Paladin Energy 'positioned well for a turnaround in Uranium prices' says CEO

By govind friedland / January 19, 2017 / www.youtube.com / Article Link


Paladin Energy's the world's eighth largest uranium producer with two mines in Africa and projects in Australia and Canada. They're listed on both the ASX and the TSX. Chief executive Alex Molyneux spoke to Proactive: ''We've had to focus on having our operating business be sustainable in these low uranium prices, so we've focused very, very heavily on cost saving and we've managed to bring those C1 cash cost levels down to about $16/pound at Langer Heinrich and that's really the core of our current business strategy''.

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