Latest Brazil News

Magnum Mining and Exploration Limited has announced a pro-rata non-renounceable entitlement offer to raise up to $1.94 million, aiming to fund exploration at its Palmares and Buena Vista projects. The offer includes new shares and free options, presenting both opportunity and dilution risks for shareholders.

Viridis Mining and Minerals has raised A$3.5 million through a placement to fund critical development milestones for its Colossus Rare Earth Element project, following a major resource upgrade.

Perpetual Resources has uncovered a fourth pegmatite trend at its Isabella Lithium Project in Brazil, significantly broadening the scope for high-grade spodumene mineralisation. With drilling approvals secured, the company is poised to advance exploration in one of Lithium Valley's most promising areas.

Centaurus Metals’ Jaguar Nickel Sulphide Project has been selected to join Brazil’s Climate and Ecological Transformation Investment Platform, opening access to a substantial capital pool aimed at supporting sustainable development and decarbonisation.

St George Mining Limited progresses its strategic acquisition of the Araxá Niobium-REE Project while reporting promising exploration results across multiple Australian projects, underpinning its critical metals ambitions.

Equinox Resources reports robust quarterly progress across its global portfolio, highlighted by exceptional drill results at Mata da Corda and Alturas, underpinned by a solid $2.2 million cash position.

Adelong Gold Limited's December 2024 quarterly report reveals promising new drill targets near the Adelong Mill and a binding farm-in agreement with Great Divide Mining to accelerate gold production.

Bayan Mining and Minerals advances its exploration footprint with 158 new claims in Nevada, completes key desktop studies, and strategically withdraws from its Canadian Tango Lithium Project.

Tombador Iron Limited reports a modest cash increase and ongoing progress toward acquiring the Colomi Iron Project in Brazil, while managing royalty income from its sold Tombador project.

PVW Resources has made significant progress in its Brazilian rare earths exploration at the Capão Bonito project, while also announcing the appointment of Lucas Stanfield as its new CEO. The company continues to focus on critical minerals and gold projects across multiple jurisdictions.

Alvo Minerals reports a 7.2Mt copper-equivalent resource at Palma and promising rare earth element drill results at Ipora, while launching a contracting division to offset costs.

Ionic Rare Earths reports strong progress on its Belfast rare earth oxide recycling facility, backed by a robust feasibility study and UK government grant applications, alongside strategic developments in Brazil and Uganda.