Latest Uranium Market News

Codrus Minerals advances its diversified exploration portfolio with permitting progress at Bull Run and promising uranium geochemical results at Jasper Wedge, while managing costs amid challenging gold markets.

Terra Uranium Limited has expanded its exploration portfolio by acquiring LCT Metals, adding tin and precious metals projects in New South Wales, while advancing uranium exploration in Canada’s Athabasca Basin through strategic partnerships and drill-ready targets.

Global Uranium and Enrichment Limited has significantly expanded its Pine Ridge Uranium Project landholding in Wyoming’s Powder River Basin by approximately 85%, adding 937 new claims and enhancing exploration potential in a premier U.S. uranium district.

Boss Energy reports a successful ramp-up at its Honeymoon and Alta Mesa uranium projects, achieving first free cash flow and maintaining production and cost guidance for FY2025 amid a complex market backdrop.

Boss Energy’s March quarter report reveals a successful ramp-up at its Honeymoon Uranium Project, delivering its first free cash flow and beating cost guidance, while strategic investments and exploration progress position the company well amid a tightening uranium market.

Deep Yellow Limited has deferred the Final Investment Decision for its flagship Tumas uranium project due to current uranium prices, while continuing detailed engineering and early works. The company remains confident in the project's robust economics and is progressing financing and development at its Mulga Rock project.

GTI Energy Ltd reports promising uranium leach test results from its Lo Herma project in Wyoming, demonstrating approximately 75% recovery rates consistent with regional ISR operations. These findings underpin the upcoming Scoping Study expected in H1 2025.

Piche Resources has confirmed exceptional high-grade uranium intersections at its Ashburton project through chemical assays, significantly upgrading previous gamma probe results and setting the stage for a follow-up drilling campaign in mid-2025.

Aruma Resources has confirmed a compelling exploration model for its Cypher Uranium Prospect in South Australia, positioning it as a priority target amid a surging uranium market. The company plans a systematic exploration program to unlock the prospect’s potential.

Toro Energy reports steady progress in its Wiluna Uranium Project with updated resource estimates and ongoing native title consultations, positioning itself to capitalize on improving uranium market conditions.

Global Uranium and Enrichment reports a successful maiden drilling program at its Maybell Uranium Project, confirming high-grade uranium continuity, alongside a strategic sale of its Enmore Gold Project to Koonenberry Gold.

Cauldron Energy’s December quarter report highlights a breakthrough uranium discovery at Manyingee South within the Yanrey Project, alongside a successful $4 million capital raise to fund ongoing exploration.