News & Videos - DEEP YELLOW LIMITED

Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to provide an update regarding its flagship Tumas Project (Tumas or the Project) and its progress toward a Final Investment Decision (FID). 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...

Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce a significant milestone successfully delivering an 18% increase to the previous Ore Reserve Estimate (ORE) (refer Table 1*) 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 (LOM) and includes: o Proved...

Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) 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 (GRI) including the 2024 Mining Sector Standard. With the collection and input of data for the second year under GRI now complete, this forms a...

Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) 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...

Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) 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...

Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce an updated Mineral Resource Estimate (MRE) for the Tumas 1, 1 East, 2 and 3 Deposits (refer Figure 1*), located on Mining Licence 237 (ML237) in the Erongo Region of Namibia. The deposit is held by Deep Yellow through its wholly owned subsidiary Reptile Uranium Namibia (Pty) Ltd (RUN). HIGHLIGHTS - Tumas 3 Measured Mineral Resource upgraded to 22.5 Mlb at 300 ppm eU3O8 o At a 100 ppm...

Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) 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 at...

Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce the appointment of experienced mining finance executive Mr Craig Barnes as Chief Financial Officer (CFO), 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'...

Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce the appointment of Nedbank Limited (acting through its Nedbank Corporate and Investment Banking Division) (Nedbank), 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...

Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce that Ausenco Services Pty Ltd (Ausenco or Contractor) has been selected as the preferred contractor to deliver the Detailed Engineering and the Engineering, Procurement and Construction Management (EPCM) services for the Company's flagship Tumas Project (Tumas or Project) located in Namibia. HIGHLIGHTS - Ausenco Services Pty Ltd selected as the preferred EPCM contractor for the...

Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to confirm that following receipt of shareholder approval at the general meeting held on 30 April 2024, Tranche 2 of the Placement announced on 11 March 2024 (Placement) has been successfully completed. Accordingly, the Company has today issued 64,738,565 ordinary fully paid shares (Shares) to qualified, institutional, sophisticated and professional investors and 146,937 Shares to Directors who...

Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to provide a summary of key activities completed in the March 2024 quarter. HIGHLIGHTS TUMAS PROJECT - 650-hole resource upgrade program commenced in late February 2024 at Tumas 3 o Primary objective to define 6 years of proven reserves for detailed mine scheduling o An associated diamond drilling program will provide supporting data for reserve upgrade purposes - Tender process underway to...

Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to confirm that Tranche 1 of the Placement announced on 11 March 2024 (Placement) has been successfully completed. Accordingly, the Company has today issued 114,706,334 ordinary fully paid shares (Shares) to qualified, institutional, sophisticated and professional investors at A$1.225 per Share to raise approximately A$140.5M (before costs). Commenting on the successful first tranche of the...

Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is a differentiated, advanced uranium exploration company, in pre-development phase, implementing a dual strategy to position the Company to become globally significant as a uranium producer while growing shareholder wealth. A Definitive Feasibility Study (DFS) was completed in January 2023 on its Tumas Project in Namibia with a re-costing of this study announced December 2023 validating the OPEX pricing...

Perth, Australia (ABN Newswire) - Global uranium developer Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce that the Company has received binding commitments to raise A$220M (before costs) through the issue of 179,591,836 fully paid ordinary shares (Shares) at an issue price of A$1.225 per Share (Placement). The Placement will be undertaken in two tranches, with the second tranche subject to shareholder approval. In conjunction with the Placement, the Company aims...

Perth, Australia (ABN Newswire) - Uranium developer Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce an updated Mineral Resource Estimate (MRE) for the Ambassador and Princess deposits, which form part of its 100%-owned Mulga Rock Project (MRP or Project) located in Western Australia's eastern goldfields. The MRP comprises the Mulga Rock East deposits (Ambassador and Princess) and Mulga Rock West deposits (Shogun and Emperor) (refer Figure 1*). HIGHLIGHTS Total...

Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce it has issued its 2023 Sustainability Report for the financial year ending 30 June 2023. This is the fourth Sustainability Report issued by the Company and the first one to be prepared in accordance with the Global Reporting Initiative (GRI) Standards including the GRI Sector Standard for Mining exposure draft. The comprehensive materiality assessment and data collection reported upon...

Perth, Australia (ABN Newswire) - Leading uranium developer Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to announce an ore reserve upgrade drilling program is scheduled to commence at the Tumas 3 deposit on 21 February 2024. Tumas 3 is located in EPL3496 in Namibia and the deposit is held by Deep Yellow through its wholly owned subsidiary Reptile Uranium Namibia (Pty) Ltd (RUN) (refer Figures 1 and 2*). The program will comprise RC and diamond core drilling and has been...

Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) is pleased to provide a summary of key activities completed in the December 2023 quarter. TUMAS PROJECT - Namibian Ministry of Mines and Energy issued Mining Licence 237 (ML 237) o Valid for 20 years from date of issue (expiring 21 September 2043) and allows Deep Yellow to progress towards production, establishing Tumas as the 4th uranium mine in Namibia - Tumas 3 Mineral Resource upgraded to 66.8Mlb at...

Perth, Australia (ABN Newswire) - Deep Yellow Limited (ASX:DYL) (FRA:JMI) (OTCMKTS:DYLLF) advises that the follow-up drill program at its Barking Gecko prospect on EPL3669 (refer Figure 1*) started on 22 September 2023 and was completed on 10 November 2023. HIGHLIGHTS - Follow-up RC drill program involving eight holes totalling 1,558m completed at Barking Gecko North - Best intersections included: o TN294RC - 9m at 382ppm eU3O8 from 203m o TN297RC - 3m at 260ppm eU3O8 from 64m - 9m at 290ppm...