Latest Brazil News

St George Mining has formally begun environmental permitting for its Araxá Project in Brazil, submitting key assessments to Minas Gerais regulators as it moves toward developing a rare earths and niobium mine.

Enova Mining delivers promising metallurgical results from its Poços de Caldas project, revealing neodymium-praseodymium recoveries up to 79% and confirming high-grade near-surface rare earth mineralisation.

Resouro Strategic Metals reported a $1.01 million loss for Q1 2026 while advancing its Tiros Rare Earths and Titanium Project with a robust Preliminary Economic Assessment and closed a $2.5 million private placement.

Eminence Minerals has lodged exploration licence applications for a nearly 3,700-hectare rare earths project in southern Bahia, Brazil, positioning itself alongside major peer IMC Rare Earths in a promising district. The company plans a measured exploration approach amid technical uncertainties around the underlying geology.

Alvo Minerals has secured 100% mineral rights over a 575-hectare tenement contiguous with its Bluebush Heavy Rare Earth Element project in Brazil, expanding its footprint along the northern Serra Dourada HREE province and consolidating the Boa Vista prospect area.

PLS Group Limited delivered a robust FY26 with record lithium production, strong cash flow, and progress on key expansions including the Ngungaju Plant restart and P2000 feasibility study.

Viridis Mining and Minerals completes a Definitive Feasibility Study for its Colossus Rare Earth Project, confirming strong economics and project readiness, while securing $120 million in equity funding to advance into execution.

Goodman Group delivered a robust FY2026 result, with statutory profit soaring 66.7% to $2.78 billion and operating profit rising 15.7%. The industrial and logistics property giant maintained steady dividends amid portfolio expansion and increased gearing.

Magnum Mining has completed nearly 7,000m of drilling at its Piracanjuba North rare earth project, expanding its footprint ahead of a planned November resource estimate, while assay results from Palmares await interpretation amid a strategic portfolio review.

Lycopodium Limited reported a solid FY26 with $377.5 million revenue, a slight profit dip, and a 69% dividend hike, while setting sights on accelerated growth in the Americas.

Brazilian Rare Earths (ASX: BRE) has unveiled a scoping study for its Monte Alto and Camaçari project in Bahia, Brazil, showcasing ultra-high grades and robust economics with a post-tax NPV8 of US$6 billion and a rapid 1.1-year payback.

Eminence Minerals is ramping up its Campo Grande drilling campaign in Brazil, adding two fresh high-priority targets to test rare earth and bauxite-gallium mineralisation models, while awaiting assay results from earlier drilling phases.