Lacklustre performances by small mining companies on the London Stock Exchange are driving rivals in need of cash to find alternative ways to raise capital.
People living close to the large open pit mine in Quebec’s Abitibi region, want to be compensated for damages related to dust, noise and explosions they claim to have been exposed to for many years.
Cameco said its most immediate goal was to remain competitive and in a position to be among the first to respond when the market calls for more uranium.
The current debate surrounding coal is generally one of how long it will continue to play a role in the world's energy mix before it is replaced by cleaner alternatives, but the coming years may see a deficit in seaborne markets for the polluting fuel.