Latest Uranium Mining News

Thunderbird Resources has entered a strategic option agreement with Mustang Energy, enabling Mustang to acquire up to 80% of two promising uranium projects in Canada’s Athabasca Basin while Thunderbird sharpens its focus on gold-antimony assets in New South Wales.

Lotus Resources has secured Environmental and Social Impact Assessment approval for its Kayelekera Uranium Project in Malawi, paving the way for uranium production to resume in the third quarter of 2025. The company also completed a key board transition, signaling a new phase in its governance.

Core Energy Minerals has secured all necessary permits to launch its maiden aircore drilling campaign at the Cummins Uranium Project in South Australia, targeting a significant paleochannel system with historic uranium mineralisation.

Koba Resources has announced a non-renounceable entitlement offer to raise approximately $1.14 million, aiming to fund further exploration at its promising Yarramba Uranium Project in South Australia. The offer includes new shares and attaching options, inviting eligible shareholders to participate by late June 2025.

Aura Energy announces a strategic collaboration with Neu Horizon Uranium Ltd to advance uranium mining in Sweden, aligning with the Swedish government’s plans to lift its uranium mining ban and bolster nuclear energy production.

Infini Resources is set to resume drilling at its Portland Creek Uranium Project in Q3 2025, following promising early indicators and a seasonal pause. The company also advances exploration with new airborne surveys over its Athabasca Basin projects, positioning itself as a leading junior uranium explorer amid rising nuclear energy interest.

Askari Metals has reported partial uptake in its recent entitlement offer for new options, raising about half of the targeted funds, with plans underway to complete the shortfall. The move supports ongoing exploration projects in lithium and uranium.

Toro Energy has released an updated scoping study for its Lake Maitland Uranium Project, revealing robust economics with a pre-tax NPV of A$907.9 million and a swift payback period of just 1.5 years. The study outlines a 16.3-year mine life producing uranium and vanadium with modest capital expenditure and competitive operating costs.

Cauldron Energy Limited has announced a fully underwritten entitlement offer to raise nearly $2 million, aimed at advancing its Yanrey Uranium Project and shoring up working capital. The offer, priced at $0.006 per share, could reshape shareholder control dynamics depending on participation.

Cauldron Energy has launched a fully underwritten entitlement offer to raise nearly $2 million, aiming to advance its Yanrey Uranium Project amid growing global uranium demand and hopes for regulatory change in Western Australia.

Terra Uranium has completed key airborne geophysics surveys and is gearing up for a coordinated 2025 drilling campaign on its Athabasca Basin projects, positioning itself to benefit from a strengthening uranium market.

Koba Resources is set to raise $1.7 million to fund its next phase of drilling at the promising Yarramba Uranium Project, following a successful initial campaign that uncovered multiple high-grade uranium deposits.