Latest Etango Project News

Bannerman Energy has opened a non-underwritten share purchase plan targeting approximately A$10 million to support construction and working capital at its Etango uranium project in Namibia. The offer gives eligible Australian and New Zealand shareholders access to the same A$4.00 issue price as the company’s A$124 million institutional placement.

Bannerman Energy advances Etango uranium project with early works on track and CNNC Overseas Limited investment nearing completion, targeting a positive Final Investment Decision in Q3 2026.

Noronex’s maiden drilling at Etango North reveals extensive uranium mineralisation within alaskite intrusions, validating its exploration model and highlighting significant upside in Namibia’s key uranium district.

Noronex completed maiden drilling programs at key uranium and copper projects while bolstering its cash position through strategic asset sales. The company also formalised a 51% stake in its Etango North uranium project and navigates a CEO transition.

Bannerman Energy has secured a landmark $321.5 million strategic investment from CNNC Overseas Limited to jointly develop the Etango Uranium Project in Namibia, enabling debt-free construction and a market-priced offtake agreement with a Tier-1 nuclear utility.

Bannerman Energy reports steady progress on its Etango Uranium Project with key construction milestones met and a strong cash position, while uranium market fundamentals continue to strengthen. The company targets a positive Final Investment Decision within the next 6 to 12 months.

Noronex Limited has accelerated its drilling programs across key Kalahari Copper Belt projects, secured a strategic placement, and agreed to sell its Witvlei asset, positioning itself for uranium exploration in Namibia.

Connected Minerals reports strong uranium grades from its Etango North-East Project in Namibia and progresses rare earth exploration plans in Western Australia, maintaining a solid financial footing.

Bannerman Energy reports solid progress at its Etango Uranium Project, securing initial offtake agreements and maintaining robust financial health as it targets a Final Investment Decision within the next year.

Connected Minerals has completed its Phase 2 reverse circulation drilling at the Ondapanda Prospect in Namibia, following strong initial results. The company anticipates assay results in three weeks that could further define its uranium potential.

Bannerman Energy has locked in two binding offtake agreements with major North American utilities for 1 million pounds of uranium from its Etango project, marking a significant milestone ahead of its final investment decision.

Noronex Limited has identified several promising uranium and thorium anomalies at its Etango North project in Namibia, validating prior AI models and setting the stage for drilling later this year.