Cameco reported loss due to weak prices

MINEX Forum | July 28, 2016
img0 Image: www.cameco.com/ Cameco (TSX: CCO; NYSE: CCJ), the world’s No.2 uranium producer, reported its consolidated financial and operating results for the second quarter. Net losses were $137 million compared to net earnings of $88 million in the second quarter of 2015. Revenue shrunk from $565 million to $466 million a year earlier. The company explained net losses by impairment ...