Areva Revenue Up On Mining Business

Azoming reports Areva’s(TSXV:CEI) revenue up by 2.2% higher than last year in the first quarter.

The market news is quoted as saying:

The forecasts for 2011 and 2012 are currently under review by the state run company. As per the statement there was a 18.9% growth in mining activities which had been witnessed by the company. The Avera statement said that this was due to a favourable contract mix that yielded a significant improvement in their average uranium sales price over the quarter.

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