Cameco takes its time with Cigar Lake

THE world’s largest uranium producer, Cameco, is making progress to restore underground workings at its massive Cigar Lake project in Canada following the devastating flooding in October last year, but the company said it will take its time to develop remediation plans to make sure the job is done properly.

Cameco takes its time with Cigar Lake Cameco takes its time with Cigar Lake Cameco takes its time with Cigar Lake Cameco takes its time with Cigar Lake Cameco takes its time with Cigar Lake

The flooding at the mine, which is set to be one of the world's largest uranium producers, helped push the price of uranium to new highs.

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