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Pin to quick picksBerkeley Eng Share News (BKY)

Share Price Information for Berkeley Eng (BKY)

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Share Price: 18.50
Bid: 17.50
Ask: 19.50
Change: -0.30 (-1.60%)
Spread: 2.00 (11.429%)
Open: 18.50
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TRADING UPDATES: Amaroq strikes gold; Power Metal completes drilling

Tue, 07th Feb 2023 14:45

((Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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Uru Metals Ltd - Toronto-based investor and mine project developer - Announces identification of higher-grade nickel mineralised zone at Zeb project, South Africa, by 75% held Zeb Nickel Corp. Says deeper holes revealed higher grade nickel at the base of its historical resource estimate, an area historical drilling stopped short of testing. Notes further drilling may lead to higher grade nickel intersections and an overall grade increase.

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Amaroq Minerals Ltd - Greenland-focused mine development company - Says it has intersected gold in all completed drill holes, including 1.9 metres at 1.58 grammes of gold per tonne and 2 metres at 0.84 grammes of gold. Says drill holes indicate an intrusion related gold mineralisation system associated with a large tonnage target. Notes surface sampling results at East Ridge, 2 kilometres southwest, include visible gold observed in quartz veins. "The results are a positive step towards realising the potential of Vagar Ridge, a target with a broad-spanning surface footprint, which we believe holds significant resource. We plan to deploy the same exploration strategy of carefully targeted scout drilling and geological modelling that we have successfully implemented at our cornerstone Nalunaq project, which will improve confidence ahead of more intensive resource drilling," Chief Executive Officer Eldur Olafsson comments.

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Berkeley Energia Ltd - Clean energy company focused on bringing wholly owned Salamanca project in Spain into production - Receives notification from Spanish Ministry for Ecological Transition and the Demographic Challenge that it has rejected Berkeley's administrative appeal against MITECO's rejection of Authorisation for Construction for the uranium concentrate plant as a radioactive facility at the Salamanca project. MITECO rejected the Authorisation for Construction in 2021, which Berkeley says was done without following legally established procedure.

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Power Metal Resources PLC - London-based exploration company focusing on global metal discoveries -

Completes 2,404 metre diamond drilling programme at Molopo Farms project. Says inaugural drillhole was drilled to a depth of 483 metres, while deepest was 650 metres. Notes total drilling programme was made up of five drillholes. Says it is completing detailed logging of its remaining cores, and is processing and shipping remaining samples for assay testing. Chief Executive Officer Paul Johnson says: "Completion of this drill programme represents an important step forward for Power Metal and my thanks go out to the operational teams for a job well done. This exercise required some flexibility, with teams mobilising to multiple locations, requiring rapid adaptation to the changing technical demands on an iterative basis."

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By Harvey Dorset, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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4 Nov 2016 08:47

Berkeley Energia raising up to $30m for Salamanca project

(ShareCast News) - Berkeley Energia announced a proposed fundraising on Friday, in a bid to accelerate the development of the Salamanca project in Spain, including construction of the crushing circuit and other infrastructure items. The company said the fundraising would take place through the issue

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11 Oct 2016 14:28

Berkeley Energia finally begins development at Salamanca

(ShareCast News) - Berkeley Energia commenced development of the Salamanca project in Western Spain in August, it confirmed in an update on Tuesday, after a decade and $60m of investment. The AIM-traded firm said the $100m project has the potential to be Europe's only major uranium mine and one of t

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2 Oct 2016 16:39

Sunday share tips: Berkeley Energia, DFS, Dunelm

(ShareCast News) - Shares in Berkeley Energia are set to rise as its uranium mine near in Salamanca comes into production, the Mail on Sunday´s Midas column said. With the ability to supply all the uranium fuel needed to provide for all of the UK´s energy needs over the next five-and-a-half years, i

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21 Jul 2016 08:31

BROKER RATINGS SUMMARY: Credit Suisse Cuts United Utilities To Neutral

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21 Jul 2016 07:24

LONDON BRIEFING: easyJet Leads Travel Stocks Lower On Catalogue Of Woe

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15 Jul 2016 08:09

Anglo Pacific "Encouraged" By Berkeley Energia's Spanish Project Study

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14 Jul 2016 09:29

Berkeley Energia Expects Annual Profit Of USD116 Million From Spain

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13 Jul 2016 12:35

Trading in Berkeley Energia stock halted on ASX

(ShareCast News) - Berkeley Energia advised the market on Wednesday that trading in its shares had been halted on the Australian Securities Exchange (ASX), effective immediately. "The halt was requested by the company, pending an announcement regarding a definitive feasibility study at the Salamanca

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13 Jul 2016 09:26

Berkeley Energia Shares Up As Trading Halted In Australia (ALLISS)

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4 Jul 2016 07:39

Berkeley Energia Secures USD5 Million Royalty Financing For Salamanca

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14 Jun 2016 07:54

Berkeley Energia Resumes Exploration Work At Salamanca Project

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11 May 2016 09:56

Anglo Pacific Values Royalty From Berkeley Energia At USD13 Million

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10 May 2016 07:08

Shareholder Provides USD10 Million Funding To Berkeley Energia (ALLISS)

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27 Apr 2016 11:12

Berkeley Energia Making Progress On Salamanca Project

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15 Apr 2016 18:48

Brexit worries continue to weigh on property stocks, homebuilders' shares

(ShareCast News) - Property and real estate stocks were again weaker, with investors referencing simmering fears regarding the possible impact which Brexit might have on the sector's high-flying shares. Stock in builders' merchant Travis Perkins led the way lower on the Footsie, sliding by 4.62% to

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