Bannerman Energy Ltd
Bannerman Energy Limited is an Australia-based uranium development company focused on the flagship Etango Uranium project in Namibia.
The business
Bannerman Energy Limited is an Australia-based uranium development company focused on the flagship Etango Uranium project in Namibia. The Etango Uranium Project is located in the Erongo Region of Namibia, 30 kilometers south-east of Swakopmund. The Etango Uranium Project possesses a uranium mineral resource endowment of 207 million pounds (Mlbs) of contained U3O8. The Etango Uranium Project is an undeveloped uranium deposit, located in the Erongo uranium mining region of Namibia which hosts the Rossing, Husab and Langer-Heinrich mines. Its subsidiaries include Bannerman Mining Resources (Namibia) (Proprietary) Limited, Bannerman Energy (UK) Limited, Bannerman Energy (Netherlands) B.V, Bannerman Investments Pty Ltd, Bannerman Investments Pty Ltd, Bannerman Energy Canada Ltd, and Cooperative Bulk Handling Terminal (Proprietary) Limited.
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Latest news
Bannerman Energy Gives Green Light to Etango Uranium Mine in Namibia
Bannerman Energy approves construction of its Etango uranium mine in Namibia, targeting first production in 2028 with funding in place.
Bannerman Energy Launches Underwritten Placement to Fully Fund Etango Uranium Project
Bannerman Energy launches $124m underwritten placement for Etango uranium project, advancing CNNC Overseas JV; CNOL deal due in Sept, construction in Q4 2026.
Uranium Needs to be Discussed: Big tech demand meets structural deficit
Uranium rally as AI data centers and SMRs power multi-million tech PPAs; looming structural deficit puts uranium in focus for investors.
Bannerman Energy Secures Major CNNC Financing for Etango Uranium Project
Bannerman Energy (ASX: BMN) has entered into a financing agreement with CNOL, a subsidiary of China National Nuclear Corp (CNNC), for its Etango Uranium Project
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