Latin America
From São Paulo to Mexico City.
Tuesday, October 6, 2026
Politics
· Latin America, Middle East
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
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 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
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 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 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
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
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
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 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
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
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
First-round voting runs 7:00-16:00 ET today with Lula at 39% in the first round but the runoff statistically tied.