Latest Chile News

Tesoro Gold’s latest metallurgical testwork at the Ternera Gold Deposit reveals over 95% gold recovery using a simple, low-cost cyanide process, reinforcing the project’s economic potential and sustainable water use.

Austral Gold Limited reported a net loss of US$1.3 million for the first half of 2025, while completing refurbishment of its Casposo plant to diversify production. Despite operational challenges and increased costs, the company leans on shareholder support and strategic investments to manage liquidity pressures.

Cosmos Exploration’s optioned entity, EAU Lithium, has agreed to acquire a fully constructed pilot plant from Vulcan Energy Resources to advance lithium extraction testing in Bolivia. This move strengthens Cosmos’ strategic foothold in one of the world’s most promising lithium regions.

BetMakers Technology Group reported a 10.6% revenue decline to $85.1 million for FY25 but achieved positive adjusted EBITDA and operating cash flow for the first time, signaling a strategic turnaround.

Thorney Opportunities Ltd posted a sharp 76% decline in profit after tax for FY2025 yet declared a higher fully franked final dividend and reported growth in net tangible assets per share.

Flagship Minerals has secured a comprehensive historical exploration dataset from Anglo American for its Pantanillo Gold Project, positioning the company to fast-track resource development and potentially expand its gold inventory without immediate drilling.

FMR Resources has awarded a drilling contract to Big Bear Drilling for a maiden 4,000-metre diamond drilling campaign targeting a large copper porphyry system in Chile’s Llahuin Project. The program aims to unlock the potential of four high-priority targets using advanced directional drilling techniques.

FMR Resources has awarded a drilling contract to Big Bear Drilling for a 4,000-metre maiden diamond drilling campaign targeting a large copper porphyry system at its Llahuin Project in Chile. The program aims to unlock the potential of four high-priority targets using advanced directional drilling techniques.

Austin Engineering reported a robust 22.2% revenue increase in FY25, driven by a strong North American expansion and improved margins in Asia Pacific. Despite some operational challenges in Chile, the company’s underlying profits soared, setting a confident tone for FY26.

Marimaca Copper Corp. has released a Definitive Feasibility Study for its Marimaca Oxide Deposit in Chile, highlighting a robust 13-year mine life, low capital intensity, and strong financial returns. The study confirms a maiden ore reserve and positions the project as a competitive copper producer with advanced permitting and financing underway.

29Metals Limited has reversed a significant loss to report a $35.3 million net profit for the first half of 2025, driven by stronger production at Golden Grove and improved metal prices, while Capricorn Copper remains suspended amid ongoing water and regulatory challenges.

LinQ Minerals has identified compelling geochemical and geophysical indicators of a significant porphyry copper-gold system just north of its Gidginbung resource in New South Wales, setting the stage for a new phase of exploration.