News Articles for John Borshoff

Newly appointed Deep Yellow managing director and chief executive Greg Field says the company is poised to capture ‘the upside potential' of the uranium market.

Deep Yellow has further enhanced its commitment to the west African nation of Namibia, following the appointment of an experienced mining executive.

This week's board moves include Stephanie Yuan, John He, Susan Park, Andrew Bickley, Jared Jacob, Stephen Stone, Julito Sarmiento, Elisha Civil, John Arbuckle, Jay Stephenson, John Borshoff, Craig Barnes, Chris Salisbury, Michael Brown, Keith Spence, XiaoPing Yang, Nathan Douglas, Shawn Tilley, Daniel Raihani, Jacob Thamage, William Belbin, Craig McNab, Amanda Burgess, Matt Shackleton, Catherine Lynch, Kenneth Hall, Brady Hall.

WA-based uranium stocks Aura Energy and Deep Yellow have both confirmed the departure of their respective managing directors.

The Deep Yellow executive says sector inactivity and depressed uranium prices spell trouble in the long term for the yellowcake market.

Citing concern around the present price of uranium, Deep Yellow has elected to defer the final investment decision at its Tumas project in Namibia.

Uranium exploration company Deep Yellow has appointed South African-headquartered Nedbank as its bookrunner and mandated lead arranger for its flagship Tumas project in Namibia.

Uranium explorer Deep Yellow, led by John Borshoff, is seeking to raise $250 million via a two-tranche placement and additional share purchase plan, the company told the market yesterday.

Uranium explorer Deep Yellow plans to raise up to $250 million in a bid to further enhance its projects in Namibia and Western Australia.

Deep Yellow has the potential to become a multi-mine uranium producer by 2028, according to managing director and chief executive officer John Borshoff.

Uranium explorer Deep Yellow will conduct an ore reserve upgrade drilling program later this month at its Tumas 3 deposit in Namibia.

Deep Yellow chief executive John Borshoff says it will be full steam ahead at the newly-merged WA business on the back of the latest spell of uranium interest.

Paladin Energy is calling for $215 million to restart the Langer Heinrich mine in Namibia and has lined up another taker for its product, evidence of what it says is a strengthening uranium market.

John Borshoff's Deep Yellow and WA uranium play Vimy Resources have agreed to terms for a proposed $658 million merger, some four months after Vimy first put Mulga Rock on the market.

Possible merger partners Vimy Resources and Deep Yellow have both placed their shares in a trading halt, citing a potential control transaction.

Fresh demand for uranium has renewed belief among some in the sector that the market will turn again.

Vimy Resources has knocked back a $687 million merger proposal from fellow uranium aspirant Deep Yellow, choosing instead to start a strategic review and open the bidding to other potential buyers.

Chris Salisbury has joined budding uranium miner Deep Yellow as chairman, eight months after stepping down as boss of Rio Tinto's iron ore business.

Perth-based Deep Yellow has secured $40.8 million from investors to progress the development of a uranium project in Namibia.

Australis Oil & Gas is taking action to preserve cash reserves through a number of cost-reduction measures as it deals with the current low oil price and impacts of COVID-19.

Uranium explorer Deep Yellow and Rare earths hopeful Pensana Metals have raised $9 million and $5 million, respectively, as the two companies seek to advance their projects in Africa.

Six listed companies based in Perth have announced funding deals worth a combined $36.9 million, with the largest being a $20.6 million capital raising by gold explorer Orecorp.

Paladin Energy has offloaded its entire shareholding in Deep Yellow, taking advantage of a share price spike after the uranium miner's former managing director John Borshoff joined the junior explorer.

SPECIAL REPORT: The median base pay of newly appointed chief executives at listed Perth companies fell this year to $295,000, a survey by Business News has found.

SPECIAL REPORT: Gold Road Resources could be the next gold junior to make it into the mid tier after its recent moves on the Gruyere project.

Former Paladin Energy boss John Borshoff has emerged as chief executive of another local uranium-focused company, Deep Yellow.

The median salary paid to chief executives at Australian mining companies fell by 12 per cent over the past two years, and is set to decline further after recent cost-cutting moves by the likes of BC Iron, Sundance Resources, Paladin Energy and Poseidon Nickel.

Paladin Energy has announced more cuts to its board and head office staffing, with long-serving executive Gillian Swaby following managing director John Borshoff out of the business as it works to stay afloat in the weak uranium market.

Paladin Energy founder John Borshoff has resigned from his role as managing director of the Perth-based uranium miner.

Paladin Energy's Kayelekera uranium mine in Malawi suffered minor storm damage on Monday night when it was hit by a 20-minute, high-intensity downpour.

Paladin Energy has denied reports that it has been discharging toxic waste from its Kayelekera uranium mine in Malawi into the local river.

The tougher business climate has prompted some WA companies to cut executive salaries, but most have held the line and some have even awarded pay rises.

Paladin Energy has launched a $205 million recapitalisation plan, designed to fund it until midway through 2016, which has won the backing of China-focused private equity firm HOPU Clean Energy.

Paladin Energy has backed its decision to place its Kayelekera uranium plant on care and maintenance in February and says the market fundamentals needed to restore it to economic production are now heading in the right direction.

Perth-based Paladin Energy has settled the sale of a 25 per cent stake in its flagship Langer Heinrich uranium mine in Nambia, under a deal originally announced to the market in January this year.

Paladin Energy has placed its Kayelekera mine in Malawi on care and maintenance, saying operations at the mine are no longer sustainable in light of the depressed uranium market.

Paladin Energy managing director John Borshoff says the company's $US190 million sale of a minority stake in its Langer Heinrich mine vindicates a decision to walk away from sale negotiations last year.

FEATURE: Salaries have come under huge pressure during the past year as widespread cost cutting takes its toll on executives' take-home pay.

Paladin Energy managing director John Borshoff has announced strong interest in the long-running sale of a minority stake in its Langer Heinrich uranium mine in Namibia.

Perth-based Paladin Energy is persisting with negotiations on the sale of a minority stake in its Langer Heinrich uranium mine in Namibia, and has assured shareholders it will give them an update by the end of the month.