Cameco Temporarily Halts Operations at Cigar Lake Mine in Canada

MT Newswires Live
2 hours ago

Cameco (CCJ) temporarily suspended operations at its Cigar Lake mine in Saskatchewan, Canada due to challenges at Orano's McClean Lake mill, which processes ore from Cigar Lake, Cameco said Wednesday.

Operational challenges with the sulfuric acid plant led Orano to shut down the mill but repair work is already ongoing, and Orano is also considering alternative sources acid supply while waiting for replacement parts to complete repairs, Cameco said.

Cameco expects the McClean Lake mill to resume operations in two weeks and said it does not expect the disruption to impact Cigar Lake's 2026 production outlook.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10