Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199


Search Uranium Stocks
Uranium Price
Our RSS Feed

Uranium Updates

Enter your email address:

Follow Us on Twitter
« Jim Rickards Exclusive Interview: The Fed Basically Still Uses LTCM’s Financial Models | Main | Japan edges back towards nuclear power with vote to restart reactors »

Uranium producer Cameco expects up to 5 pct fall in revenue

Chart courtesy of

Oct 29 (Reuters) - Canadian uranium producer Cameco Corp said it expected full-year revenue to fall up to 5 percent as it trims production to account for labor issues at its mines.

Shares of the company, which reported lower-than-expected quarterly revenue, fell 4 percent to C$18.76 on the Toronto Stock Exchange on Wednesday.

Cameco trimmed its 2014 uranium production forecast to between 22.6 million-22.8 million pounds, from 22.8 million- 23.3 million pounds.

The company said it cut the production forecast to reflect the impact of labor issues at its McArthur River, Saskatchewan mine and Key Lake mill and lower-than-expected production from Cigar Lake mine.

Read more....

If you would like to know which stocks we are buying and selling please join us atStock Trader our premium investment service.

Winners of the GoldDrivers Stock Picking Competition 2007 

Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

Please remember to check your spam folder once you have subscribed to ensure that our verification email has not gone astray and you are getting our emails.

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.
Author Email (optional):
Author URL (optional):
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>