Latest Brazil News

Enova Mining reports multiple high-grade titanium dioxide intercepts exceeding 15% TiO2 at its CODA North project, reinforcing the site's multi-commodity potential and rare earth mineralisation prospects.

Power Minerals has completed its initial diamond drilling phase at the Niobio Project in Brazil, intersecting pegmatites in all 10 holes with some exceeding 30 metres in thickness. Assay results expected in coming months will guide the next exploration steps.

BHP Group Limited reported a remarkable 376% increase in half-year profit despite an 8% revenue dip, driven by operational excellence and strategic investments in copper and potash. The company declared a lower interim dividend, signaling a balanced approach to shareholder returns and growth.

Memphasys has initiated clinical utility testing of its Felix™ System in Brazil through a partnership with Laboratorio Androscience, aiming to establish a foothold in the rapidly growing Latin American IVF sector.

Perpetual Resources has reported outstanding high-grade tin, tantalum, titanium, and niobium mineralisation from reconnaissance sampling at its Itinga Project in Brazil, revealing significant exploration upside in a historically underexplored region.

Bayan Mining and Minerals Limited has launched a focused field exploration program at its Pepita Gold Project in southern Brazil, aiming to refine high-priority drill targets based on a significant soil anomaly. This initiative positions the company to potentially follow up on promising regional gold discoveries nearby.

Brazilian Critical Minerals Limited has released the final assay results from its 2024 drilling program at the Ema project, revealing extended zones of high-grade rare earth mineralisation that underpin a robust resource update and upcoming scoping study.

Axel REE has engaged SRK Consulting and ANSTO to initiate a maiden Mineral Resource Estimate and metallurgical testing for rare earth elements and gallium at its flagship Caladão Project in Brazil, marking a pivotal step in developing one of the world’s few combined REE and gallium resources.

Australian Mines Limited reports robust assay results from its auger drilling campaign at the Jequie Rare Earth Element Project in Brazil, highlighting significant TREO concentrations and promising targets for further exploration.

Adelong Gold has acquired a 100% interest in the Apollo Gold Project in Victoria, unlocking significant high-grade gold exploration potential in a prolific region. The acquisition complements its existing portfolio and sets the stage for accelerated drilling and resource growth.

Ionic Rare Earths Limited has signed a non-binding MOU with South Korea's DNA Link to collaborate on rare earth magnet recycling and supply, marking a strategic push into Asia and the US markets.

Gold Mountain Limited has confirmed high-grade Rare Earth Oxide mineralisation from 56 drill holes at its Down Under REE Project in Brazil, highlighting significant potential for resource expansion and further exploration.