Uranium miner Paladin calling for more money to be invested
More uranium investment needed, says Paladin CEO, Mining Weekly, 31st August 2011 PERTH − Uranium miner Paladin Energy CEO John Borshoff said that more investment was needed the uranium sector, as supply and demand dynamics would become more strained.
“Discoveries of new deposits have to be made, exploration and high-risk capital needs to be sunk into these programmes, because these programmes determine the long-term future of the mining industry,” Borshoff told delegates at the Africa Downunder conference in Perth on Wednesday…..
“Uranium is still suffering from the impact of the Japanese earthquake and tsunami, and the parallel damage to the Fukushima nuclear reactors. The supply sector and the nuclear industry have suffered a bruising effect from this event…
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