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Bannerman Energy

Bannerman Energy is an Australian uranium development company focused on advancing the Etango uranium project in Namibia. The company is headquartered in Perth, Western Australia, and is listed on the Australian Securities Exchange (ASX) under the ticker code BMN. Bannerman's primary asset is the Etango project, located in the Erongo region of central Namibia, which hosts one of the largest undeveloped uranium deposits in Africa. The project is designed as a conventional open-pit mining operation with acid leach processing facilities. Bannerman has been working to advance Etango through feasibility studies, environmental assessments and financing arrangements to position it for production as global uranium demand increases. The company's strategy centres on developing Etango as a long-life, low-cost uranium oxide producer to supply nuclear power generation markets. Namibia is one of the world's leading uranium-producing countries, and Bannerman benefits from established mining infrastructure and a supportive regulatory environment for uranium development. The company was founded in the early 2000s and has maintained its focus on the Etango project through multiple commodity cycles, positioning itself to capitalise on renewed interest in nuclear energy as a low-carbon baseload power source.

Bannerman Energy News


Location map of the Etango uranium project
Etango-8 uranium project, Namibia – update
30th October 2026 By: Sheila Barradas

Bannerman Energy and CNOL transaction was completed on September 24, 2026. Bannerman and CNOL hold their interests through the Etango Joint Venture, which owns 95% of the project. 


An image of the Etango project
Etango JV takes final investment decision to proceed with Namibia project
23rd October 2026 By: Tasneem Bulbulia

ASX-listed Bannerman Energy advises that the Etango joint venture (JV), in which it has a 55% stake and its partner CNNC Overseas Limited (CNOL) a 45% interest, has taken a positive final... 


Location map of the Etango project
Etango-8 uranium project, Namibia – update
18th September 2026 By: Sheila Barradas

Bannerman Energy has secured a debt-free construction pathway following a successful institutional share placement, and finalised strategic investment conditions. 


The Etango project site
Bannerman Energy raises A$124m to fully fund Namibian project
10th September 2026 By: Lumkile Nkomfe

Uranium miner Bannerman Energy has completed its equity offering to raise A$124-million at an issue price of A$4 a share to complete its Etango uranium project, in Namibia. The placement, alongside... 


Fuel tanks and gas pipes
Namibia targets industrial growth through investment reform
19th June 2026 By: Devina Haripersad

Namibia is positioning its oil, gas and mining sectors as catalysts for industrialisation, beneficiation and infrastructure development under its National Development Plan Six (NDP6), with... 


Aerial view of Etango project
Etango-8 uranium project, Namibia – update
3rd April 2026 By: Sheila Barradas

Early works are advancing on budget and on schedule. 


Early works construction at Namibia uranium project progressing well
Early works construction at Namibia uranium project progressing well
27th March 2026 By: Sabrina Jardim

ASX-listed Bannerman Energy has reported that early works construction at its Etango uranium project, in Namibia, continues to advance on budget and schedule. In a statement to shareholders, the... 


Bannerman’s Chamberlain appointed CEO and MD
Bannerman’s Chamberlain appointed CEO and MD
4th March 2026 By: Sabrina Jardim

ASX-listed Bannerman Energy has appointed its existing CEO Gavin Chamberlain as MD and Danny Goeman as an independent nonexecutive director. Chamberlain joined Bannerman as COO in February 2023 and... 


Australian uranium miners in Namibia bullish on outlook as prices surge
Australian uranium miners in Namibia bullish on outlook as prices surge
12th February 2026 By: Reuters

Australian miner Paladin Energy is on track to complete the ramp up of its Langer Heinrich uranium mine in Namibia to reach maximum output from July as higher prices help to accelerate mining... 


Bannerman seals $321m Etango funding deal with CNNC subsidiary
Bannerman seals $321m Etango funding deal with CNNC subsidiary
12th February 2026 By: Mariaan Webb

ASX-listed Bannerman Energy has secured a strategic financing and joint venture (JV) agreement with CNNC Overseas Limited (CNOL), paving the way for debt-free construction of its Etango uranium... 


Location map of the Etango project
Etango-8 uranium project, Namibia – update
3rd October 2025 By: Sheila Barradas

Bannerman Energy has reported that early works construction activities are tracking in line with budget and are on schedule. 


Etango uranium project
Bannerman reports solid progress for Etango early works
30th September 2025 By: Sabrina Jardim

ASX-listed Bannerman Energy has reported that early works construction activities at its Etango uranium project, in Namibia, are tracking in line with budget and on schedule. The company reports... 


Bannerman signs first uranium supply deals
Bannerman signs first uranium supply deals
5th September 2025 By: Creamer Media Reporter

ASX-listed Bannerman Energy announced on Friday that it had signed its first uranium supply agreements, securing contracts with two major North American power utilities to deliver one-million... 


Skills gaps threaten sustainable growth and progress in Namibia’s mining sector
Skills gaps threaten sustainable growth and progress in Namibia’s mining sector
9th July 2025

By: Julien Karambua - Country Manager at Workforce Staffing Namibia Namibia is poised to become a key supplier in the global energy transition with discoveries of critical minerals like lithium,... 


Location map of the Etango project
Etango-8 uranium project, Namibia – update
4th July 2025 By: Sheila Barradas

A final investment decision is targeted in 2025. 


The Etango project
Bannerman to raise A$85m to advance Etango to an investment decision
26th June 2025 By: Creamer Media Reporter

Australian- and Namibian-listed uranium development company Bannerman Energy has received firm commitments for a single tranche placement of about 26.6-million new fully paid ordinary shares to new... 


The Etango project site
Bannerman appoints product offtake committee chairperson
27th May 2025 By: Creamer Media Reporter

Australia- and Namibia-listed uranium development company Bannerman Energy, which owns the Etango uranium project in the Erongo region of Namibia, has appointed Danny Goeman independent chairperson... 


Resources Watch
Resources Watch
26th February 2025

This week: Uranium mine moving closer to production, Operationally, 2024 was strong year for Glencore, and, High-flying DRDGOLD’s 18th consecutive dividend illuminated by 50%-higher payout 


BOLSTERING PRESENCE
The project is set to bolster Namibia’s position as one of the world’s leading uranium producers
Uranium mine moving closer to production
21st February 2025 By: Simone Liedtke

The Namibia-based Etango uranium project of Australian uranium development company Bannerman Energy is advancing towards production, with first uranium output expected in 2028. The project is set... 


The water storage dam built at Etango
Bannerman reports good progress on Etango early works contracts
18th December 2024 By: Creamer Media Reporter

Early works construction activities at Australia- and Namibia-listed Bannerman Energy's Etango uranium project, in Namibia, are progressing well, with the 24-month bulk earthworks contract, awarded... 


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pqt: 0.062s - ct: 0.116s - 275pq - 2rq
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