Vimy

Deep Yellow has begun operating as a significantly larger uranium company, following the successful merger with Vimy Resources.

Independent expert Deloitte Corporate Finance has concluded that Deep Yellow’s planned acquisition of Vimy Resources is fair and reasonable and in the best interests of Vimy shareholders.

Vimy Resources has achieved “substantial commencement” at its Mulga Rock uranium project following confirmation by the WA DWER.

A ban on uranium mining has returned to Western Australia. The state’s Labor Government, which stormed to power behind Mark McGowan in March, yesterday implemented a ban on uranium mining on all future granted mining leases.

​Uranium explorer Vimy Resources have announced a resource upgrade at their Mulga Rock project.