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British company seeks permission to deactivate uranium mine in Salamanca

Europe / Non-ferrous metallurgy

Berkeley also recalled the rise in world uranium prices in the final trimester of 2018 by 4% at once (up to $ 28.50 per ounce).

British company seeks permission to deactivate uranium mine in Salamanca

British energy company Berkeley Energia Ltd reported on progress for the last trimester. The publication of the corresponding report was accompanied by an appeal to the Spanish National Commission for the Securities Market (CNMV) with a request to grant permission to deactivate the uranium mine in Salamanca.

Berkeley speakers, in particular, announced a rise in the price of the company's shares since the beginning of this year by 200% at once.

In addition, representatives of the energy corporation reported on the discovery of "significant reserves" of gold, cobalt, lithium and tin in the vicinity of the mine.

Berkeley also recalled the rise in world uranium prices in the final trimester of 2018 by 4% at once (up to $ 28.50 per ounce). The rise in uranium prices, according to the assurances of the company's analysts, will continue in the future.

Financial advances in recent months, coupled with the discovery of the aforementioned "additional " metals, have prompted Berkeley Energia Ltd to request a permit for 350 km².

The corporation's management also reminded the Spanish regulator of the need to reopen the only open-air uranium deposit in Europe and promised to invest at least € 63 million in the project.

Berkeley Energia Limited is a large, clean energy company with offices in London, Perth and Salamanca.

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