Deep Yellow Ltd. is pleased to provide a summary of key activities for the December 2024 quarter. HIGHLIGHTS Tumas Project - Tumas Final Investment Decision consideration deferred until March 2025 due to delayed costings and quotes for equipment and construction, and further project optimisation. - Ongoing work continues to reinforce Tumas as a robust project and one of the most advanced greenfield uranium development [...]
Deep Yellow Ltd. is pleased to provide an update regarding its flagship Tumas Project and its progress toward a Final Investment Decision . HIGHLIGHTS - Tumas Final Investment Decision consideration deferred until early March 2025 due to delayed costings and quotes for equipment and construction, and further project optimisation - Final execution and plant construction commencement remains dependent on sufficient price [...]
Deep Yellow Ltd. is pleased to announce a significant milestone successfully delivering an 18% increase to the previous Ore Reserve Estimate for the Tumas Project on ML237. Tumas Project Highlights - Updated Ore Reserve Estimate for Tumas completed with an 18% increase to 79.3 Mlb U3O8 at 298 ppm using a 100 ppm U3O8 cut-off - This is sufficient for 30-years Life of Mine and includes: o Proved Reserves of 28.4 Mlb at 287 [...]
Deep Yellow Ltd. is pleased to share the Chairman's Address, to be presented by Mr. Chris Salisbury, ahead of today's Annual General Meeting. Chairman's Address, Mr. Chris Salisbury, Chairman of Deep Yellow Limited In the 2024 financial year Deep Yellow made significant progress towards becoming a diversified multi-asset supplier of uranium to the world's nuclear power industry. Major steps were progressed on the Tumas [...]
Deep Yellow Ltd. is pleased to announce it has issued its 2024 Sustainability Report for the financial year ending 30 June 2024, now attached. This is the fifth Sustainability Report issued by the Company and the second one prepared in accordance with the Global Reporting Initiative including the 2024 Mining Sector Standard. With the collection and input of data for the second year under GRI now complete, this forms a [...]
Deep Yellow Ltd. is pleased to provide a summary of key activities for the September 2024 quarter. HIGHLIGHTS Tumas Project - Tumas 1, 2 and 3 Measured Mineral Resource upgraded to 38.5 Mlb at 286 ppm eU3O8 - Tumas Total Measured and Indicated Mineral Resource now stands at 106.2 Mlb grading 264 ppm eU3O8 - Tumas has advanced as follows o Detailed engineering work and project financing is progressing positively o Process [...]
Deep Yellow Ltd. is pleased to announce the appointment of Mr Jim Morgan as Head of Project Delivery. Mr Morgan is a seasoned mining executive with over 35 years of experience on high-value uranium and resource sector projects. Mr Morgan is well known to the Deep Yellow team, as he was previously Executive General Manager - Project Development for Paladin Energy from 2005-2012, during the period when John Borshoff was [...]
Deep Yellow Ltd. is pleased to announce an updated Mineral Resource Estimate for the Tumas 1, 1 East, 2 and 3 Deposits , located on Mining Licence 237 in the Erongo Region of Namibia. The deposit is held by Deep Yellow through its wholly owned subsidiary Reptile Uranium Namibia Ltd . HIGHLIGHTS - Tumas 3 Measured Mineral Resource upgraded to 22.5 Mlb at 300 ppm eU3O8 o At a 100 ppm cut-off, the updated Tumas 3 MRE has a [...]
Deep Yellow Ltd. is pleased to provide a summary of key activities completed in the June 2024 quarter. Tumas Project - Ausenco Services Pty Ltd selected as preferred EPCM contractor for the flagship Tumas Project o Scope of work to be completed includes finalising detailed engineering with an EPCM contract opportunity for project execution o Project remains scheduled for commissioning Q3 2026 - Resource upgrade drilling [...]
Deep Yellow Ltd. is pleased to announce the appointment of experienced mining finance executive Mr Craig Barnes as Chief Financial Officer , commencing 1 August 2024. The appointment follows the resignation of Mr Mark Pitts, and the Board would like to thank Mr Pitts for his contribution over the past years and wish him well in his business pursuits. Mr Barnes is a Chartered Accountant with more than 25 years' experience [...]
Deep Yellow Ltd. is pleased to announce the appointment of Nedbank Limited , as the Mandated Lead Arranger and Bookrunner to co-ordinate and arrange the project financing for the Company's flagship Tumas Project in Namibia. HIGHLIGHTS - Deep Yellow has appointed Nedbank Limited as Mandated Lead Arranger and Sole Bookrunner to coordinate the project financing for the Tumas Project o Nedbank has a strong track record in [...]
Deep Yellow Ltd. is pleased to announce that Ausenco Services Pty Ltd has been selected as the preferred contractor to deliver the Detailed Engineering and the Engineering, Procurement and Construction Management services for the Company's flagship Tumas Project located in Namibia. HIGHLIGHTS - Ausenco Services Pty Ltd selected as the preferred EPCM contractor for the flagship Tumas Project - Ausenco is a market leading [...]
