Bannerman Energy Advances Etango Uranium Project in Namibia With Early Works Construction Hitting Key Milestones

Construction at the Etango uranium project in Namibia is 66% complete for bulk earthworks as Bannerman Energy prepares for a final investment decision in 2026.

By: AXL Media

Published: Mar 27, 2026, 6:44 AM EDT

Source: The information in this article was sourced from Mining Weekly

Sustained Momentum in Bulk Earthworks and Site Development

Bannerman Energy has reported significant physical progress at its Etango uranium project in Namibia, with the primary bulk earthworks contract reaching the two-thirds completion mark. The company confirmed that these initial activities remain aligned with both the established budget and the broader development timeline. Currently, the construction effort is concentrated on the foundational infrastructure necessary for uranium processing, specifically the heap-leach pads, ponds, and wet plant terraces. This phase is critical for establishing the footprint of the mine’s future processing facility, ensuring that the ground is prepared for the transition into full-scale industrial operations once the final investment hurdles are cleared.

Local Contracting Success in Aggregate Production

A key component of the project’s success to date is the involvement of local Namibian expertise through Tulela Mining and Construction. The contractor is currently managing the blasting, crushing, and screening of heap-leach drainage aggregate, a vital material for the leaching process. Bannerman reported that this specific work package is approximately 24% complete and is meeting all technical specifications. By utilizing domestic contractors for these essential early stages, the project is integrating local industry into the supply chain while maintaining the steady flow of materials required for the ongoing heap-leach pad construction.

Structural Foundations and Concrete Casting Milestones

Significant structural progress has been achieved through the Phase 1 and Phase 2A concrete contracts, which are essential for the site’s heavy machinery housing. A total of 5,509 cubic meters of concrete has been cast, representing roughly 32% of the total volume required for the primary crusher, stockpile tunnel, and fine ore silo. These components form the backbone of the dry plant's processing capability. The completion of these heavy foundations is a prerequisite for the installation of mechanical equipment, marking a transition from general earth moving to specialized civil engineering and structural assembly.