Latest Brazil News

Centaurus Metals has achieved a breakthrough with a 34% nickel concentrate from its Jaguar Project pilot plant, promising substantial cost savings and enhanced market appeal. This development is set to reshape the project's economics and strategic partnerships.

Power Minerals reports strong progress in its maiden diamond drilling program at the Niobio Project in Brazil, successfully intercepting targeted pegmatite zones and validating its exploration model. Results are anticipated in Q1 2025, while the company withdraws from the Tântalo Project due to licensing challenges.

Brazilian Rare Earths Limited reports unprecedented ultra-high-grade rare earths results from its Monte Alto Project in Bahia, Brazil, confirming both scale and continuity of mineralisation. The company is poised to update its JORC resource estimate in Q2 2025 amid promising district-scale exploration potential.

Core Energy Minerals has entered staged option agreements to acquire up to 100% interests in the Cummins and Harris Greenstone uranium projects, expanding its footprint in South Australia's premier uranium mining jurisdiction.

BHP has reported a robust 10% increase in copper production for the half year ended December 2024, driven by record output at Escondida and strong performances across key assets. Despite a weather-related setback in South Australia, the company remains on track to meet FY25 guidance while advancing major growth projects and sustainability initiatives.

Brazilian Critical Minerals Limited reports strong assay results from its 2024 drilling program at the Ema project, confirming widespread high-grade rare earth mineralisation ideal for in-situ recovery mining.

Gold Mountain Limited has outlined a strategic 14-hole drilling campaign targeting high-priority lithium anomalies in Brazil’s Bananal Valley, following comprehensive soil sampling and mapping at its Salinas II Project.

St George Mining has inked a pivotal Memorandum of Understanding with steel giant Liaoning Fangda Group, setting the stage for collaborative development and offtake of its high-grade Araxá niobium-REE project in Brazil.

Brazilian Critical Minerals has released an updated Mineral Resource Estimate for its Ema rare earth project in Brazil, defining a robust 350Mt starter zone at 778ppm TREO. This milestone underpins the imminent Scoping Study and signals promising economic potential for the project.

Skylark Minerals has confirmed highly favourable geology for base metal mineralisation at its Narongo Prospect within the Captains Flat Project, identifying new drill targets and planning further exploration activities for 2025.