Cameco to wait for higher uranium prices
Cameco to wait for higher uranium prices to start Australia production Oct. 28, 2015 3:15 PMSA Editor Carl Surran Cameco (CCJ+2.3%) says itwill not bring its Australian uranium projects into productionuntil prices improve, even as significant work has been completed at both the Kintyre and Yeelirrie projects.CCJ also says it is frustrated by roadblocks to uranium mining in Western Australia, particularly from the local Labor Party, which may stop new uranium mines from going ahead if elected.CCJ says uranium miners would need access to more Australian ports to export its products in the future, as Adelaide and Darwin are the only ports in the country that will accept uranium.