188:, Western Australia, in 1970 with John Borshoff, Paladin's managing director/CEO, serving as Chief executive from 1986 to 1991. Uranerz, the Australian arm of German-based uranium mining house Uranerzbergbau, explored throughout Australia, New Zealand, and Africa, focusing primarily on uranium. When Uranerz decided to close its Australian operations, John Borshoff acquired its extensive proprietary databases, which subsequently formed the nucleus for the public float of Paladin in 1994.
29:
299:
annum rate. An additional Stage 4 expansion review is currently nearing finalisation with the view to potentially increasing production up to 10Mlb per annum at a later date when the economics justify the additional investment required. Substantial technical work has been completed on this project since its discovery in 1973, mainly by
361:
A uranium mining ban dating back to 1989 had been in place, hindering the group's
Australian activities for more than a decade. This ban was overturned in October 2012, paving the way for firms like Paladin to take advantage of the vast resources available; exploration had not been prohibited and
352:
In 2015, the
Canadian Federal government granted an exemption to the current regulations on foreign ownership of active producing mines in Canada. Paladin was granted the right to have a majority ownership stake in the Michelin uranium mine, located in Newfoundland. Paladin was able to secure the
332:
in Malawi was the
Company's second mine. A Development Agreement with the Government of Malawi was executed in February 2007, which provided fiscal stability for the project for ten years. Kayelekera was officially opened in April 2009 and has operated at designed production rates of 3.3Mlb U3O8.
298:
in
Namibia is Paladin's flagship project. Having reached its initial production of 2.7Mlb U3O8 per annum in 2008, the mine completed its Stage 2 ramp-up to 3.7Mlb per annum in the 2010 financial year. Subsequently, the company has completed a Stage 3 expansion and began producing at a 5.2Mlb per
278:
Paladin has augmented its resource base in
Australia through the acquisition of Valhalla Uranium Pty Ltd, whose primary assets are the 50% joint venture interests in the Valhalla and Skal deposits near Mount Isa in Queensland and 41.71% ownership of the Bigrlyi deposit in the Northern Territory.
348:
In
February 2011, Paladin completed the acquisition of its first Canadian project. Paladin acquired the uranium assets of Canadian company Aurora Energy Resources Inc. (Aurora) which added a significant tenement package in the highly prospective Central Mineral Belt (CMB) in the province of
310:
Paladin's Board approved the development proposal at a capital cost of US$ 92M in 2005; site works began in
September 2005;and, the project construction was completed on time and within budget. The mine was officially opened by the President of the Republic of Namibia in March 2007.
274:
The company's uranium projects include Langer
Heinrich in Namibia and Manyingee in Western Australia. Each of these projects had feasibility studies carried out by previous owners during the 1980s, and Paladin secured them at low cost during the depressed uranium market.
255:
In 2016, Paladin announced the sale of non-core
Australian exploration assets to Uranium Africa. The value of the sale was A$ 2.5 million and included the Oobagoma project in Western Australia and Pamela/Angela project in the Northern Territory.
336:
The uranium development in Malawi has been besieged by issues and international media attention since 2008. A report presented by the United
Nations Human Rights Commission argued that Malawi would lose money and resources over the life of the mine.
349:
Newfoundland and Labrador. Aurora had already established a Mineral Resource base of 40.2Mt at 0.09% U3O8 (83.8Mlb) of Measured and Indicated category material, with an additional 29.0Mt at 0.08% U3O8 (53.0Mlb) of Inferred category resources.
369:
reinstated the ban on all uranium mining activity. South Australia is still undertaking research into the effect of uranium mining in the state. Mining is still banned in New South Wales, Victoria and Tasmania.
282:
Paladin also has an 82.08% controlling interest in Summit Resources Limited, Valhalla's joint venture partner at Mount Isa and the holder of other promising exploration titles in the region.
249:
reported that Paladin may be in talks with Russian owned ARMZ Uranium Holding as well as China National Nuclear Corporation. CNNC is a 25% owner in Paladin's Namibian mine Langer Heinrich.
1347:
977:
1352:
553:
474:
901:
1007:
243:
Founder of Paladin, John Borshoff stepped down as CEO in 2015 as part of a board decision. Alexander Molyneux, took over as interim CEO of the company. In 2016,
721:
259:
In 2017, Paladin filed for insolvency, due to its high debt and consistently low uranium prices. The stock was also delisted from the Toronto Stock Exchange.
1342:
333:
Project life is expected to run for at least an additional 8 years with exploration underway to identify feedstocks to extend the current project life.
1362:
1357:
236:
In 2012, Paladin joined forces with Rio Tinto to block the sales of BHP Billiton's Australian uranium deposit to Canadian mining company,
1000:
580:
1367:
874:
927:
321:(CNNC). The value is expected to be $ 175 million. However, in December 2016, Paladin reported that the sale had been delayed.
314:
In July 2016, it was reported that Paladin was looking to sell a further 24% stake in the Langer Heinrich Mine to an unnamed buyer.
210:
In February 2009, Paladin completed the takeover of Fusion Resources, adding the Duke Batman and Honey Pot deposits to the existing
195:, were selected from a highly competitive field to explore the Angela and Pamela deposits located approximately 25 km south of
605:
848:
421:
1296:
1016:
993:
449:
681:
218:
214:
project area. The capacity of the LHM operation has been successfully expanded to a production rate of 5.2Mlb per annum.
953:
528:
203:. Following successful completion of two drilling programmes, an updated Mineral Resource estimate was completed by the
656:
318:
797:
631:
501:
340:
In 2014, Paladin suspended production at Kayelekera, citing lowered uranium prices at the reason for suspension.
226:
146:
51:
1090:
694:
176:
As of February 2018, Paladin is in the process of restructuring, having filed for insolvency in July 2017.
1145:
426:
1115:
266:
executive Scott Sullivan was appointed to take over the CEO responsibilities from Alexander Molyneux.
746:
1085:
366:
170:
373:
Paladin owns the Valhalla deposit with both measured and indicated uranium resources of 24,425tU.
1210:
1165:
353:
exemption by demonstrating that no suitable Canadian owned company was attracted to the venture.
230:
154:
252:
Paladin posted a loss of $ 22,9 million after tax in the six months to 31 December 2015.
822:
1235:
1220:
978:
https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01989649
317:
In subsequent reports, it was stated that the buyer would be a division of the state-owned
295:
142:
8:
1240:
1225:
1205:
1105:
1100:
1095:
1070:
773:"CorpWatch : Australian Uranium Mining Company Accused of Contaminating Lake Malawi"
479:
849:"Australia's Paladin Energy gets historic ok to run uranium mine in Canada | MINING.com"
1250:
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200:
158:
135:
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1045:
329:
985:
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162:
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558:
245:
303:(the original explorer), a large South African mining house that evolved into
55:
1336:
1316:
1311:
1301:
1281:
928:"Investor confidence shaken after QLD uranium mining ban | Australian Mining"
879:
204:
196:
45:
902:"A country divided: the complexities of Australia's uranium mining industry"
606:"Paladin sells Australian non-core exploration projects | Australian Mining"
1260:
1245:
1185:
1175:
1150:
1170:
1055:
722:"Paladin to sell stakes in Langer Heinrich, Manyingee for up to $ 205m"
365:
However, it was not all of Australia that lifted the ban. In 2015, the
307:. Paladin acquired Langer Heinrich in 2002, and started a BFS in 2004.
28:
211:
191:
In February 2008, Paladin, in conjunction with joint venture partner
747:"Paladin Energy, lenders in talks as uranium mine stake sale stalls"
475:"BHP Billiton tried to stop Chinese deal with Rio Tinto – Wikileaks"
1306:
1160:
1060:
263:
225:
attempted to lobby the Australian government in order to block the
123:
1321:
1265:
1215:
102:
1040:
502:"Paladin and Rio attempt to block BHP deal | Australian Mining"
362:
thus the reserves have been targeted and are ready for mining.
300:
237:
192:
1195:
1030:
185:
81:
823:"Paladin Energy suspends production at Malawi uranium mine"
1065:
304:
222:
397:
Melissa Holzberger - Director - Non-executive (Corporate
1348:
Companies formerly listed on the Toronto Stock Exchange
581:"Paladin Energy reduces loss, confirms CEO appointment"
173:
Exchanges. It also owns deposits in Western Australia.
1353:
Companies listed on the Australian Securities Exchange
382:
Cliff Lawrenson – Chairman – Non-executive (Corporate)
875:"Queensland lifts decades-long ban on uranium mining"
695:"Langer Heinrich Uranium | Africa Outlook Magazine"
391:
Peter Watson – Director – Non-executive (Technical)
141:It currently has one operating mine in Africa; the
632:"Paladin Energy sells non-core exploration assets"
554:"Paladin Energy weighs up Chinese-Russian suitors"
422:"Paladin Energy set to emerge from administration"
394:Joanne Palmer – Director – Non-executive (Finance)
1015:
1334:
356:
388:Peter Main – Director – Non-executive (Finance)
385:Ian Purdy – CEO (Commercial / Mining / Finance)
657:"Paladin Energy crashes, files for insolvency"
1001:
529:"Paladin Energy CEO John Borshoff steps down"
145:(LHM) in Namibia. Paladin was listed on the
1343:Companies based in Perth, Western Australia
1008:
994:
27:
16:Uranium company based in Western Australia
1297:Mount Lyell Mining & Railway Company
184:Uranerz Australia started operations in
526:
376:
1335:
1363:Uranium mining companies of Australia
989:
954:"Queensland lifts uranium mining ban"
403:Anna Sudlow – Chief Financial Officer
1358:Energy companies established in 1993
719:
269:
13:
682:Chief Executive Officer Succession
319:China National Nuclear Corporation
138:based uranium production company.
14:
1379:
527:Cornish, Laura (11 August 2015).
1368:1993 establishments in Australia
285:
971:
946:
920:
894:
867:
841:
815:
790:
765:
739:
713:
687:
675:
649:
400:Jeremy Ryan - Company Secretary
624:
598:
573:
546:
520:
494:
467:
442:
414:
227:Aluminium Corporation of China
1:
1091:Energy Resources of Australia
1017:Mining companies of Australia
407:
357:Australian uranium mining ban
7:
932:www.australianmining.com.au
684:Paladin Energy 12 June 2018
610:www.australianmining.com.au
506:www.australianmining.com.au
427:Australian Financial Review
10:
1384:
1116:International Ferro Metals
290:
179:
1274:
1023:
720:Reporter, Creamer Media.
343:
324:
229:(Chinalco) investment in
119:
108:
98:
88:
77:
69:
61:
43:
35:
26:
1086:Copper Mines of Tasmania
367:Government of Queensland
219:diplomatic cables leaked
207:partners in July 2011.
155:Namibian Stock Exchanges
124:www.paladinenergy.com.au
1166:Northern Star Resources
699:Africa Outlook Magazine
958:world-nuclear-news.org
585:world-nuclear-news.org
262:In June 2018, former
1236:Tiwest Joint Venture
883:, South Africa, 2012
661:southernafrican.news
533:Mining Review Africa
377:Corporate governance
296:Langer Heinrich Mine
143:Langer Heinrich Mine
1241:Walkabout Resources
1226:Stonewall Resources
1206:Rio Tinto Aluminium
1106:Hancock Prospecting
1071:Bougainville Copper
480:The Daily Telegraph
84:, Western Australia
23:
1251:Westgold Resources
1121:Leigh Creek Energy
753:. 30 November 2016
612:. 14 December 2016
508:. 23 November 2012
201:Northern Territory
136:Western Australian
132:Paladin Energy Ltd
21:
1330:
1329:
1141:Mineral Resources
1126:Macmahon Holdings
1081:Compass Resources
1076:Coal & Allied
1051:Aquarius Platinum
1036:Allegiance Mining
906:Mining Technology
829:. 7 February 2014
430:. 1 February 2018
157:, as well as the
129:
128:
1375:
1287:Laguna Resources
1191:Pilbara Minerals
1136:Minara Resources
1010:
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987:
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663:. 21 August 2017
653:
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636:Miningreview.com
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270:Uranium projects
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20:
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1378:
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1374:
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1372:
1333:
1332:
1331:
1326:
1270:
1256:Whitehaven Coal
1201:Regis Resources
1131:Magellan Metals
1111:Iluka Resources
1019:
1014:
984:
983:
976:
972:
962:
960:
952:
951:
947:
937:
935:
934:. 18 March 2015
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908:. 5 August 2015
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450:"Modern Mining"
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419:
415:
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379:
359:
346:
330:Kayelekera mine
327:
293:
288:
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182:
113:US$ 2.9 billion
112:
91:
48:
17:
12:
11:
5:
1381:
1371:
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1355:
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1345:
1328:
1327:
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1319:
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1304:
1299:
1294:
1292:Macarthur Coal
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1181:Paladin Energy
1178:
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1156:New Hope Group
1153:
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855:. 23 June 2015
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559:The Australian
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246:The Australian
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94:Ian Purdy, CEO
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65:Energy, mining
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39:Public company
37:
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22:Paladin Energy
15:
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1317:WMC Resources
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1312:Peko-Wallsend
1310:
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1305:
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1302:North Limited
1300:
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1282:EZ Industries
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880:Mining Weekly
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777:corpwatch.org
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727:
726:Mining Weekly
723:
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701:. 26 May 2015
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286:African focus
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217:According to
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25:
19:
1261:Wyloo Metals
1246:Waratah Coal
1186:Pilbara Iron
1180:
973:
961:. Retrieved
957:
948:
936:. Retrieved
931:
922:
910:. Retrieved
905:
896:
885:, retrieved
878:
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857:. Retrieved
852:
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831:. Retrieved
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805:. Retrieved
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703:. Retrieved
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223:BHP Billiton
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78:Headquarters
36:Company type
18:
1176:Oz Minerals
963:23 November
938:23 November
912:23 November
859:23 November
833:23 November
807:23 November
782:23 November
757:25 December
731:23 November
705:25 December
641:25 December
616:25 December
590:23 November
565:23 November
512:23 November
486:25 December
459:25 December
454:crown.co.za
1337:Categories
1221:St Barbara
1171:OceanaGold
1146:Mineralogy
1056:Atlas Iron
887:22 October
853:MINING.com
827:MINING.com
667:9 February
434:9 February
408:References
147:Australian
90:Key people
1211:Rio Tinto
1096:Fortescue
802:ohchr.org
538:24 August
231:Rio Tinto
221:in 2010,
212:Mount Isa
171:Frankfurt
167:Stuttgart
46:Traded as
1307:Pasminco
1161:Newcrest
1061:AustSino
264:Newcrest
99:Products
62:Industry
1322:Zinifex
1275:Defunct
1266:Yancoal
1216:South32
1046:Alumina
798:"OHCHR"
751:Reuters
291:Namibia
199:in the
180:History
120:Website
109:Revenue
103:Uranium
70:Founded
54::
1231:Thiess
1041:Allkem
1024:Active
344:Canada
325:Malawi
301:Gencor
238:Cameco
193:Cameco
163:Berlin
159:Munich
115:(2020)
1196:QCoal
1031:Adbri
186:Perth
134:is a
82:Perth
965:2016
940:2016
914:2016
889:2012
861:2016
835:2016
809:2016
784:2016
759:2016
733:2016
707:2016
669:2018
643:2016
618:2016
592:2016
567:2016
540:2022
514:2016
488:2016
461:2016
436:2018
169:and
153:and
73:1993
1151:MMG
1101:GRD
1066:BHP
305:BHP
151:OTC
56:PDN
52:ASX
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