Paladin teeters on the brink of receivership

July 21, 2017

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Australian uranium player Paladin Energy is on the brink of receivership as its debts outweigh potential revenues.
The ASX-listed miner, which will be stripped of its TSX-listing on August 10 for failure to meet the exchange’s ongoing listing requirements, said on Friday that it has received an independent valuation for Langer Heinrich Mauritius Holdings of $583-million.

Category: General