High-grade rare earth intercepts at Rare Earths Americas’ 100%-owned Homer project in Brazil’s Goiás Alkaline province include multiple near-surface intervals above 2,000 ppm TREO over >10 m within clay-hosted soil and saprolite profiles. A fully funded US$5 million, 15,000 m reverse circulation and diamond drilling programme, now running four rigs, has already drilled 6,500 m and confirmed mineralisation across ~2.15 km², less than 7% of the 35 km² ring-shaped magnetic anomaly. Assays show heavy rare earth enrichment with HREO >30% of TREO, NdPr >25%, Dy+Tb >2%, plus niobium, tantalum and notable scandium requiring metallurgical evaluation.

BHP has suspended all operational activities at the Escondida copper mine in Chile’s Antofagasta region after a worker was killed during maintenance involving a front-end loader, with Chile’s Sernageomin deploying a regional investigation team to site. The fatality comes as BHP, which holds a 57.5% stake in Escondida alongside Rio Tinto’s 30%, is in contract negotiations with mine workers, with a vote due by the end of September. Any prolonged shutdown or subsequent strike could materially disrupt output at the world’s largest copper mine.

Glencore has halted rail operations at its Cerrejón coal mine in Colombia after explosives hit its 150 km railway near Uribia, La Guajira, damaging a train in the sixth attack on the corridor this year. The mine itself, one of the world’s largest open pits with 2025 output of 16.8 million tonnes, continues operating while the National Army secures the line and engineers await access for damage assessment. Prolonged repairs could again choke inbound supplies and coal exports via Puerto Bolívar, exposing the operation’s heavy reliance on a single transport corridor.