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16.02.12 Cameco benefits from Chinese investment
Thursday, 16 February 2012 02:38
Key words: Cameca, Chinese investment, uranium
VANCOUVER - Canadian mining giant Cameco, which has been the beneficiary of considerable Chinese investment, saw earnings soar 29 percent during its fourth quarter compared to the same period last year.
In a newly released financial statement, the company reported $265 million in net income in the final quarter of 2011, up from $206 million in the fourth quarter of 2010.
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