Cameco Mining News

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.

Canada and India sign historic uranium supply deal

As part of the agreement, Cameco will supply 7.1 million pounds (3.22 million kilos) of uranium concentrate to India over the next five years.

Cameco gets approval for its Australian Kintyre uranium mine

After more than four years of consultation and environmental studies, the miner has been granted conditional approval by Western Australia’s authorities.

Chinese firm close to start mining uranium in Namibia

Once fully operational, the Husab mine will have the potential to produce 15 million pounds of uranium oxide.

Cameco profits up by a third on higher commodity prices

Additional help from lower exploration expenditures and higher income tax recovery

Uranium producer Cameco boosts Q4 profit by 14%

Cameco (TSX:CCO) has reported a double-digit increase in fourth-quarter profits despite a nine per cent drop in revenue.