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Additional information
Additional Information
Market: ASX, AIM
Sector: General Mining
Epic: BKY
News: Latest news
Web Site: Berkeley Resources
Other Articles: 26-02-201022-01-201012-01-2010

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Thursday March 18, 09:06The drugs work: Biocompatibles sees further good sales growth ahead

After better-than-expected sales growth in the 2009 full year, the drug-eluting beads maker forecasts more growth this year while the Oncology Products Division revs up the pace of product trials.

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Thursday March 18, 01:14Cisco remains at the forefront of internet infrastructure

The stock has recently managed to breakout above the long term resistance found at the $25 level which should now provide support for any pullback before the share price drives higher

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Monday March 15, 08:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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Berkeley Resources

Berkeley Resources

Berkeley Resources (ASX: BKY) has acquired a number of advanced uranium exploration projects in Spain totaling approximately 450,000ha, covering all the main historic uranium mining and exploration areas in the country.

Berkeley's focus is on the successful completion of a Feasibility Study at its flagship Salamanca Uranium Project, incorporating the Spanish State Reserves and the Quercus Uranium Processing Plant.

The Salamanca Uranium Project has a number of identified uranium deposits, including an inferred JORC Resource, significant exploration targets based on historical information and substantial exploration upside.

Monday, April 27, 2009

Berkeley Resources gets green light for uranium production study in Spain

Berkeley Resources (ASX:BKY) has advised the Spanish Council of Ministers on Friday approved the Co-operation Agreement with ENUSA Industrias Avanzadas SA (ENUSA), as set out in the announcement dated 9 December 2008.

Berkeley will now proceed to:

-Pay the initial deposit of €5m for the ENUSA assets;
- Acquire ENUSA’s historical database for the Salamanca State Reserves and the Quercus uranium processing plant;
- Commence a feasibility study on the Salamanca Uranium Project, scheduled to take 18 months to complete;
- Undertake the placements and rights issue set out in the announcement of 23 March
2009; and
- Appoint Mr Stephen Dattels to the Board upon completion of the placement to Polo
Resources Ltd.

Berkeley will undertake the feasibility study, which includes an existing uranium processing plant and the substantial combined resource base of the two companies. Berkeley will partner with ENUSA to investigate the regeneration of uranium production in Spain.

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