Cameco to expand uranium resources

Uranium Investing News & U308.biz report Cameco Corp., uranium giant to expnad its uranium resources.

The anticipated supply problem, the rising demand for nuclear fuel and slashed valuations of uranium miners presents a perfect opportunity for majors like Cameco to expand their resources in time for rebounding uranium prices. Grandey told attendees at the Reuters Global Mining and Steel Summit in New York that Cameco is looking to take advantage of depressed share prices.

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