Cameco acquires TEPCO's 5% interest in Cigar Lake
The $115.75 million deal increases Cameco's stake to 57.418%.
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Uranium producer and nuclear fuel supplier
cameco.comLast updated
In short: Cameco reached a $2.6 billion supply deal with India and increased its ownership in the Cigar Lake mine while restoring full operational output.
The $115.75 million deal increases Cameco's stake to 57.418%.
Operations had been disrupted after the Smoothstone River Bridge partially collapsed due to flood waters.
Ontario Government announces support for next phase of pre-development work on Bruce C Project. This advances clean energy options for the province.
Financial results show net earnings of $131 million and adjusted EBITDA of $509 million. Operational performance meets expectations with unchanged annual guidance. Nuclear energy supports long-term growth.
Nine stocks benefiting from AI infrastructure spending, including Taiwan Semiconductor, Micron, and NextEra Energy, are recommended.
On June 15, 2026, Cameco Corp (CCJ) shares rose 6.0% today, bringing the current price to $107.02. The stock has seen a 52-week range between...
A ‘second nuclear age’ looms, but the industry faces a major uranium problem.
Cameco and Orano Canada plan to acquire TEPCO Resources' stake in the Cigar Lake uranium mine joint...
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