PERTH, WESTERN AUSTRALIA--(Marketwired - Apr 22, 2014) - Paladin Energy Ltd. ("Paladin" or "the Company") (TSX:PDN)(ASX:PDN) is pleased to provide its Quarterly Activities Report for the three month period ended March 31, 2014. HIGHLIGHTS Key strategic initiatives successfully implemented. sale of 25% minority joint venture equity to China National Nuclear Corporation (CNNC) for US$190M. Paladin satisfies conditions [...]
PERTH, WESTERN AUSTRALIA--(Marketwired - Apr 16, 2014) - Paladin Energy Ltd (TSX:PDN)(ASX:PDN) ("Paladin" or the "Company") notes that, further to the announcement made January 20, 2014 advising the sale of a 25% minority interest in Langer Heinrich to China National Nuclear Corporation (CNNC) for US$190M, Paladin is pleased to advise that the conditions required to allow release of the escrowed US$20M non-refundable [...]
PERTH, WESTERN AUSTRALIA--(Marketwired - Mar 12, 2014) - Paladin Energy Ltd (TSX:PDN) (ASX:PDN) ("Paladin" or the "Company") notes that Newmont Mining Corp. announced on March 11 that it has sold its 5.4% shareholding in Paladin through a book-build process. The sale has been underwritten by an investment bank at a fixed price of $0.525 per share and Paladin has been informed the sale was made to a broad range of [...]
PERTH, WESTERN AUSTRALIA--(Marketwired - Feb 20, 2014) - Paladin Energy Ltd (TSX:PDN)(ASX:PDN) ("Paladin" or the "Company") notes that, as announced on February 7, 2014, Paladin (Africa) Limited (PAL), a subsidiary of Paladin Energy Ltd. (Paladin), is suspending production at its Kayelekera Mine (KM or the Operation) in Malawi and will place the Operation on care and maintenance until PAL determines that a recovery in the [...]
PERTH, WESTERN AUSTRALIA--(Marketwired - Feb 18, 2014) - Paladin Energy Ltd. (TSX:PDN)(ASX:PDN) ("Paladin" or the "Company") wishes to advise that a minor incident occurred on Monday, February 10, 2014 during the routine transportation of Uranium Oxide Concentrate (UOC) from the Company's Kayelekera Mine (KM) in northern Malawi for export through the Port of Walvis Bay in Namibia. A truck operated by a shipping [...]
PERTH, WESTERN AUSTRALIA--(Marketwired - Feb 13, 2014) - Paladin Energy Ltd (TSX:PDN)(ASX:PDN) ("Paladin" or the "Company") is pleased to provide the presentation in relation to the December 31, 2013 Half Year Financial Report conference call and investor update to be held tomorrow morning at 6:30am Perth time. Full details in relation to the call were announced on February 11, 2014 [...]
PERTH, WESTERN AUSTRALIA--(Marketwired - Feb 13, 2014) - Paladin Energy Ltd. ("Paladin" or "the Company") (TSX:PDN)(ASX:PDN) announces the release of its consolidated Financial Report for the six months ended 31 December 2013. The Financial Report is appended to this News Release. HIGHLIGHTS OPERATIONS Combined production for the six months ended 31 December 2013 of 4.253Mlb (1,929t) U3O8 is an increase of 3% over the [...]
PERTH, WESTERN AUSTRALIA--(Marketwired - Feb 11, 2014) - Paladin Energy Ltd. (TSX:PDN)(ASX:PDN) - Date: 14 February 2014 Time: 06:30 Perth PLEASE CHECK THE WORLD CLOCK TO CONFIRM THE DATE AND START TIME FOR YOUR LOCAL TIME ZONE. Toronto: 13 February 2014, 17:30 hrs / London: 13 February 2014, 22:30 hrs / Hong Kong: 14 February 2014, 06:30 hrs LIVE - Conference Call and Online Slide Show Paladin Energy Ltd (TSX:PDN [...]
PERTH, WESTERN AUSTRALIA--(Marketwired - Feb 7, 2014) - Paladin Energy Ltd (TSX:PDN)(ASX:PDN) ("Paladin" or the "Company") advises that its subsidiary company, Paladin (Africa) Limited (PAL), is suspending production at its Kayelekera Mine (KM or the Operation) in Malawi. The suspension will involve placing the Operation on care and maintenance until the price of uranium recovers. This decision will preserve the remaining [...]
PERTH, WESTERN AUSTRALIA--(Marketwired - Jan 20, 2014) - Paladin Energy Ltd (TSX:PDN)(ASX:PDN) ("Paladin" or the "Company") is pleased to advise that it signed an agreement on 18 January 2014 to sell a 25% joint-venture equity stake in its flagship Langer Heinrich uranium mining operation in Namibia to China Uranium Corporation Limited, a wholly owned subsidiary of China National Nuclear Corporation (CNNC), the leading [...]
- The project finance facilities have been refinanced. - US$59M reduction in debt repayments over 2014 and 2015 calendar years. - Langer Heinrich debt repayments reduced by US$5.5M per annum. - This has material positive cash flow implications and the financial pressure on the business has been substantially reduced. PERTH, WESTERN AUSTRALIA--(Marketwired - Jan 17, 2014) - Paladin Energy Ltd (TSX:PDN)(ASX:PDN [...]
PERTH, WESTERN AUSTRALIA--(Marketwired - Jan 15, 2014) - Paladin Energy Ltd. ("Paladin" or "the Company") (TSX:PDN)(ASX:PDN) is pleased to provide its Quarterly Activities Report for the three month period ended December 31, 2013. HIGHLIGHTS Sales revenue of US$101.75M for the quarter, selling 2,774,814lb U3O8 at average price of US$36.67/lb. Record combined production for Langer Heinrich and Kayelekera mines in [...]