https://www.miningweekly.com
PROJECT|Resources
PROJECT|Resources
project|resources

Paladin on track at Langer Heinrich

20th April 2023

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Work to restart production at the Langer Heinrich uranium mine, in Namibia, is on track and within budget, ASX-listed Paladin Resources said on Thursday.

In its quarterly report for the three months to March, the company noted that work at the project was some 40% complete at the end of the quarter, with first production still on track for the first quarter of the 2024 calendar year.

Some 600 personnel have been mobilised to site.

“Paladin continues to progress restart activities at the Langer Heinrich mine in Namibia. The work executed to date, combined with our well-defined pathway to production and on-site project execution team ensures that the project remains on time and budget with first production targeted for first quarter of 2024,” said Paladin CEO Ian Purdy.

“With a strong uranium contract book and a world-class asset in the Langer Heinrich mine, Paladin remains well positioned to deliver long-term value for our stakeholders.”

Restart costs for the Langer Heinrich operation have previously been estimated at $81-million, with the project’s life-of-mine production estimated at 77.4-million pounds over a 17-year mine life, at an estimated C1 cost of $27.40/lb.

Edited by Creamer Media Reporter

Comments

Latest News

MC Mining CEO Godfrey Gomwe
MC Mining revenue nearly doubles
22nd September 2023 By: Darren Parker

Showroom

John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 
Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
ARM, GoldOre, Gautrain make headlines
22nd September 2023
Magazine cover image
Magazine round up | 22 September 2023
22nd September 2023
Resources Watch image
Resources Watch
21st September 2023

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.139 0.174s - 89pq - 2rq
Subscribe Now