Paladin reports New Langer Heinrich & Kayelekerae expansion
Thu, Oct 29, 2009
Paladin Energy reports its uranium production expansion plans for both the Langer Heinrich and Kayelekera Mines beyond the current annual production target of 8.5Mlb U3O8 by mid 2012.
A major component of Paladin’s stated strategy is focused organic growth through long term commitment and planning. Paladin has a rigorous expansion programme planned which, when complete, is expected to place the Company firmly amongst the Tier 1 uranium producers. This development programme, as outlined below, is expected to result in Paladin having an annual production of approximately 13.8Mlb U3O8 by mid 2014 from its African projects alone and will demonstrate a progressive increase in production beyond the Stage 3 expansion at Langer Heinrich (see Paladin news release of 30 June 2009).
For full details of this press release, click this link.
Uranium Investing News researchers discovered Paladin’s project described on their website.
Follow developments in uranium mining and exploration for free.
Sign on to the Uranium Investing Newsletter.
Tags: paladin, Paladin Energy, u3o8, uranium activities, uranium mining, uranium per pound, uranium producers, uranium production, uranium sector
Leave a Reply