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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


Yellowcake
US-focused uranium producer Peninsula Energy withdraws this year's guidance as it resolves temporary flow rate issue
22nd July 2026 By: Marleny Arnoldi

ASX-listed uranium producer Peninsula Energy has withdrawn its production guidance for 2026 owing to slower-than-expected wellfield ramp-up activity at the Lance uranium project, in Wyoming. The... 


Arkle expands drilling programme at Namibia uranium project
Arkle expands drilling programme at Namibia uranium project
17th July 2026 By: Sabrina Jardim

London-listed Arkle Resources has announced that the initial 1 500 m reverse circulation (RC) drilling programme at its Erongo uranium project, in Namibia, is proceeding as planned. Carnotite, a... 


Uranium oxide in hand
US company seeks to produce uranium for nuclear energy from seawater
15th July 2026 By: Reuters

Texas-based SuperCritical Materials Corp said on Tuesday it has won an exclusive license from the US Department of Energy (DoE) to extract uranium from seawater, a process that was developed by US... 


Uranium mineralisation
Foremost completes Phase 2 earn-in requirements 15 months ahead of deadline
10th July 2026 By: Marleny Arnoldi

Canadian uranium developer Foremost Clean Energy has completed the Phase 2 earn-in requirements under its option agreement with TSX-listed Denison, with Foremost having issued to Denison $2-million... 


Uranium mineralisation
American Uranium on track to upgrade mineral resource, publish scoping study soon at Lo Herma
10th July 2026 By: Marleny Arnoldi

ASX-listed American Uranium has successfully completed a drilling programme designed to underpin the next resource update and scoping study at the Lo Herma project, in Wyoming. The project... 


Eagle Nuclear's Aurora project area
Eagle Nuclear tasks key firms for drilling preparation at Aurora uranium project
9th July 2026 By: Marleny Arnoldi

Nasdaq-listed Eagle Nuclear Energy Corporation has engaged several key service providers as part of the company's planned prefeasibility study- (PFS-) related drill programme at the Aurora uranium... 


Peru President Keiko Fujimori
Peruvian miner American Lithium welcomes 'mining positive' Presidential election outcome
9th July 2026 By: Marleny Arnoldi

TSX-V-listed American Lithium has welcomed the official confirmation of Keiko Fujimori's Presidential election victory in Peru earlier this week, which marks a positive outlook for the country's... 


Sunday Mine Complex
Western Uranium reports higher-than-expected uranium grades after customer testing
9th July 2026 By: Marleny Arnoldi

Canadian miner Western Uranium & Vanadium Corporation has concluded a uranium ore delivery programme at the Sunday Mine Complex to Energy Fuels' White Mesa mill, in Utah. Western Uranium says it... 


Image of yellowcake
Muntanga uranium project, Zambia – update
3rd July 2026 By: Sheila Barradas

The Zambia Environmental Management Agency approved the project’s environmental- and social-impact assessment in June 2026. 


White Mesa uranium mill, in Utah
US report confirms uranium development is at its highest levels in more than ten years
1st July 2026 By: Marleny Arnoldi

Statistics and analysis firm US Energy Information Administration (EIA) finds in its latest yearly uranium production report that US-based uranium mines produced 2.1-million pounds of triuranium... 


A generic image of mineralised uranium
Neo Energy Metals advances uranium, gold project rollouts amid corporate restructuring
30th June 2026 By: Lumkile Nkomfe

Aim-listed Neo Energy Metals has made progress across its New Beisa and Henkries uranium and gold projects, in the Free State and the Northern Cape, in South Africa, respectively, for the quarter... 


Botswana Minerals chairperson John Teeling
AI review uncovers historic copper mineralisation targets for Botswana Minerals
30th June 2026 By: Lumkile Nkomfe

Aim-listed Botswana Minerals has announced that an AI-driven review of legacy geological records identified primary copper sulphide and altered copper minerals in historical drill cores from holes... 


Uranium mineralisation
Uranium Royalty Corp's $1.1bn arrangement wll meaningfully expand royalty platform
29th June 2026 By: Marleny Arnoldi

TSX- and Nasdaq-listed Uranium Royalty Corporation (URC) has filed a management information circular and related proxy materials ahead of a special meeting of shareholders to approve a proposed... 


ETM's Kuannersuit project in Greenland
Greenland blocks Australian miner's request for licence renewal over uranium ban
29th June 2026 By: Reuters

Greenland said on Friday it has rejected an application from Greenland Minerals, a unit of Australia's Energy Transition Minerals (ETM), to renew its exploration licence for the Kuannersuit... 


A generic image of mineralised uranium
Lotus Resources outlines operational, funding challenges in Malawi
25th June 2026 By: Lumkile Nkomfe

ASX-listed Lotus Resources has temporarily halted production at its Kayelekera uranium mine, in Malawi, owing to equipment damage and a supply disruption in a third-party acid supply chain linked... 


PLS project
Paladin Energy reports new high-grade uranium discovery at Patterson Lake South
25th June 2026 By: Marleny Arnoldi

ASX- and TSX-listed Paladin Energy has completed its 2026 winter drilling programme at the Patterson Lake South (PLS) uranium project, in Saskatchewan, Canada, noting the discovery of a new body of... 


BHP CEO Brandon Craig
Strikes, soaring costs and M&A await BHP's new CEO Craig
25th June 2026 By: Reuters

Newly minted BHP CEO Brandon Craig faces a crowded in-tray as he takes mining's top job on July 1, from threatened iron ore strikes and ballooning costs to a potential uranium push and a febrile... 


Atomic Eagle receives enviro, resettlement approvals for Muntanga project
Atomic Eagle receives enviro, resettlement approvals for Muntanga project
24th June 2026 By: Sabrina Jardim

ASX-listed Atomic Eagle reports that it has received approval for the environmental- and social-impact assessment (ESIA) from the Zambia Environmental Management Agency (ZEMA) and a “no objection”... 


Cameco CEO Tim Gitzel
Cameco lauds US efforts to kickstart nuclear reactor supply chain
24th June 2026 By: Marleny Arnoldi

Canadian uranium producer Cameco Corporation has welcomed an announcement made by the US Department of Energy's (DoE's) Office of Energy Dominance Financing on its conditional commitment for the... 


An image of Arkle Resources chairperson John Teeling
Arkle describes its foray into Namibian uranium as an important development
23rd June 2026 By: Tasneem Bulbulia

Aim-listed Arkle Resources last year continued its strategy as a gold, zinc and lithium explorer, working in Ireland and Botswana, but highlights in a preliminary results statement for the year... 


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