Langer Heinrich Mine Production Increase
The Langer Heinrich Mine recorded a 33% increase in quarter-on-quarter production, producing just over 993,000 pounds of U308. This is the highest quarterly output since the mine's restart.
Record Crusher Circuit Throughput
The mine achieved the highest quarterly crusher circuit throughput in the history of Langer Heinrich Mine operations with 1.17 million tonnes processed.
Financial Environmental Impact Statement Accepted
The financial environmental impact statement for the Patterson Lake project in Canada was formally accepted by the Saskatchewan Ministry of Environment.
Leadership Transition
Paul Hemburrow was appointed as the next CEO and Managing Director of Paladin Energy, effective from September 1st.
Strong Financial Position
Paladin's cash and cash equivalents stand at $89 million with an undrawn $50 million revolving debt facility.
Safety and Community Investments
Recorded an average total recordable injury frequency rate of 2.7 million hours, exceeding the FY '25 safety target. Continued investment in local communities, including a breast cancer clinic and cricket hub.