US$353 million Etango uranium mine development approved
Bannerman Energy, in collaboration with its Chinese partner CNNC Overseas Limited (CNOL), has approved the US$353 million development of the Etango uranium mine in Namibia’s Erongo Region. This decision clears the way for full-scale construction, with the first uranium concentrate expected in 2028. The final investment decision, announced on 23 October 2026, represents a significant …
Bannerman Energy, in collaboration with its Chinese partner CNNC Overseas Limited (CNOL), has approved the US$353 million development of the Etango uranium mine in Namibia’s Erongo Region. This decision clears the way for full-scale construction, with the first uranium concentrate expected in 2028. The final investment decision, announced on 23 October 2026, represents a significant …
Follow the story
About this article
- Length
- 56 words · 1 min read
- Published
- October 23, 2026
- Byline
- Staff Writer
- Source
- AfricanMiningMarket