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Cameco declares commercial production at Cigar Lake

By:  
Creamer Media Deputy Editor: North America
 
URANIUM
Canadian uranium major Cameco on Friday announced that it had declared commercial production at its Cigar Lake operation, in Saskatchewan, effective May 1. The TSX- and NYSE-listed miner had suffered several setbacks in developing the mine over the years, as frequent flooding and problems with freezing the earth around the underground passages delayed production.
 
 
 
 
 

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