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Langer Heinrich uranium mine

Paladin to keep main asset

The restructuring of Paladin Energy has taken a surprise turn after Chinese group CNNC Overseas Uranium Holdings advised it would not exercise an option to buy the Langer Heinrich uranium mine.

China National Nuclear Corporation already owns 25 per cent of the mine and was expected to move to full ownership, after Paladin was placed into administration early last month.

KPMG administrator Matthew Woods had been anticipating a payment of $US416 million ($A526 million) for the asset.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Share Transactions

31/08/15
$20k Bought
07/08/15
$195k Bought
17/12/14
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

32nd↓Troy Resources$92.2m
33rd↓Tap Oil$88.1m
34th↓Paladin Energy$88.0m
35th↑Red 5$69.6m
36th↑Avanco Resources$65.2m
491 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Paladin Energy

242ndAlexander Molyneux$524k
865thRick Crabb$112k
1198thDonald Shumka$75k
Ranked by total remuneration from all listed WA companies

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