John Borshoff was once one of Western Australia's wealthiest businessmen. The founder of Perth-based Paladin Energy developed an enviable portfolio of African uranium mines supposed to satiate booming global demand for yellowcake.
When the company's Langer Heinrich mine began shipments in March 2007, as the spot price for uranium eclipsed $US100 per pound, Paladin was worth more than $4 billion.
Loading...
Tess Ingram was a journalist with WAtoday. Before that, she was a reporter in The Australian Financial Review’s Perth bureau, covering business, economics and politics. Connect with Tess on Twitter.
