Latest Nuclear Fuel News

DevEx Resources has identified multiple new kilometre-scale uranium soil anomalies at its Murphy West Project in the Northern Territory, advancing towards a maiden drilling campaign in 2026. These findings align with known uranium mineralisation patterns, reinforcing the project's potential in the McArthur Basin.

Aura Energy has postponed its strategic transaction for the Häggån project due to an ongoing Swedish government inquiry into alum shale mining and current market conditions, while retaining full ownership and commitment to the project.

OD6 Metals has secured an exclusive option to acquire the Quinn Fluorspar Project in Nevada, boasting ultra high-grade deposits critical to US supply chains. The move complements its rare earth and copper assets, backed by a $3.4 million capital raise.

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.

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.

Ark Mines Limited has signed a pivotal Memorandum of Understanding to trial processing of monazite ore from its Sandy Mitchell Rare Earths Project, aiming to recover critical minerals including Thorium, Neodymium, and Praseodymium.

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.

Global Uranium and Snow Lake Resources have agreed to a binding merger scheme, with Snow Lake acquiring all remaining shares of Global Uranium. This follows a major drilling success at the Pine Ridge Uranium Project and regulatory approvals that pave the way for a combined uranium-focused entity.

Toro Energy shareholders are set to gain exposure to a diversified uranium portfolio through IsoEnergy’s acquisition offer at a near 80% premium, while Toro advances its Wiluna Uranium Project amid strong market tailwinds.

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.

Aura Energy has attracted a C$10 million investment from MMCAP and strategic partners, valuing its Swedish Häggån polymetallic project at C$50 million and spinning it into a new Canadian-listed entity.

Global Laser Enrichment, licensee of Silex’s laser uranium enrichment technology, has won a $28 million U.S. Department of Energy award to push next-gen nuclear fuel innovation, despite missing out on a larger $900 million contract.