Paladin Energy boss John Borshoff.

Paladin writedowns result in $US193m half year loss

Uranium miner Paladin Energy has reported a half year net loss of $US193.5 million, with a number of large write-downs and impairments souring a record half year combined production result.

The miner’s revenue came in at $195.5 million for the six months ended December 31, up from $173.4 million in the previous corresponding period.

Paladin reported an impairment of $96 million at its Kayelekera mine, due to continued weakness in the uranium price, while also writing down $US98.2 million for de-recognition of the mine as a deferred tax asset.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/08/17

1 year TSR5 year TSR
632ndOtto Energy-40%-8%
634thSamson Oil & Gas-41%-43%
678thMZI Resources-49%-31%
771stPaladin Energy-71%-47%
717 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$20k Bought
$195k Bought
$0 Other
Total value as at the date of the transaction
Source: Morningstar


17th↑Paladin Energy$261.4m
41st↑Otto Energy$36.4m
42nd↑Kingsrose Mining$33.6m
44th↑MZI Resources$31.5m
45th↑Samson Oil & Gas$27.8m
490 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Paladin Energy

246thAlexander Molyneux$524k
883rdRick Crabb$112k
1223rdDonald Shumka$75k
Ranked by total remuneration from all listed WA companies

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