Bannerman Energy Says Bulk Earthworks Contract at Namibia Uranium Project Around 51% Completed

MT Newswires Live

Jan 29

Bannerman Energy (ASX:BMN) said the bulk earthworks contract at its Etango uranium project in Namibia was around 51% completed during the December 2025 quarter, with major focus remains construction of heap leach pads, according to a Thursday Australian bourse filing.

The company's site contractor workforce for the project increased to over 370 personnel during the December 2025 quarter, with the ramp-up of personnel associated with the civil and aggregate mining, crushing, and screening contracts.

The contract for the installation of the first phase of the permanent water supply pipeline is around 16% completed, the filing said. The engineering, procurement, and construction management consultant for power works is expected to be appointed during the first quarter of 2026.

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