Cameco Responds to Announcement by Kazatomprom [Canadian Business Journal (Canada)]
Cameco Corporation (CCJ)
Last cameco corporation earnings: 5/1 07:00 am
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Source: Canadian Business Journal
SASKATOON, Saskatchewan, April 07, 2020 (GLOBE NEWSWIRE) —CamecoThe reduction in activity will impact production from Joint Venture Inkai LLP (JV Inkai), a uranium operation jointly owned by Cameco (40%) and Kazatomprom (60%). Based on information provided by JV Inkai, Cameco’s preliminary assessment of the effects of Kazatomprom’s decision is a reduction in Inkai’s 2020 production of up to 12%, which translates into a reduction in Cameco’s 2020 purchases from JV Inkai of up to 600,000 pounds of U38The decision to temporarily decrease operational activity at JV Inkai is an unplanned event that may lead to variability in the 2020 outlook we provided in our Annual MD&A; however, it is too soon to quantify what the impact might be on the market. We will continue to assess the situation and will provide an update when we can better ascertain what the implications of this decision and other impacts on our business related to COVID-19 might be for this year’s outlook.The Inkai operation is
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CCJ
Earnings
- 11/5/25 - Miss
CCJ
Sec Filings
- 11/5/25 - Form 6-K
- 10/31/25 - Form 6-K
- 10/28/25 - Form 6-K
- CCJ's page on the SEC website