Paladin Energy Miners On Strike

Reuters reported Paladin Energy Ltd (TSX:PDN,ASX:PDN) said employees at its Kayelekera mine in Malawi went on strike on Friday demanding higher pay.

As quoted in the market news:

Production was shut down for 22 hours and restarted midday on Saturday, said Paladin, which also mines uranium in Namibia.

The plant is expected to operate at about 65 percent capacity until the employees return to work, the company said in a statement.

Click here to read the full Reuters report.