Paladin Sees Strong Second Quarter; Trims Fiscal Year Production

Mining Weekly reported Paladin Energy (TSX:PDN,ASX:PDN) saw a strong performance in the second quarter, but is cutting back its fiscal year prediction.

As quoted in the market news:

The guidance has been lowered to between 7.1-million and 7.4-million pounds of uranium oxide (U₃O₈) for the year to the end of June, compared with the previous guidance of between 7.4-million and 7.9-million pounds of U₃O₈.