Low sales, low prices cause Cameco uranium company’s profit loss
Cameco profit hit by lower sales, prices Mining Peter Koven Jul 27, 2012 Second quarter profit dropped sharply at Cameco Corp. as the uranium giant’s sales volumes declined and it faced lower realized prices and higher costs.
Adjusted net income came in at $34-million, or 9 cents a share, down from 18 cents a year ago. The numbers fell short of analyst expectations.
Uranium sales volumes in the quarter were 5.3 million pounds, well down from 5.8 million pounds in the second quarter of 2011. Saskatoon-based Cameco’s realized price also dropped 8% year-over-year to US$42.08 a pound because of lower U.S.-dollar prices under
fixed-price contracts. Uranium production dropped 7%….
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1.This month
For international news go to https://nuclear-news.net/
of the week
Wangan and Jagalingou people – Stop Adani destroying our land and culture
South Australia Nuclear Waste Dump Industry Cover Up of Massive Radiation from Fukushima
The Dangerous Case Of Donald Trump’: 27 Psychiatrists Assess | The Last Word | MSNBC
Anderson Cooper Completely Wrecks Trump By Exposing His Lies After Latest Speech
EVENTS
more info at Action Australia
2 December – Adelaide – Don’t Dump on South Australia Rally http://dontdumponsa.net/
WRITE TO YOUR U.N. AMBASSADOR
National Radioactive Waste Management Facility:Nominations sought for Kimba Consultative Committee Details on how to apply are at www.radioactivewaste.gov.au. Media Contact: 0438 619 987
PETITIONS
STOP ADANI DESTROYING OUR LAND AND CULTURE http://wanganjagalingou.com.au/our-fight/
We, the Wangan and Jagalingou people, are the Traditional Owners of the land in Queensland’s Galilee Basin. Corporate conglomerate, Adani, wants to use our ancestral lands for their Carmichael coal mine.
Sign the Petition – No Dump! 
Don’t Nuke the Climate – we want 1000 (yes, thousand!) organisations to sign this petition that wilL be handed over to the UNFCCC during COP23 in Bonn, Germany, November 2017.
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