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
A 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
_72x48.jpg "Langer Heinrich sign (Paladin) 72x48")
The 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