Paladin faces Karonga resistance to reopen Malawi uranium mine

Uranium miner Paladin Energy Ltd  is facing resistance from residents of northern bordr district of Karonga on plans to reopen its Kayelekera mine, in Malawi,  following the conditions that thecompnay presented to the community this week. In his presentation Greg Walker Acting General Manager for Operations on Tuesday at the Karonga  district chamber during said  Paladin will restart […]

Paladin leaks radio-active material in Karonga

Uranium miner Paladin Energy has reported a uranium oxide (U3O8) spillage near its Kayelekera mine, in Malawi’s northern border district Karonga. The company said a truck carrying a container of uranium oxide from its Kayelekera mine in Malawi overturned while negotiating a curve in the road. The container fell loose and was punctured by a […]

Malawi govt empathize with Paladin on Kayerekera shut down

Government Spokesperson, Brown Mpinganjira says Paladin Africa Limited which was given a license to mine Uranium at Kayerekera in Karonga was not in the wrong to halt production at the plant. Mpinganjira made the remarks Saturday in Blantyre following an announcement from Paladin Africa to temporarily close the mine, a move likely to negatively affect […]

Paladin job cuts in Malawi: Production suspended, Kayelekera mine to be shut down

Paladin Africa Limited employees working at Kayelekera Uranium Mine in the northern Malawi are to be laid off and the mine is heading for shut down. The mine which will remain with a few skeleton staff  has started the retrenchment only but more job losses may be in the pipeline  as it prepares for closure, […]

Paladin’s Kayelekera Mine’s sacked Malawian employee dies

A former employee for Paladin (Africa) Limited working at Kayelekera Uranium Mine in Karonga district, who was sacked while on sickbed at Mwaiwathu Private Hospital after getting injured while on duty, has died. A family member confirmed Francis Mkonda died last week Wednesday, September 11, at Mzuzu Central Hospital after failing to win the battle […]

Paladin announces monstrous losses whilst Malawian workers continue cost cuts

Paladin Energy, the Australia-based parent company of Kayelekera Mine, announced plans further to boost production at its mines and push ahead with the sale of its Namibian mine whilst more than doubling its full year loss in the reporting year to US Dollars 420.9 million.  The loss in the previous year was US Dollars 172.8 million.  […]

Malawi loses K970bn from tax incentives in five years-ActionAid

Malawi  has lost almost K970 billion in five years through  tax incentives given to foreign investors  such as   in a bid to attract investment into the country,  this is according to a report by ActionAid seen by Nyasa Times. The ActionAid report released in June indicates that from 2008 to 2012, in Malawi alone more […]

Paladin trading woes: Malawi gov’t in the dark

Malawi government officials were in the dark that uranium miner Paladin Energy is selling shares to raise about $78 million)to bolster funding which Paladin Africa  mining in Malawi at Kayelekera in Karonga has kept a tight lid on the issues. Nyasa Times understands that government of Malawi is a shareholder in Paladin Africa and apparently […]

Paladin in trading halt: Malawi mine temporary closes

Uranium miner Paladin Energy Ltd has halted trading in its shares as it prepared to announce an update on its strategic initiatives to reduce its debt. In a statement to the Australian Securities Exchange, Paladin requested the halt until August 5 at the latest. The reports indicate that the company plans to undertake capital raising […]

Paladin’s Malawi mine temporally shut down

Paladin Africa, an Australian Company which runs the Kayelekera Uranium Mine in Malawi’s northern district of Karonga has temporally shut down  the mine due to lack of  chemicals which is used to mix with solid parts of  uranium to make it gas substance, Nyasa Times understands. A company official told Nyasa Times that suppliers of acid […]

Malawi gov’t and Paladin: Act on Kayelekera uranium raw deal now!

Since last week’s stinging observation by United Nations (UN) Special Raportuer on the Right to Food Olivier De Schutter regarding Malawi’s Kayelekera Uranium Mine deal, two elusive culprits remain pretty much intact in their hard shells. It is as if the country’s most guarded contract between government and Australian company, Paladin Africa Ltd has not […]

UN rubbishes Malawi’s Paladin uranium deal, fertilizer subsidy

United Nations Special Raportuer on the Right to Food Olivier De Schutter who was in Malawi for an assessment of the food situation in the country has rubbished Kayerekera uranium mine deal between Malawi and Australian Paladin Mining Company saying the Southern African country has had a raw deal that is robbing the poor. The […]

Paladin’s Kayelekera mine in record annual production: Revenue hits US$408.4m

The controversial Kayelekera Uranium Mine Project in northern Malawi has delivered a 20 percent increase in its annual production, which is four percent above the March quarter with 789 430 pounds (358 tonnes) produced during the June quarter. However, this is despite claims by the owners (Paladin Africa, a subsidiary of Australia’s Paladin Energy) that the […]

Paladin fires Malawian employee, chase him out of Mwaiwathu hospital

Paladin (Africa) Limited has chased one of its ex-employees, whom it fired while on sickbed, out of Mwaiwathu Private Hospital as it revealed could no longer pay his hospital bills, Nyasa Times understands. Francis Mkonda, who was admitted to Mwaiwathu earlier this year after collapsed while working at Paladin’s Kayerekera mine, has been shifted to […]

Malawi Immigration officials raid Paladin’s Kayerekera mine

Malawi Immigration Department officials on Tuesday morning raided Paladin’a Kakerekera uranium mine in the northern border district of Karonga to check on foreignors if they had the right to work following media reports of illegal lags. An immigration official said they raided the mine following revelations that  foreigners  are working at the company  without proper […]

Paladin woes: Malawi gov’t reject licence extension, illegal lags at Kayerekera mine

Uranium miner, Paladin is sailing in troubled waters following Malawi government rejection of its application made by for an Exclusive Prospective Licence extension and the company has of late been dominating headlines for wrong reasons. Paladin applied to Malawi government for an extension of EPL 0168, EPL 0169 and EPL 0170 beyond seven years but […]

Paladin says 5 arrested ‘threatened to sabotage’ Malawi uranium mine

Uranium miner, Paladin Resource Limited says the five of its employees at Kayelekera Uranium Mine in Karonga who are being held by Police had   threatened to damage the mine. Nyasa Times earlier reported that the five, arrested last week Friday, were also  suspected of being linked to the theft of explosives worth US$5780.76 (about K2, 150, 600) […]