Namibia: Paladin recapitalises to reopen uranium mine
The Australian group, supported by China National Nuclear Corp (CNNC), has raised nearly $170 million to relaunch Langer Heinrich, one of Namibia’s largest uranium mines. The mine has been shut since 2018.
24/03/2021 at 17h34, by Africa Business+
Paladin Energy, listed on the Australian Securities Exchange (ASX), has completed the first part of its capital increase of A$218.7 million ($166 million).
Recommended articles
Mines
28/04/2023 at 11h22, by Africa Business+
Namibia’s Paladin Energy signs fifth power purchase agreement with US energy company
The identity of the US company is not yet known. But it is a leading operator on the other side of the...
Mines
26/01/2023 at 16h54, by Africa Business+
Uranium rise: Bannerman aims for positive investment decision in Namibia
Is yellowcake set for another price spike as seen in 2007, which saw it reach a record $140.75 per pound?
Energy
26/08/2022 at 17h26, by Africa Business+
Paladin Energy bets on rising futures in the international uranium market
The Australian yellowcake producer continued to negotiate new sales agreements with various utilities...
Mines
05/07/2022 at 17h45, by Africa Business+
Power Metal Resources PLC secures uranium exploration licence in Togo
The British company is embarking on a new activity in West Africa.
Mines
26/01/2021 at 17h11, by Africa Business+
Robert Friedland’s Ivanhoe Mines negotiating $390 million for Platreef
The new funds must come from sources outside the current shareholding.
Mines
22/10/2020 at 15h42, by Africa Business+
Lidya Madencilik (Ahmet Çalik) interested in the Congolese subsoil
Specialising since 2010 in the extraction of gold, copper and other precious metals in Turkey, Central...