Cameco Vs. Kazatomprom

MINEX Forum | May 14, 2019
img0 Summary They are the two largest uranium producers in the world, and I see them as a leveraged bet on the recovery of the uranium price. Kazatomprom looks better in 2019, but Section 232 in the USA matters a lot. Cameco would be the main beneficiary from a quota on US uranium production. Introduction Cameco ...

The local band supports the Cameco’s mining operations in northern Saskatchewan

David McHutchon | June 19, 2017
img0 The Lac La Ronge Indian Band (LLRIB) and Cameco Corporation announced the signing of a collaboration agreement that enhances and sustains their existing relationship and commercial ventures. The agreement confirms LLRIB’s support for Cameco’s mining operations in northern Saskatchewan, the parties’ commitment to protecting the environment and ensures LLRIB will continue to benefit from employment, ...

Cameco reported loss due to weak prices

MINEX Forum | July 28, 2016
img0 Image: www.cameco.com/ Cameco (TSX: CCO; NYSE: CCJ), the world’s No.2 uranium producer, reported its consolidated financial and operating results for the second quarter. Net losses were $137 million compared to net earnings of $88 million in the second quarter of 2015. Revenue shrunk from $565 million to $466 million a year earlier. The company explained net losses by impairment ...