TSX:CCOOil and Gas
Is Cigar Lake’s Restart And Steady 2026 Output Guidance Altering The Investment Case For Cameco (TSX:CCO)?
Cameco recently confirmed that its Cigar Lake uranium mine in northern Saskatchewan has resumed production and restarted ore shipments after a temporary suspension caused by sulfuric acid plant issues at Orano’s McClean Lake mill.
The company also reiterated that its 2026 Cigar Lake production outlook of 17.5 million to 18.0 million pounds of U3O8 on a 100% basis remains unchanged, easing concerns about any lasting operational impact from the disruption at the partner-operated mill.
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