Critical Minerals and Energy Intelligence

Uranium mining in South America

EPISODE 21: Anthony Milewski and Christian Purefoy chat to special guest Steven Gold, CEO of Jaguar Uranium, developing uranium assets in Argentina and Colombia, to create a leading supply for the world’s future energy needs.

Uranium prices are holding near multi‑year highs as the market wrestles with a structural supply deficit, underinvestment in new mines, and growing nuclear demand from life‑extensions, new builds and future SMRs. Utilities are rushing to secure long‑term uranium supply amid geopolitics, sanctions on Russian nuclear fuel, and the push for energy security in the US, Europe and Asia. That combination is tightening the global uranium market, pushing more capital toward advanced exploration and brownfield restart projects rather than unproven greenfield ideas.

South America is emerging as a key uranium mining growth region, with Argentina and Colombia at the centre of new exploration. Companies like Jaguar Uranium are advancing large near‑surface projects such as Laguna Salada and Huemul in Argentina and the Berlin project in Colombia, leveraging historic drilling, existing infrastructure and supportive “green energy transition” policies to accelerate timelines. These South American uranium assets aim to supply future nuclear energy demand while offering US‑aligned, non‑Russian uranium supply options, making “uranium mining in South America” and “Argentina Colombia uranium projects” increasingly important themes for investors focused on the nuclear fuel cycle.

“When you look around the world and ask, “Where will the next big uranium supply come from?” It’s our opinion that, against the backdrop of South America being quite experienced for centuries on the mining side … you’d be hard pressed to find a jurisdiction where the US is not incredibly eager to do business” — Steven Gold, CEO, Jaguar Uranium.

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The Oregon Group is an investment research team focused on critical minerals, mining, energy and geopolitics.

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