Business
Uranium One Announces Record Production and Sales for the Fourth Quarter and Full Year 2010
Jan. 10, 2011 (Canada NewsWire Group) -- VANCOUVER, BC, AND JOHANNESBURG, SOUTH AFRICA, Jan. ...
About this update from Uranium One Mining Corp.
[{"type":"text","content":"\n\n\n\n Jan. 10, 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\nVANCOUVER, BC, AND JOHANNESBURG, SOUTH AFRICA, Jan. 10 /CNW/ - Uranium\n One Inc. today announced record production and sales for the fourth\n quarter and for the full year 2010.\n\n\nProduction\n\n\nAttributable production for 2010 increased by 106% to 7.4 million pounds\n of U3O8, compared to 3.6 million pounds produced in 2009.  During the fourth\n quarter of 2010, attributable production was 2.1 million pounds U3O8, a 75% increase compared to 1.2 million pounds produced during the\n fourth quarter of 2009 and a 24% increase compared to 1.7 million\n pounds produced in the third quarter of 2010.\n\n\nA breakdown of Uranium One's attributable production for the fourth\n quarter and for the full year 2010 is shown below. \n\n\nTable 1 - Uranium One Attributable Production (million pounds U3O8)\n\n\n\n\nMine\n\n\nQ4 2010\n\n\nFiscal Year 2010\n\n\n\n\nAkdala\n\n\n0.5\n\n\n1.9\n\n\n\n\nSouth Inkai\n\n\n0.8\n\n\n3.1\n\n\n\n\nKaratau\n\n\n0.7\n\n\n2.2\n\n\n\n\nKharasan\n\n\n0.1\n\n\n0.2\n\n\n\n\nTotal Attributable Production\n\n\n2.1\n\n\n7.4\n\n\n\n\nIn addition, attributable production from the newly acquired Akbastau\n and Zarechnoye mines from December 27, 2010 to the end of the year was\n approximately 34,000 pounds of U3O8.\n\n\nSales\n\n\nAttributable sales for the full year 2010 were 6.9 million pounds of U3O8, representing a 116% increase compared to 2009 attributable sales of\n 3.2 million pounds...