Latest Uranium Mining News

Bannerman Energy has locked in two binding offtake agreements with major North American utilities for 1 million pounds of uranium from its Etango project, marking a significant milestone ahead of its final investment decision.

Lotus Resources has completed a A$65 million placement to bolster its uranium projects in Malawi and Botswana, positioning itself for steady production and future expansion.

Thor Energy has signed a term sheet with DISA Technologies to explore processing abandoned uranium waste dumps in Colorado, aiming to generate revenue without upfront costs using innovative HPSA technology.

Lotus Resources has achieved a pivotal milestone by producing its first yellowcake at the Kayelekera Uranium Mine, marking its emergence as a global uranium producer. The company targets ramping up production to 200,000 pounds per month by early 2026.

Basin Energy Limited has secured $1.25 million to advance exploration of uranium and rare earth metals across strategic Tier-1 jurisdictions, positioning itself amid rising global demand for clean energy minerals.

Peninsula Energy Limited has had its ASX trading suspension lifted following the completion of a placement and institutional entitlement offer, signaling renewed market activity.

Morphic Ethical Equities Fund Limited reported a strong turnaround in FY2025 with a $5.44 million net profit and portfolio returns surpassing its benchmark, while continuing aggressive share buybacks despite withholding dividends.

Peninsula Energy Limited launches a fully underwritten A$69.9 million equity raising to support the ramp-up of its Lance uranium project in Wyoming, alongside a strategic operational reset and leadership overhaul.

Peninsula Energy has raised nearly A$70 million through a fully underwritten equity raise to fund a strategic reset and ramp-up of its Lance uranium project in Wyoming, accompanied by a significant revision to production guidance.

Laramide Resources has made significant progress in advancing its uranium projects across the US, Australia, and Kazakhstan, highlighted by key permitting milestones under the US FAST-41 framework and a successful $12 million private placement to fund development.

Lotus Resources has received the final environmental and social approval to restart its Kayelekera Uranium Mine in Malawi, marking a key milestone in its African uranium operations. This endorsement from Malawi’s Environment Protection Authority paves the way for the company’s planned production ramp-up.

Cauldron Energy is gearing up for a major drilling campaign at its Yanrey Uranium Project, backed by a solid cash position and expanding resource base amid a bullish uranium market.