Latest South America News

Senetas Corporation has landed a landmark US$1.7 million deal with a new South American government client, marking its biggest virtual encryption sale and expanding its global footprint. The company also finalised a delayed Middle East transaction, collectively boosting FY2026 profit expectations.

Power Minerals has completed due diligence on the Morro do Ferro rare earths project in Brazil, revealing exceptional magnetic rare earth oxide grades that underpin plans to finalise acquisition and ramp up exploration.

Condor Energy has agreed to acquire Jaguar Exploration’s 20% stake in the TEA 86 offshore Peru project, moving to full ownership. The deal, structured through performance shares, aims to simplify equity and support licence conversion and future partnerships.

Power Minerals Limited (ASX: PNN) has revealed outstanding concentrations of magnetic rare earth oxides (MREO) at its Morro do Ferro Project in Brazil, highlighting high-grade drill results that could shape the project's economic potential.

Perpetual Resources has secured a significant tungsten exploration package in Brazil’s Seridó Mineral Province, aiming to capitalise on rising demand for this critical mineral amid global supply constraints.

St George Mining has partnered with Spain’s Tecnicas Reunidas to test advanced processing technology on its Araxá rare earths, aiming to unlock European markets alongside existing US and Brazilian alliances.

Eden Innovations reports robust expansion of its EdenCrete® concrete additives in North and South America, driven by new contracts with major ready-mix concrete producers. The company’s low-carbon products are gaining traction amid growing sustainability demands.

Recce Pharmaceuticals has expanded its intellectual property footprint with a newly granted patent in Brazil, protecting its innovative synthetic anti-infectives against a broad range of infections. This milestone strengthens Recce’s position in one of South America’s largest antibiotic markets.

Power Minerals has signed a non-binding Term Sheet with Summit Explore to jointly develop the Salta Lithium Project in Argentina, aiming to deploy cutting-edge direct lithium extraction technology across multiple salars.

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.