Fenster schließen  |  Fenster drucken

http://www.reuters.com/article/idUSN0716592220091207?type=ma…

UPDATE 2-Cameco to update Cigar Lake details early 2010
Expects to update costs, production start in Q1 or Q2


In an email on Monday, Cameco spokesman Lyle Krahn said it should have those estimates early next year.

"We anticipate completing a Cigar Lake technical report next year at the end of the first quarter or in the second quarter," he said.

However, Krahn said the company was still sticking to the 6-12 month timetable for pumping out the mine.

The world's richest unmined uranium deposit, Cigar Lake had been expected to produce 18 million pounds of uranium a year, or about 15 percent of global mined supply.

Providing a firm date on the mine's expected production start would provide some certainty to Cameco's plans to double uranium output over the next decade, but could also weigh on uranium prices, which have been helped by the uncertainty over the mine's future.

"That's something... that could impact the uranium market," said Simon Tonkin, an analyst at Thomas Weisel Partners.

Spot uranium prices soared a record high of $136 a pound in 2007 due to supply concerns, but have since come down, and were at $45.50 on Monday.

 
aus der Diskussion: Stehen wir vor einer neuen Rohstoff Hausse - speziell Uran
Autor (Datum des Eintrages): stargold123  (08.12.09 00:13:55)
Beitrag: 40 von 150 (ID:38524855)
Alle Angaben ohne Gewähr © wallstreetONLINE