Showing posts with label Bannerman Resources. Show all posts
Showing posts with label Bannerman Resources. Show all posts

Monday, November 8, 2010

Global X Uranium ETF Fund Holdings Overview

 

New York-based ETF provider, Global X Funds, has added Uranium ETF to its cleantech fund range. The Global X Uranium ETF tracks the performance of the Solactive Global Uranium Index.

The index tracks the performance of the largest and most liquid listed companies globally in the Uranium Mining Industry. Its three largest components are Cameco, Paladin Energy and 
Uranium One, as of Nov. 1, 2010. 


Global X Uranium ETF (URA) began trading November 5, 2010 as the first ETF to track companies involved in uranium mining. Listed below are the 23 listed Uranium plays that make up this newly listed Uranium ETF.
 
(Complete list of 23 holdings).

% of Net                        Company  Name
Assets
18.10%    CAMECO CORPORATION

13.44%URANIUM ONE INC

11.91%PALADIN RESOURCES LIMITED

4.95%EXTRACT RESOURCES LTD

4.94%DENISON MINES CORP

4.52%URANIUM ENERGY CORP

4.49%KALAHARI MINERALS PLC

3.92%HATHOR EXPLORATION LTD

3.86%USEC INCORPORATED

3.69%ENERGY RESOURCES OF AUST

3.01%URANERZ ENERGY CORP

2.84%FIRST URANIUM CORP - CAD

2.81%FORSYS METALS CORP

2.31%MANTRA RESOURCES LTD

2.24%URANIUM RESOURCES INC

2.22%UEX CORP

2.19%GREENLAND MINERALS LTD

1.98%MEGA URANIUM LTD

1.66%BERKELEY RESOURCES LTD

1.58%BANNERMAN RESOURCES LTD

1.17%DEEP YELLOW LTD

1.14%LARAMIDE RESOURCES

0.99%TORO ENERGY LTD




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Saturday, July 31, 2010

Bannermans Latest June 2010 Quarterly Report Highlights

Bannerman's Quarterly Activities Report for the Period Ended 30 June 2010




During the June 2010 quarter, Bannerman continued to advance the Definitive Feasibility Study ("DFS") on its 80%-owned Etango Project in Namibia, reported positive results from near-Project exploration and drilling activities, and stepped up dialogues with a number of potential strategic development partners.


HIGHLIGHTS

-- Two Radon cup exploration surveys undertaken across 120km2 of the Etango licence identified numerous prospective and previously undrilled
anomalies. Drilling results are expected in the coming months.


-- Drilling into one of the Radon anomalies at Ondjamba, 2km to the east ofthe Etango deposit, returned numerous broad resource grade intersections within 100 metres of surface, indicating the potential for a satellite deposit. Further drilling continues.


-- Infill drilling within the Oshiveli area of the Etango deposit returned
broad higher grade intersections from close to surface, indicating improvements to the resource model in this area. A new resource estimate
for the Etango Project is due in late September.


-- A mining review based on the updated resource model is progressing well with an expected increase in estimated mineable resources and decrease in estimated mining unit costs.


-- Metallurgical testwork continues to confirm fast leach times and low
acid consumption, as well as indicating +90% recoveries at significantly
coarser grind sizes than previously tested.


-- A DFS update encompassing the above work is scheduled for release to the market in the December quarter.


-- Appointment of former Rio Tinto senior executive and Rossing Uranium CEO, Dr David Smith, as Chairman of the Board.


-- Cash reserves at quarter end of A$16.6 million
(31 March 2010: A$20.4
million).



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Wednesday, February 17, 2010

BANNERMAN RESOURCES PROGRESSES DFS AT ITS ETANGO URANIUM PROJECT NAMIBIA

BANNERMAN Resources has revealed its Definitive Feasibility Study (DFS) is underway on its Etango uranium project in Namibia, southwest Africa.



The Perth-based uranium development company says the announcement follows the results received from a range of continuous flotation tests conducted last month and earlier this month.

“These tests followed on from the batch flotation testwork undertaken in 2009,” Bannerman Resources says.

According to Bannerman Resources, further investigations are being undertaken into the metallurgical parameters, prior to progressing to the larger scale pilot plant test work.

Bannerman Resources says it has already completed 284,000m of drilling within the Etango project and expects the inclusion of the latest drilling into the resource model is expected to significantly improve the confidence of the resource.

Bannerman chief executive, Len Jubber says the project is making significant progress.

"We now have greater confidence in our understanding of the Etango mineralisation and are exploring some exciting opportunities to optimise the mining scenario, with the potential to reduce operating costs," Jubber says.







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