Berkeley plunges on Spain permit uncertainty

The stock of triple listed Berkeley Energia plunged on Wednesday, after news reports that the Spanish government has decided not to issue the permits needed for its Salamanca uranium mine.

Berkley, which on Monday alerted investors to a delay in receiving an urbanisation licence, traded nearly 30% down on the ASX on Wednesday at A$0.34 a share and fell 45% on the main market of the LSE to 14.25p a share.