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Namibia
Observer24Oct 26, 2026

Bannerman approves N$$5.8 billion Etango uranium project

Bannerman Energy and its partner, China National Nuclear Corporation Overseas Limited, have approved investment in Namibia’s Etango uranium project. The N$5.8 billion decision allows the development to move into full construction, with production scheduled to begin in 2028. It marks a significant step toward expanding Namibia’s uranium mining capacity and highlights international investment in the country’s resources sector.

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