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No sign of uranium turnaround

The expected uranium market resurgence still looks a way off gauging from the actions of one of the world’s largest producers.

No sign of uranium turnaround No sign of uranium turnaround No sign of uranium turnaround No sign of uranium turnaround No sign of uranium turnaround

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.