Latest Uranium Production News

Xpedra Resources has made Springfield the centrepiece of a sharp shift into New South Wales gold exploration, with drilling outlining broad mineralisation across 400 metres of strike and to at least 150 metres down-dip. The results came alongside a $7.53 million annual loss, $3.09 million in cash and a fresh 44 million-share acquisition of the Neeld Gold Project.

Aurora Energy Metals (ASX:1AE) swung to a $21.8 million profit after selling its Oregon uranium project, but the result was driven largely by a non-cash accounting gain. The company’s concentrated Eagle Nuclear Energy stake was valued at about $15.5 million by the annual report date, down from $23.9 million at 30 June.

Lotus Resources delivered first uranium production from Kayelekera in more than a decade, but its first operating year brought a $100.1 million loss, heavy cash burn and an auditor-highlighted material uncertainty over its ability to continue as a going concern. The mine produced 332.1 thousand pounds of U3O8 before acid supply problems forced a temporary processing pause.

Silex Systems’ 51%-owned Global Laser Enrichment has secured Cameco as the exclusive buyer for all future production from its planned Kentucky uranium enrichment facility. The deal strengthens the project’s commercial case, but construction, licensing and a final investment decision remain outstanding.

Paladin Energy Ltd (ASX:PDN) reversed prior losses with a net profit of US$5.3 million in FY2026, driven by a strong ramp-up of uranium production at Namibia's Langer Heinrich Mine and regulatory progress at its Canadian Patterson Lake South Project.

Deep Yellow Limited has locked in two pivotal agreements for its Tumas uranium project in Namibia, securing long-term water supply and formalising local ownership with Oponona Investments. These milestones pave the way for construction progress and a Final Investment Decision expected later this year.

Energy Fuels Inc. reported a transformative 2024 with a major acquisition boosting its heavy mineral sands assets, a uranium production ramp-up at key US mines, and commercial rare earth oxide output from its White Mesa Mill.

Lotus Resources has successfully closed its retail entitlement offer, raising approximately A$26 million and bringing total equity raised to about A$60 million. The funds will bolster the Kayelekera uranium project’s transition to steady-state production alongside other financing arrangements.

Brazilian Rare Earths (ASX: BRE) has delivered a striking scoping study for its Rocha da Rocha Rare Earths Province in Brazil, anchored by the Monte Alto deposit’s world-class 11.3% TREO grade, projecting robust economics and a low-cost production path.

Cauldron Energy has begun trading on the US OTCQB market, broadening access to American investors without issuing new shares. This move taps into growing US demand for uranium, positioning Cauldron as a potential supplier from its Yanrey Uranium Project.

Paladin Energy completes Langer Heinrich Mine ramp-up, delivering strong FY2026 results and advancing its Canadian PLS Project with a new uranium discovery. FY2027 guidance forecasts stable production and costs amid ongoing regulatory progress.

Lotus Resources confirms material operational setbacks at Kayelekera uranium project, including acid plant damage and production delays impacting offtake commitments. The company remains suspended pending critical funding arrangements.