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Cameco suspends Cigar Lake uranium operations to reduce threat of COVID-19 spread [Toronto Globe and Mail (Ontario, Canada)]

Cameco Corporation (CCJ) 
Last cameco corporation earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: cameco.com/invest
Cameco suspends Cigar Lake uranium operations to reduce threat of COVID-19 spread A Cameco employee leads a media tour of the Cigar Lake uranium mine on Sept. 23, 2015. Liam Richards/The Canadian Press A Cameco employee leads a media tour of the Cigar Lake uranium mine on Sept. 23, 2015. Cameco Corp. has suspended operations at its massive Cigar Lake uranium mine in Saskatchewan to reduce the threat of spreading the novel coronavirus into remote communities in northern parts of the province. One of the biggest uranium mines in the world, Cigar Lake is located about 650 kilometers north of Saskatoon, and is a fly-in/fly-out operation. In a statement, Cameco said the decision to idle Cigar Lake for four weeks was motivated by the "restrictions enacted by the federal and provincial governments, the significant degree of concern among leaders in remote isolated communities of northern Saskatchewan, and the increased challenges of maintaining the recommended physical distancing.” The te Show less Read more
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