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Cameco and its partner Mitsubishi have received Federal environmental approval to develop the Kintyre uranium mine in the eastern Pilbara.
Shares in Lynas Corporation kicked up after the company announced its first quarter of positive free cashflow.
Production has declined at Australian uranium player Paladin's biggest mine after a well failed, but the company is upbeat about the prospects of exports to Japan and India.
Macmahon Holdings has reduced staff working hours, cut directors' pay and made another 40 people redundant under restructuring carried out to satisfy its bankers.

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