Bannerman Energy’s Etango Project ahead of schedule and budget

Bannerman Energy announced that early works construction at its Etango Uranium Project are progressing safely and ahead of schedule, while also tracking to the overall budget. The site contractor workforce has increased to over 370 personnel, with bulk earthworks for heap leach pads approximately 51% complete. Blasting, crushing, and screening of drainage aggregate are advancing as planned, and the High-Pressure Grinding Rolls (HPGR) tertiary crusher has been successfully delivered to site.

Significant progress has also been made in concrete works, with Phase 1 and Phase 2A contracts commenced, and foundations for both the primary crusher and stockpile tunnel already poured. The stockpile tunnel base involved a 1,200m³ continuous concrete pour. Detailed design for the dry plant is approximately 92% complete, and wet plant detailed engineering is at 23%.

In terms of infrastructure, Phase 1 of the permanent water supply pipeline installation is approximately 16% complete. Bannerman’s chief executive, Gavin Chamberlain, highlighted the successful execution by local Namibian contract partners.