Latest Uranium News

Bannerman Energy Ltd reported a robust cash position of AUD 111.76 million at the end of September 2025, underpinning an estimated 13.5 quarters of operational funding despite ongoing exploration expenditures.

Power Minerals Limited (PNN) has been invited to brief the Australian Ambassador to the US on its strategic Gamma Heavy Rare Earths Project in California, underscoring the project's growing importance in Australia-US critical minerals cooperation ahead of the Prime Minister's meeting with President Trump.

Boss Energy reveals new uranium mineralisation near its Alta Mesa project in Texas, following enCore Energy’s re-analysis of historic drill data. Further drilling is planned to explore the potential expansion.

Southern Cross Gold Consolidated Ltd. reported a net loss of $925,512 for Q1 2026, alongside significant progress in its Australian gold-antimony projects and key corporate milestones including TSX main board graduation.

American Uranium has mobilised a drill rig ahead of schedule at its Lo Herma ISR uranium project in Wyoming, aiming to grow and upgrade its existing 8.57 million pound uranium resource through a two-phase drilling campaign.

Aruma Resources has locked in $3.515 million through a placement to fund targeted exploration across its copper, heavy mineral sands, and uranium projects in Australia. The capital raise, supported by directors and new investors, aims to advance drilling and sampling programs at key sites.

Axel REE Limited reports encouraging auger drilling results at its Caldas Project in Brazil, confirming broad near-surface rare earth mineralisation and initiating new drilling at Caldas South. The company aims to define an Exploration Target and advance metallurgical studies to support resource development.

Osmond Resources has completed geological logging of its first drill hole at the Orión EU Critical Minerals Project, identifying seven promising mineral layers. A second drill rig is now operational to further test the continuity of these layers.

Patronus Resources confirms exceptional uranium grades from recent drilling at Thunderball, revealing a new geological model that could unlock over 30km of prospective ground in the Pine Creek Project.

Elevate Uranium Ltd has agreed to sell its Oobagooma Uranium Project to Orpheus Uranium Ltd in a deal combining cash and milestone-based equity payments, aligning with Elevate’s pivot towards its innovative U-pgrade beneficiation technology and other core assets.

Orpheus Uranium Limited has agreed to acquire the Oobagooma Uranium Project in Western Australia, unlocking significant historical uranium mineralisation and exploration potential in the Canning Basin.

Paladin Energy reports a record uranium production quarter at its Langer Heinrich Mine alongside a robust engineering review of its Patterson Lake South Project, supported by a successful A$300 million equity raise.