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No sign of uranium turnaround

Is Cameco move a market catalyst or a needed cut?

Daniel Gleeson
Cameco has cut production at Rabbit Lake by some 2.6MIb this year

Cameco has cut production at Rabbit Lake by some 2.6MIb this year

Late last week, Cameco cut over 4 million pounds of U3O8 from its 2016 production guidance on the back of continued spot price weakness. This involved suspending and cutting output from Rabbit Lake and...

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