ETANGO CONSTRUCTION EARLY WORKS UPDATE
Bannerman Energy Ltd (ASX:BMN, OTCQX:BNNLF, NSX:BMN) is pleased to advise of further progress in the construction early works activities at its Etango Uranium Project.
KEY OUTCOMES
- Early works construction activities tracking to overall budget and schedule:
- Site contractor workforce progressively increased to over 370 personnel.
- Bulk earthworks contract progressing well and approx. 51% complete, major focus remains construction of heap leach pads.
- Blasting, crushing and screening of heap leach drainage aggregate advancing to schedule and on-spec.
- Phase 1 and Phase 2A concrete contracts placed and commenced, with foundations for both primary crusher and stockpile tunnel already poured.
- High-Pressure Grinding Rolls (HPGR) tertiary crusher successfully manufactured, transported and delivered to site.
- Detailed design and procurement activities advancing well:
- Detailed model review (M2) for dry plant successfully completed; civil and mechanical design for dry plant approx. 92% complete.
- Wet plant design currently focused on validation test work; detailed engineering of wet plant approx. 23% complete.
- Long-term infrastructure and utilities supply activities progressing strongly:
- Phase 1 of permanent water supply pipeline installation approx. 16% complete.
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Bannerman Chief Executive Officer, Gavin Chamberlain, commented:
“The Etango site is now truly abuzz with activity. Across the board, our early works construction and long lead activities are progressing safely and to schedule. This is a direct function of the dedication of both our contract partners and Bannerman personnel.
“We are continuing to award key contracts to local Namibian contract partners, who have proven their ability to deliver to world-class standards. A particular highlight for the project team over recent weeks was the pouring of the stockpile tunnel base, which was a 1,200m3 continuous concrete pour that was achieved seamlessly.”
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The full construction update can be read here.
Brandon Munro
Executive Chairman
18 December 2025 |
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