Kazatomprom posts 138% jump in third-quarter profit

MINEX Forum | November 30, 2020 | Views: 78 | Source: Mining Weekly

ALMATY – The world’s biggest uranium miner Kazatomprom on Friday posted a 138% jump in third-quarter profit on the back of soaring sales and higher prices.

Kazatomprom’s profit rose to 90.675-billion tenge ($214-million) from 38.026 billion tenge a year earlier. The company this month said that quarterly sales more than doubled and the average price of uranium was up 10%.

Facebooktwitterredditpinterestlinkedinmailby feather
Rating: 0