Cameco Submits Comments to the US Department of Commerce Section 232 Investigation

Cameco (TSX: CCO; NYSE: CCJ) today filed a submission with the United States Department of Commerce (DOC) in response to its request for comments as part of the investigation into whether foreign uranium imports threaten to impair US national security under Section 232 of the Trade Expansion Act of 1962. “With uranium operations in both …

Challenges and changes at Kazatomprom

NAC Kazatomprom has changed its strategy to be more responsive to prevailing market conditions, CEO Galymzhan Pirmatov told delegates attending the World Nuclear Association Symposium 2018 in London today. Over the past 20 years the Kazakh uranium producer has transformed from a small uranium company to the largest uranium producer in the world, and diversified …

Uranium supply crunch may be just around the corner

Production cuts, halted projects and operations, as well as renewed interest from investors has helped drive uranium prices up by 30% in the past four months, but experts remain cautious about the long-term outlook for the commodity. Decade-low prices have had a negative effect on the profitability of existing mines and a devastating effect on the capacity …

Can Cameco Corporation Stock Go Higher After Gaining 27.4% So Far in 2018?

The uranium mining giant is off to a great start to the year for a couple of reasons. What happened Cameco Corporation (NYSE:CCJ) shares have displayed remarkable resilience so far this year after ending 2017 on a somber note. The uranium mining stock climbed a solid 27.4% during the first half of 2018, according to data from S&P Global …