Latest Chile News

Vita Resources has secured a pivotal recommendation from Yukon authorities to proceed with a five-year exploration program at its ICE Copper-Gold Project, marking a significant step forward in its Canadian mining ambitions.

Austin Engineering has renegotiated its Chile OEM contract, ending losses and setting the stage for profitability and operational turnaround in South America.

Tesoro Gold Limited has expanded the El Zorro Gold Project’s known gold corridor by 10 kilometres following a high-resolution helicopter survey and soil sampling, revealing multiple new drill targets across a 40km structural corridor in Chile.

Culpeo Minerals has restructured its payment schedule for the Lana Corina copper-molybdenum project, easing near-term cash demands while maintaining its path to majority ownership. Progress on community access agreements signals a return to drilling activities in early Q2 2026.

Freehill Mining reports a temporary dip in aggregates sales amid plant refurbishment but anticipates a strong rebound with new equipment and ongoing copper-gold project development.

Lodestar Minerals has intersected visible copper sulphides in its first diamond drill hole at the Three Saints project in Chile, hinting at a potentially significant IOCG-style mineralised system. Assay results are pending, with further drilling planned to explore the extent of mineralisation.

Marimaca Copper reports significant high-grade copper and silver intersections from step-out drilling at Pampa Medina, setting the stage for a major 2026 drilling expansion.

Freehill Mining has successfully defended itself in a Chilean labor court, with all claims dismissed related to a fatal accident at its Yerbas Buenas Project. The ruling marks a significant legal resolution for the company amid ongoing safety commitments.

Lodestar Minerals has secured a major drilling contract to advance its Ned’s Creek Gold Project towards a maiden resource estimate in 2026, targeting key prospects with a 10,000-metre program.

Advanced Innergy Holdings Ltd (AIH) has acquired Imenco Aqua AS, enhancing its marine technology platform with patented aquaculture solutions and recurring revenue streams in key global markets.

Freehill Mining has raised $1.5 million through a discounted share placement to fund exploration of copper-gold projects in Chile and expand its processing capacity.

Austral Gold Limited has reported a return to profitability in FY25, driven by the reopening of its Casposo Mine and a significant increase in gold equivalent production. The company also strengthened its balance sheet through a successful private placement and equity investments.