Latest Uranium News

Connected Minerals is set to acquire Frontier Group, gaining control of an 80% stake in the high-grade Bailundo carbonatite project in Angola, backed by a $4.5 million capital raise and planned drilling.

Barkly Rare Earths has kicked off a 10,000-metre drilling campaign at its flagship Barkly Project, aiming to grow its 40 million tonne inferred rare earth resource. Initial assays are imminent, setting the stage for a resource update later this year.

Deep Yellow has awarded two major civil and concrete construction contracts worth about A$34 million to Namibian-owned companies for its Tumas uranium project, advancing its path to a Final Investment Decision in late 2026.

American Uranium Limited has completed a modestly subscribed entitlement offer raising just over A$100,000, leaving a substantial shortfall of over 20 million shares available for placement. The company remains focused on advancing its Lo Herma ISR Uranium Project with key technical milestones planned for 2026.

European Resources Limited has boosted its Korsnäs rare earth project with a 15.4 million tonne Inferred Mineral Resource and promising metallurgical advances, while new seismic anomalies open fresh exploration avenues.

Mirrabooka Investments reported a 63.6% jump in net profit to $13 million for FY26, boosted by higher investment income and dividends. However, its portfolio lagged the benchmark, dragged down by sector exposures and tech stock de-ratings.

Lotus Resources has completed key acid plant repairs at its Kayelekera uranium mine, targeting production restart in early August 2026 and steady-state output by late year. The company also formalised a binding commitment with Mercuria for a US$30 million prepayment facility amid ongoing funding negotiations.

Sweden has enacted legislation removing uranium mining from nuclear facility regulations, easing Aura Energy's path to develop its Häggån deposit without needing municipal consent.

D3 Energy has secured independent certification of maiden prospective resources for helium, hydrogen, and methane in its South Australian PEL121 permit, establishing a significant new critical gases footprint.

Great Bear Exploration is gearing up for a major 2026 field campaign at its vast Great Bear Project in Canada, armed with fresh high-grade assay results and a cutting-edge airborne geophysics survey to refine drill targets.

Lindian Resources has secured independent validation from ANSTO of a complete hydrometallurgical flowsheet for its Kangankunde monazite concentrate, achieving near-complete NdPr extraction and producing a non-radioactive mixed rare earth carbonate product ready for commercial processing.

Western Yilgarn NL has identified five promising gold exploration targets at its Ida Holmes Junction Project, revealing a thick concealed greenstone belt and structural links to major gold systems in Western Australia.