'The hottest it's ever been': Canada's mining sector booms as labour shortages tighten [Yahoo! Finance Canada]
Cameco Corporation (CCJ)
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Source: Yahoo! Finance Canada
such as gold and copper , but it's now facing a shortage of skilled workers that could delay projects and further expansion. Mining is “the hottest it's ever been,” driven by record prices for gold, silver and other commodities, Gustavo Jurado, senior economist at the Mining Industry Human Resources Council, said. The Bank of Canada's metals and minerals price index hit a record 1,093.9 last month, reflecting surging global demand. As a result, employment in mining and quarrying has climbed to a record 100,000 workers nationwide, roughly 20 per cent higher than the previous peak. Unemployment in the sector sits at just 2.6 per cent, compared with 6.8 per cent nationally. “Every mining operation is running at full cylinders; everyone's expanding, everyone's exploring and there's a lot of investment,” Jurado said. But the boom is creating a bottleneck because mining companies are struggling to find skilled workers, particularly in the trades. “We've been hearing about people h
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- Cameco (NYSE:CCJ) (TSE:CCO) had its "outperform" rating reaffirmed by analysts at Raymond James Financial, Inc..MarketBeat
CCJ
Earnings
- 11/5/25 - Miss
CCJ
Sec Filings
- 1/7/26 - Form 144
- 1/5/26 - Form 144
- 1/5/26 - Form 144
- CCJ's page on the SEC website