Latest Peru News

AusQuest’s diamond drilling at the Cangallo project in Peru has more than doubled the known depth of copper mineralisation, revealing a large-scale porphyry system with promising near-surface enrichment.

Mammoth Minerals has expanded its Excelsior Gold-Silver Project in Nevada by 340%, staking 83.6 square kilometres rich with historic mineral occurrences. Early exploration and geophysical surveys are underway to unlock the potential of this strategically enlarged land package.

Australian Critical Minerals has appointed geologist Allister Caird as a Non-Executive Director, alongside key leadership shifts including Dean DeLargie's move to Executive Chairman. These changes underscore the company’s strategic push in critical minerals exploration across Australia and Peru.

Condor Energy has signed a non-binding MoU with Promigas Perú to jointly explore natural gas supply and distribution opportunities from the Piedra Redonda gas field, aiming to unlock value in northern Peru’s energy market.

Strike Resources advances its high-grade Apurímac Iron Ore Project amid political upheaval in Peru, while its Lithium Energy stake pushes forward with key acquisitions and exploration despite ASX suspension.

Altair Minerals has acquired a controlling interest in the expansive Greater Oko gold project in Guyana, positioning itself as the country’s leading gold explorer. The company has initiated a large-scale geochemical program and plans drilling campaigns to unlock the project’s significant potential.

Solis Minerals reports encouraging assay results from its Peruvian copper-gold projects alongside a $5.9 million capital raise to accelerate exploration and acquisition activities.

Mammoth Minerals has completed key US gold project acquisitions and launched exploration drilling, backed by a $5 million capital raise and strategic board appointments.

IMEXHS Limited reported a 9% rise in Q3 FY25 revenue and a positive swing to $0.6m underlying EBITDA, reaffirming full-year guidance. Key contract wins and AI-driven efficiencies underpin margin gains despite political uncertainties in Colombia.

AusQuest Limited reports significant growth in copper-gold mineralisation at its Cangallo Project in Peru, alongside advancing multiple Australian base metal projects and maintaining a solid cash position.

Condor Energy secures a 12-month extension for its offshore Peru exploration block and validates the Piedra Redonda gas field as a key regional energy asset with multiple commercialisation options.

Australian Critical Minerals has completed a strategic acquisition of Circuit Resources, adding six multi-commodity projects in Peru and initiating exploration activities with drilling planned for late 2025.