Bannerman secures strategic funding from CNOL for Etango
Bannerman Energy has successfully completed a major financing milestone with China’s CNNC Overseas Limited (CNOL), raising US$320.4 million to advance the Etango uranium project in Namibia ahead of a targeted final investment decision by the end of 2024. On 24 September, CNOL injected US$294.5 million into the Etango joint venture company, alongside an additional US$25.9 …
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Bannerman Energy has successfully completed a major financing milestone with China’s CNNC Overseas Limited (CNOL), raising US$320.4 million to advance the Etango uranium project in Namibia ahead of a targeted final investment decision by the end of 2024. On 24 September, CNOL injected US$294.5 million into the Etango joint venture company, alongside an additional US$25.9 …
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About this article
- Length
- 56 words · 1 min read
- Published
- September 25, 2026
- Byline
- Staff Writer
- Source
- AfricanMiningMarket