Latest Uranium News

Antares Metals is set to begin a 1,000m drilling campaign at its Queens Gift uranium project, aiming to expand mineralisation and upgrade its resource classification to JORC 2012 standards.

Basin Energy has engaged contractors and secured land access to begin maiden drilling at its Sybella-Barkly project, targeting uranium and rare earth elements with government support. The program aims to test district-scale sediment-hosted and paleochannel targets in Queensland.

Patronus Resources has confirmed significant high-grade gold mineralisation extensions at its Mertondale Project in Western Australia, highlighting strong growth potential along the Mertondale Shear Zone.

Infini Resources Limited has launched a non-renounceable pro-rata entitlement offer to raise approximately A$533,000 through Loyalty Options, alongside a separate allocation of 6 million options to its Joint Lead Managers. The capital raise aims to support ongoing exploration activities amid a complex risk landscape.

SciDev Limited has secured a $19.5 million contract to design and build a groundwater treatment plant for the Rum Jungle Rehabilitation Project, tackling contamination from historic uranium mining near Darwin.

Bayan Mining and Minerals has refined its rare earth element targets at the Desert Star Projects in California through detailed geophysical surveys, setting the stage for imminent drilling. The company’s integrated approach highlights structural controls similar to the nearby Mountain Pass district, boosting confidence in the project’s potential.

Greenvale Energy’s maiden drilling at the Oasis Uranium Project delivers multiple high-grade uranium intercepts, while the company expands its tenure in the Northern Territory’s prolific Pine Creek region.

Tombador Iron Limited is set to transform into Atomic Eagle Limited through its acquisition of GoviEx Uranium Inc, creating a new ASX-listed uranium explorer focused on Africa’s Muntanga Project. A capital raise of up to A$10 million will underpin this strategic pivot.

Toro Energy has agreed to be acquired by IsoEnergy in a deal valuing Toro shares at a 79.7% premium, combining uranium assets across Australia, Canada, and the US. The transaction promises enhanced scale and exposure to tier-one uranium projects, pending shareholder and regulatory approvals.

Adavale Resources has reported significant gold mineralisation extending beyond current estimates at its London Victoria Gold Mine, alongside securing $3.1 million in funding and appointing David Ward as Managing Director.

Gladiator Resources advances its US rare earth elements ambitions through a new partnership with Apex USA Resources, while progressing uranium asset discussions in Tanzania and managing ongoing legal challenges.

Global Uranium and Snow Lake Resources have agreed to merge, creating a leading US-focused uranium developer with a diversified project portfolio. The announcement also highlights a maiden high-grade resource at Maybell and ongoing promising drilling at Pine Ridge.