Latest Wyoming News

American Rare Earths has moved Halleck Creek closer to development, expanding the proposed Cowboy State Mine, completing 18 feasibility-stage drill holes and beginning pilot plant processing. But with A$11.0 million in cash and an estimated 1.44 quarters of funding at current outgoings, the next phase will likely require fresh capital or another funding source.

American Uranium has increased its Lo Herma uranium resource by 16% and lifted the Indicated portion by 72%, while positive aquifer testing supports the technical case for in-situ recovery. The gains come with a pressing funding question, as AMU reported only 0.4 quarters of available cash at September end.

American Uranium’s Mine Unit 1 pump test sustained 19.2 gallons per minute for 48 hours, producing results the company says support an in-situ recovery development pathway at Lo Herma. The data now feed into a planned Scoping Study, although further testing and permitting work remain.

Pro Medicus has signed a seven-year, A$24 million contract with Billings Clinic - Logan Health for a cloud-based deployment of its Visage 7 imaging platform. The transaction-based structure offers potential additional upside, although the announcement does not quantify future volumes or revenue timing.

American Rare Earths has expanded the proposed Cowboy State Mine in Wyoming to a 4.5 million tonne per year operation with a 26-year mine plan and an estimated after-tax NPV of US$1.07 billion. The stronger study case comes with higher capital, lower recoveries and no Ore Reserves, leaving metallurgy, permitting and funding as the next tests.

Peninsula Energy’s low-pH uranium restart delivered stronger grades but struggled to move enough solution through the Lance wellfields, forcing guidance to be withdrawn and triggering a US$50.1 million impairment. Auditors flagged material uncertainty over the company’s ability to continue as a going concern, despite fresh funding and a reconfirmed CY2027 production target.

Peninsula Energy has reported stronger flow rates from several Lance header houses, including HH17 operating above its design target and new wells delivering higher rates and grades. The company is retaining its 2027 production guidance while slowing capital deployment until the operating improvements are proven over time.

Peninsula Energy has increased the reported uranium resource at its Lance Project in Wyoming to 59.0 million pounds, with the Ross area delivering the clearest gain. The update adds confidence around Mine Unit 4, but remains a mineral resource estimate rather than a reserve or production forecast.

Peninsula Energy expects to book an approximately US$50 million non-cash impairment against legacy assets at its Lance uranium project in Wyoming. The charge removes value from Mine Units 1, 2 and 3 as the company concentrates capital and technical resources on Mine Unit 4 and future development.

American Rare Earths has reported broad, near-surface rare earth mineralisation from the first six holes of its 2026 feasibility drilling program in Wyoming. The results are encouraging for geological continuity, but they cover only part of the program and do not yet represent a new resource estimate.

Renegade Exploration has boosted and prolonged its loan facility to $2 million, using shares from its recent Carpentaria JV sale as additional security to support ongoing exploration.

Energy Fuels Inc. reported a transformative 2024 with a major acquisition boosting its heavy mineral sands assets, a uranium production ramp-up at key US mines, and commercial rare earth oxide output from its White Mesa Mill.