Kazakhstan news for February 26, 2010

In this issue:

2 Corporate news
2 Bank CenterCredit informed on Kookmin Bank 40 % and IFC 10 % investments
2 Cameco reports its FY2009 results
2 Northrop Grumman to supply ETVS systems for air traffic control in Kazakhstan
2 Upcoming events
3 Industry news
3 Kazakhstan production of vegetable oil sharply rises
3 Belarus suggests discussing question of oil duties at Customs Union Commission session
4 Politics and Economics
4 State budget income forecast in Almaty area executed by 112.7 %
4 Nazarbayev discussed regioanl development issues with regionals akims
5 KASE & Market wrap
6 AFS-Research productline
7 AFS Research services

Cameco reports its FY2009 results
 

Cameco Corporation reported its FY2009 results. The Company posted 2009 adjusted and diluted EPS of US$1.49/share, 11% lower than in 2008, due largely to higher uranium production costs, and lower profits from gold sales. The Company noted that higher profits from the electricity business, resulting from higher realised selling prices, partially offset negative uranium and gold results.
 

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