# Uranium Mining News in Namibia

Canonical page: https://atlas-staging.minestarters.com/news?commodities=uranium&regions=namibia

Atlas summarizes and classifies mining-industry stories from third-party publishers. Follow each source link for the original reporting.

Results: 16
Returned: 10
Coverage: drill results, resource updates, and metallurgy; primary commodity matching; all time unless dates are supplied.
Region: Namibia (namibia)
Commodity: Uranium (uranium)
Applied filters: {"regions":["namibia"],"commodities":["uranium"],"commodity_scope":"primary","document_types":["drill_results","resource_update","metallurgy"],"document_type_match":"any"}
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## Maiden Drilling Confirms Uranium Discovery at ULG

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/maiden-drilling-confirms-uranium-discovery-at-ulg--376f33f0-a68e-4697-8146-b28240a20444) · [Markdown](https://atlas-staging.minestarters.com/news/maiden-drilling-confirms-uranium-discovery-at-ulg--376f33f0-a68e-4697-8146-b28240a20444.md)
- Original announcement: 2026-10-13T05:00:03.000Z
- Atlas analysis published: 2026-10-13T08:50:59.231Z
- Atlas analysis updated: 2026-10-13T08:50:59.231Z
- Company: Arkle Resources PLC (ARK)
- Original source: [lse](https://www.londonstockexchange.com/news-article/ARK/maiden-drilling-confirms-uranium-discovery-at-ulg/17832100)
- Atlas sentiment: 0.732
- Atlas tags: Maiden Drilling, High Grade Intercept, Step-Out Extension, QA/QC Disclosed, Compositing Transparent, Apparent Width Only, Open Pit Potential, Regional Comparability, Continuity Confirmed

Arkle Resources PLC announced a significant uranium discovery at its ULG target in Namibia, with maiden reconnaissance drilling confirming mineralization in eight of nine holes across a 1.4 km by 0.6 km footprint. The drilling intersected thick, near-surface uranium mineralization, including higher-grade sheets, and the system remains open at depth, showing grades comparable to regional bulk-tonnage open-pit deposits. Follow-up drilling is planned for November to further define the target towards a maiden Mineral Resource estimate.

## Paladin Energy Ltd: Quarterly Report for the period ending 30 September 2026

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/paladin-energy-ltd-quarterly-report-for-the-period-ending-30-september-2026--147e381e-8e8b-4cee-b50a-b27aef33b4a1) · [Markdown](https://atlas-staging.minestarters.com/news/paladin-energy-ltd-quarterly-report-for-the-period-ending-30-september-2026--147e381e-8e8b-4cee-b50a-b27aef33b4a1.md)
- Original announcement: 2026-10-13T00:00:00.000Z
- Atlas analysis published: 2026-10-14T00:33:24.222Z
- Atlas analysis updated: 2026-10-14T00:33:24.222Z
- Company: Paladin Energy Ltd (PDN)
- Original source: [globenewswire](https://www.globenewswire.com/news-release/2026/10/13/3380289/0/en/paladin-energy-ltd-quarterly-report-for-the-period-ending-30-september-2026.html)
- Atlas sentiment: 0.332
- Atlas tags: None

Paladin Energy Ltd reported mixed operational results for Q1 FY2027, with U3O8 production of 1.00 Mlb at its Langer Heinrich Mine impacted by a planned maintenance shutdown and ore characteristics, leading to a higher cost of production. However, the company achieved strong realised prices of US$79.4/lb and reaffirmed its FY2027 production guidance, expecting improved performance in the second half. Concurrently, exploration drilling at the Patterson Lake South Project in Canada successfully extended high-grade uranium mineralisation at the Atlas and Saloon East discoveries, and significant permitting milestones were achieved for the project's Construction Licence.

## Arkle announces first phase drilling results from Namibia uranium project

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/arkle-announces-first-phase-drilling-results-from-namibia-uranium-project--e1efe5d3-5989-48f1-b853-ac2528a6f8a3) · [Markdown](https://atlas-staging.minestarters.com/news/arkle-announces-first-phase-drilling-results-from-namibia-uranium-project--e1efe5d3-5989-48f1-b853-ac2528a6f8a3.md)
- Original announcement: 2026-10-12T10:54:00.000Z
- Atlas analysis published: 2026-10-12T17:03:15.966Z
- Atlas analysis updated: 2026-10-12T17:03:15.966Z
- Company: Arkle Resources
- Original source: [miningweekly](https://www.miningweekly.com/article/arkle-announces-first-phase-drilling-results-from-namibia-uranium-project-2026-10-12)
- Atlas sentiment: 0.452
- Atlas tags: Step-Out Extension, QA/QC Disclosed

Arkle Resources has reported successful first-phase drilling results at its Erongo uranium project in Namibia, intersecting uranium mineralisation across several drill fences. The results highlight near-surface mineralisation, including a high-grade intercept of 262 ppm U3O8 in hole R003.

## Uranium Intersected Along 2.9 km Of Paleochannel

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/uranium-intersected-along-2-9-km-of-paleochannel--91d0c5a8-048e-41c7-89e9-804370aa9ff6) · [Markdown](https://atlas-staging.minestarters.com/news/uranium-intersected-along-2-9-km-of-paleochannel--91d0c5a8-048e-41c7-89e9-804370aa9ff6.md)
- Original announcement: 2026-10-12T05:00:10.000Z
- Atlas analysis published: 2026-10-12T11:04:55.587Z
- Atlas analysis updated: 2026-10-12T11:04:55.587Z
- Company: Arkle Resources PLC (ARK)
- Original source: [lse](https://www.londonstockexchange.com/news-article/ARK/uranium-intersected-along-2-9-km-of-paleochannel/17829890)
- Atlas sentiment: 0.577
- Atlas tags: Near-surface mineralization, QA/QC Disclosed, QP/CP Signed, Apparent Width Only, Exploration Drilling

Arkle Resources PLC announced positive first-phase drilling results from its Erongo uranium project in Namibia, intersecting near-surface uranium mineralization along 2.9 km of the Paleo East channel. All twelve mineralized intervals begin within five metres of surface, with a best intercept of 6 m at 102 ppm U₃O₈ from surface in hole R057. The results are comparable to the nearby Trekkopje deposit, and only 23% of the interpreted channel length has been tested, indicating significant exploration upside.

## CR3: Investor Presentation - Global Uranium Conference

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/cr3-investor-presentation-global-uranium-conference--27a6dc6a-fce9-417f-8d1a-3721b4094d1d) · [Markdown](https://atlas-staging.minestarters.com/news/cr3-investor-presentation-global-uranium-conference--27a6dc6a-fce9-417f-8d1a-3721b4094d1d.md)
- Original announcement: 2026-10-08T00:24:00.000Z
- Atlas analysis published: 2026-10-08T01:04:47.484Z
- Atlas analysis updated: 2026-10-08T01:04:47.484Z
- Company: Core Energy Minerals Limited (CR3)
- Original source: [asx](https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03150073)
- Atlas sentiment: 0.101
- Atlas tags: Stale Data Re-release

Core Energy Minerals presented an investor update highlighting its strategic uranium portfolio in Namibia, specifically the Nova JV and greenfield projects Gemsbok and Oryx. The presentation outlines the company's leadership, market context for uranium, and upcoming drilling plans for the Barking Gecko prospect.

## ReeXploration Reports Downhole Gamma Results Supporting an Extensive Uranium System at Eureka in Namibia

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/reexploration-reports-downhole-gamma-results-supporting-an-extensive-uranium-sys--ca094bab-9e03-4495-9e8d-53ffe489e50e) · [Markdown](https://atlas-staging.minestarters.com/news/reexploration-reports-downhole-gamma-results-supporting-an-extensive-uranium-sys--ca094bab-9e03-4495-9e8d-53ffe489e50e.md)
- Original announcement: 2026-10-06T10:30:00.000Z
- Atlas analysis published: 2026-10-06T10:35:58.944Z
- Atlas analysis updated: 2026-10-06T10:35:58.944Z
- Company: ReeXploration Inc. (REE)
- Original source: [newsfile](https://www.newsfilecorp.com/release/317492/ReeXploration-Reports-Downhole-Gamma-Results-Supporting-an-Extensive-Uranium-System-at-Eureka-in-Namibia)
- Atlas sentiment: 0.21
- Atlas tags: Apparent Width Only, Compositing Transparent, QA/QC Disclosed, Exploration Drilling, Step-Out Extension

ReeXploration Inc. reported encouraging downhole gamma results from its Phase 1 drilling program at the Eureka Project in Namibia, confirming widespread equivalent uranium oxide (eU₃O₈) responses in leucogranite intrusions and shallow calcrete targets. Key intercepts include 16.7 metres averaging 79.2 ppm eU₃O₈ in SU26-08 and 4.9 metres averaging 139.7 ppm eU₃O₈ in SU26-04. The company plans follow-up exploration to advance both target types, acknowledging that the results are radiometric estimates and true widths are not yet determined.

## ReeXploration Reports Downhole Gamma Results Supporting an Extensive Uranium System at Eureka in Namibia

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/reexploration-reports-downhole-gamma-results-supporting-an-extensive-uranium-sys--f4ad776e-7f63-4b12-8a82-35ec7a28c16b) · [Markdown](https://atlas-staging.minestarters.com/news/reexploration-reports-downhole-gamma-results-supporting-an-extensive-uranium-sys--f4ad776e-7f63-4b12-8a82-35ec7a28c16b.md)
- Original announcement: 2026-10-06T05:03:30.000Z
- Atlas analysis published: 2026-10-06T12:41:25.739Z
- Atlas analysis updated: 2026-10-06T12:41:25.739Z
- Company: ReeXploration Inc. (REE)
- Original source: [jmn](https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3111-tsx-venture/ree/212356-reexploration-reports-downhole-gamma-results-supporting-an-extensive-uranium-system-at-eureka-in-namibia.html)
- Atlas sentiment: 0.063
- Atlas tags: Apparent Width Only, QA/QC Disclosed, Compositing Transparent, Exploration Drilling, Radiometric Estimate, Low Grade

ReeXploration Inc. reported downhole gamma results from its Phase 1 drilling program at the Eureka Project in Namibia, confirming widespread equivalent uranium oxide (eU₃O₈) responses within leucogranite intrusions and their contacts. The program identified two distinct uranium exploration opportunities: leucogranite-hosted bedrock mineralization and shallow secondary uranium in calcrete. The results, including intercepts such as 16.7 metres averaging 79.2 ppm eU₃O₈ in SU26-08, support the geological model and warrant further exploration.

## BMN: Annual Report to shareholders

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/bmn-annual-report-to-shareholders--96d9b01e-ad3a-43fd-a45e-15bd2d27d0d5) · [Markdown](https://atlas-staging.minestarters.com/news/bmn-annual-report-to-shareholders--96d9b01e-ad3a-43fd-a45e-15bd2d27d0d5.md)
- Original announcement: 2026-09-23T22:18:00.000Z
- Atlas analysis published: 2026-09-23T23:20:05.279Z
- Atlas analysis updated: 2026-09-23T23:20:05.279Z
- Company: Bannerman Energy Ltd (BMN)
- Original source: [asx](https://www.asx.com.au/asx/v2/statistics/displayAnnouncement.do?display=pdf&idsId=03143056)
- Atlas sentiment: 0.42
- Atlas tags: Resource Update, JORC Compliant, QP/CP Signed, Cut-off Disclosed, Inferred Resource

Bannerman Energy Ltd's annual report for the year ended 30 June 2026 highlights significant progress on its Etango Uranium Project in Namibia. Key milestones include a strategic partnership with CNNC Overseas Limited (CNOL) for funding and offtake, and a A$124 million institutional placement, substantially de-risking the project's development. The company also reported stable uranium Mineral Resource and Ore Reserve estimates, with early works and detailed engineering advancing towards a Final Investment Decision.

## As yellowcake prices take off, Core Energy expands presence in world-class Namibian province

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/as-yellowcake-prices-take-off-core-energy-expands-presence-in-world-class-namibi--9bc4dced-85b4-44f0-9dd5-38f515be8840) · [Markdown](https://atlas-staging.minestarters.com/news/as-yellowcake-prices-take-off-core-energy-expands-presence-in-world-class-namibi--9bc4dced-85b4-44f0-9dd5-38f515be8840.md)
- Original announcement: 2026-09-16T20:40:36.000Z
- Atlas analysis published: 2026-09-16T21:08:10.091Z
- Atlas analysis updated: 2026-09-16T21:08:10.091Z
- Company: Core Energy Minerals (CR3)
- Original source: [stockhead](https://stockhead.com.au/resources/as-yellowcake-prices-take-off-core-energy-expands-presence-in-world-class-namibian-province/)
- Atlas sentiment: 0.577
- Atlas tags: None

Core Energy Minerals (ASX:CR3) has announced a transformational earn-in for a potential 51% stake in the Nova joint venture in Namibia's Erongo region. The deal provides access to high-grade uranium targets, including the Barking Gecko prospect, which features significant historic intercepts. The company plans to initiate a 2500m RC drill program to confirm these results and work towards a maiden resource.

## Core Energy lands Nova JV with advanced uranium targets

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/core-energy-lands-nova-jv-with-advanced-uranium-targets--0c8a9092-d181-4746-816e-adaf2c82bd2e) · [Markdown](https://atlas-staging.minestarters.com/news/core-energy-lands-nova-jv-with-advanced-uranium-targets--0c8a9092-d181-4746-816e-adaf2c82bd2e.md)
- Original announcement: 2026-09-02T01:56:45.000Z
- Atlas analysis published: Unknown date
- Atlas analysis updated: Unknown date
- Company: Core Energy Minerals (CR3)
- Original source: [stockhead](https://stockhead.com.au/resources/core-energy-lands-nova-jv-with-advanced-uranium-targets/)
- Atlas sentiment: 0.493
- Atlas tags: Nearology Play, Step-Out Extension

Core Energy Minerals has signed a two-stage agreement to earn up to a 51% stake in the Nova JV in Namibia's Erongo region. The deal provides access to advanced uranium targets, including the Barking Gecko prospect, which has shown high-grade historical intercepts.

# Atlas tag definitions

- **Bonanza Intercept:** Exceptionally high-grade zone, well above the deposit-type norm.
- **True Width Disclosed:** Actual thickness perpendicular to structure is stated, not just downhole length.
- **Step-Out Extension:** Mineralization extended beyond the previously known limit.
- **QA/QC Disclosed:** Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
- **Compositing Transparent:** Cut-off grade and internal dilution rules are clearly stated for reported intervals.
- **Refractory Ore:** Complex mineralogy requiring oxidation or other special processing before recovery.
- **Apparent Width Only:** Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
- **Stale Data Re-release:** Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
- **No QA/QC Disclosure:** Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
- **Metal Equivalent Opaque:** Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
- **Cut-off Undisclosed:** Cut-off grade not disclosed — cannot assess comparability to prior estimates or peers.
- **Deleterious Elements Present:** Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
- **Infill Drilling:** Confirmatory drilling to raise resource confidence, not new discovery.
- **Nearology Play:** Value premise rests on proximity to a known deposit rather than own results.
- **Measured Resource:** Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
- **Indicated Resource:** Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
- **Proven Reserve:** Measured Resource with demonstrated economic viability after applying modifying factors.
- **Probable Reserve:** Indicated Resource with demonstrated economic viability after applying modifying factors.
- **Category Upgrade:** Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.
- **Tonnage Growth:** Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
- **Grade Improvement:** Average resource grade improved vs prior estimate — better deposit economics.
- **Contained Metal Growth:** True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
- **QP/CP Signed:** Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
- **Cut-off Disclosed:** Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
- **JORC Compliant:** Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
- **NI 43-101 Compliant:** Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
- **Inferred Resource:** Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
- **All Inferred:** 100% of resource is Inferred category — very early stage, no engineering confidence.
- **Grade Decline:** Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
- **Tonnage Decline:** Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
- **Category Downgrade:** Resource confidence decreased — Measured downgraded to Indicated, or Indicated to Inferred. Unusual and concerning.
- **Contained Metal Decline:** Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
- **Dilutive Growth:** Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.
- **Cut-off Lowered:** Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation.
- **Cut-off Undisclosed:** Cut-off grade not disclosed — cannot assess comparability to prior estimates or peers.
- **Historical Estimate Only:** Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.
- **Stale Estimate:** Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
- **No Contained Metal:** Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
- **No QP/CP Disclosure:** No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
- **Maiden Resource:** First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
- **Resource Update:** Revised estimate for an existing resource — compare to prior to assess progress.
- **PEA-Supporting:** Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
- **PFS-Supporting:** Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
- **DFS-Supporting:** Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
- **High Recovery:** Recovery at or above the exceptional band for the commodity and processing route.
- **Pilot Scale Complete:** Pilot or demonstration plant testing completed under continuous operation.
- **Free Milling:** Simple, clean ore amenable to standard processing without oxidation.
- **Multi-Domain Tested:** Variability across ore domains (oxide, transition, fresh) has been addressed.
- **Recovery Improving:** Recovery improved versus a like-for-like prior test program on the same domain and route.
- **Low Recovery:** Recovery below the weak band for the commodity and processing route.
- **Bench Scale Only:** Only preliminary bench tests completed — no locked-cycle or pilot work.
- **Refractory Ore:** Complex mineralogy requiring oxidation or other special processing before recovery.
- **Single Domain Only:** Testing limited to one composite or domain — representativeness not established.
- **Recovery Stagnant:** No improvement across multiple test programs on comparable material.
- **Theoretical Recovery Only:** Only theoretical or liberation-derived recovery reported, with no actual test result.
- **Heap Leach Route:** Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.
- **Mill Route:** Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
- **Gravity Route:** Gravity separation forms a material part of the flowsheet.
- **POX/BIOX Route:** Pressure or bio-oxidation for refractory ore — high CAPEX and OPEX.
- **Byproduct Commodity:** The tested commodity is a byproduct rather than the primary economic driver.