Berkeley Energia
(ASX:BKY) has taken a step closer towards full construction of its Salamanca mine in Spain. The company says that full construction of its uranium project will begin early next year, following the order of the first major items for its crushing circuit.
Berkeley recently completed a US$30 million equity raising, and has used the proceeds to order primary and secondary crushers from the Sadvik Group.
The company also says that the project has a net present value of over US$530 million, and has hopes that it will boost the local Salamanca community, which has been suffering from long-term unemployment.
Berkeley Energia reported a net loss of $13.6 million at 30 June 2016.
