Proactive Investors - Run By Investors For Investors

Berkeley Energia updates on permitting at Salamanca, following half-yearly results

The uranium market has strengthened in recent months
Berkeley Energia updates on permitting at Salamanca, following half-yearly results
There is a significant uranium resource at Salamanca

Berkeley Energia Ltd (LON:BKY) has received a number of favourable assessments from various regulatory bodies in regard to permitting at its Salamanca uranium mine in Spain.

These include two assessments from the Nuclear Safety Council.

WATCH: Caution over BerkeleyEnergia report casting doubt over Spanish government approval

Berkeley is now awaiting the recommendation report from the Nuclear Safety Council to the relevant minister.

Meanwhile, as previously announced, Berkeley has been informed that the local municipality remains unable to award the Urbanism Licence due to a number of outstanding items. These outstanding items have been previously disclosed and are currently being addressed by the company.

As at the end of the six months to December 2018, Berkeley Energia had A$100mln in cash on the balance sheet.

View full BKY profile View Profile

Berkeley Energia Ltd Timeline

Related Articles

Ukraine oil well
April 30 2019
In Ukraine, the Group’s assets are located near to Poland and Romania
Hydrogen fuel gauge
April 05 2019
The company’s technology, DMG, uses a process of small scale gasification to turn waste products into energy rich clean synthetic gas from which electrical power and hydrogen can be produced
Egypt
April 08 2019
The South Disouq project has been pushed back towards the end of 2019

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use