capabilities ahead of production.

Power Minerals Limited has entered a strategic partnership with Brazilian miner EDEM to advance the high-grade Santa Anna Niobium Carbonatite Project in Goiás, Brazil, aiming to accelerate exploration and development through shared expertise and cost efficiencies.

Manhattan Corporation Limited (ASX: MHC) unveils strategic advances across its high-grade gold, lithium, and uranium projects, highlighted by a farm-in joint venture with Novo Resources and key management appointments.

Great Divide Mining has confirmed the Challenger Gold Mine is ready for commissioning, marking a key step towards first gold production under the Adelong Venture Agreement.

Kincora Copper Limited reports a strategic pivot to a project generator model, unlocking over A$110 million in partner funding and advancing multiple copper-gold exploration projects across Australia and Mongolia.

PVW Resources reports promising assay results from its Capão Bonito rare earth project and expands exploration efforts across Brazil, bolstered by new metallurgical expertise.

Encounter Resources has announced its maiden inferred niobium mineral resource estimate at the Aileron project in Western Australia, marking a significant step in developing a critical minerals hub in the West Arunta region.