Latest Uranium News

Alligator Energy is progressing its Samphire Uranium Project in South Australia into trial production, supported by strong project economics and promising exploration potential. The company targets first uranium production by 2030/31 while derisking operations through a Field Recovery Trial.

Global Uranium and Enrichment Limited has been fully acquired by Snow Lake Resources through a share and option scheme, leading to GUE's imminent delisting from the ASX.

Bannerman Energy has secured a landmark $321.5 million strategic investment from CNNC Overseas Limited to jointly develop the Etango Uranium Project in Namibia, enabling debt-free construction and a market-priced offtake agreement with a Tier-1 nuclear utility.

Peninsula Energy has reduced its debt by US$4.25 million through a partial conversion of its convertible loan facility, issuing nearly 20 million shares to its lender. This move supports the ongoing restart and ramp-up of its Lance Uranium Project in Wyoming.

American Uranium has launched its 2026 drilling campaign at the Lo Herma ISR uranium project in Wyoming, aiming to expand and upgrade its mineral resource ahead of key updates this year.

Lotus Resources has launched a A$81 million equity raising to support the ramp-up of its Kayelekera uranium mine to steady state production targeted in Q2 2026, while advancing development of its Letlhakane project.

American Uranium has restarted drilling at its Lo Herma ISR uranium project in Wyoming, aiming to expand and upgrade its existing 8.57 million pound resource ahead of key updates in 2026.

Cauldron Energy’s latest groundwater analysis at the Yanrey Uranium Project reveals low chloride and sulphate levels, affirming the site’s suitability for environmentally friendly in situ recovery uranium mining. This milestone supports the company’s plans to expand resources and advance towards production.

The Federal Court of Australia has approved the acquisition schemes for Global Uranium and Enrichment Limited by Snow Lake Resources, setting the stage for a significant shift in shareholder structure and market listing.

Aura Energy has successfully raised A$20 million through a heavily oversubscribed placement, aiming to accelerate development at its Tiris Uranium Project amid rising global uranium demand.

American Uranium's recent hydrogeological pump tests at the Lo Herma project validate key aquifer properties consistent with nearby operating ISR uranium mines, supporting upcoming resource and scoping study updates.

Global Uranium and Enrichment Limited has dispatched its Scheme Booklet to shareholders, marking a key step in Snow Lake Resources’ proposed acquisition. Shareholder and optionholder meetings are set for late January 2026 to vote on the transaction.