Paladin posts $120M loss

IT HAS been a tough three months for Paladin Energy, with the uranium miner today delivering a net loss after tax of $US123.4 million ($A120 million) for the September quarter but remaining confident of uranium demand growth in the post-Fukushima landscape.

Paladin posts $120M loss Paladin posts $120M loss Paladin posts $120M loss Paladin posts $120M loss Paladin posts $120M loss

The net loss after tax included an impairment charge of $133 million from a reduction in the carrying value of its Kayelekera mine in northern Malawi from $470 million to $337 million on the back of

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