Mining a key component in Namibia’s economy

Namibia’s mining sector generated $1.6-billion in mining export earnings during 2011, contributing about 11% to the country’s gross domestic product, with the country’s buoyed uranium mining sector forecast to be the single largest mining...

State-owned mining company, uranium miner reach agreement

ASX- and TSX-listed uranium development company Bannerman Resources has agreed to sell a 5% stake in its 80%-owned Namibian subsidiary, Bannerman Mining Resources Namibia (BMRN) to Namibian State-owned mining company Epangelo for about A$3.9-million.

Bannerman reports positive definitive feasibility study at Namibia project

Emerging uranium development company Bannerman Resources has reported positive results from the definitive feasibility study (DFS) at its 80%-owned Etango uranium project, in Namibia, and has secured a pivotal agreement for participation in the...

Etango uranium project, Namibia

Bannerman Resources has started a resource expansion drilling programme to add new mineral resources and extend the mine life beyond 20 years.

Etango uranium project, Namibia

A definitive feasibility study has upped expected output at Etango by some 22%.

Etango output upped with new DFS

A recently completed definitive feasibility study (DFS) of ASX- and TSX-listed Bannerman Resources’ Etango uranium project, in Namibia, has upped expected output by some 22%, after increasing the plant size from 15-million tons to 20-million...

Etango uranium project (formerly Goanikontes), Namibia

Bannerman Resources has reported that the definitive feasibility study is on track for completion at the end of March 2012.

Etango DFS set for completion by March

Uranium hopeful Bannerman Resources on Monday reported that the definitive feasibility study on its Etango project, in Namibia, was scheduled for completion by the end of March. The study was focused on developing the Etango project into...

Sundance proceeds with Hanlong deal, waives bank letter condition

Iron-ore developer Sundance Resources on Friday said that it would continue with the proposed takeover by the Hanlong Mining Group, despite the Chinese firm being unable to secure a letter from the China Development Bank. Hanlong has requested...

Bannerman advances talks with Hanlong despite Asic probe

Uranium hopeful Bannerman Resources said on Tuesday that it was continuing discussions with China’s Sichuan Hanlong Group, despite insider trading investigations by the Australian Securities and Investment Commission (Asic) against the Chinese...

Hanlong execs face Sundance, Bannerman insider trading probe

The Australian Securities and Investment Commission (Asic) has obtained a court order preventing Hanlong Mining executives, including MD Steven Hui Xiao, from leaving Australia, while it investigates suspected insider trading activities in...

Etango uranium project (formerly Goanikontes), Namibia

The Namibia Ministry of Environment and Tourism has granted Bannerman Resources the environmental clearance for the linear infrastructure for the Etango project.