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Cameco move shifts uranium market sentiment

Global uranium stocks have jumped in the past 10 or so hours after Canadian major Cameco (US:CCJ) announced it would suspend its largest uranium operation.

Kristie Batten
Cameco is turning off the taps at McArthur River

Cameco is turning off the taps at McArthur River

Cameco said its McArthur River mine and Key Lake mill in Saskatchewan, Canada, would be temporarily suspended by the end of January for 10 months due to continued uranium price weakness.   The uranium...

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