ABC – The Jump To The Stock Exchange Of The Firm That Wants To Extract Uranium In Salamanca

ABC

BELÉN RODRIGO
MADRID
07/27/2018

“Last Wednesday, Berkeley Energía, a company specializing in the mining sector, debuted on the Spanish Stock Exchange with the traditional bell ringing. An operation carried out through a tri-listing connecting the stock exchanges of Spain, London and Australia, the first of these characteristics in the Spanish market. Berkeley debuted on the parquet floor of Madrid with a rise of 51.9%.

The company of Australian origin with British headquarters is developing a mining project in the region of Salamanca for the extraction of uranium.”

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ProActive Investors – Berkeley Energia announces potential cost savings at Salamanca mine

Berkeley Energia LTD (LON:BKY) has announced that the capital cost review initiated by the company has identified a number of opportunities to reduce the initial capital expenditure  at the Salamanca mine, required to bring it into production.

The company said potential saving of up to €9mln arise from optimisation of plant capacities, outsourcing of peripheral infrastructure and reducing initial throughput for production from the Retortillo deposit.

Read the full article on ProActive Investors here.

Investors Chronicle – The Extraction Podcast

The Extraction Podcast: Berkeley Energia

Main market-listed Berkeley Energia (BKY) is building a uranium mine in Western Spain. Permits and funding have been secured, and many market watchers believing prices can only go up. But not everyone is happy with the development. For this episode of the IC’s Extraction Podcast, resources writer Alex Newman talks to Berkeley CEO Paul Atherley about the group’s aversion to debt, the uranium market, nuclear energy and local opposition.

 

Full interview available here.

 

Berkeley Energia unveils plans to list in Spain and to move up to London’s main board

Berkeley Energia Limited (LON:BKY), owner of the Salamanca Uranium Project, has announced its intention to list the business in Spain as well as moving from AIM to the main board in London.

The change, according to managing director Paul Atherley, will allow the company to build support amongst European institutional investors whilst it is advancing activities on-site towards production.

Read the full article on ProActive Investors

Berkeley Energia in strong cash position as first quarter sees expanded exploration

The AIM-listed uranium miner said it currently holds US$100mln in cash, while also currently holding 2.75mln pounds of triuranium octoxide (U3O8) concentrate under long term contracts over the first six years of production, with potential to increase annual contracted volumes further as well as extend the contracts by a total of 1.25mln pounds.

Read the full article on ProActive Investors