Latest Uranium News

Augustus Minerals completed a key drilling campaign at its flagship Music Well project with assay results due shortly, while continuing to progress permitting and landowner engagement for its Papua New Guinea gold projects.

Australian Rare Earths Limited (ASX: AR3) reported robust progress at its Koppamurra Rare Earths Project, delivering a high-purity Mixed Rare Earth Oxide pathway with near-complete rare earth recovery and improved heap leach performance. Concurrently, the company defined new uranium targets at Overland with drilling imminent, supported by a strengthened balance sheet following a $6 million placement and government grants.

American Uranium Limited is gearing up to drill 55 holes at its Lo Herma ISR uranium project in Wyoming, aiming to expand and upgrade mineral resources ahead of a Q3 2026 resource update and Scoping Study.

Basin Energy secures A$1.1 million through a strategic placement led by two uranium-sector investors, aiming to accelerate drilling and geophysics at its Sybella Barkly and Newmans projects in Queensland.

Alligator Energy has moved into uranium extraction at its Samphire project, reporting initial Field Recovery Trial results that meet or exceed expectations and launching a Bankable Feasibility Study to underpin development.

The Geological Survey of Sweden has proposed designating Aura Energy’s Häggån polymetallic deposit as a national interest, potentially securing legal protections that support Europe’s clean energy ambitions through critical minerals like uranium and vanadium.

Infini Resources has received drill permits to begin its inaugural diamond drilling program targeting high-grade uranium at Reynolds and Reitenbach Lake projects in northern Saskatchewan. The campaign aims to test a large, underexplored system on the eastern Athabasca Basin margin, with drilling set to start in late April 2026.

Pinnacle Minerals has exited its US critical minerals ventures, retaining key Australian and Canadian assets while bolstering its board and cash position to pursue strategic growth.

American Uranium Ltd (ASX:AMU) has initiated a non-renounceable entitlement issue to raise approximately AUD 2.59 million, primarily to advance exploration and development at its Lo Herma uranium project in Wyoming.

NexGen Energy has expanded the vertical reach of its high-grade uranium zone at Patterson Corridor East by a third, underpinning the ongoing growth of its flagship Rook I Project as construction nears.

Deep Yellow Limited’s latest drilling at Namibia’s Tinkas Prospect confirms substantial uranium mineralisation, while a seismic survey in Australia’s Alligator River Project sharpens drill targeting for 2026.

Peninsula Energy has won a Supreme Court ruling validating a contentious nearly 20 million share issuance from February despite prospectus lapses, prompting a request to lift its trading suspension.