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Bannerman Energy Says Bulk Earthworks Contract Around 92% Complete at Namibia Uranium Project

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Bannerman Energy (ASX:BMN) said the bulk earthworks contract is advancing in line with schedule, with around 92% completed at its Etango uranium project in Namibia, according to a Monday Australian bourse filing.

The contractor workforce on site now consists of over 560 personnel. The production of heap leach drainage aggregate continues to deliver on-spec material, with around 29% of the total requirement completed.

The civil and mechanical design for the dry plant is around 94% completed.

Its shares rose 2% in recent trading on Monday.

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