Bannerman Newsletter | NO 4 | AUGUST 2024

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BUILDING

THE FUTURE

YEARS OF

20

Stakeholder engagement

The Bannerman team have clocked up kilometres

of smiles in the second quarter of the year as they

continue engaging with stakeholders to keep them

informed on Etango’s progress.

OPEN DIALOGUE

SETS THE TONE

BANNERMAN ENERGY | AUG 2024

Australian Consulate, Namibia

Australian Investor Site Visit

Gavin Chamberlain also paid the Honorary Consul, Ed Humphrey, at the

Australian consulate a visit to keep him up to date on Etango. BMRN is

owned by Bannerman Energy, which is an Australian uranium development

company. Mr Humphrey (pictured right in the photograph) was pleased

to hear of the progress the company is making towards developing the

mine and Bannerman looks forward to hosting both Mr Humphrey and the

Australian High Commissioner at Etango in August.

Namibian Ministry of Mines and Energy

or the first time since the granting of the Etango mining licence,

Bannerman visited the Namibian Ministry of Mines and Energy. The aim

was to introduce the new Chairperson of Bannerman Mining Resources

Namibia (BMRN), Twapewa Kadhikwa, and the new CEO of Bannerman

Energy, Gavin Chamberlain, to the Minister.

During this courtesy visit, Bannerman assured the Ministry of its prepared-

ness to make the construction of the mine a reality and to keep the ministry

updated on all developments. Twapewa Kadhikwa adds: “We also stressed

that we aim to remain transparent at all times and provide regular updates.

We look forward to welcoming the Minister and his team to an Etango site

visit to see the progress we are making for himself.”

The Minister wished the Bannerman team success with the financing of the

project to construct the mine.

Photographed (from left): Erasmus Shivolo, Mines Deputy Executive Director; Twapewa

Kadhikwa (BMRN); the Hon Tom Alweendo, Minister of Mines and Energy; Gavin

Chamberlain (Bannerman Energy), and Matjiua Hengua (BMRN).

James Bullen (left) of Canaccord Genuity Australia met Werner Ewald from

BMRN during an Australian Investors visit to the Etango Uranium Project

in May. The group left with a better sense of how large the project is and

the strides the company is making with the early works on site. For some

investors it was their first visit to Africa, and all the investors were impressed

with the hospitality of Namibians. The Bannerman team promised to show

them where the desert meets the ocean on their next visit to Namibia.

MYO milestone

hat started out as tennis lessons for

learners has developed into a lessons-

for-life programme. Over the past 20 years,

Mondesa Youth Opportunities (MYO) has

educated around 2 000 students from Grade

4 to 8, providing concentrated education to

promising learners.

Robert Myres founded MYO as a WorldTeach

volunteer working for Rössing Foundation in

Arandis. He realised that many young learners

were idle in the afternoons, with no motivation

or sports opportunities to keep them active and

engaged. He began jogging for his own exercise

and was pleased when some younger learners

began to run with him, mostly barefoot or in

flip-flops. This developed into tennis lessons for

young people.

While a sports programme had value, two

trustees, Vera Leech and Uschi Fahrbach,

recognised the critical importance of English and

Mathematics for academic success. Vera, who

was a committee member and subsequently a

Trustee of MYO since 2004, strongly advocates

20

20

Number of years since MYO was formed

for the power of reading and understanding

which helps learners excel in all their subjects.

MYO selects promising learners from low- to-no-

income families who cannot afford extra classes

to realise their potential. They attend state

schools in the morning and then attend MYO in

the afternoons, where emphasis is also on good

behaviour, attendance and discipline. MYO is

their beacon of hope for a quality education that

prepares them for life.

Learners attending MYO’s afternoon school

outperform their peers and MYO boasts a 100%

pass rate. Most of their alumni have achieved

success in leading career positions nationally

and internationally.

Despite financial challenges, MYO has thrived

with support from donors like Bannerman Energy

who understand its mission. To celebrate their

20th anniversary in 2024, the MYO team has

planned 20 workshops, training sessions and

events. Bannerman Energy will celebrate this

milestone with them in August.

20

20

Number of events planned for 2024

Number of students who have benefitted

2 000 +

2 000 +

Bannerman CEO, Gavin Chamberlain, visited MYO in May to give Grade 6 learners insight into uranium

and nuclear power. This is the first of regular presentations to the learners at MYO, sharing insights and

learnings from the Bannerman team.

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