Deep Yellow Ltd. is pleased to provide a summary of key activities completed in the March 2025 quarter. HIGHLIGHTS Tumas Project - FID deferred due to insufficient uranium price incentivisation to justify greenfield project development o A staged development approach adopted with detailed engineering and early works continuing - Latest optimisation work generated robust results at a uranium price of US$82.50/lb U3O8 [...]
Deep Yellow Ltd. is pleased to provide an update regarding its flagship Tumas Project and its progress toward a positive Final Investment Decision following the completion of the latest engineering and optimisation work. The additional detailed engineering carried out in the past three months has confirmed Tumas as a robust, long-life project. However, as previously stated, the key element to delivering FID was always [...]
Deep Yellow Ltd. announce the financial report of the Company and its subsidiaries for the half-year ended 31 December 2024. In order to comply with the provisions of the Corporations Act 2001, the Directors report as follows: The first half of FY25 was occupied with commencement of detailed engineering for the Tumas Project, working in conjunction with Ausenco Services Pty Ltd , the engineering group selected for this [...]
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 [...]