Bannerman Energy Ltd

A very informative interview with Bannerman Energy CEO, Gavin Chamberlain 🎙 Speaking with Crux Investor this week about the progress Bannerman have made with early works, the development strategy & the team he has built to drive the Etango #Uranium Project forward ⚛ 🇳🇦 Be sure to watch: https://lnkd.in/gUwid8cr

World Nuclear Association Symposium week is here ⚛️ This year registrations for Symposium sold out, which is a reflection of the growing interest in our sector. Bannerman looks forward to being in attendance 🥳 #Uranium

We have released an updated Investor Presentation reflecting the significant early works progress made at Etango 🇳🇦 The access road and temporary water pipeline are now complete, standing ready for the next phase of construction ⚒️ We have also awarded the 2-year bulk earthworks contract, with this work started. We continue to systematically advance Etango towards a targeted positive FID & planned first #Uranium production during 2027 ⚛️ View the presentation here: https://lnkd.in/gADMAX8C

Outreach with local partnership for communities within the Erongo Region. Thank you to Bannerman Mining Resources Namibia for the partnership and the mountain bikers who cycled for more than 130km through the Namib Desert for this initiative. #GainguConservancy #Spitzkoppe #Tubusis

A massive production downgrade from the world's largest uranium producer Kazatomprom again highlights the dire state of global uranium supply. https://lnkd.in/gPhJGKWc Kazatomprom has announced that its CY25 production will be 17% below previous expectations. That equates to about 14Mlb of U3O8 or about 10% of current global supply of about 140Mlb/yr. The market is already in significant deficit of supply (demand about 180Mlb/yr) and this is going to make the situation worse. There is no way the world is going to reduce its carbon emissions without growth in nuclear power, and so this is terrible news for climate change. The growth in Kazatomprom supply was largely earmarked for Chinese customers, and so those customers will now be forced to source their uranium requirements elsewhere. There is a danger that Chinese buying crowds out western utilities who face significant shortfalls in supply from 2026-2030. Uranium is not substitutable as a fuel, and is a relatively small part of the cost of generating nuclear energy - so security of supply is likely to be a more important consideration than price when utilities return to the term contract market to lock in their requirements beyond 2026. The uranium price could spike to extreme levels. Shaw and Partners covers a range of uranium producers and developers with exposure to this thematic so please contact your adviser for a recommendation. #uranium #nuclearpower #decarbonisation #energytransition Paladin Energy Ian Purdy Alex Rybak Paula Raffo Paul Hemburrow Bannerman Energy Ltd Brandon Munro Gavin Chamberlain Emma Culver Silex Systems Limited Michael Goldsworthy Julie Russell Peninsula Energy Limited Wayne Heili NexGen Energy Ltd. Leigh Curyer Stacey Golokin Lotus Resources Grant Davey Greg Bittar Keith Bowes Boss Energy Ltd Duncan Craib Conrad Anderson Chris Dorney Russell Karlson Christopher Ziomek Anthony Wilson Peter Kormendy Dorab Postmaster Sam Christie Paul Johnston Mark Hardman Maxwell Davies Mike Stanford Edward Walker

We would like to congratulate Mondesa Youth Opportunities on their 20 Year Anniversary 🧑🎓 Bannerman are proud to be a co-sponsor of this incredible organisation making a big impact on young learners in #Namibia. MYO is a non-profit trust offering intensive education intervention for students from underprivileged schools who show ability and promise. MYO’s aim is to develop leadership skills and to teach their learners to be good citizens of the future 🇳🇦

Congratulations to the Bannerman Mining Resources Namibia team for winning the award of Best Stand for a developing project at the 2024 Namibian Mining Expo & Conference 🇳🇦

🌟 We’ve been selected by Bannerman Energy Ltd to deliver the detailed design phase of Etango, supporting the rising demands of uranium, an important material in the world's energy transition. 🌟 Working with Bannerman for over a decade, #TeamWood has delivered two feasibility studies and one pre-feasibility study on Etango - one of the world's largest undeveloped uranium assets. The Etango-8 definitive feasibility study in 2022 confirmed that an eight million tonnes per annum throughput rate was technically and commercially viable. Wood will apply its hydrometallurgical expertise in the uranium sector to design the next phase of the development. Learn more ➡ https://lnkd.in/eUKCctGn #Uranium #Hydrometallurgy #Mining

The Chamber of Mines Namibia have released the 3rd issue of their E-Newsletter for 2024. In it you can find an article on the progress we have made at our Etango #Uranium Project in #Namibia 🇳🇦⚛️ https://lnkd.in/grsb85QY

Brandon Munro our Executive Chairman discussed the impacts of the broader macro picture on the #Uranium sector last month with SmithWeekly ⚛️ Pick up the discussion at the 13:40 minute mark here: https://lnkd.in/gwNM5dSc