Latest In Situ Recovery News

Peninsula Energy Limited launches a fully underwritten A$69.9 million equity raising to support the ramp-up of its Lance uranium project in Wyoming, alongside a strategic operational reset and leadership overhaul.

Peninsula Energy has raised nearly A$70 million through a fully underwritten equity raise to fund a strategic reset and ramp-up of its Lance uranium project in Wyoming, accompanied by a significant revision to production guidance.

Brazilian Critical Minerals secures robust support from Amazonas state and local authorities for its Ema Rare Earth Project, advancing environmental permitting with unanimous community approval.

Brazilian Critical Minerals Ltd reports exceptionally high rare earth element grades from in-situ recovery trials at its Ema project, confirming economic viability with low capital costs. The breakthrough supports rapid project scaling and strong market potential.

Snow Lake Energy has completed due diligence and confirmed its participation in GTI Energy’s $4.5 million placement, securing a near 10% stake and a strategic foothold adjacent to GTI’s Lo Herma uranium project.

Cobre Limited has released its first Mineral Resource Estimate for the Comet Deposit within Botswana’s Ngami Copper Project, revealing significant copper and silver resources with promising economic extraction potential.

Pioneer Lithium advances uranium exploration with promising high-grade assays at Skull Creek, while pausing lithium activities amid market downturn. A recent $320,000 capital raise supports ongoing uranium projects in the US and Namibia.

Global Uranium and Enrichment Limited has completed a transformative acquisition of the Pine Ridge Uranium Project in Wyoming, initiating a large-scale drilling program that positions the company as a key domestic uranium developer in the US.

Core Energy Minerals has initiated its first aircore drilling program at the Cummins Uranium Project in South Australia, while confirming uranium mineralisation in Brazil and refinancing its convertible notes to support ongoing exploration.

Terramin Australia reports steady progress across multiple projects including key drilling at Tala Hamza and regulatory approvals at Kapunda, while navigating legal challenges at Bird in Hand. Algeria’s recent mining reforms offer a promising backdrop for the company’s expansion plans.

GTi Energy has marked a pivotal quarter with a positive scoping study for its Lo Herma uranium project in Wyoming, securing $4.5 million in funding led by Snow Lake Energy and gaining regulatory approval to begin drilling this September.

Brazilian Critical Minerals Ltd has reported significant progress at its Ema rare earths project, achieving high recovery rates from in-situ recovery (ISR) tests and securing a $4 million capital raise to accelerate development.