Latest Uranium Projects News

Moonlight Resources has kicked off its inaugural Reverse Circulation drilling at the Goldfinger Prospect within the Clermont Gold Project, aiming to validate and extend historical high-grade gold mineralisation from the late 1980s.

Lotus Resources has secured A$34.2 million from institutional investors in a fully underwritten entitlement offer, with a retail component set to raise an additional A$26 million. The funds aim to support the Kayelekera uranium project’s production ramp-up and financial stability.

Bannerman Energy advances Etango uranium project with early works on track and CNNC Overseas Limited investment nearing completion, targeting a positive Final Investment Decision in Q3 2026.

Great Bear Exploration (ASX:GBL) has secured $6.5 million to back its acquisition of the Great Bear Project in Canada, gearing up for a two-year exploration campaign starting August 2026. The company also reshapes its focus by restructuring HCD Technologies rights.

Orpheus Uranium is gearing up for its first drilling program at the Frome Project while expanding its foothold in South Australia and Western Australia, supported by a solid $6 million cash position.

Noronex Limited has struck a deal to acquire the Sleitat Tin Project in Alaska, marking a rare US tin opportunity, while pushing forward with copper and uranium exploration programs in Africa backed by South32.

Cauldron Energy’s 2026 drilling campaign at the Yanrey Uranium Project has significantly expanded the strike length of the Manyingee North deposit to over 4 kilometres, delivering consistent high-grade uranium intersections and confirming broad mineralisation across multiple new targets.

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.

Berkeley Energia has delivered a maiden Mineral Resource Estimate for its Conchas Project in Spain, revealing significant lithium and rubidium grades near surface and confirming the project's potential for bulk open-pit mining.

Connected Minerals is set to acquire Frontier Group, gaining control of an 80% stake in the high-grade Bailundo carbonatite project in Angola, backed by a $4.5 million capital raise and planned drilling.

Deep Yellow has awarded two major civil and concrete construction contracts worth about A$34 million to Namibian-owned companies for its Tumas uranium project, advancing its path to a Final Investment Decision in late 2026.

American Uranium Limited has completed a modestly subscribed entitlement offer raising just over A$100,000, leaving a substantial shortfall of over 20 million shares available for placement. The company remains focused on advancing its Lo Herma ISR Uranium Project with key technical milestones planned for 2026.