Browsing Tag
McClean Lake
4 posts
Cigar Lake is producing again, so why are Cameco shares still under pressure?
Cameco Corporation has resumed Cigar Lake production after a two-week mill disruption, but the outage exposed a critical processing dependency as its ownership rises.
July 19, 2026
Cameco closes C$115.7m Cigar Lake deal as control of tier-one uranium assets tightens
Cameco has increased its ownership of Cigar Lake to 57.418%, giving the uranium producer a larger share of one of the world’s highest-grade operating mines. The purchase strengthens long-term production exposure, but a temporary milling disruption highlights the infrastructure risks attached to even the strongest uranium assets.
July 5, 2026
Denison Mines advances Phoenix uranium mine as DNN investors watch 2028 production timeline
Uranium demand is rising, but new mines are rare. Denison Mines’ Phoenix build now tests whether DNN can convert scarcity into supply.
May 13, 2026
Orano Canada, Denison Mines launch uranium mining project with SABRE Technology
Orano Canada Inc., in collaboration with Denison Mines Corp., has announced a significant step in their McClean Lake…
January 28, 2024