Uranium shares spike as Canadian giant Cameco suspends production

10.11.2017

The uranium price slump has forced the world's largest producer, Cameco, to temporarily suspend production at two key operations from next year, driving Australian uranium miners' shares skywards.

Canadian giant Cameco on Thursday said it would shutter its MacArthur River mining and Key Lake milling operations for 10 months by the end of January, pulling a...