nuclear-news

Uranium company made losses

First Uranium posts Q3 loss on higher costs, forex loss Feb 16 (Reuters) – First Uranium Corp (FIU.TO) posted a quarterly loss, hurt by higher corporate expenses and a $7.4 million foreign currency loss.

For the third quarter ended Dec. 31, the company reported loss of $14.4 million, or 9 cents a share, compared with a profit of $1.3 million, or 1 cent a share, a year ago……… In January, South African authorities withdrew environmental authorization for a new tailings storage facility at First Uranium’s key Mine Waste Solutions tailings recovery project.

UPDATE 1-First Uranium posts Q3 loss on higher costs, forex loss | Reuters

February 17, 2010 - Posted by Christina Macpherson | business and costs, South Africa | nuclear costs, uranium