Berkeley Resources Limited Environmental Licence (9813P)
08 10월 2013 - 6:34PM
UK Regulatory
TIDMBKY
RNS Number : 9813P
Berkeley Resources Limited
08 October 2013
BERKELEY RESOURCES LIMITED
AIM RELEASE | 8 OCTOBER 2013 | ASX/AIM:BKY
ENVIRONMENTAL LICENCE GRANTED FOR RETORTILLO
Highlights:
-- Regional Government has granted a Favourable Declaration of
Environmental Impact ('Environmental Licence') for Retortillo
following submission and extensive review of the Company's
Environmental and Social Impact Assessment ('ESIA'); and
-- Approval of the Company's Exploitation and Reclamation and
Closure Plans is now the only outstanding prerequisite for the
granting of the Exploitation Concession ('Mining Licence') for
Retortillo.
Berkeley Resources Limited ('Berkeley' or 'the Company') is
pleased to announce that the Environmental Licence for Retortillo
has been granted by the Regional Government of Castilla and León.
The Retortillo deposit forms part of the Company's flagship
Salamanca Project (the 'Project') in Spain and is where production
is scheduled to commence.
The grant of the Environmental Licence is a major milestone for
the Company and follows substantial work over the last 24 months
directed towards permitting of the Project, including environmental
and social baseline studies and culminating with the submission of
the ESIA, together with the Exploitation Plan and the Reclamation
and Closure Plan for Retortillo.
The ESIA and associated documentation were subjected to
extensive review by all relevant authorities and key stakeholders,
including a 30 day Public Information Period, prior to the grant of
the Environmental Licence. The Environmental Licence covers all
mining and processing activities, including treatment of loaded
resin transported to Retortillo from other deposits.
Key activities undertaken during the ESIA process, which was
managed by Berkeley with input from a multi-disciplinary group of
specialist consultants, included environmental baseline monitoring
studies, census work to understand the flora and fauna within and
around the tenement area, ecosystem and habitat sensitivity
surveys, noise and air quality studies, surface and underground
water studies, and extensive community engagement.
With the grant of the Environmental Licence and the favourable
recommendation report recently submitted by the Nuclear Safety
Council to the Regional Government, approval of the Company's
Exploitation and Reclamation and Closure Plans is now the only
outstanding prerequisite for the granting of the Mining Licence for
Retortillo.
The Directors are extremely encouraged by the grant of the
Environmental Licence which highlights the positive progress being
made with the permitting process for the Project. This milestone
follows the recent successful completion of the Project
Pre-Feasibility Study ('PFS') which focused on the integrated
development of the Retortillo and Alameda deposits. The PFS results
clearly demonstrated the Project's potential to support a
significant scale, long life, low cost uranium operation (refer ASX
announcement dated 26 September 2013).
Using only the current Mineral Resource Estimates for Retortillo
and Alameda, as a base case scenario, the PFS showed the Project
can support an average annual production of 3.3 million pounds of
U(3) O(8) during the seven years of steady state operation and 2.7
million pounds of U(3) O(8) over a minimum eleven year mine life.
Operating cost estimates (C1 cash costs) average US$24.60 per pound
U(3) O(8) over the life of mine. The initial capital cost
(nominally +/- 20% accuracy) for the Project was estimated at
US$95.1 million. This cost is inclusive of all mine, processing,
infrastructure and indirect costs required to develop and commence
production at Retortillo. A further US$74.4 million of capital,
incurred in the second year of production, is required to develop
Alameda and achieve steady state operation. The Project's capital
cost reflects the excellent existing infrastructure that services
the region, the use of heap leaching as the preferred processing
route, and the use of contractor mining.
Enquiries: Robert Behets
Berkeley Resources
+61 8 9322 6322
Martin Eales
RBC Capital Markets
+44 20 7653 4000
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCEANEPEDFDFEF
Berkeley Energia (LSE:BKY)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024
Berkeley Energia (LSE:BKY)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024