“Cameco may cut uranium output further, as prices stay low” – Nasdaq.com

  Feb 28, 2017   in CEO Blog, Uranium News

Check out today’s news about Cameco’s reduction in production, signaling the larger players can no longer sustain the current low prices.

“2017 could make us look at changes to our inventory
position, our production profile and our purchasing activity;
all of those effects of the Tepco situation,” Cameco Chief
Executive Tim Gitzel said at an investor conference in Florida.
Cameco “won’t be very compromising” in its legal position
against Tepco, Gitzel said.

Read more at Nasdaq.com