Latest South America Mining News

Clean TeQ Water has landed a significant A$19.2 million contract with Rio Tinto’s subsidiary for the Rincon Lithium Project in Argentina, marking its first major South American venture and a milestone in lithium refining technology.

Challenger Gold Limited advances its Hualilan Gold Project with commissioning of the Casposo Toll Milling plant and key operational contracts, while Ecuador projects gain value following Lumina Gold’s takeover. A $30 million placement strengthens funding for upcoming milestones.

Solis Minerals has entered a binding agreement to acquire up to 75% of the Cucho Copper Project in Peru, a large-scale porphyry system with promising historical drilling results and significant untested exploration targets. The company plans a 5,000-metre drilling program in 2026 aiming for a maiden resource estimate and economic assessment.

Austral Gold has resumed commercial production at its Casposo Mine in Argentina after completing a significant plant refurbishment, aiming to boost its output alongside operations in Chile.

Challenger Gold has completed a Pre-Feasibility Study for toll milling at its Hualilan Gold Project in Argentina, revealing strong economics with low upfront capital and rapid payback. The company also secured A$37.5 million in equity funding to advance development and strengthened legal protections for its Ecuador projects.

Power Minerals has received crucial environmental and hydrological approvals to begin drilling at its Pocitos Project in Argentina, a vital step toward establishing a lithium carbonate production hub in the Lithium Triangle.

Solis Minerals is set to delist from the TSX Venture Exchange, consolidating its primary listing on the ASX and planning a re-domiciliation to Australia to sharpen its focus on copper-gold exploration in Peru.

Power Minerals Limited has initiated a 2,000-metre drilling program at its Santa Anna niobium and rare earth elements project in Brazil, aiming to confirm and expand on promising earlier results as part of its due diligence for acquisition.

Solis Minerals has raised A$4.5 million to advance drilling at its copper-rich projects in southern Peru, confirming promising new copper-gold targets and appointing a seasoned CEO to lead exploration efforts.

Solis Minerals appoints Mitch Thomas as CEO, shifting Mike Parker to Technical Director, ahead of a major 2025 drilling campaign in Peru's copper-rich belt.

Belararox Limited has initiated drilling at its Malambo copper-gold porphyry target and is making steady progress at Tambo South, marking a pivotal phase in the Toro-Malambo-Tambo Project in Argentina.

Solis Minerals has confirmed extensive copper porphyry mineralisation at its Cinto Project in Peru, revealing promising assay results and advancing towards drilling in late 2025.