Paladin Energy Ord Shs PALAF

Energy

Paladin Energy Ltd is an Australia-based independent uranium producer with a 75% ownership of the world-class long life Langer Heinrich Mine (LHM) located in Namibia. The Company also owns a portfolio of uranium exploration and development assets in Canada and Australia. Its segments include Exploration, Namibia and Australia. The LHM is located in central western Namibia approximately 80 kilometers (km) east of Swakopmund and 85 km northeast of the Walvis Bay major deepwater harbor. Its exploration projects include Michelin, Manyingee and Mount Isa. The Company, through its subsidiary Aurora Energy Ltd, holds a 100% interest in over 98,320 hectares of mineral exploration licenses. These are located within the Central Mineral Belt of Labrador, Canada. It has a 100% interest in the Manyingee Project. This project is a sandstone hosted uranium project consisting of 41 Mlb across two deposits. It wholly-owns a project comprised of three promising uranium exploration sites in Queensland.

OTCQX:PALAF - Post by User

Paladin Energy Ord Shs

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Post by netgenxon May 18, 2007 11:10am

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Post# 12804628

good for PDN &EMC

Another production shortfall; "Denison Mines Corp. ("Denison" or the "Company") (TSX: DML)(AMEX: DNN) announced today that AREVA Resources Canada Inc. ("AREVA"), the operator of the McClean Lake Joint Venture has provided an updated estimate of 2007 production of 1.8 million pounds of U3O8, a reduction from the previously reported level of 2.2 million to 3 million pounds. The reduction in estimated 2007 production is a result of delays in obtaining regulatory approval and implementing planned mill modifications to increase leaching capacity, later than expected completion of revisions to the tailings distribution system and the suspension of further jet boring drilling at the McClean North deposit."

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