Latest Uranium Assets News

Connected Minerals (ASX:CML) is set to acquire Frontier Group CRM, gaining control of an 80% interest in the Bailundo carbonatite project in Angola, boasting near-surface high-grade niobium and rare earth mineralisation. Backed by a $4.5 million capital raise, the company aims to fast-track exploration in this emerging critical minerals jurisdiction.

American Uranium has launched a $2.59 million entitlement offer with free attaching options, highlighting its robust uranium resources in Wyoming and ongoing drilling plans.

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.

Infini Resources has kicked off its inaugural diamond drilling campaign at the Reynolds Lake and Reitenbach Lake uranium projects, targeting high-grade zones including the Titus Prospect. The program aims to unlock a large, underexplored uranium system on the Athabasca Basin's eastern margin.

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.

American Uranium Limited is gearing up to drill 55 holes at its Lo Herma ISR uranium project in Wyoming, aiming to expand and upgrade mineral resources ahead of a Q3 2026 resource update and Scoping Study.

Basin Energy secures A$1.1 million through a strategic placement led by two uranium-sector investors, aiming to accelerate drilling and geophysics at its Sybella Barkly and Newmans projects in Queensland.

American Uranium has completed a A$2.64 million placement by issuing 22 million shares at A$0.12 each, aiming to fund drilling and technical studies at its Wyoming uranium projects.

Infini Resources is showcasing its Canadian uranium portfolio at the Ignite Investment Summit 2026, underscoring recent district-scale mineralisation and ambitious drilling campaigns planned across its Portland Creek and Athabasca margin projects.

Orpheus Uranium has secured key regulatory approvals for advanced exploration across multiple projects and raised $4.37 million, including a cornerstone investment from IsoEnergy, as it prepares for a busy 2026 drilling season.

NewPeak Metals has completed a significant drilling campaign at its Tansey Gold Project with assay results due soon, while gearing up for a substantial drill program at Las Opeñas in Argentina. The company holds $1.4 million cash and a notable stake in Lakes Blue Energy as it weighs options for its uranium assets.

Koba Resources has launched a 2,500m drilling campaign at its Everest Prospect within the Yarramba Uranium Project, aiming to expand on last year’s high-grade uranium discoveries across a 4km strike. Results are anticipated in May as the company targets thicker, higher-grade zones amid a strong uranium market.