Cameco Lifts Cigar Lake Stake to 57% After TEPCO Buyout

Cameco (TSX: CCO) is tightening its grip on the highest grade uranium mine on the planet. The company, alongside joint-venture partner Orano Canada, has agreed to buy out TEPCO Resources’ 5% stake in the Cigar Lake Joint Venture. Once the deal closes, Cameco’s interest in the northern Saskatchewan operation climbs 2.871% to 57.418%, while Orano […] The post Cameco Lifts Cigar Lake Stake to 57% After TEPCO Buyout appeared first on the deep dive.