Hundreds of jobs cut, dividends slashed as Cameco shuts 2 Sask. uranium sites

Source: Brandon Harder, Ashleigh Mattern, CBC News, November 9, 2017 

845 positions to be laid off represents 20% of company’s workforce, CEO says

For one Cameco employee, the company shutting down production at two sites in Saskatchewan is not all that surprising.

After all, the uranium market has been poor.

Read full article here….

Image Source: Bernie Clavelle, a maintenance planner at Key Lake, said he thought a shutdown might happen due to poor prices in the uranium market, but he didn’t expect it to last 10 months. (Albert Couillard)

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