Paladin narrows FY net loss, to lower output amid low price environment

August 24, 2016

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Falling uranium prices are forcing dual-listed uranium miner Paladin Energy to cut back production even further.
The TSX- and ASX-listed miner on Wednesday announced that it is working on a proposed plan to reduce mining and mill throughput at the Langer Heinrich Mine (LHM), in Namibia, with processing plant feed coming from stockpiled low and medium-grade ores.

Category: General