Cameco (TSX:CCO) Is Up 7.1% After Restoring Full Output At Key Saskatchewan Uranium Operations
Cameco recently reported that its Key Lake mill and McArthur River mine in northern Saskatchewan have returned to full production after a bridge collapse and spring flooding disrupted deliveries of critical operating materials, while its Cigar Lake mine continued operating. The company also confirmed that its 2026 production plan for the McArthur River/Key Lake operation remains intact despite the logistics setback, reducing concerns about broader operational disruption. With operations now...