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Friday, April 15, 2011

Paladin achieves record uranium sales for March quarter, downgrades guidance

PERTH (miningweekly.com) - ASX- and TSX-listed uranium miner Paladin Energy has reported record uranium sales for the quarter ended March, despite a 4% decrease in production figures.

During the three months to March, Paladin sold around 1,4-million pounds of uranium oxide (U3O8), generating a record revenue of $92,5-million."

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