Kayelekera Uranium Mine and Economic Development in Malawi ...
After finding that the project was uneconomic based on the mining method and low uranium prices prevailing at that time, the project was briefly abandoned (Paladin, 2012). In 2000, however, Paladin saw fit to acquire a 90 percent share of the stalled Kayelekera project, and in July 2005, purchased the remaining 10 percent stake.