Latest Uranium News

Heavy Rare Earths Limited has cleared a key cultural hurdle with the Dieri Aboriginal Corporation, paving the way for a 25-hole maiden drill campaign at its South Ridge tin project in South Australia. The program aims to convert promising historic high-grade intersections into a maiden resource estimate, pending environmental approvals and road repairs after unprecedented rainfall.

Atomic Eagle Limited has secured an option to acquire the Sitwe Uranium Project in Zambia, increasing its exploration acreage by 38% and complementing its flagship Muntanga asset with promising historical uranium intercepts.

Cauldron Energy has acquired five new tenements at its Yanrey Uranium Project, significantly enlarging its landholding around Paladin Energy’s Manyingee deposit and setting the stage for a major 2026 drilling campaign.

Peninsula Energy has completed a fully underwritten A$36.1 million equity raise backed by institutional investors including Washington H. Soul Pattinson, alongside a US$30 million convertible note facility to support its Lance Uranium Project ramp-up.

Golden Horse Minerals has uncovered numerous high priority copper, cobalt, and uranium targets at its Sorrel Copper Project in the Northern Territory, setting the stage for an active dry season exploration campaign alongside a strategic review to maximise project value.

Laramide Resources posted a CAD 1.13 million net loss for Q1 2026, reflecting ongoing exploration costs and a one-off loss from exiting its Kazakhstan asset. The company’s mineral property base expanded to CAD 118.7 million, driven by Australian and US projects.

Paladin Energy Ltd (ASX:PDN) swung to a quarterly profit with US$8.4 million gross profit and bolstered its balance sheet through a A$400 million equity raise, positioning itself for expansion in uranium production and development.

Core Energy Minerals (ASX:CR3) has confirmed significant rare earth oxides with a high magnetic component in early sampling at its Campo Largo project, setting the stage for systematic drilling this quarter.

Atomic Eagle’s initial drilling results at Chisebuka reveal a significant expansion of a higher-grade uranium zone, reinforcing the company’s 2026 resource growth ambitions at its flagship Muntanga Project in Zambia.

American Uranium Limited has pushed back the closing date of its $2.59 million rights issue to 3 June 2026 after resolving a BPAY payment issue, giving shareholders more time to participate. The company also reaffirmed its Wyoming uranium resource estimates with no material changes.

Metallium has successfully completed a 12-hour continuous run of its commercial-scale Flash Joule Heating reactor, demonstrating stable operation and exceeding throughput expectations. This milestone reduces scale-up risks ahead of planned multi-reactor deployment at its Texas facility.

Lotus Resources has disclosed operational challenges at its Kayelekera uranium mine, revising production figures downward and delaying steady-state output to the third quarter of 2026.