Latest Uranium Mining News

American Uranium has mobilised a drill rig ahead of schedule at its Lo Herma ISR uranium project in Wyoming, aiming to grow and upgrade its existing 8.57 million pound uranium resource through a two-phase drilling campaign.

Orpheus Uranium Limited has agreed to acquire the Oobagooma Uranium Project in Western Australia, unlocking significant historical uranium mineralisation and exploration potential in the Canning Basin.

Paladin Energy reported a record uranium production quarter at its Langer Heinrich Mine alongside a successful A$300 million equity raise, positioning the company for accelerated development of its Patterson Lake South project.

Energy Resources of Australia reported a $47.1 million cash outflow from operations and a $75.4 million investment spend in the September quarter, reducing cash reserves to $108.3 million.

Energy Resources of Australia updates on ongoing legal battles over Jabiluka lease and compulsory acquisition, while Ranger rehabilitation faces delays and potential cost overruns.

IsoEnergy Ltd. is set to acquire Toro Energy Ltd., combining two significant uranium portfolios to create a diversified global player with flagship projects in Australia, Canada, and the U.S. This strategic merger positions the new entity to capitalize on rising uranium demand amid a tightening market.

IsoEnergy Ltd. has agreed to acquire Toro Energy Ltd. in a deal that significantly expands its uranium portfolio, adding the Wiluna Uranium Project in Western Australia and creating a diversified, top-tier uranium development platform.

NexGen Energy Ltd. has launched a significant dual equity financing, successfully upsizing its Australian offering and targeting combined proceeds exceeding C$1 billion. This move underscores the company's strategic capital expansion across North American and Australian markets.

Alligator Energy has begun construction of its Samphire Project Field Recovery Trial near Whyalla, marking a key step towards uranium production amid a strengthening market.

DevEx Resources has identified extensive multi-element uranium anomalies at its Murphy West Project in the Northern Territory, showing geochemical parallels to Queensland’s Junnagunna deposit. The company is advancing towards drilling in early 2026 to test these promising targets.

Snow Lake Resources is set to acquire Global Uranium, creating a leading U.S.-focused uranium developer with a diversified portfolio and enhanced market presence. The merger promises scale, strategic synergies, and exposure to critical nuclear fuel cycle technologies amid supportive U.S. policies.

Global Uranium and Snow Lake Resources have agreed to merge, creating a leading U.S.-focused uranium company valued at A$44.5 million. The deal consolidates key assets and promises enhanced exploration and development opportunities.