Latest Uranium News

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.

Uvre Limited has gained approval for a secondary listing on the New Zealand Stock Exchange, complementing its ASX listing and enhancing access to New Zealand investors. This move aligns with its expanding gold exploration projects across New Zealand.

Pioneer Lithium has expanded its US critical minerals portfolio by staking 111 claims across Idaho and Wyoming, targeting antimony, tungsten, and uranium in strategic mining districts. This move positions the company within key US government-prioritized minerals essential for energy security and clean technology.

Power Minerals Limited has secured an option to acquire the Gamma Heavy Rare Earths Project in California, adjacent to the Mountain Pass Mine, backed by a $4.1 million placement to accelerate exploration.

Alligator Energy has begun construction of its Samphire Project Field Recovery Trial near Whyalla, marking a key step towards uranium production amid a strengthening market.