logo-loader
viewBerkeley Energia Ltd

Berkeley Energia notes reports of various legal challenges to appointments to Spain’s Nuclear Safety Council board

The AIM-listed uranium mine developer said it will advise shareholders of the decision by Spain’s Supreme Court on the legality of these appointments as soon as it is received

Nuclear
In the meantime, Berkeley Energia added, it continues to progress the approvals for the Salamanca mine

Berkeley Energia Ltd. (LON:BKY) has noted recent media reports regarding various legal challenges to recently announced appointments to the board of the country’s Nuclear Safety Council.

In a brief statement, the dual London and Spain listed uranium mine developer said it will advise shareholders of the decision by Spain’s Supreme Court on the legality of these appointments as soon as it is received.

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

In the meantime, the group added, it continues to progress the approvals for the Salamanca mine and will advise shareholders as soon as any decision is made by the Nuclear Safety Council.

Reuters reported last week that Berkeley Energia had appealed to Spain’s Supreme Court against the nomination of new members to the country’s nuclear safety council, which is due to assess the group’s uranium mine project near Salamanca.

The newswire said that in a document released on Thursday, the court had rejected a request from Berkeley to urgently suspend a government decree last week which named four new members to the Nuclear Safety Council’s five-strong board, which rules on the safety of nuclear and radioactive facilities.

The proposed new members include an ecological activist, who has campaigned against Berkeley’s mine project, Reuters added.

The court gave the Spanish government 10 days to offer its side of the story before deciding how to proceed, it said.

Quick facts: Berkeley Energia Ltd

Price: 15.75 GBX

LSE:BKY
Market: LSE
Market Cap: £40.71 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Berkeley Energia Ltd named herein, including the promotion by the Company of Berkeley Energia Ltd in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

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