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    Paladin’s Q3 Uranium Output Dips 15%, CEO Gets Pay Cut

    Investing News Network
    Oct. 31, 2011 04:20PM PST
    Energy Investing

    Mining Weekly reported Paladin Energy (TSX:PDN,ASX:PDN) said output slumped 15%.

    Mining Weekly reported Paladin Energy (TSX:PDN,ASX:PDN) said output slumped 15%.

    As quoted in the market news,

    CEO John Borshof agreed to a 25% pay cut to reduce costs.

    The Toronto- and Sydney-listed company said it sold a record two-million pounds of yellowcake during the quarter, raking in $102.7-million.

    Click here to read the full Mining Weekly report.

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