Paladin on track at Langer Heinrich
PERTH (miningweekly.com) – ASX-listed Paladin Energy is on track for first uranium production from its re-started Langer Heinrich mine, in Namibia, by the first quarter of next year.
The company said in a presentation on Wednesday that the A$118-million restart was over 50% complete, with the project tracking on budget.
The project’s life-of-mine production is estimated at 77.4-million pounds over a 17-year mine life, at an estimated C1 cost of $27.40/lb. Paladin said on Wednesday that the company was targeting a 6-million-pound-a-year production rate over the first seven years of operation during the openpit mining phase, while production was targeted at 3.3-million pounds for the remainder of the project life during the stockpile phase.
The project will employ some 300 staff.
First run-of-mine feed contracts are expected shortly and the contract mining tender is scheduled to be awarded by the end of the 2024 financial year.
Paladin told shareholders that the company would assess the Scope 1 and Scope 2 emissions profile at Langer Heinrich once the project was back in production, and would then determine a net zero commitment timeframe.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation