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    market news

    Cameco Delays Kintyre Mine Decision

    Investing News Network
    Jul. 30, 2012 03:00PM PST
    Energy Investing

    Mining Weekly reported Cameco (TSX:CCO,NYSE:CCJ) is waiting for market conditions to improve before developing its Kintyre mine.

    Mining Weekly reported Cameco (TSX:CCO,NYSE:CCJ) is waiting for market conditions to improve before developing its Kintyre mine.

    As quoted in the market news:

    Speaking to analysts during the company’s second-quarter results presentation, CEO Tim Gitzel said that a recent prefeasibility study had indicated that the project economics were not as favourable as had been hoped.

    Click here to read the full Mining Weekly report.

    tsx:ccomarket newsnyse:ccjprefeasibility study
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