Wednesday, March 7, 2012

Uranium One Inc. - UUU.t

Uranium One Inc. - UUU.t is a uranium producer with a 70% interest in the Betpak Dala joint venture in Kazakhstan, and a 30% interest in the Kyzylkum joint venture, which owns the Kharasan Uranium Project in Kazakhstan.

On March 5, 2012 the company reported NEWS

"Uranium One Announces Record Revenue of $530 Million and Total Cash Costs of $14 per Pound for 2011.

(“Uranium One”) today reported record revenue of $530 million for 2011 based on record sales and production of 9.9 and 10.7 million pounds.

Uranium One also reported cash costs per pound sold of $14 for 2011. Net earnings for 2011 were $88 million, or $0.09 per share and adjusted net earnings for 2011 were $114 million or $0.12 per share."