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.
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Round up of this week's mining headlines from the world of Proactive.
This is very positive news from Berkeley and shows the appetite for new sources of uranium supply - analyst Paul Smith.
Berkeley Energia Ltd (ASX:BKY) has signed an agreement with a European based commodity trading company for the sale of the first million pounds of uranium from the Salamanca mine in Spain.
Archive
Weekly round up of mining headlines from the world of Proactive.
Aura Energy Ltd debuted AIM market on Monday after raising £2.24mln from London investors.
Berkeley Energia's ongoing drill programme at Salamanca has hit more high grade uranium
Archive
A round up of the week's mining headlines from Proactive.
Builders and building materials
London blue-chip shares closed Wednesday at a more than one-year high, AIM paper had its best level in over two years, and mid-caps briefly beat pre-Brexit levels
Shares in GSK rose 25p, or 1.5%, to 1692p after it reported a 4% rise in group sales to £6.5bn
Salamanca, says the group, will be one of the globe's top ten producers and among the lowest cost producers
Investments and investor services
The FTSE 100 Index rose 16.8 points to 6740.83 as second quarter UK GDP growth rose
Archive
A weekly round up of the mining news from the world of Proactive.
Output from Salamanca is likely to be in the order of 4.4mln pounds of uranium a year, generating an annual average net profit of US$116mln. Peak annual EBITDA will be US$226.3mln.
Berkeley Energia Ltd (ASX:BKY) is preparing to provide an update on the Definitive Feasibility Study at the wholly-owned Salamanca project, which is located in a historic uranium mining area in western Spain.
Berkeley Energia suspends shares, KEFI Minerals shuffles its board, and Scancell's technology is highlighted by the scientific community.
Major share price risers and fallers in London at 4.15pm
A weekly round-up of mining news from the world of Proactive.
The agreement was with the RCF V Annex Fund, which has bought a 0.375% net smelter royalty for the Salamanca uranium project in Spain.
