Paladin Energy Ltd is a Western Australian based uranium production company.
It currently has two operating mines in Africa, the Langer Heinrich mine (LHM), in Namibia, and the Kayelekera mine (KM), in Malawi. Paladin is listed on the Australian Securities Exchange (ASX), Toronto Stock Exchange (TSX) and Namibian Stock Exchange (NSX) under the symbol PDN. The Company also trades on the Munich, Berlin, Stuttgart, and Frankfurt Exchanges under the symbol PUR. It also owns deposits in Western Australia.
Uranerz Australia started operations in Perth, Western Australia, in 1970 with Mr.John Borshoff, Paladin’s Managing Director/CEO, serving as Chief Executive from 1986 to 1991. Uranerz, the Australian arm of German-based uranium mining house Uranerzbergbau, explored throughout Australia, New Zealand, and Africa, focusing primarily on uranium. When Uranerz decided to close its Australian operations, John Borshoff acquired its extensive proprietary databases, which subsequently formed the nucleus for the public float of Paladin in 1994.