Uranium stocks surge on Cameco news

SHARES in local uranium companies jumped today after Canadian major Cameco announced it would suspend its largest uranium operation.

Uranium stocks surge on Cameco news Uranium stocks surge on Cameco news Uranium stocks surge on Cameco news Uranium stocks surge on Cameco news Uranium stocks surge on Cameco news

Cameco announced this morning that its McArthur River mine and Key Lake mill in Saskatchewan would be temporarily suspended by the end of January for 10 months due to continued uranium price weakness.