it begun producing and drumming uranium concentrate at its Langer Heinrich mine in Namibia, adding it would now focus on ramping up operations and building a finished product inventory.
As part of the transition to production, the company’s chief operating officer, Paul Hemburrow, will take on responsibility for all activities at its 75%-owned mine, Paladin said. Achieving first production at the LHM is an important milestone for Paladin, chief executive officer, Ian Purdy, said in the statement.
This capacity was later expanded to 3.7 million pounds in 2009 and 5.2 million pounds in 2012. However, due to a sharp decline in uranium prices in the following years the company axed production in November 2016. Langer Heinrich was placed under full care and maintenance in May 2018.
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