Antinuclear

Things just got even worse for Australian uranium miner Paladin

Uranium miner Paladin falls as Newmont sells 5.4% stake Mining.com,Cecilia Jamasmie | March 12, 2014 Shares in Paladin Energy Limited (ASX, TSX:PDN) fell over 5% in Australia after news broke one of the world’s largest gold producers Newmont Mining Corporation (NYSE:NEM) is selling its 5.4% stake in the uranium miner……At the time of acquisition the stake was valued at about $278 million, but Paladin’s share price was struck shortly after by the Fukushima nuclear disaster and has had a rocky time since then.http://www.mining.com/uranium-miner-paladin-falls-as-newmont-sells-5-4-stake-14330/

March 13, 2014 - Posted by Christina Macpherson | AUSTRALIA - NATIONAL, business, uranium