Latest Uranium News

Energy Resources of Australia Limited reported a substantial net cash outflow of $183.9 million in Q4 2024, driven by significant rehabilitation payments, while raising $766.5 million through equity to bolster its cash position.

Aura Energy has reported a substantial 49% increase in Ore Reserves at its flagship Tiris Uranium Project, advancing towards a Final Investment Decision in early 2025 while also benefiting from positive regulatory shifts in Sweden.

Lotus Resources has locked in US$38.5 million in financing to support the restart and ramp-up of its Kayelekera uranium project in Malawi, targeting positive cash flow by Q3 2025.

ENRG Elements Limited has renewed key uranium exploration permits in Niger and reported outstanding trenching assay results, while securing $2.2 million in new funding to advance its projects.

Gladiator Resources reports strong assay results supporting high-grade uranium intersections at its Mkuju Project, with promising extensions identified at Likuyu North. The company also advances exploration at its Eland Project while maintaining a solid cash position.

DevEx Resources reports significant progress in its uranium exploration projects at Nabarlek and Murphy West, with new tenement applications nearing grant and ongoing evaluation of high-grade drilling results.

Connected Minerals Ltd has successfully raised $5.1 million to fuel its aggressive uranium exploration in Namibia, reporting impressive high-grade rock chip results that set the stage for maiden drilling in early 2025.

Orpheus Uranium Limited reports a productive December quarter marked by a successful $1.66 million capital raise, completion of a major gravity survey at Mount Douglas, and ongoing progress toward regulatory approvals for advanced uranium exploration.

Koba Resources has reported promising uranium mineralisation results from its initial drilling phase at the Mt John Prospect within the Yarramba Uranium Project, South Australia, setting the stage for an expanded exploration campaign.

Star Minerals secures shareholder approval for its Cobra Uranium Project in Namibia and prepares for maiden drilling, while progressing gold exploration in Western Australia amid a modest capital raise.

Sabre Resources Ltd has identified four new uranium chargeability anomalies at its Dingo Project in the Northern Territory, expanding its exploration potential in the Ngalia Basin. The company plans to drill test these targets pending regulatory approval.

Paladin Energy reports its highest monthly uranium production since March 2024 and completes the strategic acquisition of Fission Uranium Corp, expanding its footprint in Canada’s uranium sector.