Latest Chile News

Cobre Limited has secured A$60 million to acquire a majority stake in the Sierra Atacama Copper Project in Chile, positioning itself as a significant copper producer with strong expansion potential.

South32 Limited reported a 29% rise in profit for the half year ended December 2025, driven by higher base and precious metals prices and solid operational performance. The company declared a fully-franked interim dividend and maintained its FY26 production guidance, while advancing key projects and managing portfolio transitions.

Kingsgate Consolidated capped a transformational 2025 with a 344% share price surge and strong cash position, setting ambitious production and exploration targets for 2026.

FMR Resources has commenced drilling at Target K within the Southern Porphyry zone of the Llahuin Project JV, aiming to unlock new copper-gold-molybdenum mineralisation. This step follows detailed integration of geological and geophysical data refining the exploration focus.

FMR Resources has started drilling at Target K within the Southern Porphyry system of its Llahuin Project JV in Chile, aiming to test a key 500-metre corridor between previous targets. This move follows detailed integration of geological and geophysical data refining the exploration model.

Eagle Mountain Mining has reached a key milestone as Nittetsu completes due diligence on the Oracle Ridge copper project, moving closer to signing a joint venture agreement expected in April 2026.

Andean Silver reports robust drilling results at its Cerro Bayo Silver-Gold Project in Chile, revealing significant mineralisation expansions and upgrades ahead of a resource update. The findings underpin ongoing restart studies and feasibility work, supported by strong funding and rising precious metals prices.

Tesoro Gold has reported exceptional high-grade gold intercepts 400 metres below the existing open pit at its Ternera Gold Deposit in Chile, signalling potential for a significantly longer mine life and an imminent resource upgrade.

Capstone Copper has resolved a significant labour dispute at its Mantoverde mine in Chile, ratifying a new three-year agreement that ends a strike and sets the stage for a return to full operations.

Flagship Minerals’ ASTER remote sensing survey at the Pantanillo Gold Project reveals extensive alteration zones indicative of large-scale epithermal-porphyry gold systems, setting the stage for a significant resource upgrade.

Hot Chili Limited has raised A$40 million through a heavily oversubscribed private placement to accelerate the development of its La Verde copper-gold discovery within the Costa Fuego project in Chile. The funding will support expanded feasibility studies, environmental approvals, and further drilling aimed at defining a higher-grade starter pit.

FMR Resources has extended its latest diamond drillhole at the Llahuin Project’s Target C, intersecting visual copper and molybdenum mineralisation linked to a key geophysical anomaly. This marks a promising step towards pinpointing the core of a significant porphyry copper-gold-molybdenum system.