Latest Uranium Projects News

Lincoln Minerals Limited has announced a pro-rata renounceable entitlement issue to raise approximately $1.5 million, partially underwritten by Mahe Capital Pty Ltd, to fund exploration across multiple projects including copper, uranium, graphite, and magnetite.

Askari Metals has completed technical due diligence on its Nejo Gold and Copper Project in Ethiopia, clearing a key hurdle ahead of acquisition settlement and setting the stage for maiden drilling campaigns.

Infini Resources has raised A$3 million through a flow-through share placement at a significant premium, fueling Phase 2 drilling at its Portland Creek Uranium Project in Canada. The capital raise underscores strong investor confidence ahead of a critical exploration push.

Boss Energy has acknowledged significant upward revisions to operating and capital costs at its Honeymoon Uranium Project, alongside challenges in achieving production targets, prompting an independent review.

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.

Antares Metals has reported striking rock chip assay results from its Mt Isa North project, revealing copper grades as high as 22.3% at Startle and 16.2% at Moonside, alongside promising gold values. These findings underscore the company’s advancing exploration efforts in a historically rich copper region.

Aurora Energy Metals supports Eagle Energy Metals’ proposed Nasdaq listing via SPAC, a move that could unlock significant funding and advance the Aurora Uranium Project in Oregon.

Aura Energy has locked in a landmark long-term uranium offtake agreement with a major US nuclear utility alongside a flexible spot sales deal, marking a pivotal step toward commercialising its Tiris Uranium Project in Mauritania.

Laramide Resources has successfully closed a $12 million private placement, issuing 20 million shares to fund critical US permitting and corporate needs. The upsized capital raise includes insider participation and broker incentives, positioning the company for its next development phase.

Infini Resources has announced a Phase 2 diamond drilling program at its flagship Portland Creek Uranium Project, alongside significant airborne survey results from Saskatchewan projects and the appointment of a seasoned mining executive as CEO.

Koba Resources has secured all necessary permits and raised $600,000 to launch a 3,000-metre drilling campaign targeting high-grade uranium extensions at its Yarramba Project in South Australia, following promising early 2025 discoveries.

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.