Latest Chile News

Hot Chili Limited expands its Costa Fuego copper-gold project with significant drilling success at La Verde, underpinning a strong Preliminary Feasibility Study and strategic water infrastructure plans.

Austral Gold lifted Guanaco production by 17% in Q2 2026, cut unit costs, and filed a new technical report extending mine life to 2040 with a US$192 million NPV. Toll processing at Casposo added US$5.9 million in fees, while exploration advanced in Chile and Argentina.

Actinogen Medical’s pivotal XanaMIA Alzheimer’s trial stays on track for November topline results, buoyed by strong open-label extension enrolment and aligned EMA-FDA regulatory advice. A new antidepressant study publication and fresh patents add momentum, supported by a $16.7 million cash runway to mid-2027.

Kingsgate Resources hit its FY26 production target with 86,078 ounces of gold and outperformed cost guidance, while advancing key assets and joining the ASX200.

Hot Chili Limited is accelerating development at its La Verde copper-gold deposit in Chile, reporting strong drilling results and securing an additional US$15 million via an amended royalty agreement with OR Royalties. The company is progressing environmental assessments and pre-feasibility studies for the broader Costa Fuego project while maintaining a robust cash position.

Pantera Minerals has solidified its position in the US antimony market with exceptional assay results at its Gillham Project, while its strategic investment in EnergyX has surged in value following a capital raise price increase.

Cobre Limited’s Sierra Atacama project delivers first consecutive positive operating cash flow months, while a major drilling program and $90 million capital raise set the stage for growth.

Andean Silver has boosted its Cerro Bayo silver-gold project Indicated Resource by 230%, reaching 60 million ounces silver equivalent, underpinning its push toward feasibility and production restart.

FMR Resources reports encouraging assay results from its maiden drill program at the Llahuin JV, revealing extensive copper-gold-molybdenum mineralisation. The company also progresses its acquisition of the La Lorena Project with high-grade rock chip samples and identifies multiple magnetic targets for follow-up.

Hot Chili Limited’s latest drilling at La Verde continues to reveal extensive near-surface copper-gold mineralisation, reinforcing its role as a cornerstone asset for the Costa Fuego project in Chile with a maiden resource estimate due later this year.

Cobre Limited deepens its footprint in Botswana’s Kalahari Copper Belt through a new partnership with Equinor to optimise in-situ copper recovery at Ngami, while drilling campaigns at Ngami and Okavango reinforce mineralisation continuity and highlight fresh exploration targets.

Austral Gold has unveiled a comprehensive 14-year life-of-mine plan for its Guanaco Mine in Chile, underpinned by a US$192.1 million after-tax NPV and robust mineral reserves.