Latest Uranium News

Bannerman Energy reported a strong cash position of AUD 89.3 million at the end of December 2025, supported by significant equity financing and ongoing exploration investments. The company’s funding runway now extends to over nine quarters, providing a solid buffer for its uranium exploration activities.

NGX Limited has progressed its natural graphite exploration in Malawi and uranium projects in Namibia, while maintaining a robust financial footing with $2.7 million cash and no debt. The company is actively pursuing strategic partnerships and development pathways aligned with the clean energy transition.

AuKing Mining Ltd has agreed to acquire 100% of tin and silver exploration licences adjacent to Tasmania’s Renison Bell mine, tapping into a historically rich mining district amid surging tin prices.

Lotus Resources has made significant progress resolving sulphuric acid supply issues critical to ramping up production at its Kayelekera Uranium Mine, though full steady-state output is now expected in the second quarter of 2026.

Mandrake Resources advances its Utah Lithium Project with a significant 3.3Mt lithium carbonate equivalent inferred resource, alongside key agreements for lithium offtake and uranium recovery.

Berkeley Energia reports promising metallurgical results from its Conchas critical minerals project in Spain while pursuing a US$1 billion arbitration over permitting delays at its Salamanca uranium project.

QX Resources has confirmed high-grade uranium mineralisation at its Madaba project in Tanzania and commissioned a detailed airborne radiometric survey to refine drill targets. Meanwhile, gold and iron ore projects in Australia await further exploration.

Orpheus Uranium Limited made significant strides in 2025 with critical land-access agreements and regulatory approvals across its uranium projects, positioning the company for advanced exploration in 2026. The acquisition of the Oobagooma Project further diversifies its portfolio in Western Australia.

Pioneer Minerals has advanced its US critical minerals portfolio with promising high-grade tungsten and gold results at North Pine, alongside uranium exploration progress, supported by a $1 million capital raise.

Globe Metals & Mining has officially started construction at its fully permitted Kanyika Niobium Project in Malawi, marking a key shift from planning to execution with first oxide production targeted for early 2028.

American Uranium Limited has reported significant progress at its Lo Herma ISR uranium project, completing extensive drilling and validating aquifer conditions that support in-situ recovery mining. The company is poised to update its resource estimates and advance development plans in 2026.

Core Energy Minerals has launched fully funded exploration at its newly acquired Itambe Rare Earth Element project in Brazil, targeting high-grade anomalies with maiden drilling planned for the second quarter of 2026.