UK 18:58 Monday, 26 October 2026
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Masoud Alikhani, veteran chairman of Berkeley Mineral Resources (BMR), is celebrating the belated approval by environmental authorities in Zambia for its $18.7 million (£11 million) lead, zinc and copper tailings project at Kabwe in the heart of the central African country’s mining district. According to the AIM-quoted company, first tailings production could start ‘within days’ following written approval from the Zambia Environmental Management Agency (ZEMA), which also triggers the second half of a £1 million equity financing of Berkeley at a lowly 1.4p a share through Park Lane stockbroker Novum Securities.
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Comments
Alan
Needs a lot more more cash to go into production. The a £1 million equity financing won;t be anything near enough.
Alan
they need $80m just for production. sell