Cameco Voluntarily Suspends Shipments Due to Wildfires in Saskatchewan

Cameco Corp. (TSX:CCO,NYSE:CCJ) announced that production at its McArthur River, Key Lake, Cigar Lake and Rabbit Lake uranium operations have not been interrupted be forest fires in Saskatchewan, but the company has voluntarily suspended shipments due to reduced road traffic and flight restrictions.
As quoted in the press release:

Cameco has implemented additional measures to protect the health and safety of people and the environment at its facilities and is assisting northern communities in fighting the fires and supporting evacuees. None of Cameco’s operations are directly threatened by the fires which are concentrated in north central Saskatchewan.
Road closures and flight restrictions at northern airstrips are creating logistical challenges to keep the operations supplied with essential materials and staffed. About half of the workforce at Cameco’s Saskatchewan operations are residents of northern Saskatchewan and evacuations of workers and their families are creating additional challenges.
In order to keep non-essential traffic off the two hard-surface roads that connect its operations with southern Saskatchewan, Cameco voluntarily suspended shipments of packaged uranium from its milling facilities. The roads have been periodically closed due to poor visibility related to smoke and proximity to fire. Product is being safely stored and will be shipped once the fire situation improves.
Cameco expects to meet its 2015 production target of 25.3 to 26.3 million pounds and its 2015 sales target of 31 to 33 million pounds.

Click here to read the full Cameco Corp. (TSX:CCO,NYSE:CCJ) press release.