Paladin Energy Receives Clearance for Fission Uranium Acquisition
Paladin Energy shares (ASX:PDN) ended the day 1.3% up, as the firm received crucial clearance from Canadian authorities to move forward with its acquisition of Fission Uranium Corp. (TSX:FCU, OTCQX:FCUUF). This approval marks a significant milestone in the merger process, following a thorough national security review by Canada’s Minister of Innovation, Science, and Industry under…
Paladin Energy Shares (ASX: PDN) Dip Post Update
Paladin Energy shares (ASX: PDN) have fallen by 11% over the past 5 trading sessions, as the release of its quarterly update failed to get markets going. The shares closed at $12.05, marking a decrease a little over 3%. During the quarter, the company celebrated a significant milestone with the Langer Heinrich uranium mine in…
Paladin Energy (ASX: PDN)
Company Information Paladin Energy Limited (ASX: PDN) Paladin Energy Ltd is an independent uranium production company headquartered in Australia. The company is predominantly known for its 75% stake in the Langer Heinrich Mine (LHM) in Namibia, a significant and long-term mining operation. Apart from the Namibian venture, Paladin Energy has a collection of…
18 Share Tips – 22nd April 2024
Tony Paterno, Ord Minnett BUY RECOMMENDATIONS BUY – Generation Development Group (GDG) We retain a bright outlook given GDG is a market leader in Australia for gross inflows into investment bonds. We view the flow outlook positively, with superannuation reform and an ageing population providing a significant tailwind for investment bond demand in…
18 Share Tips – 25th March 2024
Niv Dagan, Peak Asset Management BUY RECOMMENDATIONS BUY – Venture Minerals (VMS) The company recently announced the second stage of its resource definition drilling program had started at the Jupiter Rare Earths prospect in the mid-west region of Western Australia. This 300-drill hole program will provide the necessary data for a maiden resource…
Paladin Energy’s (ASX: PDN) Langer Heinrich Mine Returning to Production
The Langer Heinrich mine is expected to produce 77 million pounds of uranium over its operating life once it begins production again in 2024. Paladin Energy has two other exploration assets in Australia and one in Canada. The results of the latest international conference on Climate Change called for a tripling of global nuclear energy…
Paladin Energy (ASX: PDN) Banking on Growth of Nuclear Energy
Nuclear Energy is back on the hunt for solutions to increasing carbon emissions. A 2020 report by The International Atomic Energy Agency (IAEA) suggested Nuclear Energy capacity could double by 2050. After the Japanese Fukushima nuclear disaster in 2011, there was a declining interest in nuclear energy. In the midst of this disaster, Australian uranium…
