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Paladin takes full control of Queensland uranium explorer

By: Esmarie Iannucci     1st August 2018 Dual-listed Paladin Energy has moved to take full control of junior uranium explorer Summit Resources, in which it already holds an 82.08% interest. Paladin on Wednesday announced an off-market takeover offer for the remaining shares in the ASX-listed Summit, offering one new Paladin share for... 

Paladin mothballs Namibia uranium mine

By: Esmarie Iannucci     25th May 2018 Dual-listed Paladin Energy on Friday confirmed that its Langer Heinrich uranium mine, in Namibia, was being placed on care and maintenance, but said that the low-cost openpit operation would be one of the first to resume production when the uranium market normalised. Paladin in April said that... 

Administrators take over at embattled miner Paladin

By: Esmarie Iannucci     4th July 2017 Embattled uranium miner Paladin Energy has called in administrators after failing to secure a standstill agreement with France’s Electricite de France SA (EDF). Paladin was due to make repayments of a $227-million debt to EDF on July 10. 

Paladin in talks with lenders as debt repayment deadline looms and mine sale is delayed

By: Esmarie Iannucci     1st December 2016 Uranium miner Paladin Energy has initiated discussions with key stakeholders, including certain of its convertible bond holders, regarding its upcoming debt repayments as the planned sale of a stake in its mine in Namibia has been delayed. The miner has to repay $212-million at the end of April. 

Paladin posts Q3 loss despite Langer Heinrich performing well

By: Henry Lazenby     10th May 2016 TSX- and ASX-listed uranium producer Paladin Energy has reported an adjusted loss of $14.8-million, or $0.01 a share for the third quarter ended March 31, as an improved performance at its Langer Heinrich mine, in Namibia, was undercut by weak sales volumes. The performance was in line with... 

Langer Heinrich ups production and revenue for Paladin

By: Esmarie Iannucci     18th January 2016 Uranium miner Paladin Energy on Monday reported a 75% quarter-on-quarter increase in revenue and higher December quarter production from the Langer Heinrich mine, in Namibia. The Langer Heinrich mine delivered a 16% quarter-on-quarter increase in production to 1.25-million pounds of uranium... 

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