Latest South America News

Austin Engineering has renegotiated its Chile OEM contract, ending losses and setting the stage for profitability and operational turnaround in South America.

Power Minerals has appointed Alistair Stephens, a seasoned rare earths executive, as CEO to spearhead development of its South American critical minerals projects. Stephens brings decades of leadership experience and a proven track record in scaling rare earth ventures.

Aguia Resources has secured key mining concessions in Brazil, setting the stage for operational licensing and commissioning of its Tres Estradas phosphate mine by April 2026.

St George Mining has formed a strategic alliance with Brazilian nanotechnology firm Nanum Nanotecnologia to enhance the processing and commercialisation of rare earth elements from its Araxá Project, aiming to upgrade high-value magnet and heavy rare earth concentrations.

St George Mining reports outstanding assay results from 16 new diamond drill holes at its Araxá Rare Earths and Niobium Project, confirming thick, high-grade mineralisation from surface and reinforcing its status as South America's largest carbonatite-hosted rare earth resource.

DPM Metals has lodged a detailed technical report updating the Mineral Resource and Reserve estimates for its Chelopech mine in Bulgaria, underpinning its strategic growth plans.

Aurora Energy Metals has appointed seasoned geologist Aidan Platel as Managing Director and CEO, alongside Warren Hallam as Non-Executive Chair, marking a strategic leadership transition after divesting its uranium project.

Vmoto Limited reported an 18% revenue decline to $46.8 million and a $9.9 million net loss in FY25, while accelerating its transformation into a full-stack electric mobility solutions provider with new global partnerships and product innovations.

Senetas Corporation reported a reduced half-year loss with stable revenue, despite export permit delays in the Middle East. The company’s strategic alliance with Nokia and ongoing sovereign encryption developments underpin a positive outlook for FY2026.

Sea Forest Limited has reported a remarkable 236% increase in SeaFeed revenue for the first half of 2026, surpassing breakeven cattle commitments and securing new international partnerships.

Chrysos Corporation Limited reported a robust 1H FY26 with revenue up 49% and EBITDA soaring 152%, driven by expanding adoption of its PhotonAssay technology and strategic global deployments.

Hot Chili Limited advances its Costa Fuego copper-gold project with a significant new porphyry discovery at La Verde, delivering strong drill results and robust financial metrics from its Preliminary Feasibility Study. The company also secures strategic water and power infrastructure, positioning itself as a leading independent copper developer.