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PALAF Paladin Energy Ltd (QX)

8.81
0.00 (0.00%)
24 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Paladin Energy Ltd (QX) USOTC:PALAF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 8.81 8.05 10.80 0.00 12:16:08

Newmont Takes 6.7% Stake In Paladin Energy From Fronteer Gold

13/04/2011 7:05am

Dow Jones News


Paladin Energy (QX) (USOTC:PALAF)
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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

 
 

1 Year Paladin Energy (QX) Chart

1 Year Paladin Energy (QX) Chart

1 Month Paladin Energy (QX) Chart

1 Month Paladin Energy (QX) Chart