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Uranium One announces net loss of 142.8 million in fourth quarter

Uranium One, the world’s largest publicly-traded uranium producer, reported on Tuesday a net loss of $142.8 million in the fourth quarter. In 2009 the company reported positive earnings of $179.8 million for the same period. The loss was attributable to a one-time charges. The company said that the carrying value of the Honeymoon Uranium Project was written down by $113.5  million due to the strengthening of the Australian dollar and increased capital expenditures.

Local lawmaker fights for 4-year degrees at CAC

Maricopa native and District 23 lawmaker Frank Pratt is fighting to allow Central Arizona College and Eastern Arizona College to offer four-year baccalaureate degrees in nursing, elementary and secondary education, business and mining technology.

“We have nearly 400,000 people in Pinal County and there is no way for them to get a four-year degree without venturing out of the county or logging onto a computer,” Pratt said.

To bring about the change at the two community colleges, Pratt has introduced HB 2277 in the Arizona Legislature. The bill would allow select four-year degrees at the two community colleges through the 2017-2018 fiscal year.

Antofagasta to pay 100c per share special dividend

Antofagasta will pay a special dividend of 100 cents a share, the Chilean miner said on Tuesday as it posted a jump in full-year earnings on higher copper prices and production. Earnings per share rose to 106.7 cents, from 67.7 cents, as revenue grew 54.5 percent to $4.58 billion.
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