Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, April 10, 2012

i-Nuclear Update: Uranium producer Paladin signals step change as proposals for JV interest exceed expectations

i-NUCLEAR

Uranium producer Paladin signals step change as proposals for JV interest exceed expectations

by I-Nuclear
Australia-based uranium miner Paladin Energy, which had been seeking minority participation in its undeveloped uranium mines, signaled to the market April 10 that it has received proposals that represent a “broader and deeper” interest in Paladin than mere minority participation.
“The participation proposals received are diverse, reflecting a broader and deeper interest to become part of Paladin’s future production platform with opportunity for increased financial strength and flexibility,” the company said in an April 10 statement to the Australian Stock Exchange.

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