Latest Uranium News

Patronus Resources has identified a new 1km-long gold mineralisation trend at its Cardinia East project following a 6,679m air-core drilling program, setting the stage for further exploration with upcoming reverse circulation drilling.

Power Minerals Limited has identified significant rare earth element potential at its prospective Santa Anna niobium carbonatite project in Brazil, signing a binding letter of intent to acquire the asset and planning immediate drilling to define an exploration target.

Deep Yellow Ltd disclosed a quarterly cash flow report for Q1 2025, revealing a significant operating cash outflow but a robust cash reserve that supports an estimated 20 quarters of funding runway.

Deep Yellow Limited has deferred the Final Investment Decision for its flagship Tumas uranium project due to current uranium prices, while continuing detailed engineering and early works. The company remains confident in the project's robust economics and is progressing financing and development at its Mulga Rock project.

Adavale Resources has identified additional exploration targets at its Parkes Project and remains on track for maiden drilling in Q2 2025, reinforcing its position in the highly prospective Lachlan Fold Belt.

AuKing Mining has entered a strategic joint venture with Cobalt Blue Holdings, enabling COB to earn up to 75% of the Koongie Park copper/zinc project through staged expenditure, while AuKing reallocates focus to its gold and uranium assets.

Critica Minerals Limited has announced a significant milestone with its Jupiter Project, revealing Australia’s largest and highest-grade clay hosted rare earth resource alongside successful metallurgical test results that promise substantial mass reduction and grade upgrade.

Lincoln Minerals is accelerating development across its diversified portfolio of critical minerals projects in South Australia's Gawler Craton, targeting copper, uranium, graphite, and high-purity iron to meet global electrification and decarbonization demands.

Morphic Ethical Equities Fund Limited reported a robust turnaround with a $2.96 million profit after tax for the half-year ended December 2024, reversing last year’s losses despite no dividends declared.

Trinex Minerals has secured statutory approval for a Reverse Circulation drilling program at its Dudley Lithium Project on Kangaroo Island, marking a key step forward in its lithium exploration strategy. Meanwhile, the company has withdrawn from its uranium project in Canada to focus resources on lithium.

Ragnar Metals has identified multiple large conductive anomalies at its Viken Project in Sweden, reinforcing the potential for significant uranium, vanadium, and molybdenum mineralisation. These findings, derived from reprocessed VLF geophysics and historical drilling data, set the stage for targeted exploration.

Australian Rare Earths Limited confirms uranium mineralisation in initial drilling at its expansive Overland Project, validating its geological model and highlighting potential for cost-effective ISR mining.