Dominion Lending Centres Clearlease Reports First Uranium Corp. (TSX:FIU) Q$ loss of $17.8 million

Dominion Lending Centres Clearlease Reports First Uranium Corp. (TSX:FIU) Q$ loss of $17.8 million

VANCOUVER, BC (June 6, 2011) Dominion Lending Centres Clearlease Reports First Uranium Corp. (TSX:FIU) reported Monday a fourth-quarter loss of $17.8 million or nine cents per share, improved from a year-earlier loss of $26 million or 14 cents per share as revenues improved on gold sales.

The miner’s consolidated revenue rose to $43 million from $29 million in the same period a year earlier primarily due to improved sales of gold, which it produces at the Ezulwini mine and from its Mine Waste Solutions tailings retreatment operation.

First Uranium, which trades its shares on the Toronto and Johannesburg stock exchanges, produced no uranium at Ezulwini during the quarter as it completed repairs following a structural failure affecting two loading columns.

The uranium plant was recommissioned in March and 31,000 pounds of uranium kept in stock at quarter end was shipped and sold during April 2011.

A global push for reviews of nuclear safety following a disaster at a nuclear plant in Japan that was hit hard by the earthquake and tsunami there has had a negative effect on First Uranium, Deon van der Mescht.

“While there has been a level of recovery for most uranium operators, we remain under pressure,” van der Mescht.

“This is ironic when one considers that First Uranium is largely a gold producer, having only recently recommenced uranium production at the Ezulwini Mine.”

For the full year, First Uranium’s consolidated revenue rose 86 per cent to $172 million. The loss for the year was $69.9 million, or 38 cents per share, improved from $92.2 million or 56 cents per share in the same period a year before. Total gold sales rose to 142,630 ounces from 91,657 ounces sold in 2010.

First uranium is developing gold and uranium extraction operations at the underground Ezulwini mine and its Mine Waste Solutions tailings recovery facility, both in South Africa. Shares in the company were unchanged at 67 cents in early trading on the Toronto Stock Exchange.

Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports First Uranium Corp. (TSX:FIU) Q$ loss of $17.8 million

VANCOUVER, BC (June 6, 2011) Dominion Lending Centres Clearlease Reports First Uranium Corp. (TSX:FIU) reported Monday a fourth-quarter loss of $17.8 million or nine cents per share, improved from a year-earlier loss of $26 million or 14 cents per share as revenues improved on gold sales.

The miner’s consolidated revenue rose to $43 million from $29 million in the same period a year earlier primarily due to improved sales of gold, which it produces at the Ezulwini mine and from its Mine Waste Solutions tailings retreatment operation.

First Uranium, which trades its shares on the Toronto and Johannesburg stock exchanges, produced no uranium at Ezulwini during the quarter as it completed repairs following a structural failure affecting two loading columns.

The uranium plant was recommissioned in March and 31,000 pounds of uranium kept in stock at quarter end was shipped and sold during April 2011.

A global push for reviews of nuclear safety following a disaster at a nuclear plant in Japan that was hit hard by the earthquake and tsunami there has had a negative effect on First Uranium, Deon van der Mescht.

“While there has been a level of recovery for most uranium operators, we remain under pressure,” van der Mescht.

“This is ironic when one considers that First Uranium is largely a gold producer, having only recently recommenced uranium production at the Ezulwini Mine.”

For the full year, First Uranium’s consolidated revenue rose 86 per cent to $172 million. The loss for the year was $69.9 million, or 38 cents per share, improved from $92.2 million or 56 cents per share in the same period a year before. Total gold sales rose to 142,630 ounces from 91,657 ounces sold in 2010.

First uranium is developing gold and uranium extraction operations at the underground Ezulwini mine and its Mine Waste Solutions tailings recovery facility, both in South Africa. Shares in the company were unchanged at 67 cents in early trading on the Toronto Stock Exchange.

Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports First Uranium Corp. (TSX:FIU) Q$ loss of $17.8 million

VANCOUVER, BC (June 6, 2011) Dominion Lending Centres Clearlease Reports First Uranium Corp. (TSX:FIU) reported Monday a fourth-quarter loss of $17.8 million or nine cents per share, improved from a year-earlier loss of $26 million or 14 cents per share as revenues improved on gold sales.

The miner’s consolidated revenue rose to $43 million from $29 million in the same period a year earlier primarily due to improved sales of gold, which it produces at the Ezulwini mine and from its Mine Waste Solutions tailings retreatment operation.

First Uranium, which trades its shares on the Toronto and Johannesburg stock exchanges, produced no uranium at Ezulwini during the quarter as it completed repairs following a structural failure affecting two loading columns.

The uranium plant was recommissioned in March and 31,000 pounds of uranium kept in stock at quarter end was shipped and sold during April 2011.

A global push for reviews of nuclear safety following a disaster at a nuclear plant in Japan that was hit hard by the earthquake and tsunami there has had a negative effect on First Uranium, Deon van der Mescht.

“While there has been a level of recovery for most uranium operators, we remain under pressure,” van der Mescht.

“This is ironic when one considers that First Uranium is largely a gold producer, having only recently recommenced uranium production at the Ezulwini Mine.”

For the full year, First Uranium’s consolidated revenue rose 86 per cent to $172 million. The loss for the year was $69.9 million, or 38 cents per share, improved from $92.2 million or 56 cents per share in the same period a year before. Total gold sales rose to 142,630 ounces from 91,657 ounces sold in 2010.

First uranium is developing gold and uranium extraction operations at the underground Ezulwini mine and its Mine Waste Solutions tailings recovery facility, both in South Africa. Shares in the company were unchanged at 67 cents in early trading on the Toronto Stock Exchange.

Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://youtu.be/f_kk7WJa7Uk




Site Map | Privacy Policy | XML Sitemap | Terms of Use | Equipment Lease Financing RSS Feed

© Copyright 2015 - Clearlease.com - Independently Owned & Operated
All trademarks are the property of their respective owners. All Rights Reserved.
This is not a commitment to lend. Home mortgages are subject to underwriting review and approval. This is a free no obligation service.
Yahoo®, Google®, Bing ® are trademarks of their respective owners.
REALTOR® -- A Registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics.
The MLS® is a Trademark of Multiple Listing Service, Inc.
All Commercial Mortgage and Residential Mortgage Loan Applications are processed by Dominion Lending Centres Commercial Capital Inc.
DLC® is a Trademark of Dominion Lending Centres, Inc.
All Automobile Loan & Lease Applications are funded by the Funder.
No part of this content, data or information included herein may be reproduced, republished or redistributed.


Vancouver Mortgage Leads - Residential Mortgage Leads Venacouver - FREE Mortgage Quote Vancouver
Vancouver Mortgage Leads - Residential Mortgage Leads Venacouver - FREE Mortgage Quote VancouverVancouver Mortgage Leads - Residential Mortgage Leads Venacouver - FREE Mortgage Quote VancouverVancouver Mortgage Leads - Residential Mortgage Leads Venacouver - FREE Mortgage Quote Vancouver