Noronex Launches First Uranium Drilling Campaign at Etango North Project in Namibia 1 International Drilling New Mining Projects Uranium 

Noronex Launches First Uranium Drilling Campaign at Etango North Project in Namibia

Noronex Begins Uranium Drilling at Etango North in Namibia’s Prime Uranium District Ferrodrill has commenced drilling at Noronex Limited’s Etango North Uranium Project in central Namibia, marking the company’s first uranium-focused drilling campaign in the country and a key step in expanding its presence in Namibia’s hard-rock uranium district. Noronex appointed Ferrodrill on 22 January to undertake a reverse circulation drilling program on Exclusive Prospecting Licence 6776. The well-established Namibian contractor will execute the maiden subsurface testing of multiple high-priority uranium targets. The program is the first designed to test… Read More Here
Gold and Uranium Revenues Surpass Diamonds in Namibia for the First Time 2 Gold International Uranium 

Gold and Uranium Revenues Surpass Diamonds in Namibia for the First Time

Non-Diamond Minerals Overtake Diamonds as Namibia’s Top Mining Revenue Source Namibia’s mining revenue landscape has undergone a significant shift, with income from non-diamond minerals surpassing diamond revenues for the first time, according to the Chamber of Mines of Namibia. Strong gold prices and increased uranium production have helped offset the impact of persistently weak diamond prices. Diamonds have historically been a cornerstone of Namibia’s public finances, accounting for roughly 30% of total export earnings. However, the natural diamond sector has been under pressure since mid-2022, largely due to falling prices… Read More Here
Atomic Eagle Targets 100 Million Pounds of Uranium at Muntanga Project in Zambia 3 Mining in Zambia New Mining Projects Uranium 

Atomic Eagle Targets 100 Million Pounds of Uranium at Muntanga Project in Zambia

Atomic Eagle Unveils Massive Exploration Target at Muntanga Uranium Project in Zambia ASX-listed Atomic Eagle has announced a new JORC-compliant exploration target of 40 million to 100.5 million pounds of triuranium octoxide (U₃O₈), at a grade range of 150 to 350 parts per million (ppm), for its Muntanga project in Zambia. This target is in addition to the company’s existing JORC-compliant mineral resource, which includes 40 million pounds in the measured and indicated categories and 7.4 million pounds inferred. Atomic Eagle says the new exploration target underscores the scale of… Read More Here
ReeXploration Discovers Promising Uranium Target at Eureka Project in Namibia 4 International New Mining Projects Uranium 

ReeXploration Discovers Promising Uranium Target at Eureka Project in Namibia

ReeXploration Identifies High-Grade Uranium Prospect Along Namibia’s “Alaskite Alley” Canadian-listed ReeXploration Inc. has identified a significant new uranium exploration target at its Eureka Project in the Erongo mining district, confirming the area’s potential to host Rössing-style uranium mineralisation along Namibia’s renowned “Alaskite Alley.” The discovery lies immediately southwest of the Eureka Dome, where the company already holds a defined rare earth element (REE) resource. Airborne surveys and fieldwork revealed a 6.5 by 3.5-kilometre zone of high uranium and low thorium radiometric response, a classic indicator of leucogranite-hosted uranium systems. Uranium… Read More Here
GoviEx Uranium Files Key Environmental Report for Muntanga Project in Zambia 5 Mining in Zambia Corporate News Uranium 

GoviEx Uranium Files Key Environmental Report for Muntanga Project in Zambia

GoviEx Uranium Advances Muntanga Project with Environmental Report Filing in Zambia TSX-V-listed GoviEx Uranium has formally submitted the Environmental and Social Impact Assessment (ESIA) report for its Muntanga uranium project in Zambia to the Zambia Environmental Management Agency (ZEMA). This follows an earlier draft ESIA submission earlier this year, which ZEMA reviewed without raising objections and subsequently requested GoviEx to proceed with the final filing. A Crucial Step in Project Development Prepared in compliance with Zambian regulations and international best practices, the ESIA is a fundamental requirement for securing an… Read More Here
Namibia Poised to Become a Global Uranium Powerhouse by 2030 6 International Energy Uranium 

Namibia Poised to Become a Global Uranium Powerhouse by 2030

Namibia Set to Export 40 Million Pounds of Uranium Annually as New Mines Drive Global Energy Supply By the end of this decade, Namibia could host six operating uranium mines, exporting nearly 40 million pounds annually to meet growing global demand for clean, reliable baseload energy. From Rössing’s historic legacy pits to the greenfield sites of Etango-8, uranium is reshaping Namibia’s desert, and the stakes have never been higher. Three advanced projects in the Erongo Region are set to expand Namibia’s uranium portfolio. Bannerman Energy’s Etango-8 project is the most… Read More Here
Goviex Uranium Corporate News Energy Uranium 

GoviEx Uranium and Tombador Iron Announce Reverse Takeover Deal

GoviEx Uranium Secures ASX Listing Through Reverse Takeover of Tombador Iron, Launching New Entity “Atomic Eagle” GoviEx Uranium has entered into a reverse takeover agreement with ASX-listed Tombador Iron, a deal that will create a newly listed Australian company named Atomic Eagle. Under the agreement, GoviEx shareholders will become majority owners of the restructured entity, positioning the company for accelerated uranium project development in Africa. Tombador, which previously sold its iron-ore business, currently exists as a cash-backed ASX shell with about A$10.4 million in reserves. Through a court-approved process in… Read More Here
Paladin Energy Forecasts Strong FY2026 Growth for Namibia's Langer Heinrich Uranium Mine 7 International Energy Uranium 

Paladin Energy Forecasts Strong FY2026 Growth for Namibia’s Langer Heinrich Uranium Mine

Paladin Energy Forecasts 4.4M lbs Uranium Output in FY2026 as Langer Heinrich Mine Ramps Up Australia- and Canada-listed Paladin Energy has released its financial year 2026 (FY2026) guidance for the Langer Heinrich Mine (LHM) in Namibia, forecasting a significant increase in uranium production as operations shift from processing stockpiled ore to primary mined feed. The company anticipates producing between 4.0 million and 4.4 million pounds of uranium oxide (U₃O₈) and expects to sell 3.8 million to 4.2 million pounds over the fiscal year. The cost of production is projected at… Read More Here
Deep Yellow Progresses Namibia’s Tumas Uranium Project Amid Market Rebound and FID Delay 8 Energy Corporate News International Uranium 

Deep Yellow Progresses Namibia’s Tumas Uranium Project Amid Market Rebound and FID Delay

Deep Yellow Advances Tumas Project Development Despite Delayed Investment Decision ASX-listed Deep Yellow reports continued strong progress across all key aspects of development at its flagship Tumas uranium project in Namibia, including engineering, procurement, site preparation, operational planning, and financing. The company’s decision to defer the final investment decision (FID) earlier this year has been “vindicated” by the recent surge in uranium prices, according to Managing Director and CEO John Borshoff. In April, Deep Yellow postponed its FID, citing its belief that the uranium price at the time did not… Read More Here
GoviEx Launches 2025 Field Season to Expand Uranium Resources at Zambia’s Muntanga Project 9 Mining in Zambia New Mining Projects Uranium 

GoviEx Launches 2025 Field Season to Expand Uranium Resources at Zambia’s Muntanga Project

GoviEx Uranium has officially launched its 2025 field season at the Muntanga uranium project in Zambia, signaling a major step forward in its goal to improve the project’s long-term economics and resource base. After four years of extensive studies culminating in a positive feasibility report—with a post-tax net present value (NPV) of $243 million—the company is expanding its exploration program. The new phase focuses on increasing resource size, extending the life-of-mine, and identifying new deposits to enhance the project’s overall scale and value. The 2025 exploration campaign includes approximately 3,500… Read More Here

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