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Company News
Jan 06, 2025 • 4:03 AM
Mining & ResourcesCameco and Kazatomprom suspend Inkai operations amid regulatory delays, boosting uranium prices
The global uranium price improved after the giant Inkai joint venture operations in Kazakhstan were suspended due to a delay in receiving key government approvals. Canada’s Cameco (40%) confirmed the shutdown of production activity at the JV operation after being informed by partner Kazatomprom (60%) that the in-situ recovery JV failed to receive an extension […]
Sep 06, 2023 • 12:13 PM
Mining & ResourcesCameco lowers uranium production expectations for major Canadian operations
Leading global uranium fuel provider Cameco (NYSE: CCJ) has confirmed it is facing a number of issues at its Cigar Lake mine and Key Lake mill operations in Canada. The company reported that technical issues have led to lower than expected production forecasts at the Cigar Lake mine. Cameco says it now estimates it will […]