CAPITAL MARKETS

ERA faces further gloom over falls in uranium spot prices

SYDNEY: Energy Resources of Australia today delivered more gloom to investors, saying plunging uranium oxide prices would continue to depress earnings and dividends this year.

MiningNews.Net

ERA warned its full-year after tax profit would dive below last year's $34.7 million because of low prices on the spot market. The warning added to ERA's gloomy news that its operating profit had more...

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