Monday, July 16, 2007

Cameco may bid for Australian miner Paladin-paper

(Reuters) - The mine, which sits on one of the world's richest uranium
deposits, flooded last year, putting additional pressure on
global uranium supply as demand has soared.




The paper said a drop in Paladin's share price has made it
a possible takeover target. The Australian company cut its
production forecast for its main Namibian mine last month.


Read more at Reuters.com Mergers News

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