Kilambi News
Wednesday, October 7, 2026

Latin America

From São Paulo to Mexico City.

Tuesday, October 6, 2026

Politics · Latin America, Middle East

Treasury clears legacy sanctions entries in third delisting round

Treasury's October 5 third round of sanctions removals and updates cleared a long tail of stale Saddam-era Iraq entries and legacy Colombia narcotics designations from OFAC's list, alongside an Iran-related alert and an amended FAQ.

Mining · Latin America

September mining financings tumble 90% to $765 million

Tracked mining financings fell nearly 90 percent year over year to $765 million in September, down 78 percent from August, in The Northern Miner's monthly ranking.

Mining · Latin America, North America

Discovery silver clears Mexico hurdle with key permits

Discovery Mining received two key environmental and land-use permits from the Mexican government for its Cordero silver project, advancing it toward development.

Mining · Latin America

Also notable: nickel records, drill hits and buybacks

Atlantic Nickel set monthly production records, 1911 Gold extended its Manitoba zones, Greenland Mines authorized a $20 million buyback, and Cambria set a Q4 2027 restart target for Premier.

Mining · Latin America

Sigma Lithium halts Brazilian mine on court-ordered licence suspension

Sigma Lithium halted all mining and processing at Grota do Cirilo on September 30 after a federal court injunction suspended the operation's environmental licences.

Mining · Latin America

Glencore's $4 billion MARA copper project wins Argentina incentive approval

Glencore secured Argentina RIGI approval for the $4 billion MARA copper project in Catamarca, cutting its tax rate to 25 percent from 35 percent.

Monday, October 5, 2026

Rates · Latin America, North America · Updated 8:17 PM

Brazil first round reprices Selic expectations

Flávio Bolsonaro's first-round win has Brazil's rates market repricing around two scenarios: Lula's promised debt ceiling with public debt above 82 percent of GDP, or a Bolsonaro presidency aligned with Washington's tariff architecture.

Commodities · Asia-Pacific, Latin America

Sugar extends rally to fresh 52-week high

March raw sugar settled at 20.78 cents a pound on Monday, up 0.85 cents or 4.3 percent, after touching 20.81 cents intraday, a fresh 52-week high that extended Friday's 17-month-high close at 19.93 cents.

Mining · Asia-Pacific, Latin America

POSCO takes stake in MinRes lithium arm

Mineral Resources agreed to sell a minority interest in a new joint venture housing its lithium stakes to South Korea's POSCO for a substantial cash sum, with proceeds earmarked for debt reduction.

Mining · Asia-Pacific, Latin America

Lynas bids A$968m for Brazil rare earths

Lynas Rare Earths agreed October 1 to acquire Meteoric Resources in an all-share scheme valued at about A$968 million, securing Brazil's Caldeira ionic-clay deposit and its 41,000 tonnes of heavy rare earth oxides.

Mining · Latin America, North America

Centinela workers edge toward first-ever Antofagasta strike

Three days of mandatory mediation at Antofagasta Minerals' Centinela copper mine in Chile ended with no progress, and two unions representing more than 700 workers could strike from October 7.

Sunday, October 4, 2026

Politics · Latin America, North America

Brazil votes today in first round of tight presidential race

Final polls put Lula at 42 percent and Flavio Bolsonaro at 40 percent, with a runoff on October 25 near-certain and statistically tied.

Rates · Latin America

Brazil votes today as Copom's easing path meets election risk

First-round voting runs 7:00-16:00 ET today with Lula at 39% in the first round but the runoff statistically tied.