PERTH, Australia, Nov. 09, 2017 -- Bannerman Resources Ltd. is pleased to announce the successful completion of the Etango Processing Optimisation Study by its independent technical consultants, AMEC Foster Wheeler. The Processing OS is the first completed stage of the Etango DFS Update and, together with extensive confirmatory test-work, maintains Etango’s position at the forefront of the global uranium development [...]
PERTH, Australia, Oct. 17, 2017 (GLOBE NEWSWIRE) -- Bannerman Resources Ltd. (ASX:BMN) (NSX:BMN) (“Bannerman” or “the Company”) is pleased to report on a productive September quarter. HIGHLIGHTS Etango’s long term tenure secured by Retention Licence - Granted 5 year extendable retention licence - Tenure secured over entire future Etango mine site and two satellite deposits - Ideal tenure [...]
Bannerman Resources is pleased to announce that the Namibian Ministry of Mines and Energy has granted a Mineral Deposit Retention Licence with a five year extendable term over Bannerman’s 95% owned Etango Uranium Project. Bannerman’s Chief Executive Officer, Mr Brandon Munro, said, “A Retention Licence is the ideal tenure for the highly advanced Etango project. It ensures this world-class project can [...]
PERTH, Australia, Sept. 28, 2017 (GLOBE NEWSWIRE) -- Bannerman Resources Ltd. (ASX:BMN) (NSX:BMN) (“Bannerman” or the “Company”) announces that Mr David Tucker has advised of his intention to step down as a Non-Executive Director at the Company’s Annual General Meeting in November 2017. Mr Tucker has served Bannerman in this role since March 2008. Over this time his combined 40 years of [...]
PERTH, AUSTRALIA--(Marketwired - April 28, 2017) - Bannerman Resources Ltd. (ASX:BMN)(NAMIBIAN:BMN) ("Bannerman" or "the Company") is pleased to report on a successful March quarter that positions the Company well within an environment of improving uranium sector sentiment. HIGHLIGHTS • DFS Update Commenced - Targeting substantial capital and operating cost improvements - Incorporating results from [...]
Bannerman Resources is pleased to report the commencement of the Etango Definitive Feasibility Study Update following successful conclusion of the Etango Heap Leach Demonstration Plant Program. The six phase Heap Leach Demonstration Plant Program (Demonstration Plant) demonstrated the strong potential to achieve and exceed the Definitive Feasibility Study (DFS) metallurgical parameters. The Demonstration Plant testwork [...]
For the Period Ended 31 December 2016 PERTH, AUSTRALIA--(Marketwired - Jan 24, 2017) - Bannerman Resources Ltd. (ASX:BMN)(NAMIBIAN:BMN) ("Bannerman" or "the Company") is pleased to report on a successful December quarter that positions the Company well within an environment of improving uranium sector sentiment. HIGHLIGHTS Successful capital raising results in A$5 million pro-forma cash balance at quarter end Strongly [...]
PERTH, AUSTRALIA--(Marketwired - Dec. 13, 2016) - Bannerman Resources Ltd. (ASX:BMN) (NAMIBIAN:BMN) is pleased to announce that Ms Twapewa Kadhikwa has been appointed as a Non-Executive Director of Bannerman's 100%-owned Namibian subsidiary, Bannerman Mining Resources (Namibia) (Pty) Ltd. Ms Kadhikwa's appointment co-incides with the resignation of Ms Monica Kalondo after serving the company as a director since 2010. Ms [...]
PERTH, AUSTRALIA--(Marketwired - Dec 6, 2016) - Bannerman Resources Ltd. (ASX:BMN)(NAMIBIAN:BMN) is pleased to announce that it has completed the sale of its Office Premises in Swakopmund, Namibia, augmenting Bannerman's strong cash balance post the recent equity raising. The Company has received proceeds of approximately A$675,000 (N$6.98 million), net of sale costs. The transaction involved the sale and leaseback of the [...]
HIGHLIGHTS - Successful placement to institutional and sophisticated investors - Total of $4 million raised before costs at a price of $0.03 per share - Raising corner-stoned by Resource Capital Fund VI L.P. PERTH, AUSTRALIA--(Marketwired - Oct. 28, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWS SERVICES OR FOR DISSEMINATION INTO THE UNITED STATES Bannerman Resources Ltd. (ASX:BMN)(NAMIBIAN:BMN) (Bannerman or the [...]
PERTH, AUSTRALIA--(Marketwired - Oct. 21, 2016) - Bannerman Resources Ltd. (ASX:BMN)(NAMIBIAN:BMN) is pleased to recap on a successful September quarter. HIGHLIGHTS Successful Heap Leach Demonstration Plant Program Phase 5 (Value Engineering) results deliver potential for substantial capital and operating cost savings Consistency of results deliver further affirmation of robustness of DFS process inputs and relatively [...]