Latest South America News

SRJ Technologies has transitioned from contract awards to operational delivery in the Middle East, supported by a recent A$2.57 million capital raise and a strategic partnership with robotics OEM Nexxis.

Solis Minerals has secured a strategic lithium asset in Brazil's Araçuaí–Salinas Lithium Valley and initiated drilling at Mandacaru, while advancing copper projects in Peru with fresh capital backing.

St George Mining has delivered its most impressive drill results yet at the Araxá Rare Earths and Niobium Project, revealing a new record intercept of 207 metres of continuous high-grade mineralisation from surface. These findings bolster the case for a straightforward open-pit operation and reinforce Araxá’s status as South America’s largest, highest-grade carbonatite-hosted rare earth resource.

Condor Energy has completed its Technical Evaluation Agreement work early, consolidated full ownership of TEA 86 offshore Peru, and submitted for licence conversion, positioning itself for exploration and gas commercialisation.

BHP delivered record iron ore volumes and stable copper production of around 2 million tonnes in FY26, underpinned by disciplined cost control and a robust growth pipeline including the Ministers North project.

Freehill Mining has signed a non-binding MOU with Austral Gold to fast-track copper and copper-gold project development in Chile, leveraging Austral’s operational expertise to boost Freehill’s strategic growth.

Tesoro Gold has accelerated its Definitive Feasibility Study and development readiness for the 1.82Moz Ternera deposit, forming strategic alliances and advancing financing plans.

Asara Resources has adjusted its $60 million institutional placement after Barbet LLC FZ reduced its subscription significantly, with the balance placed to other investors to keep the raise on track. The funds will accelerate drilling and development at the Kada Gold Project in Guinea.

EAU Lithium has committed to acquiring Vulcan's proven A-DLE Pilot Plant 4 from Germany, strengthening its capacity to optimise lithium extraction from Bolivian brines and supporting strategic deployment of VULSORB® technology.

Anson Resources and POSCO Holdings have inked a binding agreement for POSCO to design and operate a $7.2 million Direct Lithium Extraction demonstration plant at the Green River Lithium Project in Utah, aiming to validate proprietary lithium extraction technology and strengthen U.S. battery supply chains.

Boresight Ltd (ASX: BST) is seeking to raise $8 million through a public offer to expand its cost-effective military drone manufacturing, targeting growth in the US and European markets.

Pacific Edge has secured NZ$36.1 million through a combination of a NZ$25.4 million placement and a significantly oversubscribed retail offer, reinforcing its strategic position to expand the Cxbladder cancer diagnostic platform.