Latest Chile News

Great Southern Mining has identified a second large-scale induced polarisation anomaly at its Edinburgh Park Project, highlighting promising potential for significant gold-copper mineralisation. Drilling is slated for mid-2025 following heritage and environmental clearances.

BHP Group Limited reported a remarkable 376% increase in half-year profit despite an 8% revenue dip, driven by operational excellence and strategic investments in copper and potash. The company declared a lower interim dividend, signaling a balanced approach to shareholder returns and growth.

Asara Resources has raised $2.3 million through a placement led by Barbet L.L.C FZ to advance exploration at its Kada Gold Project in Guinea, coinciding with the appointment of Matthew Sharples as CEO.

Andean Silver’s initial geophysical survey at Cerro Bayo reveals significant new exploration targets beneath shallow cover, pointing to substantial resource growth potential in this prolific Chilean silver-gold district.

Hot Chili Limited confirms a major copper-gold porphyry discovery at La Verde, Chile, with new drilling revealing extensive mineralisation and promising growth potential for its Costa Fuego project.

Southern Hemisphere Mining's 2024 drilling campaign at Llahuin in Chile reveals promising copper-gold grades and extends the Cerro-Ferro system strike, setting the stage for deeper exploration in 2025.

Cosmos Exploration has raised A$1.25 million through an oversubscribed placement to support its strategic option agreement to acquire EAU Lithium, positioning itself deeper in Bolivia’s lithium-rich Triangle.

Cosmos Exploration has taken a major step into the global lithium market by signing an exclusive option agreement to acquire EAU Lithium Pty Ltd, unlocking access to Bolivia’s vast lithium resources and pioneering advanced extraction technology.

Admiralty Resources NL reported a $395,000 net cash outflow from operating activities in the December 2024 quarter, alongside a substantial $2.54 million investment in exploration. The company ended the period with $2.44 million in cash and $678,000 in unused financing facilities, highlighting ongoing funding challenges.

Admiralty Resources NL has marked a significant production milestone at its Mariposa Iron Ore Project in Chile, securing a sales agreement for 80,000 tonnes of iron ore amid ongoing operational and environmental progress.

Flagship Minerals Limited has significantly expanded its Rosario Copper Project in Chile, revealing high-grade copper mineralisation and securing a $35 million equity investment to accelerate development.

Culpeo Minerals reports promising copper mineralisation results at its Fortuna Project and announces key leadership changes, positioning the company for an active 2025 exploration season.