Simply Wall St.40d agoneutral
Cameco (TSX:CCO) Pauses Cigar Lake Output While Lifting Joint Venture StakeCameco temporarily suspended production at its Cigar Lake uranium mine after an operational outage at the McClean Lake mill. The company also agreed to acquire an additional interest in the Cigar Lake Joint Venture, lifting its ownership to more than 57%. These developments affect one of the world's largest uranium mines and increase Cameco's direct exposure to the asset. Cameco, traded as TSX:CCO, is in focus after pausing output at Cigar Lake because milling operations at McClean Lake...