Bannerman hits 1.1 million injury-free work hours

Bannerman Energy says its Etango project has operated for 1.1 million hours without serious injuries, as bulk earthworks on the project reach 92% completion.

The Etango project is a uranium project in the Erongo region. Australian-listed Bannerman expects to make a final investment decision on the project later in 2026.

“During May 2026, the Bannerman Mining Resources Namibia team and its contract partners achieved the significant milestone of one million LTI-free hours on the Etango project.

This achievement extends Bannerman’s unbroken 17-year LTI-free record,” Bannerman announced to investors on Monday.

LTI stands for lost time injury. It is a safety metric that measures work-related injuries that are severe enough to require employees to take time off. Etango currently employs 560 people.

Etango’s 24-month bulk earthworks construction is almost complete and the company says its remaining construction is also on schedule.

“This progress is a source of great pride within both the Bannerman owner’s team and among our broader contract workforce,” chief executive Gavin Chamberlain said.


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