Check out today’s news about Cameco’s reduction in production, signaling the larger players can no longer sustain the current low prices.
“2017 could make us look at changes to our inventory position, our production profile and our purchasing activity;
all of those effects of the Tepco situation,” Cameco Chief Executive Tim Gitzel said at an investor conference in Florida.
Cameco “won’t be very compromising” in its legal position against Tepco, Gitzel said.
