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Share Price: 22.00

Bid: 21.00

Ask: 23.00

Change: 0.00 (0.00%)

Spread: 2.00 (9.524%)

Open: 21.50

High: 22.00

Low: 21.50

Prev. Close: 22.00

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IN BRIEF: Berkeley Energia uranium plant construction plans rejected

Mon, 29th Nov 2021 14:23

Berkeley Energia Ltd - clean energy company focused on bringing wholly owned Salamanca project in Spain into production - Receives rejection of plans for construction of a uranium concentrate plant at the company's Salamanca project in Spain. The decision by the country's Ministry for Ecological Transition and the Demographic Challenge follows an unfavourable report for the grant of the Authorisation for Construction for the plant by the Nuclear Safety Council announced on July 12.

In a strongly worded statement, Berkeley says it "strongly refutes" the decision and that it will continue to defend its position and "immediately consider the range of legal options available to it".

Current stock price: 10.48 pence, down 13% Monday

Year-to-date change: down 68%

By Will Paige; willpaige@alliancenews.com

More News

30 Dec 2010 16:55

London close: Footsie winds down as 2011 nears

London closed shy of the 6,000 mark after a late dip in very light volumes with little for either buyers or sellers to get their teeth into. Fresnillo was an exception thanks to another strong day on the metals exchanges as silver hit a new 30-year high. Copper traded above $9,500 per tonne on the

30 Dec 2010 12:23

London midday: Traders go 'cold turkey' on shares

Traders are regarding UK shares with all the enthusiasm of someone being offered another round of cold turkey sandwiches, as the lull between Christmas and New Year continues. Fallers outnumber risers by around two to one among Footsie constituents, with miners reflecting the mixed picture. Silver

30 Dec 2010 09:49

Berkeley Resources and Severstal talks stall

Uranium miner Berkeley Resources has confirmed that the bid exclusivity granted to Russian giant Severstal expired on 29 December after the two parties could not agree a price for a takeover. Severstal's right to subscribe for shares in Berkeley remains in force until 14 January but is only exerci

30 Dec 2010 09:10

London open: Blue chips very flat

Trading so far seems even quieter than yesterday, with very little news to get the attention of either buyers or sellers. BP is off the pace after it faced more US litigation with an investor lawsuit claiming the oil giant repeatedly lied about its safety record over the past five years. Miners ar

30 Dec 2010 08:35

Thursday newspaper round-up: Strikes, BP, Italy...

Union bosses are plotting mass strikes at around the time of the royal wedding. The most senior figures in the movement are to meet early in the new year at a TUC meeting aimed at delivering co-ordinated mass industrial action in the spring against government cuts. Mark Serwotka, the leader of the

12 Nov 2010 16:49

BG boss raises more than £1m

BG Group chief executive Frank Chapman has raised more than £1m by selling shares in the oil and gas explorer and producer. Chapman sold 85,000 shares at £12.80 each, which leaves him with 1.91m shares in BG, which was spun out of British Gas in 1997. Chapman has been chief executive for 10 year

29 Oct 2010 17:57

Severstal approach for Berkeley Resources

Giant steel maker and miner OAO Severstal is trying to negotiate a bid for AIM-quoted and ASX-listed uranium miner Berkeley Resources Ltd. Severstal says that, subject to due diligence, it is considering making a cash offer for the miner. Severstal's annual revenues are $13bn. Berkeley's board s

30 Jul 2010 11:10

Small caps round-up: PetroLatina, Metminco, Berkeley Resources...

Colombia-focused oil and gas group PetroLatina has raised $11.5m from a placing of shares at 40p each, with $10m bought by major shareholder Tribeca Oil & Gas Inc and the rest by a business linked to chief executive Juan Carlos Rodriguez. The fundraising, which will finance the ongoing work program

28 Jun 2010 08:29

Berkeley Resources Starts Phase 1 Drilling At Salamanca Spain

LONDON (Dow Jones)--Berkeley Resources Limited (BKY.LN) Monday announces the start of the first phase of Reverse Circulation (RC) drilling at the Salamanca Uranium Project in Spain. MAIN FACTS: -Three rigs have been mobilized to site and are drilling with another rig to start shortly. -T

28 Jun 2010 08:29

Berkeley drills to expand Spanish uranium project

Berkeley Resources has started the first phase of Reverse Circulation (RC) drilling at the Salamanca uranium project in Spain. The miner is aiming to upgrade the current resource classifications from Indicated to Measured and from Inferred to Indicated, test for lateral and depth extensions of the

2 Dec 2009 07:59

Small caps round-up: Sirius, Catalyst Media, Globus Maritime...

Sirius Petroleum has raised £1.1m through a placing at 6p to cover the costs of due diligence on an as yet unnamed acquisition target and to provide working capital. The fund raising is part of Sirus's strategy to neter joint venture partnerships on marginal fields. Shares in Catalyst Media jumped

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IN BRIEF: Berkeley Energia uranium plant construction plans rejected

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