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Uranium company posts $38.9m profit
The company which owns and operates the Ranger Uranium Mine near Kakadu National Park has recorded a $38.9 million profit in the past six months.
The figure is $33 million more than for the same period last year.
In an announcement to the Australian Stock Exchange, Energy Resources of Australia says the average price of uranium for the first half of this year was just under $US36 a pound, compared to $US16.90 in June last year.
The Darwin-based company says sales rose by 46 per cent to $167.4 million, even though production of uranium oxide fell by 6 per cent.
The company produces a tenth of the world's uranium and is expanding its operations at the Ranger Mine.
Tags: mining, uranium-mining, nt . moreFirst Rebuilt Home Opens
Running Springs residents Gary and Debbie Harper greeted guests, thanked God and many local residents and businesses for their help and spent the first night in their new, rebuilt home. The celebration was truly that—a happy occasion that attracted about 60 people from Rebuilding Mountain Hearts and Lives, Rim Lumber, the American Red Cross, Rim Family Services, San Bernardino County Building and Safety, print and television news media, the Running Springs Area Chamber of Commerce, the Mountain Aid Project and many more local and county agencies.Pastor Mack Braden from Community Baptist Church in Lake Arrowhead led everyone in a brief prayer to bless the home and the Harpers.Last October, the Running Springs home on Chicago Drive was, along with many neighbors, gutted when the Slide Fire roared into the neighborhood and destroyed everything in its path.Not only did the Harpers lose their home in the fire, but Gary Harper, a construction company owner, had all his tools stolen last February, dealing the couple one more huge blow.When Pat McCumber, general manager of Rim Forest Lumber, read about the theft he knew he needed to do something. more
Tuesday's Winners & Losers: SAP
The German business software maker reported revenue growth of 20% to $4.55 billion, excluding an $81 million writedown from the acquisition of Business Objects, a developer of business intelligence software. Analysts were expecting revenue of $4.49 billion. Excluding special items, EPS was 65.7 cents vs. consensus estimates of 63 cents. OracleORCL also rose 69 cents, or 3.3%, to $21.41 following rival SAP's comments that U.S. business sentiment was better-than-expected in the quarter. Alcatel-LucentALU was up 36 cents, or 6.2%, to $6.12 after the company said Chairman Serge Tchuruk and Chief Executive Patricia Russo will step down. The duo was seen as the architects of the $11.4 billion merger between Alcatel and Lucent Technologies in 2006. IT security company WebsenseWBSN gained $1.27, or 6.8%, to $19.98 after it reported strong second-quarter results and raised its outlook for the year. more
Businesses to feel the burn as energy prices soar
UK businesses will face a trying time as energy bills continue to rise, MPs have warned. The Business and Enterprise Select Committee fears thousands of jobs in manufacturing could go as a result of energy prices that are high compared to those in the rest of Europe. It called for action to address problems in the energy sector, following the announcement at the start of the year of large price rises by the "big six" of British Gas, EDF Energy, E.ON, Npower, Scottish Power and Scottish and Southern Energy. However, the committee found no evidence of the companies working together to artificially keep prices high, despite the limited price difference across the suppliers. The report, published just days after EDF Energy became the first supplier to announce its summer price hikes, also warns that millions of households will face severe consequences. more
Business Legal Prepaid Opportunity Services
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Read moreBusiness agenda - Miami Herald
The fact that I begin this interview with the current tragic conflict in the Middle East -- the all-out and terribly destructive war Israel has waged on the Palestinians in Gaza -- is a measure of its importance right now in the world. In the light ...
Read more'We'll triumph over Cope' - Mail & Guardian Online
Author : Allscripts-Misys Healthcare Solutions, Inc. Results Reflect Early Success of Merger with Misys Healthcare Creating Clear Leader in Physician Healthcare IT CHICAGO, Jan. 8 CHICAGO , Jan. 8 /PRNewswire-FirstCall/ -- Allscripts-Misys Healthcare ...
Read moreAllscripts Reports Fiscal 2009 Second Quarter Results - Earthtimes
SAN FRANCISCO — A federal judge ruled Monday that "sufficient facts" exist to keep alive a lawsuit brought by two U.S.-based lawyers for a Islamic charity who say they were eavesdropped on without warrants. The suit involves two American lawyers ...
Read moreJudge: 'Sufficient Facts' Exist That U.S. Spied on Islamic Charity ... - Wired
Former U.S. Attorney Christopher Christie said he is filing papers today saying he is a candidate for New Jersey governor this year. In an e-mail to supporters , Christie said he plans a formal announcement in the first week in February. "We can fix ...
Read moreChristopher Christie files to run for New Jersey governor - Newark Star-Ledger
David Grunfeld / The Times-Picayune Daniella Powell, mother of Ja'Shawn Powell, holds a picture of her son on Sunday. Ja'Shawn was murdered by his father, Danny Platt on Friday night. Lately, 2-year-old Ja'Shawn Powell would jump out of bed, ready to ...
Read more'I never knew that it would be the last time I'd see him," says ... - New Orleans Times-Picayune
The UK's Home Office is supporting a proposal that would allow British police or MI5 agents to hack home, office and other private computers without a warrant to intercept e-mail traffic and monitor a user's other computer activities. The proposal ...
Read moreUK Approves Police Hacking Home Computers - Wired
Got a travel-related question, comment, suspicion, warning, gripe, sad tale or happy ending? The Post Travel Section Flight Crew is at your service. On the itinerary this week: Finding out how far you can go when you only have $2009 for 3 travelers ...
Read moreThe Flight Crew - Washington Post
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