Paladin Energy Ltd is listed on the Australian Securities Exchange, the Toronto Stock Exchange and the Namibian Stock Exchange under the symbol “PDN”. Paladin is a uranium production company with projects currently in Australia and two operating mines in Africa with a strategy to become a major uranium mining house. Since 1998, during a period of sustained downturn in global uranium markets, Paladin accumulated a quality portfolio of advanced uranium projects each having production potential.
The Langer Heinrich Mine in Namibia is now operational with a targeted annual production of 2.6Mlb U3O8 and a minimum project life on current reserves of 17 years. The Kayelekera Mine in Malawi was officially opened in April 2009 and has been successfully commissioned with the plant showing full capability to operate throughout its flowsheet with yellowcake produced during this phase. The 3.3Mlb pa project remains on schedule for its ramp-up.
Following the closing of the takeover bid for Summit Resources Limited (ASX Code: SMM), Paladin holds an 81.9% interest in that company.
Please click here to view Paladin's Corporate Group Structure.