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Company News
Aguia Resources advances Brazilian phosphate strategy with key processing plant lease
Aguia Resources (ASX: AGR) has finalised an opportunity to quickly bring its Brazilian phosphate assets to market through a local fertiliser plant. The company has signed a 10-year lease agreement with local firm Dagoberto Barcelos (DB) to lease an existing fertiliser plant located approximately 110 kilometres from the Aguia-operated Três Estradas phosphate mine site in […]
Brazil’s rare earths industry working hard to overtake China’s dominance, ASX explorers poised to benefit
Mining heavyweight Brazil is working hard to overtake China as the world’s dominant source of rare earth elements (REE) production and processing. The Latin American nation’s rare earths mining industry has just started to gain momentum despite having been a major mining destination for decades. Established mining industry regulations and lower labour costs compared to […]
Market wrap: Santa Claus rally gets market close to record high
The Australian share market continued to hover close to a record high before the Christmas break after an extraordinary Santa Claus rally over November and December. The ASX 200 index is now only around 120 points or 1.6% below the record high set in 2021 after rallying an impressive 9.8% during November and December. It […]
Aguia Resources eyes cash flow opportunities with takeover of Andean Mining
Aguia Resources (ASX: AGR) has signed an agreement with South American precious and base metals developer Andean Mining in an off-market takeover offer to acquire what it believes is a near-term cash flow opportunity. Andean Mining has a portfolio of 100%-owned, high-grade Colombian gold, silver and copper projects including the Santa Barbara gold mine and […]
Aguia Resources dusts off old drill results, confirms rare earths in Brazil
Aguia Resources (ASX: AGR) reports that drilling in 2011 at its advanced Tres Estradas phosphate project in Brazil also intercepted rare earth elements (REE). The REE results are from only one of six known carbonatites within the company’s tenements. While the phosphate development remains its top priority, Aguia plans to begin exploration and assessment of […]
Aguia Resources discovers Cota copper prospect in underexplored southern Brazil
Brazilian-focused explorer Aguia Resources (ASX: AGR) has unearthed high-grade copper during an initial scout sampling program at the Cota prospect – bringing the company’s total targets in the country’s southern-most region to 11. Copper exploration along Brazil’s Rio Grande copper belt identified Cota, which is 35km away from Aguia’s Andrade copper project. Initial rock samples […]
Aguia Resources confirms robust economics for Três Estradas organic phosphate project
A bankable feasibility study (BFS) for the Três Estradas organic phosphate project in southern Brazil has confirmed robust economics for owner Aguia Resources (ASX: AGR). The estimated capital expenditure to get the project off the ground is $26.2 million. This is based on the production of an organic phosphate fertiliser by the open pit mining […]
Aguia Resources releases ‘sizeable’ resource for Brazilian green metallic copper project
Infill drilling and geological modelling at Aguia Resources’ (ASX: AGR) metallic green copper project in Brazil has produced what the company describes as a “sizeable” measured and indicated mineral resource estimate. The estimate sits at 22.6 million tonnes grading 0.43% copper and 2.11 grams per tonne silver, plus an inferred total of 3Mt at 0.43% […]
Aguia Resources’ phosphate fertiliser excels in wheat crop testing
Agronomic testing of Aguia Resources’ (ASX: AGR) organic phosphate fertiliser Pampafos has exceeded the productivity rates of conventional chemical fertilisers on batch testing of wheat crops in Brazil. The company confirmed the fertiliser — which is grown at its phosphate project in southern Brazil — was applied to wheat crops on a private property at […]
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