Latest Uranium News

Lotus Resources has initiated processing of high-grade uranium ore at its Kayelekera Project in Malawi, moving closer to first uranium production this quarter. Key infrastructure upgrades, including a new power grid connection, aim to reduce costs and environmental impact.

Aruma Resources has confirmed maiden drilling plans at its Fiery Creek Copper Project in Queensland and secured $900,000 in a recent placement to accelerate exploration across its portfolio.

Traka Resources has secured a strategic joint venture in Guinea’s Siguiri Basin while streamlining its Australian portfolio, though a legal dispute with its Guinea partner clouds the project’s future.

Lincoln Minerals has identified multiple high-priority drill targets at its Minbrie Copper-Base Metals Project with drilling planned for late 2025, while its Kookaburra Graphite Project achieves battery-grade purity, underscoring the company’s strategic positioning in critical minerals.

Everest Metals Corporation has revealed a promising 1.1km gold anomaly at its Revere project, completed a key rubidium extraction study at Mt Edon, and is poised to start mining at Mt Dimer by year-end.

Berkeley Energia advances critical minerals exploration with promising lithium and rubidium findings at its Conchas Project, while escalating a $1 billion arbitration against Spain over uranium project permitting. Political shifts in Spain’s nuclear policy add a new dimension to the company’s strategic outlook.

Basin Energy advances exploration with high-grade uranium and polymetallic mineralisation in North Sweden and expands its footprint in Canada’s Athabasca Basin. New assays and strategic partnerships set the stage for next-phase growth.

Energy Resources of Australia (ERA) reports ongoing legal challenges over the Jabiluka Mineral Lease and compulsory acquisition objections requiring Federal Court approval, while investing heavily in Ranger Project rehabilitation.

Heavy Rare Earths Limited (ASX – HRE) reports significant uranium, scandium, and rare earth assays from its Radium Hill project, alongside strategic airborne surveys and advancing exploration across Australia.

Orpheus Uranium Limited has secured $1.25 million to fund its newly acquired Pirie Basin Project, marking a strategic shift towards active exploration across key uranium provinces in Australia.

Orpheus Uranium Limited reported a net cash outflow from operations and investing in the June quarter but strengthened its cash position through financing activities, extending its funding runway to over seven quarters.

DMC Mining’s planned acquisition of the Firawa and Labé uranium projects in Guinea faces delays due to exploration license approvals, while the company’s cash reserves dwindle to just A$14,000.