Mining events
BANNERMAN ENERGY | APRIL 2025
AFRICAN MINING
TAKES CENTRE-STAGE
Mining Indaba, South Africa
INVESTMENT SUMMIT, NAMIBIA
Fund managers
Banks and brokers
10
Strategic partners
Bannerman meetings at Mining Indaba
ining Indaba is one of the world’s premier mining conferences. With its
theme of Future-Proofing African Mining, Today! this year’s content was
both relevant and forward-thinking.
A Bannerman Energy delegation – comprising of Gavin Chamberlain (CEO),
Matt Horgan (Vice President: Corporate Development) and Emma Culver
(Investor Relations and Communications Manager) attended the annual
conference in Cape Town.
Throughout the week, the Bannerman team held a number of productive
meetings with prospective investors and funders. Key takeaways from the
conference included:
• Growing interest in the uranium sector and the critical role of nuclear
energy in the global green energy transition
• Continued support for Namibian-domiciled mining projects, given the
stable investment climate, strong regulatory framework, and skilled local
workforce, and
• Positive investor sentiment toward Bannerman’s disciplined approach
to developing the Etango Uranium Project, along with recognition of the
progress made on-site to date.
“The Bannerman team continues to advance various investor relations
activities and initiatives to support the overall funding of the Etango
Uranium Project,” says Matt.
amibia is a country with exciting investment prospects. The
Namibian Investment Promotion & Development Board, in
partnership with Rand Merchant Bank (RMB) Namibia, hosted an Invest
in Namibia Summit to promote this concept.
Speakers shared why the landscape is extremely supportive for those
interested in developing new mines. In addition to the Port of Walvis
Bay connecting with the Southern Africa Development Community,
as well as the rest of the world, they highlighted the following key
attractions for investors:
Sound financial system
Strong macroeconomic framework
Conducive business environment
Globally competitive infrastructure
Good governance, peace and stability
Young, educated and trainable workforce
Access to markets.
Stakeholder engagement
e hosted the group of international
investors on 7 February to show how well
the project is progressing according to plan.
“When investors are considering investing in
companies, they need to have confidence in the
team, the project and the sector in which you
are operating,” says Emma Culver, Bannerman
Energy’s Investor Relations and Communications
Manager.
“This group of investors was impressed by
the high calibre of our local team, led by
Werner Ewald, and they have confidence in
the construction team as development and
construction of the Etango Mine continues.”
MINISTRY OF MINES AND ENERGY
‘ENCOURAGED’
n 24 January, the Executive Director of the Ministry of Mines &
Energy, Mr Penda Ithinda, the Mining Commissioner, Ms Isabella
Kandjii-Chirchir, and colleagues visited the Etango Uranium Project
construction site to inform themselves of the progress made to date.
Matjiua Hengua and MD Werner Ewald led a tour through the site
to show what had been achieved since the granting of the Mining
License in December 2023. “It is most encouraging to see that
Bannerman is keeping its promises,” commented Ms Kandjii-Chirchir.
‘IT’S A SITE TO BEHOLD’
Site visits are important for stakeholders to not only see the progress but to also feel the confidence and energy exuding from
our talented teams. In the first quarter of 2025, the Etango Uranium Project team welcomed two special delegations: a group
of investors from Australia, the United Kingdom, Hong Kong and Europe, and the Namibian Ministry of Mines & Energy.
INVESTORS GIVE A
THUMBS-UP
The investors from Australia, the United Kingdom, Hong Kong and Europe did their due diligence on
the Etango Uranium Project with a site visit in February 2025.
Werner Ewald, Managing Director of BMRN, points out areas of interest
on site to Ministry of Mines & Energy officials Penda Ithinda, (Executive
Director), Fila Mbaisa (Inspector), and Mining Commissioner, Isabella
Kandjii-Chirchir.