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Namibia mine sale delayed – Paladin Energy

By:  
Creamer Media Senior Deputy Editor: Australasia
 
CORPORATE ACTIVITY
Uranium miner Paladin Energy has warned shareholders of a delay in the completion of the sale of a 24% interest in the Langer Heinrich mine, in Namibia, to a Chinese company. The dual-listed firm is selling a 24% interest in Langer Heinrich to CNNC Overseas Uranium Holdings and up to 75% of its Manyingee project, in Australia, to MGT Resources for a combined $205-million.
 
 
 
 
 

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