Paladin produces record output from African uranium mines
Uranium miner Paladin Energy has reported record combined production from its Langer Heinrich and Kayelekera mines during the three months to December.
The ASX- and TSX-listed miner reported last week that quarterly production had reached 2.208-million pounds of uranium oxide (U3O8). This was compared with the 2.04-million pounds produced in the three months to September.
At the Langer Heinrich operation, in Namibia, Paladin produced a record 1.43-million pounds of U3O8, up from the 1.42-million pounds produced in the previous quarter. The increased production resulted from the continued optimisation strategy at Langer Heinrich, which Paladin said would continue to deliver further benefits.
At Kayelekera, in Malawi, Paladin produced 777 015 lb of U3O8, up 26% on the 614 603 lb produced in the three months to September. Similar to the Langer Heinrich operation, Kayelekera was benefiting from the continuous improvement strategy currently being implemented at the mine, Paladin said.
Meanwhile, the miner reported that revenue of $101.7-million was garnered during the quarter from the sale of more than 2.7-million pounds of U3O8.
Sales for the quarter ending March are expected to be around 1.8-million pounds.
For the full 2014 financial year, Paladin is expecting to produce between 8.3-million and 8.7-million pounds of U3O8.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Showroom
Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...
VISIT SHOWROOM
For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
