Source: GlobalNewswire

Press Release: Cameco : Senator Minerals Expands Focus to Strategic Uranium Acquisitions

VANCOUVER, British Columbia, Nov. 16, 2017 (GLOBE NEWSWIRE) -- Senator Minerals Inc. (TSXV:SNR) (OTC:SNRAF) (Frankfurt:T1KA) ("Senator" or the "Company") is pleased to announce that, in light of the recent decision by Cameco Corporation to temporarily "suspending production" at the McArthur River mine, the Company is looking to expand its focus to the acquisition of additional advanced exploration projects and established deposits. The suspension at the McArthur River Mine, the world's largest operating uranium mine accounting for about 10% of global production, represents an opportunity for further strategic acquisitions in the sector at an opportune time in the market. The McArthur River Mine and Key Lake Mill complex are collectively the world's largest uranium operation and a shutdown of this magnitude will likely cause upward volatility in both the spot and long-term price of this globally essential commodity.

Read full article »

Top Competitors or Alternatives

Missing a competitor? Contribute!

Annual Revenue

Employees

Tim Gitzel's photo - President & CEO of Cameco

President & CEO

Tim Gitzel

CEO Approval Rating

74/100

Cameco operates as a uranium producer and also provides nuclear fuel processing services.

Cameco's headquarters is in Sas...
Read more