Cameco Mining News

CanAlaska hits high-grade uranium at West McArthur

Drills turning at CanAlaska Uranium's (TSXV:CVV) West McArthur project in Saskatchewan, Canada, have started to bear fruit.

Denison Mines granted fresh 10-year licence for Saskatchewan uranium operations

The permit renewal comes only a year after the miner obtained regulatory approval from the Canadian Nuclear Safety Commission to rise annual uranium production capacity from 13 million to 24 million pounds.

Areva leaves Nunavut after uranium project rejection

The Kiggavik uranium project called for one underground and four open-pit mines just west of Baker Lake, and would have provided at least 400 jobs.

Cameco continues to explore Athabasca Basin through CanAlaska deal

Top Canadian uranium producer Cameco (TSX:CCO) has just signed an agreement with CanAlaska Uranium (TSXV:CVV) to conduct exploratory drilling at the West McArthur uranium project, 15 kilometres from its majority-owned McArthur River uranium mine.

Cameco mulling sale of U.S. assets

According to its CEO, Cameco is in the early stages of evaluating the sale of its mines in Nebraska and Wyoming.

Canada’s Cameco posts $62 million loss hurt by sinking uranium prices

Prices for the radioactive metal have fallen more than 50% since the Fukushima disaster in 2011

Cameco to lose $1.3bn as Japan’s TEPCO cancels uranium contract

Tepco’s termination of the contract would affect about 9.3 million pounds of uranium deliveries through 2028, Cameco said.

Cameco shedding 120 jobs at Canadian operations

Cameco (NYSE:CCJ, TSX:CCO) has inflicted more pain on its payroll as Canada’s largest uranium producer struggles amid a flat market for the nuclear fuel.

Namibia’s new uranium mine to boost growth, make it world’s third producer

The country's uranium output is expected to triple in 2017 as the massive Husab mine begins production.

Cameco up 11% on better-than-expected revenues

Uranium market still anemic.

Namibia’s new uranium mine to triple country’s output by 2017

The country is poised to becoming the world’s third largest producer of the commodity, as the massive Husab mine begins production in October.

Yes, the uranium market is bad but remember gold's turn?

"When this market turns it will be a lot of fun again."

Yes, the uranium market is bad, but remember gold's turn?

"When this market turns it will be a lot of fun again."

Cameco shares tumble after bigger than expected 2Q loss

Cameco shares were down 7.8% to $9.83 a share touching 52-week low mid-afternoon.

Top uranium producer Cameco posts surprise loss

Weak prices and demand have forced the Canadian company to lower its output forecast for the year.

500 jobs lost after Cameco shuts down Rabbit Lake

In a further indication of the uranium slump, Cameco (NYSE:CCJ, TSX:CCO) is suspending production at its Rabbit Lake operation in northern Saskatchewan and curtailing production at its US operations.

Cameco slowly expands world's biggest uranium mine, betting on recovery

Cameco's McArthur River mine in northern Saskatchewan is expected to produce 20 million pounds this year.

US uranium production hits lowest in 10 years

Depressed prices are to blame, says the Energy Information Administration (EIA).

Cameco’s new uranium discovery revealed

Canada’s top uranium producer has a significant new discovery nearby to one of its largest existing mines.

Cameco limits underground mining at Rabbit Lake after rock fall

While the company suspended production at Eagle Point, it said the Rabbit Lake mill continued operating as usual.

Cigar Lake mine officially starts production

Saskatchewan mine is the second largest high-grade undeveloped uranium deposit in the world.

Wildfires in Western Canada force miners to halt operations, shipments

Production hasn't been affected so far, but some companies such as Cameco and Areva Resources had to suspend shipments.

Cameco's uranium shipments halted due to wildfires

Production continues at all the mines.

China eyes Canadian uranium miners — report

China needs supply for its 22 operating reactors and the other 24 currently are under construction.