Namibia Minute.
24 April 2026
A daily Namibian brief · Est. 2026
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Event

Tumas uranium project

Also known as: Tumas Project · Tumas

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

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

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