Latest Uranium News

Peninsula Energy has executed a definitive agreement for a US$30 million senior secured convertible note facility with an affiliate of Soul Patts, advancing its financing strategy for the Lance Uranium Project in Wyoming.

Peninsula Energy has completed a fully underwritten A$36.1 million equity raising, supplemented by a US$30 million convertible debt facility, bolstering its financial firepower as it ramps up uranium production at its Lance Project.

Toro Energy sets June 15 Federal Court hearing to seek approval for IsoEnergy's proposed takeover following a shareholder vote.

American Uranium Limited has pushed back the closing date of its entitlement offer to 15 July 2026, giving shareholders more time amid volatile market conditions and pending drilling results from its Lo Herma uranium project.

Toro Energy has sent its Scheme Booklet to shareholders outlining the proposed takeover by IsoEnergy, backed by an independent expert and the company’s board. Key dates for shareholder voting and court approval are set for June.

Alligator Energy has achieved 70% uranium recovery in its first well test at Samphire, with flow rates and uranium grades exceeding global ISR benchmarks, confirming the technical viability of its in-situ recovery approach.

Toro Energy shareholders face a pivotal vote on a takeover scheme by IsoEnergy, offering a near 80% premium and access to a diversified uranium portfolio across Australia, Canada, and the US.

Deep Yellow Limited has accelerated development at its flagship Tumas uranium project in Namibia, nearing construction readiness with significant engineering and earthworks milestones. Exploration success at the nearby Tinkas Prospect and strategic leadership appointments position the company well amid a strengthening uranium market.

Toro Energy has secured an ASX waiver allowing it to cancel 4.4 million unlisted options for cash without shareholder approval, clearing a key procedural hurdle in its pending acquisition by IsoEnergy.

Elevate Uranium announces a maiden Inferred Mineral Resource of 10.1 million pounds U3O8 at Namib IV, boosting the Koppies Project resource to 76.2 Mlb and Namibia’s total uranium inventory to 106.4 Mlb. The deposit remains open for expansion amid ongoing drilling and proprietary processing developments.

Alligator Energy Ltd has reported positive operational results from the first well pattern at its Samphire Uranium Project Field Recovery Trial, with uranium recovery exceeding 55% and reagent consumption aligning with expectations, validating key assumptions from its December 2023 Scoping Study.

Elevate Uranium Ltd has reinforced its U-pgrade™ Pilot Plant operations in Namibia with new management and process improvements, while revising its timeline for pilot plant results to August 2026. The company confirms previous bench-scale testwork remains valid despite the delay.