Cameco’s Gitzel Says Uranium Deficit May Loom

Bloomberg reported Cameco Corp. (TSX:CCJ,NYSE:CCO) said some investors underestimate the potential for supply shortfalls.

As quoted in the market news:

Disruptions in mine production, the difficulty faced by development companies in raising funds for new mining projects, and the end of a Russian deal to supply uranium from scrapped atomic warheads may help create a supply deficit, Chief Executive Officer Tim Gitzel said in an interview.

Click here to read the full Bloomberg report.