Cameco uranium push goes on

The Australian reports Cameco Corp. (TSX:CCO,NYSE:CCJ) is pushing to win government approvals for its Kintyre uranium project in Western Australia.

The market news is quoted as saying:

But Cameco’s push for approval comes amid heightened anxiety about uranium following the earthquake and tsunami in Japan, which caused catastrophic damage to nuclear reactors at Fukushima and the release of radiocative material.

Cameco and Mitsubishi bought Kintyre from Rio Tinto for $US495 million in 2008, just before WA’s Barnett government overturned a ban on uranium mining.

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