ValOre Metals is targeting the publication of a Preliminary Economic Assessment (PEA) for its 100%-owned Pedra Branca project in Brazil in Q4 2026. The study will evaluate processing routes (heap leach vs. vessel leach) for a 2.2 million-ounce inferred platinum, palladium, and gold resource.
The article discusses how AI hardware expansion is creating new industrial demand for platinum beyond traditional automotive catalysts. It highlights ValOre Metals' progress toward a Preliminary Economic Assessment (PEA) for its Pedra Branca project in Brazil, targeting Q4 2026.
ValOre Metals is preparing a Preliminary Economic Assessment (PEA) and a resource update for its Pedra Branca project in Brazil, targeting a 2.2 million ounce platinum, palladium, and gold resource. The project features a split orebody requiring two different processing routes: hydrometallurgy/heap leach for weathered material and flotation for fresh ore.
A US fuel-economy requirement rollback for model year 2031 is expected to extend demand for platinum group metals (PGMs) by allowing more gasoline and hybrid vehicles to remain in the mix. While global electrification continues to trend upward, the policy change provides relative support for platinum, palladium, and rhodium demand in the US market.
ValOre Metals is advancing its Pedra Branca project in Brazil toward a Preliminary Economic Assessment (PEA) targeted for Q4 2026. The project holds an inferred mineral resource of 2.198 million ounces of platinum, palladium, and gold across 63.3 million tonnes at 1.08 g/t.
ValOre Metals is advancing its Pedra Branca PGE-gold project in Brazil, targeting a Preliminary Economic Assessment (PEA) in Q4 2026. The company's inferred resource has grown to 2.2 Moz 2PGE+Au, with additional recent drilling expected to further increase these figures.
Bravo Mining has released a prefeasibility study for its Luanga polymetallic project in Brazil, reporting 86.7 million tonnes of proven and probable reserves. The study highlights an after-tax NPV of $1.45 billion and a 35% IRR, supported by a new strategy to include a domestic smelter.
ValOre Metals Corp. is scheduled to release a resource update for its Pedra Branca project in Brazil in Q3 2026. This update is expected to include five new zones drilled in 2023, potentially increasing the current 2.2 million ounce inferred resource of platinum, palladium, and gold.
Bravo Mining Corp. announced high-grade PGM+Au and nickel drill results from its Luanga project in Brazil, including 54m at 2.8 g/t PGM+Au and 0.16% Ni, with a higher-grade core of 5m at 10.7 g/t PGM+Au and 0.40% Ni. These infill and step-out drill holes confirm mineralization continuity and extend the deposit at depth, supporting the upgrade of Inferred resources to Indicated and contributing to a planned PFS and updated MRE in 2027.
ValOre Metals is advancing its Pedra Branca project in Brazil, with a resource update scheduled for Q3 2026 to incorporate recent drilling and new discoveries. The company is also pursuing a gold acquisition in Brazil to become an integrated precious metals producer.
