Verbatim sentences from the source article.
Windhoek Observer
… This includes major developments such as the Etango Project, the Tumas Project, and the Swakop Uranium Heap Leach Expansion, which are dependent on long-term water availability. …
OBSERVER COASTAL | Namibia launches N$2.1b desalination project to secure water futureWindhoek Observer
… The Tumas Uranium Project moved closer to a final investment decision after securing debt funding led by Nedbank. …
Mining sector sustains more than 166 000 jobsWindhoek Observer
… One of the largest projects advancing is the Tumas Uranium Project, being developed by Deep Yellow. …
Major mining developments continued to advance in 2025The Namibian
… Deep Yellow is the Australian uranium company developing the Tumas uranium project in the Erongo region. …
Deep Yellow appoints new chief legal officerThe Namibian
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 NamibiaNew Era
… In addition to established producers (Rössing, Husab and the restarted Langer Heinrich), a strong pipeline of projects is advancing through studies and approvals, including Etango-8 (Bannerman), Tumas (Deep Yellow), Norasa (Forsys) and Elevate Uranium’s portfolio (Koppies and oth …
Opinion – Outlook for Uranium Mining Developments in Namibia in 2026The Namibian
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 projectThe 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 drillingJPMorgan Chase & Co. has ceased to be a substantial shareholder in uranium developer Deep Yellow Ltd after reducing its holding to 46,976,651 ordinary shares, falling below the substantial shareholder threshold on 24 September 2026, through market transactions and unwinding of securities lending arrangements.
1 October 2026 · Windhoek Observer →
JPMorgan Chase & Co. has ceased to be a substantial shareholder in uranium developer Deep Yellow Ltd after reducing its holding to 46,976,651 ordinary shares, falling below the substantial shareholder threshold on 24 September 2026, through market transactions and unwinding of securities lending arrangements.
1 October 2026 · Windhoek Observer →
Australian uranium developer Deep Yellow has released its 2026 Sustainability Report detailing environmental, radiation safety and social performance at its Tumas Uranium Project in Erongo Region ahead of a final investment decision. The company reports converting 211.3 hectares of land cumulatively, withdrawing 47.6 megalitres of saline groundwater for Namibian operations, and commissioning additional biodiversity and environmental studies expected to be completed in 2027 to meet international compliance standards.
30 September 2026 · Windhoek Observer →
Australian-listed Core Energy Minerals has agreed with Deep Yellow subsidiary Reptile Mineral Resources to invest A$5 million (N$57.5 million) in exploration of a Namibian uranium joint venture, potentially acquiring a 51% stake in Nova Energy (Namibia) through two phases of spending over 42 months.
3 September 2026 · Windhoek Observer →
President Netumbo Nandi-Ndaitwah has called for Namibia to move beyond raw material extraction and invest in domestic value addition and industrial expansion. At the Mining Expo and Conference, she emphasized that the nation's mineral wealth must drive local employment and prosperity, noting that macro-fiscal growth alone cannot remedy structural inequality.
9 August 2026 · The Namibian →
President Netumbo Nandi-Ndaitwah announced that the mining sector contributed a combined N$24 billion to local procurement during the year under review, and set an end-of-August deadline for government ministries to implement reforms aimed at improving Namibia's business environment.
6 August 2026 · New Era →
President Netumbo Nandi-Ndaitwah opened the 13th Chamber of Mines Mining Expo and Conference, themed "From Dialogue to Delivery: Assessing Progress in Creating Mining-Led Economic Growth and Employment Since NamPPF." The President stated that the mining sector remains one of Namibia's leading economic sectors towards Vision 2030.
5 August 2026 · The Namibian →
Deep Yellow, developing the Tumas uranium project, has progressed financing with mandated lead arranger Nedbank Limited after completing an Independent Technical Expert review. The company is advancing the staged development of Tumas toward a Final Investment Decision anticipated in the last quarter of this year, with progress on power and water supply infrastructure including detailed design for grid connection and ongoing negotiations with NamWater.
30 July 2026 · Windhoek Observer →
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 July 2026 · 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 →