Business
/C O R R E C T I O N from Source -- Uranium One Inc./
Mar. 8, 2011 (Canada NewsWire Group) -- In c8835 transmitted at 07:00 EST there was an error ...
About this update from Uranium One Mining Corp.
[{"type":"text","content":"\n\n\n Mar. 8, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nIn c8835 transmitted at 07:00 EST there was an error in the\n "reconciliation of adjusted net earnings / loss to the financial\n statements" table. The figure "(8,003)" should have read "8,003"\n without parentheses. Corrected copy follows:\n\n\nUranium One Announces 115% Increase in Revenue and 19% Lower Cash Costs\n for 2010\n\n\nVANCOUVER and JOHANNESBURG, South Africa, March 8 /CNW/ - Uranium One\n Inc. ("Uranium One") today reported record revenue of $327 million for\n 2010 based on sales of 6.9 million pounds at an average realized sales\n price of $48 per pound.  Total cash costs for 2010 were $13 per pound\n sold.  Uranium One also reported strong earnings from mine operations\n of $137 million for 2010, 149% higher compared to 2009.\n\n\nHighlights\n\n\nOperational Results\n\n\n\nTotal attributable production during 2010 was a record 7.4 million\n pounds, 106% higher than total attributable production of\n 3.6 million pounds during 2009.\n\n\nThe average total cash cost per pound sold was $13 per pound during\n 2010, compared to the average cash cost per pound sold of $16 per pound\n during 2009.\n\n\n\n2010 Financial Results\n\n\n\nAttributable sales volumes for 2010 increased by 116% to a record 6.9\n million pounds, compared to 3.2 million pounds sold during 2009.\n\n\nRevenue increased by 115% to a record $327 million in 2010, compared to\n $15...