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.
Berkeley Energia PLC (LON:BKY) is down to the brass tacks stage of financing at the Salamanca uranium mine in Spain. Berkeley “is considering a range of options while remaining focused on its aim of minimising dilution in order to protect the equity ...
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.
Things are falling into place for Berkeley Energia's (LON:BKY) Salamanca uranium project in Spain with the latest news the appointment of heavyweight engineering firm Amec Foster Wheeler to design the mine.
Berkeley Energia Limited (LON:BKY) confirmed on Tuesday that it has pulled in US$10mln of new financing at a 15% premium to the current share price, with existing shareholder The Resource Capital Fund (RCF) putting up half the cash.