Latest Uranium Mining News

NexGen Energy has received the last federal approval needed to start construction on its Rook I uranium project in Saskatchewan, set to become the globe’s largest and most environmentally advanced uranium mine.

Atomic Eagle Limited reports a significant 24% increase in uranium resources at its Muntanga Project in Zambia following its maiden drilling campaign, setting the stage for an ambitious exploration program in 2026.

Paladin Energy has achieved a significant regulatory milestone with formal environmental approval for its Patterson Lake South uranium project in Saskatchewan, Canada, paving the way for construction licensing.

Energy Resources of Australia reported a significantly reduced net loss of $50 million for 2025, driven by rehabilitation provision adjustments and higher interest income. Meanwhile, rehabilitation delays and Rio Tinto’s compulsory acquisition efforts highlight ongoing operational and ownership challenges.

Peninsula Energy confirms it remains on track to meet its 2026 uranium production targets despite temporary mechanical setbacks at its Wyoming processing plant, with promising early results from its key MU-4 wellfield.

Paladin Energy reported a stronger half-year performance with US$138.3 million revenue from uranium sales, a narrowed net loss, and a successful A$400 million equity raise to fund growth projects.

NexGen Energy is advancing through the final Canadian Nuclear Safety Commission hearing for its Rook I uranium project, buoyed by strong Indigenous community support and over a decade of environmental and social groundwork.

Lotus Resources has completed a A$76 million placement to bolster its financial position as it accelerates uranium production at the Kayelekera Mine, aiming for steady state output and first shipments in Q2 2026.

Berkeley Energia’s subsidiary has lodged a $1.25 billion arbitration claim against Spain, alleging treaty violations that have stalled its Salamanca uranium project. Despite the dispute, the company remains committed to dialogue and project development.

Lotus Resources has launched a A$76 million placement alongside a A$5 million share purchase plan to fund the ramp-up of uranium production at its Kayelekera mine, aiming for steady-state output by mid-2026 amid strong market fundamentals.

Global Uranium and Enrichment Ltd shares have been suspended from the ASX following Federal Court approval of a scheme of arrangement for acquisition by Snow Lake Resources Ltd.

Peninsula Energy reports strong progress at its Lance Uranium Project in Wyoming, with key production milestones reached and the company on track to meet 2026 uranium output targets amid a buoyant market.