Proactiveinvestors RSS feed en Fri, 18 Aug 2017 08:09:03 +0100 Genera CMS (Proactiveinvestors) (Proactiveinvestors) <![CDATA[News - Berkeley Energia on-track to be one of world’s top uranium miners ]]> Berkeley Energia Plc (LON:BKY) boss Paul Atherley has welcomed the progress at the Salamanca mine development in Spain which, in his words, is bringing the company closer to becoming one of the top ten uranium producers globally.

In a quarterly operations update, Berkeley highlighted that all infrastructure work is now on-track for completion as planned, key pieces of long lead time equipment arrived on site, front-end engineering design was completed, and land acquisition is now almost complete.

It also began fresh exploration works, aimed at finding additional resources similar to Salamanca’s Zona 7.

READ: Berkeley Energia move to construction phase at Salamanca as crusher arrives

During the period, the group made progress on the financial side of the project – with upfront capital costs reduced to around €82mln (from US$94mln) and the company ended the period with a robust balance sheet including US$26mln of cash and no debt.

Significantly, the company highlighted that it is seeing “strong and continued interest” from strategic investors and financiers.

Berkeley also noted signs that the uranium market is improving. It said that production cuts among high-cost operators continue to bring the market back into balance and, at the same time, the company is seeing increased off-take contract invitations from utilities.

Atherley, in the statement, said: "We are pleased with progress during the quarter which included the delivery of the crusher to site, the finalisation of capex and a significant strengthening of the Board and management team.

“The progress moves us closer to potentially being one of the top ten uranium producers globally, with one of the lowest production costs. We are extremely well positioned to provide our concentrate to the 130 strong reactor fleet in the European Union as well as utilities further abroad.

He added: “The continued success of our long-term off-take programme at exceptional prices demonstrates the Salamanca mine's unique advantage of offering diversification of supply away from non-OECD countries towards first world jurisdictions.”

Berkeley currently has some 2.75mln tonnes of uranium concentrate under long term contract, for the mine’s first six years of operation (plus 1.25mln of optional volumes) and so far the average fixed price per pound of contracted and optional volumes is above US$42 per pound.

Mon, 24 Jul 2017 08:27:00 +0100
<![CDATA[RNS press release - Quarterly Report June 2017 ]]> Mon, 24 Jul 2017 07:00:04 +0100 <![CDATA[Media files - Berkeley Energia Ltd's Salamanca is the world’s only major uranium mine in construction ]]> Wed, 12 Jul 2017 08:35:00 +0100 <![CDATA[News - Berkeley Energia move to construction phase at Salamanca as crusher arrives ]]> Berkeley Energia PLC (LON:BKY) has received delivery of the primary crusher at the Salamanca uranium mine in Spain.

The 400 tonne per hour crusher was one of the long lead items identified in last year’s fund raise and marks the start of the build and commissioning phases that are scheduled to be completed during the second half of 2018.

WATCH: 'Key milestone' for Berkeley Energia as they fire the starting gun on Salamanca construction

Paul Atherley, managing director, said: "The arrival of the crusher marks a significant milestone during the current construction phase for the Salamanca mine, the only major uranium mine in construction in the world today."

"There are currently some 70 staff and contractors at site. This number will quickly ramp up as construction continues."

Wed, 12 Jul 2017 07:34:00 +0100
<![CDATA[RNS press release - Primary crusher delivered to site ]]> Wed, 12 Jul 2017 07:00:03 +0100 <![CDATA[RNS press release - Notice - Change of Interests of Substantial Holder ]]> Fri, 07 Jul 2017 11:57:12 +0100 <![CDATA[News - Upfront costs at Berkeley Energia’s Salamanca uranium mine ‘less than expected’ ]]> A recent study at Berkeley Energia Limited’s (LON:BKY) Salamanca uranium mine in Spain has found that the total upfront capex (capital expenditure) required is less than initially forecast.

According to the front-end engineering and design (FEED) study, final upfront direct costs for the project are €74.7mln; 1% below estimates released in last summer’s definitive feasibility study.

Berkeley said the revised figures confirmed Salamanca’s status “as one of the lowest cost uranium mine developments in the world”.

As the FEED study is carried out during the execution phase of the project, Berkeley said it had a more accurate understanding of costs.

The more efficient cost base was primarily due to improved sequencing of the project, an updated leach pad design, improved materials handling and through negotiating better deals with suppliers.

“The FEED has confirmed Salamanca as one of the world's lowest cost uranium mines to develop,” said managing director Paul Atherley.

“Since our successful fundraise late last year, the site has been prepared for full construction and we now have nearly 70 staff and contractors on site.”

On top of the cost efficiencies already made, Berkeley said it will continue to pursue further “cost optimisation opportunities” as it moves into full construction this summer.

Shares nudged higher in early deals on Thursday to 47p.

--Updates for share price--

Thu, 06 Jul 2017 08:17:00 +0100
<![CDATA[RNS press release - Salamanca Capital costs reduced by 1% to EUR 82.3M ]]> Thu, 06 Jul 2017 07:00:05 +0100 <![CDATA[RNS press release - Holding(s) in Company ]]> Tue, 04 Jul 2017 17:04:21 +0100 <![CDATA[News - Ignore spot price, uranium one want to watch for long term says Justin Chan at Numis ]]> Uranium prices have struggled recently, but the longer term fundamentals are still in the radioactive metal’s favour says Justin Chan at Numis.

Hopes that last year’s decision by major producer Kazakhstan to rein back on its output might boost prices have not yet come to pass.

Chan says the large power consuming utilities have yet to commit new long term contracts, which has left the price largely determined by short-term trading by metal houses.

But long-term demand forecasts exceed long-term supply.

WATCH: Short-term oversupply still weighing heavily on uranium price - analyst Justin Chan

There are also approximately 50 under new power stations under construction and Chan is confident that new supply will offset a decline as older power stations are shut down.

Chan’s best uranium plays are Australia –listed but US focused Peninsula Energy, (ASX: PEN) which has ten-year contracts in place at more than US$50 per pound compared to a spot price at present of US$20.

Denison Mines Corp (NYSEMKT:DNN) is one for the medium term as a current low uranium price is not going to affect it at this stage of its production cycle.

Berkeley Energia Ltd (LON:BKY), with its Salamanca project, should respond once more offtake agreements are signed, argues Chan.

Tue, 27 Jun 2017 15:11:00 +0100
<![CDATA[Media files - Berkeley Energia finalising costs as 'exciting' Salamanca construction ramps up ]]> Thu, 22 Jun 2017 12:04:00 +0100 <![CDATA[RNS press release - Initial Director's Interest Notice ]]> Fri, 16 Jun 2017 09:32:50 +0100 <![CDATA[News - Majedie founder Adam Parker appointed to Berkeley Energia board ]]> Adam Parker, a co-founder of Majedie Asset Management has been appointed to the board of Berkeley Energia PLC (LON:BKY) as a non-executive director.

Parker joins the Company after a three decade career in institutional fund management in the City of London. During that time he co-founded Majedie Asset Management, which today has assets under management of approximately £14 billion.

Parker began his career in 1987 at Mercury Asset Management, which is now part of BlackRock, and left in 2002 when he co-founded Majedie.

He was instrumental in building Majedie into the successful investment boutique that it is today. Several funds he managed outperformed their benchmarks during his tenure.

Parker retired from Majedie Asset Management in 2015 and has no ongoing input or influence in the management of its investments, including the its current ownership of approximately 5.30% of the Berkeley Energia.

 "We are delighted that Mr Parker has joined our Board, bringing with him a wealth of financial and corporate experience gained over an extensive career in London financial markets,” said Berkeley chief executive Paul Atherley.

“Mr Parker's appointment reinforces the Company's commitment to create a strong independent and European-focussed Board as it brings the Salamanca mine into production."


Mon, 12 Jun 2017 07:58:00 +0100
<![CDATA[RNS press release - Co-Founder of Majedie appointed as a Director ]]> Mon, 12 Jun 2017 07:00:05 +0100 <![CDATA[RNS press release - Initial Director's Interest Notice ]]> Fri, 09 Jun 2017 07:02:01 +0100 <![CDATA[RNS press release - Final Director's Interest Notice ]]> Fri, 09 Jun 2017 07:00:03 +0100 <![CDATA[News - Former Rio Tinto uranium man joins Berkeley Energia ]]> Nigel Jones, formerly responsible for the negotiation for key uranium supply agreements for Rio Tinto PLC (LON:RIO), is to join Berkeley Energia Limited (LON:BKY) as a non-executive director.

Jones has thirty years' experience in the international mining sector, including two decades at Rio Tinto, where ultimately he held the position of Global Head of Business Development.

Prior to that he was Managing Director of Rio Tinto Marine, Head of Investor Relations and Marketing Director, Uranium.

READ: Berkeley Energia shares rise as it kicks off new round of exploration at Salamanca

Jones is also Head of Private Side Capital Markets at ICBC Standard Bank, the global markets subsidiary of ICBC Bank, which is the world's largest bank by assets.

He replaces Dr Jim Ross, who is retiring after over twelve years of service.

"We are delighted to welcome Nigel to the Board, a key appointment in step with the Company's transition into a European-focused uranium developer and producer,” said Berkeley managing director Paul Atherley.

“We believe his considerable experience in corporate development and marketing of uranium products will be of considerable value to the company.”



Wed, 07 Jun 2017 07:53:00 +0100
<![CDATA[RNS press release - Former senior Rio Tinto executive appointed ]]> Wed, 07 Jun 2017 07:00:05 +0100 <![CDATA[Media files - Berkeley Energia on the hunt for the next Zona 7 ]]> Mon, 05 Jun 2017 12:43:00 +0100 <![CDATA[News - Berkeley Energia shares rise as it kicks off new round of exploration at Salamanca ]]> Berkeley Energia Limited (LON:BKY) has commenced the next phase of its exploration campaign on the Salamanca uranium project in Spain.

The aim is the discovery of additional deposits with similar characteristics to the company’s flagship Zona 7 project, currently under development, which is located close to the surface without a strong radiometric anomaly present.

The discovery of the high grade extensions at the Zona 7 deposit in late 2014 transformed the economics of the project and changed the company's geological model for the region.

WATCH: Berkeley Energia finalising costs as 'exciting' Salamanca construction ramps up

Following extensive structural mapping and the interpretation of regional geological structures, two areas totalling 100 square kilometres have been selected for an intensive geochemical sampling programme, that will include 2,500 samples on a 200 metre by 200 metre grid.

The programme will incorporate the latest uranium exploration techniques with samples being tested for mobile metal ions using the Ionic Leach technique. This highly sensitive technique can detect extremely low levels of uranium and other critical elements and is widely acknowledged to be the most adept at identifying subtle anomalies.

The company will also undertake ground radiometric survey readings and radon emissions tests at each of the sample collection points.

Two field crews will be focussed on carrying out the planned exploration activities during the coming months, with the goal of identifying drill targets.

Exploration at Zona 7 will also continue.

WATCH: Berkeley Energia on the hunt for the next Zona 7

Analysts pointed out that the "larger the deposit gets the more the potential offtake partners will need to rely on the mine for future supply and the more interest the project will attract from other strategic partners."

In early afternoon trading, Berkeley Energia shares were 4.3%, or 2p higher at 49p.

 -- Adds video link, share price, broker comment --


Mon, 05 Jun 2017 07:41:00 +0100
<![CDATA[RNS press release - Exploration Programme Targeting Zona 7 Deposits ]]> Mon, 05 Jun 2017 07:00:02 +0100 <![CDATA[RNS press release - Issue of Shares and Appendix 3B ]]> Fri, 26 May 2017 08:35:29 +0100 <![CDATA[News - Berkeley Energia reports continued progress with Salamanca uranium mine development project ]]> Berkeley Energia Plc (LON:BKY) today released a quarterly report that checks off the mine developer’s progress as it continues to build the Salamanca uranium mine in Spain.

The company explained that all infrastructure work is on track for completion as planned, the necessary land acquisition process is almost complete, and major equipment has been ordered and is being fabricated by industry experts.

CLICK HERE: For a daily round-up of all the Proactive news

It also highlighted that in the quarter Berkeley entered into an agreement with a Glencore subsidiary to access reagent, between 2018 to 2021, at a price that’s substantially below the level estimated in the project definitive feasibility study.

Significantly, the company noted that sentiment is ‘beginning to turn’ in the uranium market. Spot pricing has held strong since the December 2016 rally, Berkeley said. It highlighted that that US utilities have begun to re-contract uranium supply, and in Japan there have been 25 reactor restart applications of which five have now been approved.

Berkeley Energia receiving growing interest for utilities

Paul Atherley, managing director, said that the company is receiving growing interest for utilities from US, Asian, European and African.

"The Salamanca mine is being developed to the highest international standards and we are extremely proud of the investment which will create 450 jobs and a further 2,000 indirect jobs across a region badly hit by long term unemployment, especially amongst its youth,” Atherley said.

“We are very encouraged by the strong and growing support among our stakeholders, from the EU down to the local community, as evidenced by the rising number of job applications and the oversubscribed training courses.

“To date the company has provided skills training for over 120 local people and has received job applications from over 25% of the residents of the local villages.

“The Salamanca mine is being welcomed by EURATOM as an important contributor to the European Union's low cost, clean energy security.”

Fri, 28 Apr 2017 07:41:00 +0100
<![CDATA[RNS press release - March 2017 Quarterly Report ]]> Fri, 28 Apr 2017 07:00:09 +0100 <![CDATA[Media files - Zak Mir: 'Berkeley Energia shares to add another 25%' ]]> Mon, 24 Apr 2017 09:20:00 +0100 <![CDATA[News - Berkeley Energia readies for construction at Salamanca ]]> Work on the ground in preparation for the commencement of construction at Berkeley Energia Limited’s (LON:BKY) Salamanca mine is well underway, with over 600 hectares acquired or leased to date under the land acquisition programme and with only a few hectares remaining to be acquired.

The road deviation is advancing and the new road will be ready for use in the summer. The equipment procurement for the electrical power line has been completed and the upgrade to the existing line will commence once the road construction is complete. 

The crushing circuit, screens, feeders and ancillary equipment are currently being fabricated by established equipment suppliers, Sandvik in Finland and Vibramech in South Africa.

WATCH: Zak Mir on Berkeley Energia CLICK HERE: For a daily round-up of all the Proactive news

What’s more, the Company has entered into a preliminary agreement with Asturiana de Zinc SAU, a Glencore company, to supply locally sourced reagent from 2018 to 2021 at a cost substantially below the one estimated in the Definitive Feasibility Study. These reagent costs represent approximately 30% of the overall process operating costs.

Reforestation work involving the planting of 30,000 young oak trees has also now begun.

"Since our oversubscribed institutional fundraise late last year, we have been delivering on the site-based activities leading up to the main construction, which we expect will commence later in the year,” said chief executive Paul Atherley.

“Our continued operating and capital cost optimisation moves us closer to establishing Salamanca as a reliable low cost supplier to global utilities from the heart of the Europe Union.”

CLICK HERE: For a daily round-up of all the Proactive news


Mon, 24 Apr 2017 07:42:00 +0100
<![CDATA[RNS press release - Pre-construction activities advancing at Salamanca ]]> Mon, 24 Apr 2017 07:00:08 +0100 <![CDATA[Media files - Berkeley Energia gets 'very important' sign off for uranium supply deal ]]> Tue, 21 Mar 2017 08:10:00 +0000 <![CDATA[News - Uranium mine developer Berkeley Energia garners support of EU regulator which signs off supply deal ]]> Berkeley Energia Ltd (LON:BKY) won support from the EU regulator for the Salamanca Mine in Spain as it signed off the company’s first uranium supply deal.

The EURATOM Supply Agency, the governing body for all nuclear fuel, said: "We particularly welcome the emergence and development of a new EU based uranium mining project and believe that it will contribute to the security of supply of natural uranium for the community users."

Berkeley will supply two-million pounds of metal over a five-year period to Curzon Resources, Interalloys Trading, with the scope to increase this to three-million pounds.

WATCH: 'Very important' sign off for Berkeley Energia ...

The stand-out feature of the deal is the price being paid, which at US$43.78 per pound is almost double the current spot price and provides a healthy gross margin on production costs of US$15 per pound.

At full production, Salamanca will be Europe's largest uranium producer accounting for 10% of the total requirement and will be important to the EU's security of supply, which currently relies on Russia, Kazakhstan and Niger for almost 60% of its uranium.

“We are very encouraged by the strong and growing support for the investment in the Salamanca mine amongst all our stakeholders,” said managing director Paul Atherley.  

“Not just from the EU but also from the various levels of government and community, as evidenced by the rising number of job applications from within the local villages.”

Tue, 21 Mar 2017 07:41:00 +0000
<![CDATA[RNS press release - Holding(s) in Company ]]> Tue, 21 Mar 2017 07:00:12 +0000 <![CDATA[RNS press release - EU approval of Salamanca mine offtake contract ]]> Tue, 21 Mar 2017 07:00:06 +0000 <![CDATA[RNS press release - Holding(s) in Company ]]> Mon, 20 Mar 2017 16:05:09 +0000 <![CDATA[Media files - Berkeley Energia's Paul Atherley talks 'very exciting' Zona 7 drilling results at Salamanca ]]> Fri, 17 Mar 2017 08:05:00 +0000 <![CDATA[News - Spain-focused uranium mine developer Berkeley Energia delivers "outstanding" drill results along with joint-venture plan ]]> Uranium mine developer Berkeley Energia Limited (LON:BKY) unveiled “outstanding” results from the latest drilling on the Zona 7 portion of its Salamanca Project and sketched out plans to maximise the potential of its land holding in Spain.

The latest work on the near-surface deposit uncovered a 12-metre section of triuranium octoxide (U3O8) at 1,003 parts per million (ppm), including one-metre at 2,464 parts per million.

A second hold delivered two metres at 2,002 ppm, including a metre at 3,761 ppm.

"These high grade intercepts immediately below Zona 7 are extremely encouraging and point to a potential resource upgrade, indicating that there could be still more upside to come from the Salamanca mine,” said managing director Paul Atherley.

The current focus of the Berkeley is on mine development, with work already underway and the team talking to potential financiers of the project.

So, the company plans to bring in strategic partners that will help it tap the full potential of its exploration tenements.

They would be expected to bring “extensive multi-commodity exploration experience and the very latest expertise”, Berkeley said.

The deposits currently in the mine plan would be unaffected by any future joint venture.

“We are excited about the potential to introduce an exploration joint venture partner who can draw on significant technical and financial resources and work with us to unlock the full potential of our 1,160km² landholding within this heavily mineralised province,” said Atherley. 

Fri, 17 Mar 2017 07:28:00 +0000
<![CDATA[RNS press release - High grade intercepts at Zona 7 & Exploration JV ]]> Fri, 17 Mar 2017 07:00:07 +0000 <![CDATA[News - Spain-focused Uranium mine developer Berkeley Energia reports “strong interest” from financiers looking to get involved wit Salamanca project ]]> Berkeley Energia PLC (LON:BKY), which is developing the Salamanca uranium mine in Spain, reported “strong interest” from financiers and looking to get involved in the project.

In an update to progress that accompanied the firm’s interim results, Berkeley said it “is considering a range of financing options whilst remaining focused on its aim of minimising dilution in order to protect the equity value of its shareholders”.

“The company continues to progress discussions with various potential strategic partners and financiers interested in taking a minority stake in the Salamanca mine, all of whom are currently undertaking detailed legal, financial and technical due diligence,” investors were told.

Having banked US$30mln from London institutions in an over-subscribed fundraise, the company is looking to secure the remainder of the US$96mln investment required to complete Salamanca.

The interims charted six months of significant progress for the business, a period in which it began work on the mine and ordered vital equipment, including the crusher circuit.

It also secured an offtake agreement for its product for double the volume it initially sought, while a report stated Salamanca will be one of the lowest cost uranium producers in the world when it begins production.

Not unusually for a mine developer at the pre-production stage, Berkeley was loss-making – to the tune of US$6.5mln in the six months ended December 31.

However it was in a financially very robust position sitting on around US$43mln at the period-end.

Wed, 15 Mar 2017 08:08:00 +0000
<![CDATA[RNS press release - Half-year Report ]]> Wed, 15 Mar 2017 07:00:09 +0000 <![CDATA[RNS press release - Holding(s) in Company ]]> Mon, 20 Feb 2017 09:34:06 +0000 <![CDATA[RNS press release - Holding(s) in Company ]]> Wed, 08 Feb 2017 10:35:49 +0000 <![CDATA[RNS press release - Director/PDMR Shareholding ]]> Tue, 07 Feb 2017 07:00:08 +0000 <![CDATA[News - Berkeley Energia says Q4 was “one of the most significant” ]]> Berkeley Energia Ltd’s (LON:BKY, ASX:BKY) fourth quarter was one of the most significant in the group’s history, according to managing director Paul Atherley.

Construction is presently underway to bring the Salamanca uranium mine, located in western Spain, into production with a targeted start date in 2018.

In the three months ended December 31 the company progressed the development, landed an important off-take deal to sell a portion of future production and it raised US$30mln of new capital.

"The Salamanca mine is being constructed just as uranium prices have begun rising after multi-year lows. We are receiving growing interest from US and Asian utilities who are looking to diversify their off-take with a low cost producer in the heart of the European Union," Atherley said in this morning’s quarterly activities report.

On a corporate level, the company had notable milestones in the quarter too. It appointed Paul Thomson as its new chief financial officer and was shortlisted for an award – the UK Stock Market Awards 'Investor Relations Team of the Year Award', along with Tesco, Sainsbury's and Next.

Tue, 31 Jan 2017 07:59:00 +0000
<![CDATA[News - Could Berkeley Energia's Salamanca mine be a good way to play a uranium price hike? ]]> Amid all of the back slapping and grins of relief in the mining sector, one group has remained grim-faced at the back of throng.

For uranium miners, 2016, like the previous five years, was another twelve months to forget.

While thermal and coking coal and gas and oil rallied, the price of the radioactive metal used in nuclear power stations slumped to decade lows.

Surely now it must be cheap?

Justin Chan at Numis won’t go that for, but he thinks the metal has reached bottom at least.

WATCH: Uranium prices expected to rally in 2017, says Numis analyst Justin Chan 

The shadow of the Fukushima disaster has taken some time to work though the system he says, which has dampened short-term demand while at the same time low cost producer Kazakhstan has increased its production of by 360% since 2007.

With the spot price constantly under the cosh, the electricity utilities that are the main source of demand have been under no pressure to buy on long term contracts.

But Chan sees things changing, with a shift in mindset in Kazakhstan now that it has a 40% of the global market.

If instead of selling at spot it starts to build stocks the effect on the uranium price will be dramatic he says.

He sees Berkeley Energia Ltd (LON:BKY) as a way to play any short-term price spike as it has the Salamanca  project in Spain ready to roll into production.  

Wed, 28 Dec 2016 07:45:00 +0000
<![CDATA[RNS press release - Issue of shares and Appendix 3B ]]> Fri, 23 Dec 2016 07:00:06 +0000 <![CDATA[RNS press release - Holding(s) in Company ]]> Tue, 20 Dec 2016 15:58:18 +0000 <![CDATA[News - Berkeley Energia orders first equipment for uranium mine build ]]> The successful completion of a US$30mln equity fundraiser means the construction phase at Berkeley Energia PLC’s (LON:BKY, ASX:BKY) Salamanca uranium project will begin early in the New Year.

For the proceeds from the share placing have allowed it to order primary and secondary crushers from the engineering and tooling giant Sandvik.

It is a move that Berkeley says accelerates development of the mine, which is slated to go into production in 2018.

The cost of the equipment, meanwhile, is more than 20% below estimates contained in the company’s definitive feasibility study.

"The ordering of the crushing circuits from Sandvik, following the successful equity financing completed in December, brings forward the commencement of construction of the processing plant by several months,” said chief executive Paul Atherley.

“The lower costs and shorter lead time associated with this key phase of construction moves Berkeley closer to its goal of becoming one of the world's lowest cost uranium producers, reliably supplying long term customers from the heart of the European Union."

Tue, 20 Dec 2016 07:54:00 +0000
<![CDATA[RNS press release - Appendix 3B ]]> Fri, 16 Dec 2016 07:00:10 +0000 <![CDATA[RNS press release - Result of Meeting ]]> Wed, 14 Dec 2016 07:00:07 +0000 <![CDATA[Media files - Berkeley Energia rolling on with Salamanca mine construction after land acquisition ]]> Tue, 06 Dec 2016 15:13:00 +0000 <![CDATA[News - Berkeley Energia acquires key land package at Salamanca ]]> Following on from a recent US$30 mln fundraising, Berkeley Energia Limited (LON:BKY) has now purchased a major parcel of land necessary for the completion of its Salamanca uranium mine in Spain.

The acquisition of this land will allow for the completion of current infrastructure works, as well as allowing space for the construction of a substation, the processing plant, and reagent storage facilities.

"Following the strong financial backing from London's blue chip institutions we are accelerating the development of the Salamanca mine, bringing forward the commencement of construction of the processing plant by several months and moving closer to our goal of becoming one of the world's lowest cost uranium producers," said managing director Paul Atherley.



Tue, 06 Dec 2016 07:31:00 +0000
<![CDATA[RNS press release - Major land acquisition completed at Salamanca mine ]]> Tue, 06 Dec 2016 07:00:06 +0000