Verbatim sentences from the source article.
The Namibian
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 drillingDeep Yellow has awarded N$392.6 million in construction contracts to two 100% Namibian-owned firms for its Tumas Uranium Project, with mobilisation scheduled for August and expected to generate roughly 500 local jobs.
22 hours ago · The Namibian →
Deep Yellow has awarded N$392.6 million in construction contracts to two 100% Namibian-owned firms for its Tumas Uranium Project, with mobilisation scheduled for August and expected to generate roughly 500 local jobs.
22 hours ago · The Namibian →
Deep Yellow Limited has awarded two civil and concrete construction contracts worth N$391 million for its Tumas uranium project in Erongo, part of the company's strategy to remove execution risk and secure contractors ahead of its planned final investment decision in the fourth quarter of 2026.
21 July 2026 · Windhoek Observer →
Deep Yellow Limited has awarded two major civil and concrete construction contracts worth N$391 million for its Tumas uranium project in Erongo, part of its strategy to remove execution risk and secure contractors ahead of a planned final investment decision in the fourth quarter of 2026.
21 July 2026 · Windhoek Observer →
Prime Minister Elijah Tjitunga Ngurare officially launched the Erongo SUNAM Desalination project on 24 June 2026, a N$2.1 billion initiative developed over more than two decades to address water scarcity and support economic growth.
2 July 2026 · Windhoek Observer →
Namibia's mining sector sustained more than 166,000 direct and indirect jobs in 2025, with member companies employing 8,201 people in permanent positions and 97% of those roles filled by Namibians. The sector contributed N$7.96 billion in total wages and N$1.5 billion in PAYE tax, while spending N$23.97 billion on locally sourced goods and services.
1 June 2026 · Windhoek Observer →
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 →
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 →
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 →
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 →
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 →
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 →