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Paladin Energy Ltd. (PALAF)

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  • Mon, Jun. 22, 12:59 PM
  • Oct. 2, 2013, 5:28 PM
  • Aug. 5, 2013, 9:02 AM
  • Mar. 18, 2013, 12:02 PM
    Large uranium miners team up with the Australian government and two Canadian provinces to press Canada to change Cold War era policy restricting foreign ownership to just 49% of uranium mines. "It's such an absurd situation," says Paladin Energy MD John Borshoff ... "an anachronism." URA -36% Y/Y.
    | 1 Comment
  • Dec. 12, 2012, 5:41 PM
    The uranium business is still stuck in a rut more than 21 months after Fukushima, and there's little sign of a turnaround in 2013 as Japan's plans remain up in the air. Optimists point to long-term demand - 62 reactors under construction worldwide - and weak pricing and cost pressures that have ground many projects to a halt. Spot prices may have found a floor near $40/lb., but ~$60 is seen as breakeven.
    | 2 Comments
  • Nov. 7, 2012, 3:31 PM
    Continuing to be stung by the low price of uranium, Paladin Energy (PALAF.PK -3.2%) freezes development, hoping to save $60M-$80M in fiscal years 2013 and 2014. "Today the price is not justifying any development (though) everybody realizes that, even with development, there's a supply crisis moving forward," says CEO John Borshoff. Uranium producer ETF: URA -18.2% YTD.
    | 1 Comment
  • May 23, 2012, 9:19 AM
    Uranium giant Cameco's (CCJ) planned effort to raise as much as $1B through a combination of securities may signal an upcoming acquisition, BMO Capital suggests, citing falling uranium equity valuations in recent weeks and CCJ's ample funding capability. Potential targets: Paladin Energy (PALAF.PK), Denison Mines (DNN), UEX Corp. (UEXCF.PK)
    | 2 Comments
  • Mar. 13, 2009, 2:40 PM
    There's a uranium supply crunch looming, Cameco (CCJ) CEO Jerry Grandey says, as cash-strapped producers cut back on supply, "sowing the seeds of the next spike in the uranium price." CCJ and peers Paladin PALAF.PK and Uranium One (SXRZF.PK) may be worth a look.
    | 1 Comment
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Company Description
Paladin Energy Ltd. is a uranium production company with projects currently in Australia and two operating mines in Africa with a strategy to become a major uranium mining house.
Sector: Utilities
Industry: Water Utilities
Country: Australia