Halo Minerals PLC

Playa Verde progress towards final investment decision

Playa Verde is moving towards a final investment decision after the updated CPR and Class 3 engineering on 16 Oct 2026. On 23 Oct 2026 the Article 17 No. 1 mining permit was granted for dredging at Chañaral beach, with MINVU raising no objection. Other permits, the mining easement and maritime concession, plus financing, remain outstanding.

Permit

Article 17 No. 1 Chilean Mining Code mining permit, Exempt Resolution No. 473, granted (announced 23 Oct 2026) 23 Oct 2026 ↗

Scope

Authorises dredging of mineral-bearing material at Chañaral beach, including within the urban area 23 Oct 2026 ↗

Regulator view

MINVU confirmed it had no objection to the granting of the permit 23 Oct 2026 ↗

Next milestone

Mining easement, already submitted, expected to be approved in the coming weeks 23 Oct 2026 ↗

Still pending

Maritime concession application in progress; permit does not replace other required authorisations 23 Oct 2026 ↗

Next: Mining easement approval expected in coming weeks; maritime concession application progressing

1. 23 Oct 2026 Mining permit granted 23 Oct 2026; ancillary permits and financing outstanding
2. 16 Oct 2026 Updated CPR and Class 3 engineering done