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Paladin gives green light

FOLLOWING the completion of a bankable feasibility study at its Langer Heinrich deposit in Namibia, uranium explorer Paladin Resources says it will now proceed with developing the $92 million project over a 15-year mine life to produce 2.6 million pounds of uranium oxide concentrates per annum.

Jesse Riseborough
Paladin gives green light

News of the positive study sent the stock to 1c shy of its 52-week high yesterday at $1.21 before closing at $1.17. The company’s share price has ridden the wave of the Langer Heinrich development, sitting...

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