Company: Deep Yellow Limited
Country: Namibia
Sector: Other Metals/Minerals
CEO: Greg Field (Managing Director and CEO, appointed effective by May 2026)
Website: https://deepyellow.com.au/
Careers Page: Not publicly listed
LinkedIn: https://www.linkedin.com/company/deep-yellow-limited
Email: Not publicly listed
Headquarters: Subiaco, Western Australia, Australia (with primary operating assets in Namibia)
Founded: Not publicly listed
Valuation/Revenue: $642.4m market value (African Business Top 250, 2025 ranking)
Deep Yellow Limited is a uranium exploration and development company whose flagship asset, the Tumas project, sits in Namibia’s Erongo uranium province; the company is dual-listed on Australia’s ASX and the Namibian Stock Exchange (both under the ticker DYL), with its corporate headquarters in Subiaco, Western Australia. It is working toward a final investment decision on Tumas as it seeks to become a new tier-one uranium producer.
What Does Deep Yellow Do?
Deep Yellow holds four contiguous exploration licences covering roughly 1,730 square kilometres in Namibia’s uranium province, hosting a combined resource of approximately 95.2 million pounds of U3O8 (triuranium octoxide) across two deposit styles at its Tumas project. Beyond Namibia, the company also holds the Mulga Rock project in Western Australia, which is undergoing feasibility work, and the Alligator River exploration project in Australia’s Northern Territory, giving it a degree of geographic diversification beyond its core Namibian asset. The company has also pursued strategic partnerships, including a joint venture with Japan’s JOGMEC (Japan Organization for Metals and Energy Security), and has historically made counter-cyclical acquisitions during periods of depressed uranium prices to build its resource base ahead of an anticipated recovery in uranium demand tied to nuclear power expansion.
How Big Is Deep Yellow?
African Business’s Top 250 (2025) valued Deep Yellow at approximately $642.4 million in market value. As an ASX200-listed uranium developer, its market value has moved with global uranium price sentiment and the progress of its Tumas project toward a construction decision, rather than from current production revenue, since the company is not yet in commercial production.
Who Is the CEO of Deep Yellow?
Greg Field became Managing Director and CEO effective by May 1, 2026, succeeding long-serving CEO John Borshoff, who stepped down on October 20, 2025, after leading the company since 2016 and building much of its Namibian uranium strategy. Field is a mining engineer with 29 years of resources-sector experience, most recently as Managing Director of Project Development at Rio Tinto, where he delivered major studies and projects across diamonds, copper, aluminium and lithium, including work on the roughly $7 billion Oyu Tolgoi underground expansion in Mongolia, and has worked across South Africa, Australia, Mongolia, the United States, Canada and Argentina. Between Borshoff’s departure and Field’s start, CFO Craig Barnes served as acting CEO, while non-executive chair Chris Salisbury took on an executive chair role to support the transition.
Who Owns Deep Yellow?
Deep Yellow is a publicly listed company with no single controlling shareholder; its shares are held by institutional and retail investors on the ASX and NSX, and its board includes chairman Chris Salisbury alongside executive and non-executive directors with backgrounds spanning mining, finance and uranium markets.
Is Deep Yellow Publicly Traded?
Yes. Deep Yellow trades on the Australian Securities Exchange (ASX: DYL), the Namibian Stock Exchange (NSX: DYL), and over-the-counter in the United States (OTCQX: DYLFF).
What Has Deep Yellow Been in the News For Recently?
The company’s leadership transition dominated headlines from October 2025 through early 2026: Borshoff’s exit triggered a share-price decline amid investor uncertainty about continuity, followed by a multi-month global search that concluded with the appointment of Rio Tinto executive Greg Field. Alongside the leadership change, Deep Yellow has continued advancing Tumas toward a final investment decision, positioning itself among a small group of pre-production uranium developers seen as beneficiaries of renewed global interest in nuclear power and uranium supply security.
Where Is Deep Yellow Headquartered?
Deep Yellow’s registered and corporate head office is at Level 1, 502 Hay Street, Subiaco, Western Australia, a common base for Australian-listed resources companies, reflecting the company’s origins and management structure even though the overwhelming majority of its current resource base and development activity is concentrated in Namibia.
How Does Deep Yellow Compare to Its Competitors?
In Namibia, Deep Yellow’s closest peers are other uranium developers and producers in the Erongo region, such as Paladin Energy (Langer Heinrich mine) and China General Nuclear’s Husab mine, as well as globally listed uranium developers competing for capital such as Bannerman Energy and Global Atomic. Deep Yellow’s scale of contiguous licence holdings in the Erongo province and its dual ASX/NSX listing structure are among its distinguishing features relative to single-exchange-listed peers.
How Do I Apply for a Job at Deep Yellow?
No dedicated public careers portal was identified for Deep Yellow; interested candidates typically apply through mining-sector job boards covering Namibia and Western Australia, or through direct approaches referencing specific technical, geology, engineering or corporate roles advertised alongside the company’s periodic ASX announcements and project updates.
Links
Website: https://deepyellow.com.au/
Careers Page: Not found
LinkedIn: https://www.linkedin.com/company/deep-yellow-limited
Email: Not publicly listed
FAQ
Is Deep Yellow legit?
Yes, it is an ASX200-listed and NSX-listed uranium developer with a substantial, JORC-style reported resource base in Namibia.
Who is the CEO of Deep Yellow?
Greg Field became Managing Director and CEO effective by May 2026, succeeding John Borshoff.
Who owns Deep Yellow?
It is a publicly listed company with no single controlling shareholder, traded on the ASX and NSX.
Where is Deep Yellow headquartered?
Corporate headquarters are in Subiaco, Western Australia, with its main operating assets in Namibia’s Erongo uranium province.
Is Deep Yellow publicly traded?
Yes, on the ASX and Namibian Stock Exchange under the ticker DYL, and OTCQX in the US under DYLFF.
What is Deep Yellow’s flagship project?
The Tumas uranium project in Namibia, which holds roughly 95.2 million pounds of U3O8 resource and is advancing toward a final investment decision.