Latest Uranium News

Paladin Energy reported a record uranium production quarter at its Langer Heinrich Mine alongside a successful A$300 million equity raise, positioning the company for accelerated development of its Patterson Lake South project.

Deep Yellow Limited’s recent drilling campaign at the S-Bend prospect near its flagship Tumas Project in Namibia confirms significant shallow uranium mineralisation, potentially extending the project’s lifespan beyond 30 years.

Patronus Resources reports a robust $70 million in cash and investments alongside 2.3 million ounces of gold equivalent resources, underpinning a multi-commodity growth strategy across Western Australia and the Northern Territory.

Aurora Energy Metals reports a breakthrough in uranium processing at its Oregon project, achieving high recoveries with significantly reduced acid consumption and simplified operations.

Energy Resources of Australia reported a $47.1 million cash outflow from operations and a $75.4 million investment spend in the September quarter, reducing cash reserves to $108.3 million.

American Rare Earths has achieved a significant metallurgical milestone by successfully removing impurities from allanite-based rare earth ore at its Halleck Creek project, potentially lowering costs and boosting rare earth recovery.

IsoEnergy Ltd. is set to acquire Toro Energy Ltd., combining two significant uranium portfolios to create a diversified global player with flagship projects in Australia, Canada, and the U.S. This strategic merger positions the new entity to capitalize on rising uranium demand amid a tightening market.

IsoEnergy Ltd. has agreed to acquire Toro Energy Ltd. in a deal that significantly expands its uranium portfolio, adding the Wiluna Uranium Project in Western Australia and creating a diversified, top-tier uranium development platform.

Peninsula Energy has completed a significant A$69.9 million equity raise backed by cornerstone investor Tees River Uranium Fund, alongside fully drawing its Davidson Kempner debt facility, setting the stage for accelerated uranium production at its Lance Project in Wyoming.

Infini Resources has significantly expanded its landholding at the Portland Creek Uranium Project in Newfoundland by 68%, staking 410 new mineral claims. Early drilling results reveal encouraging uranium and molybdenum mineralisation, setting the stage for further exploration.

NexGen Energy Ltd. has launched a significant dual equity financing, successfully upsizing its Australian offering and targeting combined proceeds exceeding C$1 billion. This move underscores the company's strategic capital expansion across North American and Australian markets.

Infini Resources has intersected widespread high-grade uranium and polymetallic mineralisation in its Phase 2 drilling at Portland Creek, Newfoundland, validating its exploration model and hinting at a district-scale hydrothermal system.