Latest Uranium Exploration News

Toro Energy has agreed to be acquired by IsoEnergy in a deal valuing Toro shares at a 79.7% premium, combining uranium assets across Australia, Canada, and the US. The transaction promises enhanced scale and exposure to tier-one uranium projects, pending shareholder and regulatory approvals.

Pioneer Lithium has sharpened its focus on North American critical minerals, advancing uranium, antimony, and tungsten projects while securing $750,000 in fresh capital to fund exploration and working capital.

Basin Energy has acquired NeoDys Limited, gaining a substantial uranium and rare earth exploration package in Queensland, and launched a $1.25 million capital raise to fund maiden drilling in late 2025.

Terra Critical Minerals (ASX, T92) broadens its critical minerals portfolio with new US initiatives and promising exploration in New South Wales and Canada. The company also pursues a US OTC listing to tap North American capital.

Elevate Uranium has raised $25 million through a well-supported placement, boosting its cash reserves to nearly $44 million. The funds will accelerate its proprietary U-pgrade™ pilot plant and expand uranium resource drilling in Namibia and Australia.

Koba Resources has acquired two significant tin-tungsten projects in Queensland and discovered a promising new uranium prospect in South Australia, backed by a $4.35 million capital raise to accelerate exploration.

NGX Limited progresses its Malingunde graphite project with key technical studies and downstream qualification, while advancing uranium exploration in Namibia. Market dynamics and regulatory shifts position NGX favorably in the clean energy minerals sector.

Recharge Metals Limited has progressed its uranium exploration efforts in North America, completing a detailed geophysical survey in Canada and advancing permitting in the US, while maintaining disciplined capital management.

Core Energy Minerals reports promising exploration results with significant rare earth element grades in Brazil and uranium intercepts in South Australia, alongside strategic management appointments and asset divestment.

Orpheus Uranium has advanced its exploration agenda by finalizing multiple Native Title Mining Agreements across South Australia and the Northern Territory, while strategically acquiring the Oobagooma Project in Western Australia to diversify its uranium asset base.

Energy Metals Limited reports promising high-grade uranium intersections from recent drilling at its Ngalia Regional Project, supported by a robust cash position and a strengthening uranium market.

Noronex Limited has advanced its copper and uranium exploration with significant drilling results in Namibia and a strategic expansion into Botswana, backed by South32 funding and a recent capital raise.