Paladin suspends Malawian operation

By on February 24, 2014 in Mining, Uranium with 0 Comments

Paladin Energy is suspending production at its Kayelekera uranium mine in Malawi, calling the operation a substantial drain on its cash resources during the last three years.The company told investors that the suspension will involve placing the operation on care and maintenance until the price of uranium recovers.The move is expected to preserve the remaining […]

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