JOHANNESBURG (miningweekly.com) – Uranium project developer Berkeley Energia has appointed Adam Parker as independent nonexecutive, strengthening the company’s commitment to build an Europe-focused board.
The ASX- and Aim-listed company, which is bringing the Salamanca mine in western Spain into production, recently also appointed London-based, former Rio Tinto executive Nigel Jones as nonexecutive director.
Parker joins the company after a long career in institutional fund management in London spanning almost three decades, including being a cofounder of Majedie Asset Management, which today manages assets of about £14-billion.
Parker retired from Majedie Asset Management in 2015 and has no ongoing input or influence in the management of its investments, including the firm's current ownership of about 5.30% of the company.
"We are delighted that Mr Parker has joined our board, bringing with him a wealth of financial and corporate experience gained over an extensive career in London financial markets,” said Berkeley MD Paul Atherley.
The Salamanca project is expected to deliver about 4.3-million pounds a year of uranium oxide over a mine life of 18 years.