Paladin posts first-quarter loss
- {{x.value}}
{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}
{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}
{{ content.upgradeHeading.replace('{0}', user.FirstName) }}
The email address you entered is registered with InvestSMART
Please login to continue
We have sent you an email with the details of your registration.
Looks you are already a member. Please enter your password to proceed
{{ upgradeCTAText }}
Updating information
Please wait ...
Your membership to InvestSMART Group recently failed to renew.
Please make sure your payment details are up to date to continue your membership.
Having trouble renewing?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
You've recently updated your payment details.
It may take a few minutes to update your subscription details, during this time you will not be able to view locked content.
If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.
Still having trouble viewing content?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial
Please click on the ACTIVATE button to finalise your membership
Unsuccessful registration
Registration for this event is available only to Eureka Report members. View our membership page for more information.
Registration for this event is available only to Intelligent Investor members. View our membership page for more information.
- You are already registered for this event.
- This event is already full.
- Please select a quantity for at least one ticket.
- {{ i }}
Forgotten password
Please enter your email address below to request a new password
- Verify your email address by clicking on the link we sent to {{user.Email}}
- You now have free access, we look forward to helping you on your financial journey.
Uranium miner Paladin Energy Ltd made a $US40 million loss in the three months to September as uranium prices remain low.
Despite the loss, shares in the company were up one cent at 41 cents at 1218 AEDT.
The Africa-focused producer made a $US173 million loss in the three months to June.
Paladin said its flagship Langer Heinrich mine in Namibia produced a record 1.429 million pounds in the September quarter, which was an 11% improvement on the same period 12 months earlier.
The Perth based company said production guidance for the 2013/14 financial year remains unchanged at between 8.3 million and 8.7 million pounds.
"Now that production has reached design levels, sales and production volumes are expected to be comparable on an annualised basis," Paladin said.
Its average realised uranium sales price for the September quarter was US$41.38 per pound, as the spot price trades around eight year lows.
Paladin is looking to sell a stake in the Langer Heinrich mine.
It is also cutting jobs and costs in response to falls in the price of uranium.
Call 1300 880 160
Start a chat
Schedule a call
