Related Topic: Namibia

Paladin announces PFS for Langer Heinrich restart

Paladin announces PFS for Langer Heinrich restart

Paladin Energy Limited has announced a pre-feasibility study for the restart of the Langer Heinrich uranium mine in Namibia after identifying options to reduce operating costs and maintain cost competitiveness.

Uranium & Fuel 27 February 2019


Optimisation studies begin at Namibian uranium mine

Optimisation studies begin at Namibian uranium mine

Paladin Energy is embarking on two studies to optimise its Langer Heinrich uranium mine in Namibia in preparation for a restart decision. The company will also examine the potential recovery of vanadium as a by-product at the mine, which is currently under care and maintenance.

Uranium & Fuel 07 December 2018


Rio Tinto tosell Rössing stake

Rio Tinto to sell Rössing stake

Rio Tinto has agreed to sell its entire 68.62% stake in Rössing Uranium Limited, owner of the Rössing mine in Namibia, to China National Uranium Corporation Limited for up to USD106.5 million.

Corporate 26 November 2018


Namibian mine prepares for care and maintenance decision

Namibian mine prepares for care and maintenance decision

Langer_Heinrich_view_(Paladin)-48Paladin Energy has begun preparations at Langer Heinrich ahead of a potential decision to put the Namibian uranium mine under care and maintenance. A decision is expected within two months.

Uranium & Fuel 26 April 2018


Paladin creditors agree to proposed restructuring

Paladin creditors agree to proposed restructuring

Paladin Energy's creditors have agreed to a proposal to restructure the company's debt and reinstate it to quotation on the ASX. The Western Australia-based company's creditors have executed the proposed deed of company arrangement (DOCA). Major creditor Electricité de France previously said it may seek to have the DOCA, which it claims is unfairly prejudicial towards it, terminated.

Corporate 11 December 2017


Etango study identifies capital savings

Etango study identifies capital savings

Etango_demonstration_plant_(Bannerman)_48A recently completed process optimisation study has shown how Bannerman Resources can save an estimated $73 million in capital costs at its Etango uranium project. The study forms the first part of Bannerman's update of the definitive feasibility study for its 95%-owned Namibian project.

Uranium & Fuel 10 November 2017


CNNC decides against Langer Heinrich buyout

CNNC decides against Langer Heinrich buyout

Langer Heinrich sign (Paladin) 72x48The Langer Heinrich uranium mine in Namibia will remain under the ownership of Paladin Energy as the company goes through administration after joint venture partner CNNC Overseas Uranium Holdings decided not to exercise its option to acquire Paladin's share of the mine. Paladin owes EDF $277 million. million,

Corporate 21 August 2017


Langer Heinrich company value seen at $583 million

Langer Heinrich company value seen at $583 million

Independent experts have determined the fair market enterprise value of the Langer Heinrich uranium mine's holding company to be $583 million, Paladin Energy has announced. Separately, Paladin said the administrators it appointed earlier this month have agreed a new financing facility that will fund working capital for the Namibian mine.

Corporate 25 July 2017


Paladin Energy enters administration

Paladin Energy enters administration

Langer_Heinrich_view_(Paladin)-48Paladin Energy Ltd has today appointed administrators after it was unable to agree a delay to the repayment of $277 million it owes Electricité de France. The administrators will continue to operate the company on a business-as-usual basis until further notice.

Uranium & Fuel 03 July 2017


Paladin announces arbitration proceedings

Paladin announces arbitration proceedings

Paladin Energy Limited plans to start arbitration proceedings against CNNC Overseas Uranium Holdings Ltd (CNNC Overseas) amid indications it will seek to acquire Paladin's interest in the Langer Heinrich uranium mine in Namibia. CNNC Overseas bought a 25% joint venture equity stake in Langer Heinrich for $190 million in January 2014.

Uranium & Fuel 23 March 2017