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Berkeley Energia acquires key land package at Salamanca

Published: 18:31 06 Dec 2016 AEDT

Berkeley-Energia---inspecting-drill-core
Inspecting drill core at Salamanca

Following on from a recent US$30 mln fundraising, Berkeley Energia Limited (LON:BKY) has now purchased a major parcel of land necessary for the completion of its Salamanca uranium mine in Spain.

The acquisition of this land will allow for the completion of current infrastructure works, as well as allowing space for the construction of a substation, the processing plant, and reagent storage facilities.

"Following the strong financial backing from London's blue chip institutions we are accelerating the development of the Salamanca mine, bringing forward the commencement of construction of the processing plant by several months and moving closer to our goal of becoming one of the world's lowest cost uranium producers," said managing director Paul Atherley.

 

 

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