Australia's Commonwealth Department of Climate Change, Energy, the Environment and Water has approved Deep Yellow Ltd's conservation plans for the sandhill dunnart at the Mulga Rock project in Western Australia.
Australian uranium companies Deep Yellow and Vimy Resources have agreed to a merger by a Scheme of Arrangement, under which Deep Yellow will acquire 100% of Vimy's shares. The merger will bring together the two companies' complementary asset bases including the Mulga Rock uranium project in Western Australia and the Tumas project in Namibia.
Vimy Resources Limited yesterday announced the start of mining activities at Mulga Rock, where the excavation of a ramp at the Ambassador North pit is under way.
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