Cameco is breaking ground on new ways to mine uranium

Cameco’s Cigar Lake is the only mine in the world using the jet boring method. Article content

Many countries around the world are looking to build out their capacity for nuclear power as they try to reduce their carbon emissions, which has created an increased demand for uranium.

But the market for uranium has also been undergoing some major changes due to sanctions on Russia because of its invasion of Ukraine. There have been quite a few changes on the operations front, too.

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