Latest Uranium News

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.

Laramide Resources has secured strategic uranium exploration licences in Sweden’s Hotagen and Arjeplog-Arvidsjaur provinces, capitalising on the country’s recent policy reversal to permit uranium mining.

Heavy Rare Earths Limited has updated key dates for its non-renounceable entitlement offer aimed at raising $728,119 before costs, adjusting the ex-date and record date among other milestones.

Laramide Resources has raised $5 million through a private placement of 8.35 million shares at $0.60 each to a strategic investor, bolstering working capital for its uranium projects in the US and Australia.

Orpheus Uranium has executed a Sale Agreement to acquire seven exploration licences adjacent to its Marree Uranium Project, significantly enlarging its footprint in a uranium-rich region and assuming early operatorship to accelerate drilling preparations.

Adavale Resources has executed a $1.2 million deal selling its Marree Embayment uranium assets to Orpheus Uranium, pivoting capital and attention towards advancing its gold-copper Parkes Project in NSW.

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.

OD6 Metals has delivered compelling metallurgical and ore sorting results from its Quinn Fluorspar Project in Nevada, confirming exceptional fluorspar grades and effective waste rejection using TOMRA technology. These findings underpin a low-cost processing pathway for Metspar and Acidspar products, advancing the project's development prospects.

Infini Resources has confirmed compelling radiometric anomalies and structural targets at its Portland Creek project in Newfoundland while completing maiden drilling at its Saskatchewan projects, setting the stage for a busy 2026 drilling campaign.

Impact Minerals reports ultra-low uranium and thorium levels in Lake Hope high purity alumina, with three of four samples exceeding 99.99% purity. The results meet semiconductor industry standards without dedicated radionuclide removal steps, supporting ongoing pilot optimisation.

Elevate Uranium has pushed back the closing date for acquiring an additional 5% of Marenica Minerals, aiming to raise its ownership in the Marenica Uranium Project to 90%. This move follows a prior 10% acquisition, consolidating the company's control over a key Namibian asset.