Antinuclear

Australian uranium company pulls out of Niger

Niger kidnappings puts Paladin Energy off NGM bid, Fri Sep 24, 2010 SYDNEY, Sept 24 (Reuters) – Australia-based uranium miner Paladin Energy is to drop its A$27 million ($26 million) bid for NGM Resources (NGM.AX: Quote), it said on Friday, citing worries that kidnappings in west Africa would hamper NGM’s exploration work in the region. Niger kidnappings puts Paladin Energy off NGM bid | Metals & Mining | Reuters

September 25, 2010 - Posted by Christina Macpherson | politics international, uranium | antinuclear, Australia, nuclear costs, uranium