Latest Uranium Mining News

Basin Energy has acquired NeoDys Limited, gaining a substantial uranium and rare earth exploration package in Queensland, and launched a $1.25 million capital raise to fund maiden drilling in late 2025.

Orpheus Uranium has advanced its exploration agenda by finalizing multiple Native Title Mining Agreements across South Australia and the Northern Territory, while strategically acquiring the Oobagooma Project in Western Australia to diversify its uranium asset base.

Peninsula Energy reported a $7.3 million operating cash outflow for Q3 2025, alongside securing a $12.6 million convertible debt facility to advance its Lance Project in Wyoming. The company ends the quarter with $36 million in cash, supporting an estimated six quarters of funding.

Lotus Resources has marked a major milestone with first yellowcake production at its Kayelekera uranium mine in Malawi, progressing steadily towards full production in early 2026 while advancing its Letlhakane project in Botswana.

Infini Resources Limited has launched a C$10 million flow-through share offer to fund exploration at its Canadian uranium projects, aiming to advance drilling programs while navigating regulatory and market risks.

Elevate Uranium has shipped its U-pgrade pilot plant to Namibia for commissioning and continues to expand uranium mineralisation at its Namib IV prospect. The company also moves to divest its Oobagooma project, sharpening its strategic focus.

Cauldron Energy has taken a significant step forward at its Yanrey Uranium Project by signing a non-binding MOU with Uzbekistan’s Navoiyuran, while preparing for a major drilling campaign amid a shifting regulatory landscape in Western Australia.

American Uranium Limited has kicked off Phase 1 of its resource expansion drilling at the Lo Herma ISR uranium project in Wyoming, backed by a $4.5 million capital raise led by strategic investor Snow Lake Energy. The company aims to update its resource estimate early next year as it advances towards production.

Thor Energy has inked a binding agreement with DISA Technologies to treat uranium waste at its Colorado Projects, leveraging DISA’s newly granted U.S. Nuclear Regulatory Commission license. This deal promises revenue from recovered uranium and critical minerals without upfront costs.

Aura Energy has made significant strides in funding and development of its Tiris Uranium Project in Mauritania, while legislative progress in Sweden could unlock value at its Häggån Polymetallic Project. Rising uranium prices and secured offtake agreements underpin a positive outlook.

Adavale Resources has achieved a crucial milestone by securing 100% Native Title consent for its Marree uranium project in South Australia, paving the way for advanced exploration activities.

Cauldron Energy’s recent passive seismic survey at the Yanrey Uranium Project has delineated extensive palaeochannel systems and sharpened high-priority drill targets, setting the stage for a focused exploration campaign.