Economic Calendar

Tuesday, August 26, 2008

Paladin Energy Full-Year Loss Narrows After Uranium Sales Jump

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By Angela Macdonald-Smith

Aug. 26 (Bloomberg) -- Paladin Energy Ltd., the Australian producer of uranium in Namibia, said its full-year loss narrowed to $36 million from $37.6 million a year earlier.

Sales jumped to $101.9 million in the 12 months ended June 30, from $11.2 million, Perth-based Paladin said today in a statement to the Australian stock exchange.

To contact the reporter on this story: Angela Macdonald-Smith in Sydney at amacdonaldsm@bloomberg.net


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