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Cameco slips to loss

One of the biggest uranium producers in the world swung to a net loss in the December quarter of 2015 and painted a picture of falling demand for 2016.

Mining Journal
The Rabbit Lake operation is the longest operating uranium facility in North America (photo: World Nuclear Association)

The Rabbit Lake operation is the longest operating uranium facility in North America (photo: World Nuclear Association)

In the face of higher quarterly and annual revenues, the company swung to a net loss of C$10 million (US$7.2 million) in the December quarter, compared with C$73 million in the same three months a year...

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