Langer Heinrich revenue dips 3% to N$1.52bn

Source: The Namibian · 2026-11-09T13:23:09.000Z · Finance

PALADIN Energy’s Langer Heinrich uranium mine in Namibia generated US$92.4 million (about N$1.52 billion) in revenue during the quarter ended on 30 September. This represents a 3% decline from the US$95.3 million (about N$1.56 billion) recorded in the preceding quarter. According to Paladin Energy’s latest quarterly financial report, the decline was primarily driven by lower uranium sales volumes, which fell from 1.35 million pounds (about 612 349kg) in the June quarter to 1.16 million pounds (about 526 167kg) in the September quarter. The mine produced a million pounds of uranium oxide during the period, with output affected by a planned

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