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PDN Paladin Energy Ltd

15.955
0.055 (0.35%)
Last Updated: 01:07:13
Delayed by 20 minutes
Share Name Share Symbol Market Type
Paladin Energy Ltd ASX:PDN Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.055 0.35% 15.955 15.94 15.97 15.99 15.90 15.90 48,795 01:07:13

Newmont Takes 6.7% Stake In Paladin Energy From Fronteer Gold

13/04/2011 7:05am

Dow Jones News


Paladin Energy (ASX:PDN)
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The world's largest gold producer Newmont Mining Corp. (NEM) has taken a 6.7% stake in uranium miner Paladin Energy Ltd. (PDN.AU), according to a regulatory statement filed Wednesday.

Newmont and its associates took the stake on April 6, according to a filing from Paladin.

The stake build has been expected for several months after Newmont in February took over Canada's Fronteer Gold Inc. (FRG), which already held the Paladin stake.

Newmont doesn't have significant investments in uranium.

-By David Fickling, Dow Jones Newswires; +61 2 8272 4689; david.fickling@dowjones.com

 
 

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1 Year Paladin Energy Chart

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