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12-02-16 Cameco benefits from Chinese investment

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周四, 2012年 02月 16日 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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