Paladin Energy aims to crack uranium big league with Canadian takeover
Paladin would churn out 10% of global uranium output after combining production of its Namibian mine with Fission’s Canadian project.
Newcrest Mining (ASX: NCM) on Friday posted a 22.2% increase in annual profit, buoyed by robust gold and copper sales volumes from its flagship Cadia mine in New South Wales.
Australia’s biggest listed gold miner posted an underlying profit of $561 million for the full year ended June 30, compared with $459 million a year earlier.
The Melbourne-headquartered company declared a final dividend of 14.5 cents per share, up from 11 cents a year earlier.
(By Rashmi Ashok; Editing by Maju Samuel)
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