As uranium demand tightens and explorers race to build the next generation of supply, DevEx Resources (ASX: DEV) is making its case to North American investors.
Managing Director Marnie Finlayson sat down with us at the Red Cloud Pre-PDAC 2026 Mining Showcase in Toronto to walk through what the company is building in Australia’s Macarthur Basin — a region drawing comparisons to Canada’s prolific Athabasca Basin for its scale and unconformity-style discovery potential.
DevEx holds a commanding 9,200 square kilometre land position in the Alligator Rivers Uranium Province and recently closed a $30 million raise to fund its next phase of exploration. With drilling on the horizon and cost advantages over Canadian operations, the company is advancing a strategy designed to go beyond headline grades and build a durable uranium story in a jurisdiction that remains largely underexplored by global capital.
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In this conversation, Finlayson breaks down DevEx’s drilling plans, explains why Australia offers a compelling cost case versus Canada, and outlines how the company is positioning itself as a serious contender in an increasingly supply-constrained uranium market.
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