Cameco Acquires Additional Stake in Cigar Lake Uranium Mine
Cameco (CCJ) has agreed to acquire an additional 5% stake in the Cigar Lake uranium mine from TEPCO Resources for approximately $115 million, increasing its ownership through a joint venture with Orano Canada. The deal is expected to strengthen Cameco's position in one of North America’s largest uranium mines.
Tickers: $CCJ
Topics: Cameco Cigar Lake joint venture Orano Canada TEPCO Resources