Markets.News
SASKATOON, Saskatchewan-- Cameco (TSX: CCO; NYSE: CCJ) announced an operational update regarding its 2025 production targets. The McArthur River mine's transition to new mining areas is facing delays, impacting the planned extraction of pounds for 2025 and subsequently affecting the production forecast for the same year. Despite this setback, robust performance at the Cigar Lake mine offers a chance to offset some of the deferred McArthur River production. Cameco remains optimistic about maintaining a balanced production approach as it navigates through these challenges.