Latest Uranium Mining News

Energy Fuels Inc. reported a transformative 2024 with a major acquisition boosting its heavy mineral sands assets, a uranium production ramp-up at key US mines, and commercial rare earth oxide output from its White Mesa Mill.

American Uranium has launched extensive aquifer pump testing at its Lo Herma Mine Unit 1, reinforcing progress toward in-situ recovery development and feeding data into a Q4 2026 Scoping Study.

Morphic Ethical Equities Fund Limited delivered a 1.34% rise in net profit to $7.32 million for FY26, outpacing its benchmark with a 29.11% portfolio return and announcing a fully franked 1.4 cent dividend alongside plans for a substantial share buyback.

Cauldron Energy has refined its uranium exploration strategy at the Bennet Well deposit by reprocessing historic seismic data, uncovering multiple new high-priority targets and extending known palaeochannels. Initial drilling on these targets is imminent as part of the 2026 program.

Laramide Resources has secured strategic uranium exploration licences in Sweden’s Hotagen and Arjeplog-Arvidsjaur provinces, capitalising on the country’s recent policy reversal to permit uranium mining.

Cauldron Energy has begun trading on the US OTCQB market, broadening access to American investors without issuing new shares. This move taps into growing US demand for uranium, positioning Cauldron as a potential supplier from its Yanrey Uranium Project.

Elevate Uranium has pushed back the closing date for acquiring an additional 5% of Marenica Minerals, aiming to raise its ownership in the Marenica Uranium Project to 90%. This move follows a prior 10% acquisition, consolidating the company's control over a key Namibian asset.

Aura Energy has locked in a commercially proven processing flowsheet for its Tiris Uranium Project and signed a non-binding MOU with a major nuclear utility, aiming for a binding agreement and Final Investment Decision by year-end 2026.

Koba Resources has completed maiden drilling at its Mt Garnet tin-tungsten prospects and expanded the uranium mineralised strike at Yarramba, setting the stage for significant assay results and follow-up drilling.

Lotus Resources has secured A$34.2 million from institutional investors in a fully underwritten entitlement offer, with a retail component set to raise an additional A$26 million. The funds aim to support the Kayelekera uranium project’s production ramp-up and financial stability.

Bannerman Energy advances Etango uranium project with early works on track and CNNC Overseas Limited investment nearing completion, targeting a positive Final Investment Decision in Q3 2026.

Orpheus Uranium is gearing up for its first drilling program at the Frome Project while expanding its foothold in South Australia and Western Australia, supported by a solid $6 million cash position.