Latest Uranium Enrichment News

Global Uranium and Enrichment Limited reports promising initial drill results from its Pine Ridge Uranium Project in Wyoming, confirming significant uranium mineralisation and expanding its land holdings.

Silex Systems Limited has announced a Share Purchase Plan (SPP) aiming to raise up to $15 million, offering existing eligible shareholders new shares at a price capped at $3.90 or a 2% discount to recent trading prices. This follows a $130 million institutional placement and supports key commercialisation projects in uranium enrichment.

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.

Silex Systems Limited has announced a $145 million equity raise to fund the commercialisation of its SILEX laser uranium enrichment technology through its US joint venture, Global Laser Enrichment. The capital will support critical technology milestones and expansion into new isotope markets amid a global nuclear fuel renaissance.

Silex Systems has raised $130 million through an institutional placement to advance its SILEX uranium enrichment technology in the US, bolstering its financial position through FY2028.

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.

Infini Resources has refined its geological model at the Portland Creek uranium project, identifying new high-priority targets for an August 2025 Phase 2 drilling campaign. Despite challenges in Phase 1, the company remains optimistic about unlocking a major discovery in Newfoundland.

Global Uranium and Enrichment Limited has announced a maiden JORC Mineral Resource Estimate of 6.0 million pounds of U3O8 at the Maybell Uranium Project in Colorado, confirming significant high-grade uranium mineralisation and strong potential for expansion.

Global Uranium and Enrichment Limited’s investee Ubaryon has sealed a binding agreement with uranium giant Urenco, unlocking a A$5 million investment and technical collaboration to accelerate a novel uranium enrichment technology.

Tivan Limited has taken significant strides in financing its Speewah Fluorite Project, securing a conditional Letter of Support from Export Finance Australia and moving into the Northern Australia Infrastructure Facility’s due diligence phase. These developments mark important progress toward full project funding and highlight fluorite’s rising strategic importance.

Global Uranium and Enrichment Limited has kicked off a major drilling campaign at its Pine Ridge Uranium Project in Wyoming, aiming to unlock a significant uranium resource in the prolific Powder River Basin.