Latest Uranium Mining News

Koba Resources has reported a significant high-grade uranium discovery at its Everest Prospect within the Yarramba Uranium Project, with multiple drill intercepts exceeding 1,000ppm eU3O8 over a 4km strike. The company is advancing plans for Phase 2 drilling in Q3 2025 while divesting non-core assets to focus on its flagship project.

Peninsula Energy reported a $1.9 million operating cash outflow and $18.9 million investing spend on its Lance Project for Q1 2025, ending the quarter with $24.2 million in cash and an estimated 13 quarters of funding runway based on current outflows.

Pioneer Lithium Ltd has bolstered its uranium portfolio with acquisitions in Colorado and Namibia, confirmed significant mineralisation, and secured $1.62 million to fund exploration under new CEO Michael Beven.

Basin Energy has completed a strategic acquisition of uranium and green energy metals assets in Scandinavia, revealing exceptional initial exploration results and expanding its footprint in the Athabasca Basin.

Dalaroo Metals has taken a strategic step into Greenland’s critical metals scene with an option to acquire the Blue Lagoon Zr-Nb-REE Project, while advancing promising base and copper metal prospects at its Lyons River Project in Western Australia.

Santos Limited’s 2024 Annual Report reveals a 5% drop in production and a 9% fall in sales revenue, yet the company achieved a solid $1.224 billion net profit while making significant strides in carbon capture and storage and emissions reduction.

Cauldron Energy reports a maiden inferred uranium resource of 11.1 million pounds at Manyingee South, boosting total Yanrey Project resources by 35%. The company also expands its footprint with six new tenements, positioning itself strongly amid a bullish uranium market.

Orpheus Uranium Limited has fortified its Australian uranium portfolio by acquiring the Pirie Basin Project and raising $1.25 million to fund upcoming exploration, positioning itself strongly in key uranium provinces.

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.

Recharge Metals Limited has made significant strides in its uranium and copper exploration projects, progressing drill planning and stakeholder engagement at its Carter Uranium Project in Montana and identifying new copper targets at Brandy Hill South in Western Australia.

Ragnar Metals has identified multiple large conductive anomalies at its Viken Project in Sweden, reinforcing the potential for significant uranium, vanadium, and molybdenum mineralisation. These findings, derived from reprocessed VLF geophysics and historical drilling data, set the stage for targeted exploration.

Basin Energy reports significant high-grade uranium and rare earth element mineralisation at its Björkberget, Rävaberget, and Trollberget projects in Sweden, highlighting strong exploration potential in a region poised for regulatory change.