Berkeley Energia orders first equipment for uranium mine build
The proceeds from its recent share placing have allowed it to order primary and secondary crushers from the engineering and tooling giant Sandvik.
Company
LON:BKY
Berkeley Energia Limited (BKY LSE/ASX/BME) is a high impact, clean energy company focused on bringing its wholly owned Salamanca project into production. This world class uranium project is being developed in an historic mining area about three hours west of Madrid, Spain.
311 stories · page 11 of 16
The proceeds from its recent share placing have allowed it to order primary and secondary crushers from the engineering and tooling giant Sandvik.
Archive
Elsewhere, Asiamet Resources raises £2mln; Berkeley Energia adds another piece to the Salmanca puzzle; Tissue Regenix opens another door in the US; plus much more…
This year's Mines & Money passed off peacefully, and even exhibited some green shoots of recovery
Archive
Elsewhere, Haydale Graphene agrees a development deal with Araldite maker; Akers Biosciences hails its “highly successful” diabetes trial; Tissue Regenix signs it first European distribution agreements; plus much more…
First deal done: now Berkeley said it is in discussions with other potential ‘off-takers’.
Broker Numis is getting bullish on uranium again following a new marketing initiative from the Kazakh government. Kazatomprom, the Kazakh-state uranium producer, is the largest producer in the world accounting for 39% of global mine product
“In our view, the current spot price reflects short term oversupply with the largest factor being the growth in Kazakh spot production,” said Chan.
Archive
Just a day after outlining plans to bring in up to US$1.2bn of new funds, Sirius revealed on Thursday the process was ostensibly complete.
Companies covered: ANGLE, Berkeley Energia, Best of the Best, Deltex, Forbidden Technologies, Frontier IP, Iofina, Ironridge, ITM Power, LGO Energy, Netscientific, Redx, ServicePower, Strategic MineralsPLC
DFS's former largest shareholder has cut its stake in the furniture retailer again
Berkeley is looking to raise between £16.1mln and £24.1mln
Salamanca has the potential to be Europe’s only major uranium mine.
Peel Hunt's initiation price target is 93p but 159p is a possibility reckons the broker.
Berkeley Energia is now lining up customers for the uranium that will come from its Salamanca mine in Spain
As our mining expert Alastair Ford pointed out, its been a long hiatus with no corporate activity of any real significance at the junior level for nearly seven years, but deals are now popping up.
Berkeley highlighted the US$100mln project has the potential to be Europe's only major uranium mine and one of the biggest producers in the world. It will provide over 450 new jobs and an estimated 2,700 indirect jobs.
The round up of headlines from the Proactive news desk.