https://www.miningweekly.com

Salamanca stays in government's good graces

2nd July 2018

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Dual-listed Berkeley Energia has welcomed support from the government of Castilla y Leon, after a decision was taken last week to reject a resolution by the opposition to halt the €250-million investment in the Salamanca uranium mine.

“There is a huge amount of support for the Salamanca mine, which is located in a region experiencing some of the highest levels of youth unemployment in the European Union,” Berkeley MD and CEO Paul Atherley said on Monday.

“Development of the mine will stimulate the return of services such as schools, petrol stations and transport to the local villages and will help bring back some of the 25 000 mainly young people who left the area last year to look for employment.”

Atherley said that the company recognised that aspects of the project would generate opposition, and that the company had a responsibility to accommodate genuine concerns raised, to ensure that the investment met high environmental and community standards.

Berkeley is spending €82.3-million on building the Salamanca mine, which will produce 4.4-million pounds a year over ten years – placing the company among the top-ten global uranium producers.

Edited by Creamer Media Reporter

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION