Latest Uranium News

Elevate Uranium has intersected a significant 13-meter thick uranium mineralisation zone in granite at its Marenica Project, revealing a new style of deposit beyond traditional palaeochannels. This discovery could reshape exploration strategies and resource potential in Namibia.

Patronus Resources announces a selective buyback of 9.66% of its shares from St Barbara Limited, exchanging them for a significant stake in Geopacific Resources. This move aims to streamline Patronus’ share register and align shareholder interests ahead of a crucial approval vote.

GTI Energy has withdrawn its previous production targets and financial forecasts for the Lo Herma uranium project, citing insufficient confidence in inferred mineral resources. The company plans further drilling to bolster resource reliability and expand the deposit.

GTI Energy’s updated scoping study for its Lo Herma Uranium Project in Wyoming highlights a promising low-cost in-situ recovery operation with robust economics and a 7-year mine life. The study outlines a central processing plant scenario delivering strong returns amid a supportive regulatory and infrastructure environment.

Thunderbird Resources has entered a strategic option agreement with Mustang Energy, enabling Mustang to acquire up to 80% of two promising uranium projects in Canada’s Athabasca Basin while Thunderbird sharpens its focus on gold-antimony assets in New South Wales.

Lotus Resources has secured Environmental and Social Impact Assessment approval for its Kayelekera Uranium Project in Malawi, paving the way for uranium production to resume in the third quarter of 2025. The company also completed a key board transition, signaling a new phase in its governance.

GTI Energy’s recent Scoping Study for its Lo Herma Uranium Project in Wyoming highlights a promising low-cost in-situ recovery operation with strong economic metrics and a 7-year production horizon.

Lincoln Minerals has secured a Native Title Mining Agreement with the Gawler Ranges Aboriginal Corporation, unlocking exploration at its promising Jungle Dam uranium prospect in South Australia.

Elevate Uranium has identified a substantial uranium mineralised envelope at its Namib IV tenement, expanding the Koppies Uranium Project and setting the stage for a maiden resource estimate later this year.

New Frontier Minerals Ltd highlights significant exploration progress at its Harts Range heavy rare earths project and the NWQ Copper Project, backed by strategic partnerships and promising assay results.

New Frontier Minerals has secured $1.59 million in funding to launch its inaugural drilling campaign targeting heavy rare earth elements, niobium, and uranium at the Harts Range Project, aligning with favorable US policies on supply chain diversification and nuclear energy.

Core Energy Minerals has secured all necessary permits to launch its maiden aircore drilling campaign at the Cummins Uranium Project in South Australia, targeting a significant paleochannel system with historic uranium mineralisation.