Uranium prices force Paladin into Namibia mine shutdown | The West Australian: "Paladin Energy’s Langer Heinrich mine in Namibia.
Refloated uranium miner Paladin Energy has flagged the closure of its Langer Heinrich mine in Namibia in response to “stubbornly low” uranium prices.
The company said yesterday it had taken steps towards a decision to place the mine on care and maintenance, which could see the asset closed in three to four months.
No mining activity is taking place at Langer Heinrich with the processing plant operating on medium-grade ore stockpiles."
'via Blog this'
Refloated uranium miner Paladin Energy has flagged the closure of its Langer Heinrich mine in Namibia in response to “stubbornly low” uranium prices.
The company said yesterday it had taken steps towards a decision to place the mine on care and maintenance, which could see the asset closed in three to four months.
No mining activity is taking place at Langer Heinrich with the processing plant operating on medium-grade ore stockpiles."
'via Blog this'
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