Latest Chile News

Freehill Mining Ltd reported a challenging quarter with significant cash outflows and limited liquidity, but anticipates revenue growth from its Chilean operations supported by a recent equity raise.

Austral Gold’s Q3 report reveals a sharp production drop at Guanaco following a fatal accident, prompting a downward revision of 2025 output and cost hikes, while Casposo’s refurbishment signals a new growth phase.

Flagship Minerals has secured a valuable historical dataset from Anglo, significantly advancing its Pantanillo Gold Project towards feasibility and construction, supported by a strategic EPC partnership and a recent $4 million capital raise.

Capstone Copper delivered a landmark Q3 2025 with record revenue, lowest-ever cash costs, and a strategic joint venture that derisks its Santo Domingo project. The company’s growth trajectory is bolstered by robust production gains and promising exploration results.

Norfolk Metals has kicked off its maiden drilling campaign at the Carmen Copper Project in Chile, backed by a A$3.5 million capital raise and the strategic appointment of mining veteran David Fowler to its board.

FMR Resources has commenced a 4,000m diamond drilling program at its newly acquired Chilean copper-gold-molybdenite project, supported by a $3.4 million capital raise and strategic board appointment.

Andean Silver Limited reports exceptional drilling results at its Cerro Bayo Project, boosting mineral resources by 340% since acquisition and securing A$30 million in capital to accelerate exploration and feasibility studies.

Asara Resources has completed a A$25 million placement to accelerate exploration at its flagship Kada Gold Project in Guinea, with initial drilling confirming high-grade gold continuity and new deeper mineralisation zones.

Culpeo Minerals has completed its maiden diamond drilling at the La Florida Prospect, revealing promising high-grade copper mineralisation and setting the stage for expanded exploration in Chile’s prolific Coastal Cordillera.

Norfolk Metals progresses its maiden drilling campaign at the Carmen Copper Project in Chile, completing 29 of 34 planned RC holes and identifying promising new targets in the Higueritas Belt. The company also initiates re-assay of historical drill core to validate high-grade copper and gold grades.

Hot Chili Limited has successfully raised A$14.1 million through a fully subscribed entitlement offer to advance its Costa Fuego copper-gold project in Chile, initiating a critical second phase of diamond drilling at the La Verde discovery.

Southern Hemisphere Mining has commenced its maiden drilling program at the Southern Porphyry target and updated its Llahuin Copper-Gold-Molybdenum Project resource to 218 million tonnes at 0.38% copper equivalent.