“We can now prioritize our efforts and resources on maximizing the value of our world-class Langer Heinrich operation [in Namibia]. We are also pleased to be a major shareholder of Lotus Resources and look forward to their future success in adding value to the Kayelekera Mine,” said Paladin Energy CEO Ian Purdy. Kayelekera hosts a high-grade resource with an existing open-pit mine that produced over 10.9 million pounds U3O8 between 2009 and 2014.