Paladin back to uranium exploration, development as demand for nuclear surges

Mining News Pro - Australian uranium producer Paladin Energy Ltd said on Monday that it was restarting its development and exploration activities amid a surge in demand for nuclear energy after Russia’s invasion of Ukraine.

Paladin eyes $50/lb pricepoint for restart

Mining News Pro - Uranium company Paladin Energy is awaiting a spot price of $50/lb or more for uranium before restarting its Langer Heinrich uranium operations, in Namibia.

Paladin completes retail entitlement offer

Mining News Pro - Uranium company Paladin Energy has completed the retail component of its 1-for-8.5 fully underwritten accelerated non-renounceable pro-rata entitlement offer, raising A$26.2-million.

Paladin cuts Namibian spend

Mining News Pro - Uranium hopeful Paladin Energy on Tuesday announced that capital expenditure (capex) at its Langer Heinrich mine, in Namibia, is expected to reach $9.5-million in 2021.

Paladin strengthens case for uranium mine restart

Mining News Pro - Paladin Energy has moved closer towards the restart of the Langer Heinrich uranium mine in Namibia, Africa, which remains permitted to resume mining.

Paladin completes Kayelekera uranium mine sale

Mining News Pro - Paladin Energy has completed the sale of its 85 per cent interest in the Kayelekera uranium mine in Malawi to Lotus Resources.

Paladin offloads majority stake in Kayelekera uranium mine to Lotus

Mining News Pro - Paladin Energy has agreed to sell 85 per cent of its interest in the Kayelekera uranium mine in Malawi to Hylea subsidiary Lotus Resources, a joint venture with Chichewa Resources.

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