Bannerman Resources Limited (ASX:BMN) (TSE:BAN)
Is an emerging uranium development
Company with interests in Namibia and Botswana.
The principal and most significant asset is an 80 per cent interest in the Etango Project, located on the western coast of Namibia, one of Africa's premier mining jurisdictions and one of the world's largest undeveloped uranium deposits. Focus for this project is on the feasibility assessment and development of a 5-7 million pounds per annum U3O8 open pit mining operation.
Bannerman Resources is moving the Etango Project forward with the intention of bringing it into production as early as possible, with a target to commission the project in 2013. By advancing the development of one of the world's largest uranium deposits in Namibia, their vision is to become a highly profitable top-tier global uranium producer with a portfolio of long life assets.
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