Commercial Manager, Hugo Schumann, discussing the results of Berkeley Energia’s deep drilling programme
His work as a mining engineer has exposed him to 50-degree heat in Australia and minus 50 degree temperatures in China (Marcus Leroux writes). Paul Atherley likes to joke that with his last endeavor he has at last found a happy medium. The uranium miners Salamanca project has more going o it than a balmy climate and proximity to some of pains best wine. Mr Atherley reckons it can produce the worlds cheapest uranium and enough to power Britain’s energy needs or more than five years.
Paul Atherley talking about the update to the Mineral Resource Estimate for the Retortillo deposit, leading to a 15% increase in grade.
Paul Atherley talking about the Salmanca story at Proactive Investor’s Mining Capital conference
Paul Atherley at Mines and Money talking about Salamanca project, highlighting the expertise of the Spanish management and the phenomenal existing infrastructure in the area
Paul Atherley at Gold, Bears and Traders discussing Berkeley Energia’s plans to be the world’s lowest cost uranium producer
During Chinese President Xi Jinping’s state visit to Britain the two governments signed the £24.5billion Hinkley Point project, heralding a new age of nuclear development for the UK as it strives to meet its EU carbon targets.
It has been estimated that the UK will need to install another 35,000 wind turbines to meet its 2020 targets. However, these developments need to be set against the headwind of Energy Secretary Amber Rudd’s recently announced cuts in subsidies to renewables, and George Osborne and the Treasury’s lobbying for a 25 per cent cut in subsidies to onshore wind. Public opinion appears to be on the government’s side, with growing opposition to onshore wind farms and a recent Opinium survey revealing that 44 per cent agree that the UK needs to build more nuclear power plants.