TSX:CCOOil and Gas
Will Cigar Lake Restart and India Deal Change Cameco's (TSX:CCO) Nuclear Narrative?
Cameco recently restarted production at its Cigar Lake uranium mine, increased its ownership in the high-grade asset to 57.418%, and signed a long-term uranium supply agreement with India worth about C$2.60 billion over nine years.
Alongside these developments, Cameco’s significant stake in Westinghouse, which has confidentially filed for a potential IPO, introduces an additional source of nuclear-sector exposure beyond uranium mining.
We’ll now examine how Cameco’s Cigar Lake restart and...