Has anybody heard when Berkeleys paper work is going to be signed, thought it was going to be at the beginning of January or have I got it wrong? Just wondered if anybody may have heard something as all has gone quiet on this one.

there was a contractual delay as bmr seeking best deal for the company - everything is fully funded - guy who was managing the deal now joined bmr and he dont move for no reason - top guy from top company lots of experience etc - everything points to this month but last official news below i believe - literally is patience for now - could be tomorrow - could be next week......

Acquisition Update
Mon, 13th Dec 2010 07:00

RNS Number : 7842X
Berkeley Mineral Resources PLC
13 December 2010



Berkeley Mineral Resources Plc

("BMR" or "the Company")





Update on Kabwe acquisition



Berkeley Mineral Resources Plc, the AIM listed resource company, presents an update on its proposed acquisition of tailings dumps at Kabwe.



Completion of the acquisition is not now expected to take place until early in 2011. Discussions with the vendor, Sable Zinc Kabwe Limited, and Dorset Solutions Limited, which assisted the Company in securing the original option to secure the tailings dumps, are continuing and meetings to progress the transaction are due to take place in South Africa before Christmas.



The vendor is in the process of securing new licences and permits under Zambian mining law as a renewal of the previous small scale mining licence held by the vendor which expired, as did all such licences, in July 2010. The process of obtaining these licences and permits has been one of the reasons for the delay to the completion of the acquisition.



Further updates will be made in due course, including at the Company's AGM on 17 December 2010.



Contacts:



Masoud Alikhani, Chairman, Berkeley Mineral Resources 020 7408 1181



Stewart Dickson / Jonathan Wright, Seymour Pierce 020 7107 8000



Michael Padley / Gary Middleton, Lothbury Financial Services 020 7868 2010



Notes to editors

BMR is a minerals company with a primary strategy of investing in tailings processing. By accessing dump deposits with known grades and metallurgy, it avoids exploration or mining costs, has a secure licence and fixed environmental criteria, and can produce concentrates according to viability at current market prices.

The Kabwe deposits, located approximately 110km north of the Zambian capital Lusaka, were discovered in 1902. From 1906, Kabwe was a significant mine. By the time it closed in 1994, due to depletion of the massive sulphide mineralisation and lowered metal prices, it had produced about 1.8m tonnes of zinc, 800,000t of lead, 7,800t of vanadium pentoxide and lesser quantities of cadmium, silver and copper. After closure, most of the mine complex was sold off on a piecemeal basis. BMR's project is part of an overall plan to re-assemble the Kabwe site into a single entity operating under a single Large Scale Mining Licence.

The waste dumps at Kabwe cover an area of about 1km and contain over 7m tons of various waste residues with an estimated combined metal content of 455,000t zinc and 368,500t lead.

BMR benefits from the existing infrastructure at Kabwe, including processing plant, good roads, water supply, ample power, local labour and direct on-site sidings connection to overseas markets via international railways to South Africa and to Indian Ocean ports.

For further information please see the Company's website at http://www.bmrplc.com

The directors of Berkeley Mineral Resources accept responsibility for this announcement.

look up mark wainwright - also his position in managing this deal...... an eye opener for those who dont already know...

note Since August 2009, he has been a Managing Director at Turner and Townsend...

by pure coincedence LOL LOL LOL Turner and Townsend are managing this deal - now i wonder why mark wainwright would want to join bmr - could it be he knows what a huge deal this is!!! LOL

kerrrrrrrchinnnnnnnnnnnnnnnnnnnnnnnggggggggggggggggggggggggg!!

Board Change
Fri, 14th Jan 2011 07:00

RNS Number : 4521Z
Berkeley Mineral Resources PLC
14 January 2011

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BERKELEY MINERAL RESOURCES PLC

("BMR" or "The Company")



Board Changes



Berkeley Mineral Resources, which is primarily engaged in processing mining tailings, announces two alterations to its Board of Directors as follows:



Mark Wainwright, 52, MA (Cantab), MBA has been appointed a non-executive director. After commencing a career in mining with Gold Fields in South Africa, in 1998 Mark became a mining consulting Partner with Deloitte initially in South Africa and then Russia where his clients included a wide range of the world's leading mining and mineral processing companies.



Since August 2009, he has been a Managing Director at Turner and Townsend, an international construction consultancy, where he is the global leader of the Mining and Metals team.



There are no other matters which are required to be announced with regard to this appointment under paragraph (g) of Schedule 2 of the AIM Rules.



In addition, Yoram Ben Israel, who has been a non-executive director of the company since September 2005 has resigned his position to pursue his other interests.



Masoud Alikhani, Chairman, commented:



"The Company is grateful to Yoram Ben Israel for his contribution to BMR over the years and wishes him well.



We are delighted that Mark Wainwright is joining the Board. He brings with him a wealth of experience gained with some of the largest corporations in our sector. I am sure he will make a substantial and effective contribution to our development strategy, operational ability and offtaking activities to fulfil the needs of the Company as it grows to become a major producer in the world mineral processing business".

Thanks for the information. Will sit patiently!!!!!

you are welcome - that makes 2 of us!! gl

well well, bmr gets more interesting - apparently there will be rare earths in addition to what is known that the tailings already contain - good strategy here: there is no need to dig expensive mines when you can just filter through the tailings of a former mine.

Now that the prices of these metals, lead and zinc, are much higher, it makes excellent commercial sense to go over these huge tailings (mine rubbish dumps) and remember rare earths were not even understood when these vast African mines were being dug last century. There are also very good prospect of silver also.

BMR now have contracts to 3 dumps at Kabwe and are awaiting news on the fourth and biggest. Estimated minimum revenue on the first three are c. $140 million (est. profit $53 million). With the fourth dump this could add another $150 million in revenue over the 11 year contract with profit at a similar or better ratio to the first 3.

In addition to this bmr are expecting a JORC report on exactly what these tailings contain and also news on other mine sites in Africa that bmr will be working on et cetera et cetera

roll on final signing of contract somewhere between 10p - 20p - other news jorc / tailings updates / upgrades, 40p upwards as time and new marches on imo

kerrrchinnnnngggg!! again!