Uranium

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 A$124M underwritten placement to fully fund Etango Bannerman Energy has launched a fully underwritten placement to raise A$124 million (before costs) at an issue price of A$4.00 per share (placement), following the company’s recent announcement in relation to confirmation from CNNC Overseas Limited (CNOL) that all conditions precedent to completion …

Uranium’s resurgence is putting Namibia’s next generation of mines back in the spotlight, with Australian developers Bannerman Energy and Deep Yellow advancing projects as global nuclear ambitions gather pace. Bannerman is preparing to bring China National Nuclear Corporation into its Etango project, while Deep Yellow is targeting a final investment …

The ASX-listed Paladin Energy has officially revised its full-year production guidance for Triuranium octoxide ($U_3O_8$) at its Langer Heinrich mine in Namibia, following a highly successful transition to full-scale mining operations. This upward adjustment comes on the back of a robust ramp-up period characterised by the efficient mobilisation of the …

Mineral endowment is no longer just a geological statistic but it is increasingly central to the continent’s employment and industrial ambitions in Africa. According to the Compendium of Africa’s Strategic Minerals 2026 released by the Africa Finance Corporation (AFC), the continent holds an estimated $29.5 trillion in mineral wealth, roughly …

Quarterly activities reported for the last quarter of the year have recorded strong progress at Etango Uranium Project. The project developers Bannerman Energy says significant developments across a range of key work streams have been achieved. Brandon Munro, Bannerman Executive Chairman said the company is advancing towards a targeted positive …

The Industrial Development Corporation of South Africa (IDC) has opened an Expression of Interest (EOI) process for the sale of its 10.2% equity stake in Rossing Uranium Limited, one of the world’s largest and longest-running open-pit uranium mines. Established in the 1970s, Rossing has been a cornerstone of global uranium …

A newly announced country strategy by President Emmanuel Macron signals a sharpened focus on Africa’s mining sector, positioning the continent as central to France’s long-term energy security and industrial competitiveness. As competition for minerals intensifies globally, led by China, Russia and the U.S., the strategy signals a renewed push by …

Uranium miner Paladin Energy has announced a fully underwritten A$300 million equity raising to fund development of its Patterson Lake South (PLS) uranium project in Canada and support ramp-up activities at the Langer Heinrich mine in Namibia. The funding package includes a A$231 million institutional placement on the ASX, a …

Namibia’s mining industry is proving resilient in the face of a sluggish global economy, buoyed by strong performance in key commodities like uranium, gold, and copper. The sector’s stability is a bright spot amid broader economic concerns, according to the latest report from the Chamber of Mines of Namibia. Despite …