Paladin books $US173m loss in FY2012 | WA Business News: "Paladin books $US173m loss in FY2012
Dan Wilkie30-Aug-2012
Category: ResourcesUranium
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Paladin Energy boss John Borshoff.
Uranium miner Paladin Energy says it is looking forward to a year free of construction and commissioning activities after lodging a net loss of $US172.8 million for the 12 months to June 30.
Paladin said the loss, which was up from $82.3 million in FY2011, was mainly due to a $US133 million write-down in the value of the company’s Kayelekera mine in the September quarter, 2011."
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