Paladin widens loss, still mulling mine restart

Uranium company Paladin Energy has widened its net loss during the six months ended December, as operations at its Langer Heinrich project, in Namibia, remained suspended.

Net loss for the six months to December increased to $19.4-million, compared with a loss of $18.3-million in the previous corresponding period, while zero revenue was reported, compared with the $21.4-million in the first half of 2019.