Bannerman expecting mining licence

Bannerman expecting mining licence

Bannerman expecting mining licence

Chamwe Kaira Uranium prospector, Bannerman Energy Ltd has said it is expecting to be granted a mining licence by the Ministry of Mines and Energy very soon. The company is developing the Etango project in the Erongo region. The licence is expected to be granted in the last half of this year. This is contained in a report for the period ended 30 September. Bannerman said during the quarter, there was a sharp rise in the uranium oxide spot price and a positive flow-on effect into capital markets. “With this backdrop, the Company continued to advance the Front-End Engineering and…
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