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Crucial week for Berkeley Energia as it receives initial US$65mln Salamanca financing

Managing director Paul Atherley, brought Proactive Investors' presenter Andrew Scott up to date with developments at Salamanca during Mines and Money 2017.

Atherley says the receipt of the first US$65 million fully funds the capital costs for production.

With the funding now completed they plan to award the major construction and mining contracts and begin serious earthworks early in the new year.

Quick facts: Berkeley Energia Ltd

Price: 11.75 GBX

LSE:BKY
Market: LSE
Market Cap: £30.37 m
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Caution over Berkeley Energia report casting doubt over Spanish government...

Numis Securities analyst Justin Chan chats to Proactive London's Andrew Scott following a Reuters report suggesting Spain’s government will not issue the required permits for construction of Berkeley Energia Ltd 's (LON:BKY) Salamanca mine to go-ahead, even though the project was granted...

on 17/10/18

2 min read