PERTH, WESTERN AUSTRALIA--(Marketwired - Oct 3, 2013) - Paladin Energy Ltd (TSX:PDN)(ASX:PDN) ("Paladin") regrets to announce that about 3.30pm yesterday Namibian time there was a serious electrical incident at Langer Heinrich Mine involving one employee and two contractors being hospitalised. Two of the workers received significant burns while the third worker received smoke inhalation and has been discharged. The more [...]
PERTH, WESTERN AUSTRALIA--(Marketwired - Oct 2, 2013) - Paladin Energy Ltd (TSX:PDN) (ASX:PDN) ("Paladin" or the "Company") announces that it has completed a cost rationalisation review and production optimisation analysis for FY14 and FY15, continuing its aggressive focus on constant performance enhancement. Improving operational efficiency is the Company's priority objective and further gains are expected to be [...]
PERTH, WESTERN AUSTRALIA--(Marketwired - Oct 1, 2013) - Paladin Energy Ltd. (TSX:PDN)(ASX:PDN) ("Paladin") notes that the printed version of the 2013 Annual Report, which is available electronically on the Company's website (www.paladinenergy.com.au), will be mailed to shareholders later this month. The Annual General Meeting is scheduled to be held Thursday, 21 November 2013. Meeting materials will be lodged with ASX and [...]
PERTH, WESTERN AUSTRALIA--(Marketwired - Aug 29, 2013) - Paladin Energy Ltd. ("Paladin" or "the Company") (TSX:PDN)(ASX:PDN) announces the release of its consolidated Financial Report for the year ended 30 June 2013. The Financial Report is appended to this News Release. HIGHLIGHTS OPERATIONS Combined production for the year of 8.255Mlb U3O8, an increase of 20% over the year ended 30 June 2012. June 2013 quarterly [...]
PERTH, WESTERN AUSTRALIA--(Marketwired - Aug 23, 2013) - Paladin Energy Ltd. (TSX:PDN)(ASX:PDN) - Paladin Update Date: August 30, 2013 Time: 06:30 Perth PLEASE CHECK THE WORLD CLOCK TO CONFIRM THE DATE AND START TIME FOR YOUR LOCAL TIME ZONE. Toronto: August 29, 2013, 18:30 hrs / London: August 29, 2013, 23:30 hrs / Hong Kong: August 29, 2013, 06:30 hrs LIVE - Conference Call and Online Slide Show Paladin Energy Ltd [...]
PERTH, WESTERN AUSTRALIA--(Marketwired - Aug 15, 2013) - Paladin Energy Ltd (TSX:PDN)(ASX:PDN) ("Paladin") today announced an adjustment of the Conversion Price in connection to the US$300M convertible bonds due November 4, 2015 and the US$274M convertible bonds due April 30, 2017 (together, the "Bonds"). Pursuant to the terms of the Bonds, the prevailing Conversion Price is subject to adjustment where any new issue of [...]
PERTH, WESTERN AUSTRALIA--(Marketwired - Aug 13, 2013) - Paladin Energy Ltd (TSX:PDN) (ASX:PDN) ("Paladin") advises it has today issued 125,578,171 fully paid ordinary shares to institutional and accredited investors, completing the placement announced August 2, 2013. ACN 061 681 098 Contact Paladin Energy Ltd.John BorshoffManaging Director/CEO+61-8-9381-4366 or Mobile [...]
Paladin Energy has completed the bookbuild for a private placement to institutional and accredited investors of 125.6M ordinary shares (representing 15% of Paladin's existing issued capital) to raise gross proceeds of approximately A$88M / C$81M. The placement was priced at A$0.70 (C$0.65) per share which represents a 30% discount to Paladin's last closing price on ASX. The new shares will rank equally with existing [...]
Paladin Energy today announced that it intends to undertake an institutional private placement of ordinary shares for up to 15% of Paladin's issued share capital. The Placement is to be conducted by way of a variable price bookbuild. As at 30 June 2013, Paladin's cash position was US$78.1M, compared to cash of US$112.9M at 31 March 2013. The movement in cash position from March to June was affected by working capital [...]
Paladin advises that on 1st August it terminated negotiations with the lead party, and all other parties, for the sale of a minority interest in the Langer Heinrich Mine. In the view of the Board, the current depressed uranium price has meant that it is unlikely that a price that appropriately reflects the strategic value of the asset will be achieved and accordingly proceeding at this time would be detrimental to long [...]
PERTH, WESTERN AUSTRALIA--(Marketwired - Jul 31, 2013) - Paladin Energy Ltd ("Paladin" or "the Company") (TSX:PDN)(ASX:PDN) announces with considerable regret that the Company has suffered a workplace fatality at its Kayelekera Mine in northern Malawi. A Malawi national employee, Mr. Khwima Phiri, who was employed in the mine's engineering workshop, died yesterday morning (30 July) after being struck in the chest by a [...]
PERTH, WESTERN AUSTRALIA--(Marketwired - Jul 16, 2013) - 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 30 June 2013. HIGHLIGHTS Strong sales revenue of US$107.4M for the quarter, selling 2.325Mlb U3O8 at average price of US$46.22/lb. Annual revenue of US$408.4M from [...]
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