Paladin Energy's creditors have agreed to a proposal to restructure the company's debt and reinstate it to quotation on the ASX. The Western Australia-based company's creditors have executed the proposed deed of company arrangement (DOCA). Major creditor Electricité de France previously said it may seek to have the DOCA, which it claims is unfairly prejudicial towards it, terminated.

A recently completed process optimisation study has shown how Bannerman Resources can save an estimated $73 million in capital costs at its Etango uranium project. The study forms the first part of Bannerman's update of the definitive feasibility study for its 95%-owned Namibian project.

The Langer Heinrich uranium mine in Namibia will remain under the ownership of Paladin Energy as the company goes through administration after joint venture partner CNNC Overseas Uranium Holdings decided not to exercise its option to acquire Paladin's share of the mine. Paladin owes EDF $277 million. million,

Independent experts have determined the fair market enterprise value of the Langer Heinrich uranium mine's holding company to be $583 million, Paladin Energy has announced. Separately, Paladin said the administrators it appointed earlier this month have agreed a new financing facility that will fund working capital for the Namibian mine.

Paladin Energy Ltd has today appointed administrators after it was unable to agree a delay to the repayment of $277 million it owes Electricité de France. The administrators will continue to operate the company on a business-as-usual basis until further notice.

Paladin Energy Limited plans to start arbitration proceedings against CNNC Overseas Uranium Holdings Ltd (CNNC Overseas) amid indications it will seek to acquire Paladin's interest in the Langer Heinrich uranium mine in Namibia. CNNC Overseas bought a 25% joint venture equity stake in Langer Heinrich for $190 million in January 2014.

Bannerman Resources Limited has completed its Etango heap leach demonstration plant project and begun work to incorporate its findings into the Namibian uranium project's definitive feasibility study.

Bannerman Resources has approved an extension of its Etango heap leach demonstration plant program after receiving "excellent" results from the fifth phase of the project in Namibia.

Bannerman Resources has completed work to de-risk the heap leaching process it intends to use at its Etango uranium project in Namibia. The fifth and final stage of testing is now underway at the Etango heap leach demonstration plant.

Paladin Energy has announced plans to sell 24% of the Langer Heinrich uranium mine in Namibia and up to 75% stake of its Manyingee project in Western Australia. The transactions stand to raise over $200 million.

Positive results from the second phase of the Etango heap leach demonstration plant in Namibia continue to support the assumptions and projections for the uranium project in earlier feasibility studies, Bannerman Resources has announced.

Bannerman Resources has officially opened a heap leach demonstration plant at the Etango uranium project in Namibia.