TSX:CCOOil and Gas
What Cameco (TSX:CCO)'s Swift Cigar Lake Restart and Steady Outlook Means For Shareholders
Cameco recently reported that its Cigar Lake mine in northern Saskatchewan has resumed production after a temporary halt linked to processing challenges at Orano’s McClean Lake mill, which has also restarted, with Cigar Lake’s 2026 production outlook still guided between 17.5 million and 18.0 million pounds of U3O8 on a 100% basis.
The quick restart of both the mine and mill, without any change to Cameco’s full-year Cigar Lake output plans, may reassure investors about the resilience of one...