Latest Chile News

Andean Silver Limited reports a significant 22% increase in silver equivalent ounces at its Cerro Bayo project, alongside progress on a production restart study and a successful A$30 million capital raise.

Asara Resources has kicked off Phase 1 drilling at its Massan Deposit in Guinea’s Kada Gold Project, while resolving a key legal dispute in Chile and maintaining a solid cash position of A$3.2 million.

Chariot Corporation has secured a 66.7% stake in one of Nigeria’s largest hard-rock lithium portfolios, backed by a A$1.6 million capital raise and a new working capital facility, marking a strategic move into the Africa–China lithium corridor.

Norfolk Metals has successfully raised $3.5 million in an oversubscribed placement to fund its maiden drilling program at the Carmen Copper Project in Chile, signaling strong investor confidence and a clear path toward resource definition.

Asara Resources has raised $25 million through a well-supported institutional placement to accelerate exploration at its promising Kada Gold Project in Guinea. The capital injection aims to expand drilling and resource growth over the next 12-18 months.

Great Southern Mining has commenced diamond drilling at its Edinburgh Park Project in northern Queensland, aiming to unlock large-scale gold-copper-silver mineralisation indicated by recent geophysical surveys. Funded by Gold Fields Ltd, this marks a pivotal step in advancing the project’s exploration potential.

Pantera Lithium Limited has agreed to sell its Smackover Lithium Project subsidiary to Energy Exploration Technologies Inc. for A$40 million, significantly strengthening its financial position and strategic exposure to U.S. lithium assets.

Tesoro Gold has reported promising drilling results expanding its Ternera gold resource and secured A$11.1 million in fresh capital, positioning the El Zorro project for accelerated development.

FMR Resources has secured a conditional joint venture for a major copper-gold project in Chile, appointed a new managing director, and raised $2.2 million, while progressing exploration in Canada’s rare earth elements sector.

Southern Hemisphere Mining has secured a $13 million farm-in deal with FMR Resources to drill its highly prospective Curiosity copper-gold target in Chile, while also expanding its footprint with new exploration licenses in Western Australia.

Culpeo Minerals has identified multiple zones of high-grade copper mineralisation across a 1.7km corridor at its La Florida Prospect in Chile, with drilling now underway to test these promising targets.

Andean Silver Limited has raised A$30 million through a well-supported placement, positioning the company to accelerate exploration and advance mining studies at its Cerro Bayo Silver-Gold Project in Chile.