Latest Brazil News

Centaurus Metals reports strong value engineering results for its Jaguar Nickel Sulphide Project, confirming a 15-year mine life and first quartile costs, while advancing exploration at Boi Novo and Jambreiro iron ore projects.

Ionic Rare Earths’ Brazilian joint venture, Viridion, has advanced to the next phase of securing a substantial US$900 million funding package from Brazilian government agencies to develop rare earth refining and recycling facilities.

Skylark Minerals reports solid progress in its Simon Copper and Perseverance Projects with ongoing fieldwork analysis, while maintaining a strong cash position and advancing gold asset acquisitions.

Viridis Mining and Minerals has locked in a strategic US$30 million equity funding partnership with leading Brazilian asset managers to accelerate its Colossus Rare Earth Project towards production.

Viridis Mining and Minerals has been selected by Brazil's BNDES and FINEP to receive significant funding under a US$903 million strategic minerals initiative, accelerating its Colossus rare earths project and downstream operations.

Brazilian Critical Minerals reports exceptional pilot field trial results at its Ema rare earth project, advancing permitting and feasibility studies while attracting strong market interest.

Summit Minerals appoints Dr Matthew Cobb as Managing Director and reports encouraging early metallurgical results from its Equador Niobium Project, underpinning a strategic refocus on its Brazilian exploration portfolio.

Oceana Lithium Limited advanced its lithium, uranium, and base metals exploration across Australia and Brazil in the June 2025 quarter, supported by a $667,000 capital raise and key board appointments.

St George Mining has raised A$5 million through a premium-priced placement to upscale its diamond drilling program at the Araxá Project, aiming to expand its globally significant rare earths and niobium resource.

Perpetual Resources has addressed ASX concerns over recent trading activity, attributing the surge to its latest drilling progress and positive market sentiment in Brazilian minerals.

Centaurus Metals has reported significant new high-grade copper-gold mineralisation at its Boi Novo Project in Brazil, including a newly discovered shallow zone at Nelore East with assays up to 11.5m at 2.84% copper and 0.90g/t gold. Drilling at Nelore West confirms continuity of mineralised breccia pipes, expanding the project's potential.

Karoon Energy reported a 25% jump in net revenue interest production for Q2 2025, driven by operational recovery and the Baúna FPSO acquisition. The company also advanced its Neon development with a significant resource upgrade.