Paladin Energy

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Paladin Energy Ltd.
Type Public (ASX:PDN)
Founded 1993
Headquarters Flag of Australia Perth, Australia
Key people John Borshoff, Managing Director
Industry Energy
Products Uranium Exploration and Mining
Website www.paladinenergy.com.au

Paladin Energy Ltd., formerly Paladin Resources Limited (ASX:PDN, TSXPDN), is Australia’s second biggest sole uranium mining company behind Energy Resources, which is majority owned by mining giant Rio Tinto. It is headquartered in Perth, Australia. One of Western Australia’s richest men, John Borshoff, is the Managing Director and one of the company's biggest shareholders.

The main focus of Paladin is the identification and development of uranium deposits in Australia and overseas. Paladin has control of two of the most advanced uranium Deposits in Africa. Its Langer Heinrich mine started producing yellowcake in late 2006 and it is currently constructing its Kayelekera mine in Malawi.

[edit] History

Paladin's history can be traced back to 1970 when Uranerz (Germany) set up operations. The company was interested in uranium, gold, base metals copper, platinum, and diamonds. Uranerz eventually lost interest in its Australian operations and they packed up and left and sold their offices and other holdings to John Borshoff, who turned the company into Paladin in 1993 and he listed the company on the Australian Stock Exchange.

[edit] Corporate Governance

Rick Crabb – Chairman - Non-Executive (Legal/Corporate)
John Borshoff – Managing Director (Technical/Commercial)
Sean Llewelyn – Director - Non-Executive (Commercial/Financial)
Donald Shumka – Director - Non-Executive (Financial)
Ian Noble - Director - Non-Executive (Technical) Gillian Swaby – Company Secretary (Corporate)
Ron Chamberlain – Chief Financial Officer (Finance)