Managing Directors Speech from June 13th Salamanca Event

Over 200 representatives of the local business community came together at the historic Fonseca Cathedral on June 13th to show their support for Berkeley’s Salamanca Project.

Representatives of local businesses, contractors, suppliers, and heads of local business associations stayed long into the evening discussing how they could help support the mine development.

Berkeley is one of the largest investors in Castilla y León which has lost over 100,000 people over the last five years

The local villages of Retortillo and Villavieja de Yeltes have seen their population decline by 30% in the last 20 years.

Speaking from the lectern in the 16th Century marbled hall Paul Atherley, CEO and Managing Director, commented:

“We are thrilled with the continued support we are receiving for our project. We’re investing a quarter of a billion euros and creating 2,500 direct and indirect jobs for which we have already had nearly 23,000 fully documented applications.

We understand that last year, the population in Castilla y Leon fell by over 21,000 people. Our belief is that if young people can stay and build careers that are created by economic development such as ours, they will get married and hopefully have families which will rejuvenate the once-thriving local villages.

Our support for this region goes beyond just job creation, we preferentially choose local businesses, ensuring that the benefit of our investment and the hard work of our employees stays within the community as much as is possible.”

Click here to read the full speech from the evening.

 

Key milestone in the construction of the Salamanca mine, following the delivery of the primary crusher to site

Berkeley Energia is pleased to announce a key milestone in the construction of the Salamanca mine, following the delivery of the primary crusher to site.

The crusher is the major piece of processing equipment for the operation and its arrival marks a significant milestone for the Company, as it has progressed from the development phase to the construction phase.

The 400 tonne per hour crusher was manufactured by Sandvik Group in Finland, one of the world’s leading suppliers and was one of the long lead items included in the use of proceeds from the equity raise completed in Q4 2016.

Our Managing Director Paul Atherley commented:

“The arrival of the crusher marks a significant milestone during the current construction phase for the Salamanca mine, the only major uranium mine in construction in the world today.

The mine will be one of the world’s lowest cost and one of the ten largest producers when in production.

There are currently some 70 staff and contractors at site. This number will quickly ramp up as construction continues.  We are encouraged by the local support and continue to recruit heavily from the local community and are delighted that people we have trained are now being offered employment.”

 

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Berkeley Energia, Tesco, Sainsbury’s and Next all shortlisted for Investor Relations Team of the Year Award at UK Stock Market Awards

Berkeley Energia is thrilled to announce that it has been nominated for the UK Stock Market Awards ‘Investor Relations Team of the Year Award.’ Other companies that have been nominated include Tesco, Sainsbury’s and Next, all vast UK consumer brands.

Paul Atherley, Managing Director, commented: “It is a real honour to be nominated for this prestigious award, and we are among great company in our category! Communication with shareholders is extremely important to the Company and we look forward to keeping all stakeholders updated on developments as the Salamanca mine moves forward with construction.”

The nominees were selected by readers of Shares magazine, a retail investor publication with a circulation of approximately 60,000 readers. These awards are unique as the companies are chosen entirely by the private shareholder community, not via self-submission.

The UK Stock Market Awards highlighted that “readers were asked to select companies that they felt had most effectively disseminated information to existing and potential shareholders across the full range of media. Nominees have been chosen because they have outshone their peers whilst ensuring true shareholder value has been, and will continue to be, created.”

All nominations will now be put forward to an independent judging panel of experts from across the financial community, including corporate finance, law, financial services, accounting, public relations and media, and the winner will be announced at the end of February.

Mines & Money – Mon 28th Nov – Thur 1st December

With a 13 year history, Mines and Money London is Europe’s largest mining investment conference and exhibition, bringing together over 2,500 attendees from 75 countries.

Mines & Money

Berkeley Energia will be present throughout the four day conference and we invite you to visit us and speak with our management about the company and our operations. Register today and we look forward to seeing you there.