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Uranium Week: Uranium Company Updates

Aug 03 2021
As the uranium spot price remained unchanged last week, the world’s largest uranium company and several small ASX-listed companies released financial results.
-Cameco expects to produce up to 12mlbs in 2021
-Shaw and Partners view on two ASX-listed companies
-Uranium spot price rises by less than 1% for the month
By Mark Woodruff
Canadian uranium producer
Cameco last week reported a net loss of -US$29.4m for its second quarter ended June 30.
President and CEO Tim Gitzel noted the company added an additional 7mlbs to its long-term sales contract portfolio, bringing the total contracted so far in 2021 to 16mlbs.
The company reported production of 1.2mlbs for the second quarter, and expects to produce up to 12mlbs on a 100% basis in 2021, provided there are no further disruptions due to covid-19, forest fires, or any other cause. ....

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Uran wieder im kommen...: IsoEnergy beginnt ehrgeiziges Explorationsprogramm!

Uran wieder im kommen...: IsoEnergy beginnt ehrgeiziges Explorationsprogramm!
wallstreet-online.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wallstreet-online.de Daily Mail and Mail on Sunday newspapers.

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The Briggs wildfire has left the Cigar Lake mine in northern Sask unharmed.But keep burning

The Briggs wildfire has left the Cigar Lake mine in northern Sask unharmed.But keep burning
According to Cameco, which operates the facility, the Briggs fire near the Cigar Lake uranium mine in northern Saskatchewan has continued to burn, but it has now passed the main camp and “has no serious impact on the site.”
Company spokesperson Jeff Hryhoriw told CBC News on Friday afternoon that early inspections showed no structural damage to any buildings and all assets were intact.
He said that all 80 basic mine workers who remained at the site were safe and helped wildfire personnel to put out the hot spots. Cameco staff and a provincial wildfire team from the Saskatchewan Public Safety Agency (SPSA) are still at the scene. ....

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Cameco says fire situation 'remains active' at Cigar Lake uranium mine

Prince Albert Daily Herald
By Friday evening the fire was mostly dispersed to the northwest and southwest of the site
A sprinkler system activates while smoke fills the air near the Cigar Lake mine in northern Saskatchewan on July 1, 2021. Submitted photo
Cameco provided an update today after evacuating most employees from the Cigar Lake uranium mine in northern Saskatchewan because of an active wildfire.
The wildfire has moved past the main camp area “without serious impact” to the site, the company said in a written statement. While inspections continue, Cameco has found no structural damage to buildings and all assets appear intact. ....

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Evacuation ordered due to forest fire burning near Cigar Lake mine

Evacuation ordered due to forest fire burning near Cigar Lake mine
panow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from panow.com Daily Mail and Mail on Sunday newspapers.

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