Cameco pulls out of uranium mine plan due to dismal uranium market
Poor markets put Saskatchewan uranium mine plan on hold Global News, By Staff The Canadian Press SASKATOON 18 May 14 – Cameco Corporation (TSX:CCO) has withdrawn its application to build and operate a new underground uranium mine in northern Saskatchewan.
The mining company says in a statement on its website that it has also asked the Canadian Nuclear Safety Commission to postpone a hearing scheduled next month into a licence application for the Millennium Mine project.
Cameco cites poor economic conditions in world uranium markets…..http://globalnews.ca/news/1338415/poor-markets-put-saskatchewan-uranium-mine-plan-on-hold/
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