Latest Uranium Mining News

American Uranium Limited has initiated hydrogeological testing alongside resource drilling at its Lo Herma ISR uranium project, aiming to expand its resource base and support upcoming feasibility studies.

NexGen Energy reports compelling high-grade uranium assay results from its Patterson Corridor East discovery, reinforcing the project's potential alongside the flagship Arrow deposit.

Mandrake Resources has signed a term sheet with DISA Technologies to explore recovering uranium and critical minerals from abandoned mine waste in Utah, leveraging a unique US regulatory license and strong government backing.

Sweden’s Parliament has voted to overturn its uranium mining ban, effective January 2026, paving the way for Aura Energy to fully develop its polymetallic Häggån project with uranium extraction now permitted.

Infini Resources Limited has launched a non-renounceable pro-rata entitlement offer to raise approximately A$533,000 through Loyalty Options, alongside a separate allocation of 6 million options to its Joint Lead Managers. The capital raise aims to support ongoing exploration activities amid a complex risk landscape.

SciDev Limited has secured a $19.5 million contract to design and build a groundwater treatment plant for the Rum Jungle Rehabilitation Project, tackling contamination from historic uranium mining near Darwin.

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.

Global Uranium and Snow Lake Resources have agreed to merge, creating a leading US-focused uranium developer with a diversified project portfolio. The announcement also highlights a maiden high-grade resource at Maybell and ongoing promising drilling at Pine Ridge.

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.

Peninsula Energy reported a $7.3 million operating cash outflow for Q3 2025, alongside securing a $12.6 million convertible debt facility to advance its Lance Project in Wyoming. The company ends the quarter with $36 million in cash, supporting an estimated six quarters of funding.

Peninsula Energy has achieved a significant operational milestone with its first dried yellowcake production at the Lance Uranium Operation, while revising its near-term production guidance and completing a major equity raise to support growth.

Lotus Resources has marked a major milestone with first yellowcake production at its Kayelekera uranium mine in Malawi, progressing steadily towards full production in early 2026 while advancing its Letlhakane project in Botswana.