Latest Uranium Industry News

Greenvale Energy has raised approximately AUD 856,000 through an oversubscribed Share Purchase Plan, strengthening its uranium exploration efforts in Queensland and the Northern Territory.

DevEx Resources has pinpointed a promising uranium drill target at its Sandfire Prospect, just north of the historic Nabarlek Mine in the Northern Territory. The discovery, based on gravity and geochemical surveys, sets the stage for drilling in 2026 within a globally significant uranium province.

Deep Yellow Ltd announces the departure of long-serving CEO John Borshoff, with CFO Craig Barnes stepping in as interim leader while a global search for a successor continues.

Cauldron Energy has signed a non-binding MOU with Uzbekistan’s Navoiyuran, a global leader in in-situ recovery uranium mining, to collaborate on advancing the Yanrey Uranium Project in Western Australia. This partnership aims to leverage Navoiyuran’s technical expertise and operational experience to unlock the project’s full potential.

Peninsula Energy advances commissioning at its Lance uranium project, resets most sales contracts to reduce risk, and secures a $15 million debt facility to support production ramp-up.

Peninsula Energy has completed a major reset of its uranium offtake contracts, terminating five of six agreements with a $6.6 million payout, while advancing commissioning of its Central Processing Plant toward first yellowcake production in Q3 2025.

Core Energy Minerals Ltd has fortified its uranium exploration ambitions with a $3.7 million capital raise and strategic acquisitions in South Australia, setting the stage for a busy 2025 exploration calendar.

Pioneer Lithium Ltd has strategically acquired two uranium projects in Colorado and Namibia, marking a significant diversification into critical energy minerals. The company plans a A$1.675 million equity raise to fund exploration and development of these promising assets.