Paladin mine protests

Paladin Energy continues to be plagued by an unhappy workforce at its uranium mines in Africa, with more protests in recent days. Namibian media reported close to 300 workers and contractors picketed Paladin's Langer Heinrich mine over pay and conditions. A Paladin spokesman said the protest was not a strike, and had no impact on operations.

By InvestSMART · 5 Jul 2013

By InvestSMART ·
5 Jul 2013

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Frequently Asked Questions about this Article…

What happened at Paladin Energy's uranium mines in Africa?

The article reports ongoing unrest at Paladin Energy's uranium mines in Africa, with more protests in recent days related to an unhappy workforce.

Which Paladin mine was specifically affected by the protest?

Namibian media reported that close to 300 workers and contractors picketed Paladin's Langer Heinrich mine in Namibia over pay and working conditions.

Why were workers protesting at the Langer Heinrich uranium mine?

Workers and contractors protested at the Langer Heinrich mine over pay and conditions, according to the Namibian media report cited in the article.

How many workers joined the protest at Paladin's Langer Heinrich mine?

The article cites Namibian media saying close to 300 workers and contractors took part in the picket at the Langer Heinrich mine.

Did Paladin Energy call the event a strike?

No. A Paladin spokesman said the protest was not a strike and emphasized it had no impact on operations.

Was there any impact on mine operations from the protests?

According to a Paladin spokesman quoted in the article, the protest did not have any impact on mine operations.

Where was the information about the Paladin protests reported?

The article references reports from Namibian media about the picket at the Langer Heinrich mine and includes a response from a Paladin spokesman.

What should everyday investors take away from the Paladin Energy protests?

The article highlights workforce unrest at Paladin's African uranium mines and a company statement saying recent protests did not affect operations; everyday investors may want to watch for further updates from Paladin and local media.