Uranium Miner Cameco Lowers 2025 Production Forecast Amid McArthur River Mine Transition Delays
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7 Articles
Cameco cuts uranium forecast for McArthur River mine – Resource World Magazine
Cameco Corp. [CCO-TSX, CCJ-NYSE] has released an update regarding its 2025 uranium production plans. The company said delays in transitioning its McArthur River mine in Saskatchewan to new mining areas are expected to defer the extraction of pounds planned for 2025 and therefore impact this year’s production forecasts. Production from the McArthur River/Key Lake operation is now anticipated to be between 14 million and 15 million pounds of urani
Uranium Names Rally On Cameco 20% Guidance Cut
Cameco (TSX: CCO) has slashed its 2025 McArthur River/Key Lake forecast to 14–15 million U₃O₈ pounds (100% basis) from 18 million, a 3–4 million-pound cut that hit the tape after market. The company’s share, 69.8% basis, falls to 9.8–10.5 million pounds from 12.6 million pounds. Management pinned the downgrade on development delays and slower-than-expected ground […]
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