Deep Yellow expands footprint, keeps Tumas project at centre
Deep Yellow has expanded its uranium exploration portfolio in Australia with the acquisition of a 50% stake in the Cooper Creek Joint Venture, while reaffirming that its flagship Tumas uranium project in Namibia remains the company's primary development focus.
CHAMWE KAIRA
Deep Yellow has expanded its uranium exploration portfolio in Australia with the acquisition of a 50% stake in the Cooper Creek Joint Venture, while reaffirming that its flagship Tumas uranium project in Namibia remains the company’s primary development focus.
The uranium developer announced on Tuesday that it had entered into a binding agreement to acquire Energy Resources of Australia’s 50% participating interest in the Cooper Creek Joint Venture in Australia’s Northern Territory for A$648,000 (approximately N$7.8 million).
