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Paladin to sell 24% of Langer Heinrich

Company will get US$175 million cash from unnamed buyer

Mining Journal
An aerial view of the Langer Heinrich uranium mine in Namibia

An aerial view of the Langer Heinrich uranium mine in Namibia

The company has been aggressively improving its balance sheet, having reduced debt by $81 million to $362 million in February and being cash flow positive on an all-in basis for the year to end-June, 2016....

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