PFS sets Deep Yellow on path to uranium production

Deep Yellow’s drill crews continue to build the resource inventory at Tumas in Namibia. Credit: File Deep Yellow has tabled its much-anticipated pre-feasibility study over the Tumas uranium project in Namibia, with the aspiring producer lodging a robust set of numbers green-lighting a fast-track path to production.

After the company’s pre-feasibility study, or PFS demonstrated some compelling financials, it signalled it would move directly into a definitive feasibility study on the project.

The PFS on Deep Yellow’s Namibian project showcased a gross revenue over an 11-year life of mine at A$2.5 billion with an EBITA of more than A$125 million per annum. Compellingly, the payback period on the initial capital costs is less than 4 years with the PFS also presenting a Net Present Value of A$276 million. The completion of the Tumas Pre-Feasibility Study marks a major milestone for Deep Yellow as we advance our exciting Namibian project portfolio towards […]

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