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Uranium

Uranium is a heavy, silvery-white metallic element and radioactive commodity that serves as the primary fuel for nuclear power generation worldwide. The element occurs naturally in low concentrations in rock, soil and water, and is extracted through conventional mining or in-situ leaching methods. Uranium's significance lies in its ability to sustain nuclear fission reactions, making it essential for electricity generation in nuclear reactors and for certain medical and industrial applications. Major uranium-producing countries include Kazakhstan, Canada and Australia, with Canada's Athabasca Basin in Saskatchewan hosting some of the world's highest-grade deposits. The uranium market is characterised by long-term supply contracts between producers and utilities, with prices historically volatile and sensitive to nuclear energy policy, reactor construction cycles and geopolitical factors. After mining, uranium ore is milled and processed into yellowcake (U₃O₈), which is then converted, enriched and fabricated into fuel assemblies for reactors. Global uranium demand is driven primarily by the nuclear power sector, which supplies roughly 10% of the world's electricity, though this share varies significantly by country. The industry faced a prolonged downturn following the 2011 Fukushima disaster, which led to reactor shutdowns and dampened demand, but has seen renewed interest as countries seek low-carbon baseload power to meet climate commitments. Environmental and safety considerations remain central to uranium mining and processing, with strict regulatory oversight governing radiation protection, tailings management and site rehabilitation.

Uranium News


The Rossing uranium mine
IDC to sell its stake in Namibian uranium mine
4th September 2026 By: Bloomberg

South Africa’s Industrial Development Corporation (IDC) plans to sell its stake in a Namibian uranium project because the mine’s backers include Iranian and Russian entities. The IDC owns about... 


Image of Rook 1 operations
Rook I uranium project, Canada – update
4th September 2026 By: Sheila Barradas

NexGen Energy officially marked the start of construction on August 13, 2026. 


Haranga CEO Patrick Mutz
Haranga gains development cycle veteran Mutz as CEO
1st September 2026 By: Marleny Arnoldi

ASX-listed gold explorer Haranga Resources has appointed Patrick Mutz MD and CEO effective September 1, bringing 30 years of proven capability and experience across project execution, team... 


An image of Elevate Uranium drilling in Namibia
Elevate reports results from U-pgrade pilot plant in Namibia
31st August 2026 By: Tasneem Bulbulia

ASX-listed Elevate Uranium has recorded an operational update for the U-pgrade pilot plant programme that is processing ore sourced from the company’s Marenica uranium project, in Namibia. U-pgrade... 


Drilling at Patterson Lake South
Uranium developer Paladin inks third mutual benefits agreement with First Nation in Saskatchewan
31st August 2026 By: Marleny Arnoldi

ASX- and TSX-listed uranium producer Paladin Energy's Canadian subsidiary has signed a mutual benefits agreement with the Birch Narrows Dene Nation covering the Patterson Lake South project, in the... 


Anfield's Shootaring Canyon Mill
Anfield Energy conducts first blast at historic Velvet-Wood mine
28th August 2026 By: Marleny Arnoldi

TSX-V- and Nasdaq-listed Anfield Energy has completed the first underground blast in nearly 40 years at the historic Velvet-Wood uranium and vanadium project, in Utah. The site had not seen active... 


A block with uranium on the periodic table
France's Orano expands uranium search in Botswana
24th August 2026 By: Reuters

Botswana has granted three new uranium prospecting licences to Orano Mining, adding to the 15 licences already held by the French state-owned company, as the southern African country seeks to... 


An image of Madaouela
Atomic Eagle secures Niger project
24th August 2026 By: Tasneem Bulbulia

ASX-listed Atomic Eagle has agreed terms of a mining convention with Niger to re-establish its interest in the Madaouela uranium project, which hosts a mineral resource of 116.5-million pounds of... 


White Mesa Mill, in Utah
US rare earths producer Energy Fuels' terbium meets Japanese magnet maker qualification
19th August 2026 By: Marleny Arnoldi

TSX-listed, US-based rare earths producer Energy Fuels' terbium oxide has successfully passed all qualifications for use by one of the world's largest manufacturers of permanent magnets, in Japan.... 


Sibanye-Stillwater granted approval for New Beisa Node transfer – Neo Energy Metals
18th August 2026 By: Tasneem Bulbulia

Uranium and gold developer Neo Energy Metals has provided an update on the regulatory transfer process for the Beatrix 4 Shaft Mining Area (New Beisa Node) in South Africa’s Free State province.... 


BHP CEO Brandon Craig
BHP profit tops estimates as copper powers growth, to pay highest dividend in 4 years
18th August 2026 By: Reuters

BHP Group reported better-than-expected full-year earnings and declared its highest annual dividend in four years, boosted by record copper prices that cemented the metal's lead over iron-ore as... 


Nex Gen's Rook I project
Canadian miner NexGen Energy holds talks with BHP as it seeks $1bn for uranium project
17th August 2026 By: Reuters

Canadian uranium miner NexGen Energy is sharing information and "talking regularly" with mining giant BHP, about its Rook I mining project in Saskatchewan, CEO Leigh Curyer told Reuters when asked... 


Uranium mineralisation
Schutte steps down as Neo Energy Metals CFO
14th August 2026 By: Lumkile Nkomfe

LSE-listed gold and uranium development company Neo Energy Metals has announced that De Wet Schutte has stepped down from his role as a director and CFO of the company by mutual agreement. Schutte... 


Rare earths
Scoping study on Brazilian Rare Earths' Rocha da Rocha project confirms lowest-cost Western supply opportunity
13th August 2026 By: Marleny Arnoldi

ASX-listed Brazilian Rare Earths' newly published scoping study on the Rocha da Rocha rare earths project, in Brazil, particularly its anchor Monte Alto deposit, finds the potential for... 


An image of Kayelekera
Acid plant, uranium processing operations resume at Lotus’ Malawi plant
12th August 2026 By: Tasneem Bulbulia

ASX-listed Lotus Resources says that both acid production and uranium processing have resumed at its Kayelekera uranium mine, in Malawi. Processing was suspended in June following the disruption of... 


Uranium
Terra Clean Energy consolidates, digitises vast historical exploration database for Marysvale project
11th August 2026 By: Marleny Arnoldi

Canadian uranium explorer Terra Clean Energy Corporation has completed the acquisition, compilation and digitisation of a significant historical exploration database for its 100%-owned Marysvale... 


Uranium symbol
Skyharbour CEO Trimble assists Purecore Metals as adviser
7th August 2026 By: Marleny Arnoldi

Canada- and Frankfurt-listed uranium and copper explorer Purecore Metals has appointed Jordan Trimble as a strategic adviser to the company, bringing professional experience and expertise in mining... 


Centre for Science, Technology and Innovation Indicators research specialist Dr Amy Kahn.
Is South African mining’s modernisation urgency falling largely on deaf ears?
6th August 2026 By: Martin Creamer

Despite South African mining ending up tenth in a ten-country global benchmarking exercise, two-thirds of the respondents who participated in a survey appear to be more intent on just doing the... 


Uranium mineralisation
Global Uranium to consolidate Canadian shares
31st July 2026 By: Marleny Arnoldi

Canada- and Frankfurt-listed Global Uranium Corporation has proposed a consolidation of its common shares on a ten-to-one basis on the CSE. The company has about 59.1-million common shares... 


Uranium mineralisation
Purecore secures option to earn 100% of Skyharbour's underexplored Yurchison prospect
31st July 2026 By: Marleny Arnoldi

Canadian uranium developers Skyharbour Resources and Purecore Metals have entered into a definitive option agreement whereby Purecore may earn up to 100% of the Yurchison property, in Saskatchewan.... 


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pqt: 0.151s - ct: 0.203s - 275pq - 2rq
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