PERTH, WESTERN AUSTRALIA--(Marketwired - December 16, 2015) - Paladin Energy Limited (Paladin) (
Kayelekera Mine was placed into care and maintenance in May 2014 due to low global uranium prices. A restart of Kayelekera Mine under favourable uranium market conditions would have the potential to quickly expand Paladin's overall production by in excess of 40%.
Yours faithfully
Paladin Energy Ltd
ALEXANDER MOLYNEUX
Interim CEO
PALADIN ENERGY LTD
ACN 061 681 098
Contact Information:
For additional information, please contact:
Andrew Mirco
Investor Relations Contact (Perth)
Tel: +61-8-9423-8162 or Mobile: +61-409-087-171
Email: andrew.mirco@paladinenergy.com.au