Canadian uranium mining in Kazakhstan stopped: Cameco is disappointed and surprised
The Inkai joint venture in Kazakhstan has stopped uranium mining. Kazatomprom explained that they had not approved the development project on time. The Canadian company is demanding clarification.
Cameco says production suspended at Inkai uranium mine in Kazakhstan
Cameco (NYSE:CCJ) said Thursday that controlling partner Kazatomprom has suspended production activity at the Inkai joint venture in Kazakhstan, citing the failure to receive an extension for submitting an updated Project for Uranium Deposit Development documentation from the government.
JV Inkai temporarily halts production at uranium deposit in Kazakhstan
JV Inkai, which is majority-owned by Kazakhstan’s national uranium producer Kazatomprom, has temporarily suspended production at block No. 1 of the domestic Inkai uranium deposit.
Uranium Stocks Jump As Cameco Supply In Kazakhstan Halted
Uranium stocks are rising on Thursday after Canadian producer Cameco said output from its Inkai joint venture in Kazakhstan was unexpectedly halted.
Cameco 'disappointed and surprised' by New Year's Day halt at uranium mine
Canadian uranium producer Cameco (CCOTO)(CCJ) says it’s “disappointed and surprised” by a production halt on New Year’s Day at a mine jointly owned with Kazakhstan's national atomic company. Saskatoon-based Cameco owns a 40 per cent stake in Joint Venture Inkai (JV Inkai).
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