Bannerman Energy has made significant changes to its board and key executive roles in preparation for the next phase of its flagship project, the Etango Uranium Project in Namibia.
The company has announced changes, effective from early March 2024, as part of its strategic preparations for the development of the Etango mine.
Current Bannerman Energy Managing Director and CEO Brandon Munro will be taking over the reins as Executive Chairman to continue leading the financing efforts for Etango. He will oversee corporate affairs and manage capital markets interactions.
“These changes are designed to set up our business for the next exciting phase of its advancement. Critically, they allow us to further build senior executive capacity as we approach the targeted construction and long-term operation of a world-class uranium mine at Etango,†Munro said.
Gavin Chamberlain, who joined Bannerman in 2023 as Chief Operating Officer, will take on the role of Chief Executive Officer. Chamberlain played a crucial role in the development of the Husab Uranium Project, positioning him well to lead Bannerman through the phases of Etango’s development.
“I believe we have a high-performance organization that is a solid platform to transition into future operations. I look forward to further driving our business and the Etango Project to deliver substantial, sustainable benefits for all stakeholders,†Chamberlain said.
Alison Terry will step into the role of Lead Independent Director, bringing her extensive experience as a senior resources and corporate affairs executive to the board.
“Her expertise in sustainability, ESG dynamics, and legal affairs will be invaluable as Bannerman progresses towards its development goals,†the uranium miner said.
In December, Bannerman Energy announced that it had been granted a mining license (ML) by the Ministry of Mines and Energy for its flagship Etango Uranium Project, leading to the award of two key early works contracts on Etango.
The contracts involve a temporary construction water supply and a site access road, with a combined value of approximately N$36 million.-miningandenergy.com.na
