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Cameco Corporation reports news about uranium fuel supply, nuclear fuel-cycle services, and its interests in Westinghouse Electric Company and Global Laser Enrichment. Company updates commonly address the Uranium, Fuel Services, and Westinghouse segments, including production at McArthur River, Key Lake, Cigar Lake, and operations in Canada and Kazakhstan, along with long-term uranium contracting for utilities and government nuclear programs.
Recurring developments also include IFRS financial results, annual guidance, site operating conditions that affect mining or milling activity, dividend and shareholder-meeting matters, director elections, annual reporting, and supply-chain responsibility disclosures. Cameco's shares trade on the Toronto Stock Exchange under CCO and the New York Stock Exchange under CCJ.
Cameco (NYSE: CCJ, TSX: CCO) reported that its Cigar Lake uranium mine in northern Saskatchewan has resumed production after a temporary suspension linked to challenges at Orano’s McClean Lake mill, where its ore is processed. The McClean Lake mill is back in operation, and Cigar Lake has restarted mining and begun shipping stockpiled ore to the mill.
According to Cameco, the 2026 production outlook for Cigar Lake remains unchanged at 17.5 million to 18.0 million pounds of U3O8 on a 100% basis, despite the recent interruption.
Cameco (NYSE:CCJ) has closed the acquisition of TEPCO Resources’ 5% participating interest in the Cigar Lake Joint Venture, shared with Orano Canada.
Cameco’s ownership in the Cigar Lake uranium mine in northern Saskatchewan has increased by 2.871 percentage points to 57.418%, while Orano’s share has risen by 2.129 percentage points to 42.582%.
Cameco (NYSE:CCJ) has temporarily suspended mining at its Cigar Lake uranium operation in northern Saskatchewan due to operational challenges at Orano’s McClean Lake mill sulfuric acid plant.
Cameco expects milling to resume in about two weeks and currently does not expect an impact on its 2026 Cigar Lake production outlook, but notes that extended repairs or acid supply issues could affect 2026 output.
Cameco (NYSE:CCJ) released its 2025 Sustainability Report, outlining progress on environmental, social and governance indicators and enhancements to reporting frameworks. The report incorporates SASB indicators, advances alignment with TCFD recommendations, and includes third-party limited assurance on selected metrics.
Highlights for 2025 include nine site-specific climate adaptation plans, $292 million procured from northern-owned companies, a >20% reduction in Total Recordable Injury Rate since 2023, 49% Indigenous workforce at northern Saskatchewan operations, and over $1 million donated through an employee giving campaign.
Cameco (NYSE:CCJ)/b) highlights a US Department of Energy Office of Energy Dominance Financing conditional commitment for up to in American Nuclear Supply Chain Loans.
The package is expected to support Westinghouse AP1000 reactor long-lead purchases for up to 10 US reactors via project vehicles, subject to extensive conditions and approvals.
Cameco (NYSE:CCJ) and Orano agreed to acquire TEPCO’s 5% interest in the Cigar Lake uranium joint venture. Cameco’s stake will rise by 2.871 points to 57.418%, Orano’s to 42.582%, for Cameco’s purchase cost of about $115.75 million, subject to adjustments.
The deal, expected to close in Q3 2026 pending regulatory approvals, adds exposure to reserves of 172.4M lb U3O8, measured and indicated resources of 26.3M lb, and inferred resources of 20.0M lb. 2026 Cigar Lake production is forecast at 17.5–18M lb U3O8 (100% basis), with development at CLExt aimed at extending mine life to 2036.
Cameco (NYSE: CCJ) reports that the McArthur River mine and Key Lake mill have resumed full production after a supply disruption caused by flooding-related damage to the Smoothstone River Bridge in northern Saskatchewan.
The 2026 consolidated production outlook remains unchanged at 19.5–21.5 million pounds of U3O8 (Cameco's share), though the company notes ongoing seasonal road access risks.
Cameco (NYSE:CCJ) issued an update on its northern Saskatchewan operations following regional flooding that collapsed the Smoothstone River Bridge, a key supply route to McArthur River and Key Lake.
Production is halted at Key Lake and reduced at McArthur River, while Cigar Lake operates and the consolidated annual production plan remains unchanged, although the 2026 outlook for McArthur River/Key Lake could be affected if road restrictions persist.
Cameco (NYSE: CCJ) announced the election of nine directors at its annual meeting on May 7, 2026. Shareholders elected Tammy Cook-Searson, Catherine Gignac, Tim Gitzel, Marie Inkster, Kathryn Jackson, Don Kayne, Peter Kukielski, Dominique Minière and Leontine van Leeuwen-Atkins.
Voting tallies show overwhelming support, with individual "For" votes ranging from 98.13% to 99.78%. Cameco is a global uranium fuel provider with head office in Saskatoon and listings on Toronto and New York exchanges.
Cameco (NYSE:CCJ) reported Q1 2026 results on May 5, 2026. Consolidated revenue was $845M, net earnings $131M, adjusted net earnings $203M, and adjusted EBITDA $509M. Cash, equivalents and short-term investments were $1.1B with $1.0B total debt and a $1.0B undrawn credit facility.
Uranium segment ANE: earnings before tax $358M, adjusted EBITDA $423M; production guidance remains 19.5–21.5M lb U3O8 (our share) for 2026. Fuel services and Westinghouse results also reported; annual guidance unchanged.