Rossing Sees Promise In Uranium Despite Losses

The Southern Times reported Rossing Uranium Limited remains optimistic despite failing to meet production expectation in 2011 and taking major losses.

As quoted in the market news:

Rössing made a colossal operational loss of R471 million in 2011, a year after another loss of R43m.

This after the uranium company made massive profits of R1.23 billion in 2008 and R290m in 2009.

Click here to read the full Southern Times report.