TSX:CCOOil and Gas
Cameco (TSX:CCO) Is Up 5.2% After Restoring Full Output at Flood-Hit Uranium Operations
Cameco has confirmed that its Key Lake mill and McArthur River mine in northern Saskatchewan have resumed full production after a temporary halt caused by flood-related damage to a key supply bridge and resulting logistics constraints.
The company managed to restore operations using an alternative transport route without changing its 2026 production plan, highlighting resilience in its supply chain arrangements.
We’ll now examine how this restoration of full operations, despite ongoing...