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Sunday, 5 July 2026
Namibia’s news, on the hour · Est. 2026
Sunday, 5 July 2026
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Namibian press · Organization

Deep Yellow Limited

Australian mining company advancing the Tumas Uranium Project in Namibia's Erongo region toward final investment decision.

2024-08-102026-07-05
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What’s been said

Key points drawn from coverage. Tap a point to see the original sentence.

  1. July 2026

  2. The Namibian

    Deep Yellow's Tumas is currently among the most advanced new uranium projects

    Source

    “New production is expected from several projects over the coming years, with Bannerman's Etango project and Deep Yellow's Tumas project currently the most advanced.”

    Namibia in Numbers – Monthly Namibian Uranium Exports
  3. May 2026

  4. Windhoek Observer

    Deep Yellow is developing the Tumas Uranium Project

    Source

    “One of the largest projects advancing is the Tumas Uranium Project, being developed by Deep Yellow.”

    Major mining developments continued to advance in 2025
  5. March 2026

  6. The Namibian

    Deep Yellow Limited appointed Jennifer Mintz as chief legal officer

    Source

    “Uranium exploration company Deep Yellow Limited has appointed Jennifer Mintz as its new chief legal officer.”

    Deep Yellow appoints new chief legal officer

  7. The Namibian

    Deep Yellow is advancing its Tumas uranium project in Namibia

    Source

    “Deep Yellow's Tumas uranium project in Namibia is advancing steadily, supported by an initial capital investment of about N$7.55 billion.”

    N$7.5b Tumas uranium project advances in Namibia

  8. The Namibian

    Deep Yellow reported that its Tumas project carries a post-tax NPV8 of N$9.19 billion with 19% internal rate of return

    Source

    “According to the company's corporate update, the project carries a post-tax net present value (NPV8) of N$9.19 billion, with a projected post-tax internal rate of return of 19%, emphasising its long-term economic viability.”

    N$7.5b Tumas uranium project advances in Namibia
  9. January 2026

  10. New Era

    Deep Yellow is targeting first production around mid-2027 with Tumas

    Source

    “Tumas is targeting first production around mid-2027 However, Deep Yellow has deferred the final investment decision (FID) until uranium prices reach a level that clearly supports new greenfield supply.”

    Opinion –  Outlook for Uranium Mining Developments in Namibia in 2026

  11. New Era

    Deep Yellow has deferred the final investment decision until uranium prices support new greenfield supply

    Source

    “However, Deep Yellow has deferred the final investment decision (FID) until uranium prices reach a level that clearly supports new greenfield supply.”

    Opinion –  Outlook for Uranium Mining Developments in Namibia in 2026

  12. The Namibian

    Deep Yellow Limited spent N$156 million on Tumas Project development over past three months

    Source

    “Deep Yellow Limited has spent N$156 million on development activities at its Tumas Uranium Project over the past three months.”

    Deep Yellow pours millions into Tumas project

  13. The Namibian

    Deep Yellow Limited reached an agreement with Namibia Power Corporation to provide bulk power to project

    Source

    “In addition, the company reached an agreement with the Namibia Power Corporation through its wholly-owned subsidiary, Reptile Uranium Namibia, to provide the bulk of power to the project.”

    Deep Yellow pours millions into Tumas project

  14. The Namibian

    Deep Yellow has not found significant uranium deposits during recent drilling at Tumas project

    Source

    “Uranium mining company Deep Yellow has not found significant uranium deposits during its most recent drilling programme at the Tumas project in the Erongo region.”

    Limited results from Deep Yellow’s recent drilling
Mining & Energy

Namibia exports record uranium in first quarter 2026

The News

Namibia exported over six million pounds of uranium oxide concentrate in the first quarter of 2026, the best start to a year in the country's recorded history, driven by rising global uranium prices now above US$80/lb. With three operating mines in the Erongo region and new projects in development, uranium is filling the gap left by the collapsing diamond sector.

Why it matters

Record uranium exports in Q1 2026 signal a structural economic shift as the sector fills the gap from diamond sector collapse.

4 July 2026 · The Namibian →

Yesterday

  1. Namibia exports record uranium in first quarter 2026

    Namibia exported over six million pounds of uranium oxide concentrate in the first quarter of 2026, the best start to a year in the country's recorded history, driven by rising global uranium prices now above US$80/lb. With three operating mines in the Erongo region and new projects in development, uranium is filling the gap left by the collapsing diamond sector.

    4 July 2026 · The Namibian →

Tuesday 16 June

  1. U.S. delegation visits Namibia to advance trade partnerships

    A senior U.S. delegation led by Deputy Assistant Secretary of State Nick Checker concluded a four-day visit to Namibia from 11–14 June 2026 to strengthen bilateral relations and expand cooperation in trade, investment, energy, mining and logistics. Discussions with Namibian government officials and business leaders focused on deepening commercial ties and attracting investment in sectors including critical minerals and logistics.

    16 June 2026 · Informanté →

Thursday 7 May

  1. Namibia's major uranium, gold, copper projects advance in 2025

    The Chamber of Mines of Namibia reports that major mining projects including the Tumas Uranium Project, Twin Hills Gold Project, and Etango Uranium Project continued to progress in 2025, supporting the sector's role as a main economic driver, though rising policy uncertainty is starting to affect investor confidence.

    7 May 2026 · Windhoek Observer →

Monday 9 March

  1. Deep Yellow appoints Jennifer Mintz as chief legal officer

    Uranium exploration company Deep Yellow Limited has appointed Jennifer Mintz as chief legal officer to ensure strong corporate governance and regulatory compliance as the company advances its Tumas uranium project development in Namibia.

    9 March 2026 · The Namibian →

Thursday 5 March

  1. Deep Yellow's Tumas uranium project shows economic viability

    Deep Yellow's Tumas uranium project in Namibia is advancing with an initial capital investment of about N$7.55 billion and a post-tax net present value of N$9.19 billion, with a projected internal rate of return of 19%. The project aims to operate at a competitive all-in sustaining cost of N$716.40 per pound of uranium.

    5 March 2026 · The Namibian →

Tuesday 27 January

  1. Namibia positioned to boost uranium exports amid global demand surge

    Namibia is one of the world's top three uranium producers and stands to benefit from rising global demand for nuclear power as countries pursue clean-energy goals. The country's three active uranium projects—Rössing, Husab, and the recently restarted Langer Heinrich—plus exploration activities could significantly increase output and government revenues over the next decade, though the water-intensive industry faces challenges from drought and market volatility.

    27 January 2026 · The Namibian →

Monday 26 January

  1. Namibia poised for uranium sector growth in 2026

    According to an outlook by legal experts Patrick Kauta and Vivien Chaplin, Namibia's uranium mining sector is expected to benefit from rising global demand for nuclear energy, with established producers like Rössing, Husab, and the restarted Langer Heinrich expanding, while new projects including Etango-8, Tumas, and Norasa advance through development stages. The sector faces challenges including water scarcity and global market volatility, but Namibia's stable political environment and substantial reserves position it as an increasingly attractive investment destination for nuclear fuel supply.

    26 January 2026 · New Era →

Saturday 24 January

  1. Deep Yellow invests N$156m in Tumas uranium project development

    Australian mining company Deep Yellow Limited has spent N$156 million over the past three months advancing its Tumas Uranium Project in the Erongo region, with detailed engineering 60% complete and bulk earthworks 24% complete. The company is derisking the project ahead of a final investment decision, expecting uranium prices to rise in 2026, and has secured a power supply agreement with Namibia Power Corporation.

    24 January 2026 · The Namibian →

Tuesday 13 January

  1. Deep Yellow finds limited uranium in Tumas drilling

    Uranium mining company Deep Yellow discovered only thin layers of uranium in low concentrations during its recent drilling programme at the Tumas project in Erongo. The company will shift focus to under-explored nearby areas in 2026 after exploring 7km of paleo channels.

    13 January 2026 · The Namibian →

Deep Yellow Limited — Namibian press coverage · Namibia Minute