Western Australian based uranium company Paladin Energy has appointed administrators after French offtake partner Electricite de France (EDF) demanded a loan repayment of $US277 million by July 10.
Paladin Energy is planning an extensive financial restructure as it continues to face challenges in the global uranium market.
Uranium company Paladin Energy has offloaded several of its non-core Australian exploration assets to Uranium Africa for $2.5 million.
Paladin Energy’s founder and CEO John Borshoff is leaving the company.
Paladin Energy has bought Energia Minerals Limited’s Carley Bore uranium deposit in Western Australia for $16 million.
Just days after uranium miner Paladin Energy denied it discharged polluted water into a river, the company announced a tank failure at its Kayelekera mine has resulted in a spill.
Paladin Energy has denied claims it released toxic water from its Kayelekera uranium mine into a local river system in Malawi.
Perth-based miner Paladin Energy has put its Kayelekera mine into care and maintenance as sluggish as the price for uranium continues to deteriorate.
Paladin Energy said talks around the sale of its Langer Heinrich uranium mine were progressing as the price for uranium continues to deteriorate.
Perth-based uranium miner Paladin Energy has announced more job and pay cuts to come in response to sluggish uranium prices.
Rio Tinto and Paladin Energy have attempted to scuttle BHP Billiton’s $430 million sale of the Yeelirrie uranium deposit to Canadian giant Cameco.
Paladin Energy has signed a massive US$200 million long term offtake contract for its uranium.