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Cameco Declares Commercial Production at Cigar Lake

Cameco has faced some difficulties at its Cigar Lake mine. However, the company announced Friday that the operation was in commercial production as of May 1. The mine remains on track to achieve its annual production target of 6 to 8 million packaged pounds of uranium for the year, and its long-term production target of 18 million pounds by 2018 also remains in place,

Plateau Uranium Increases Resource Estimates for Macusani Plateau Properties

Plateau Uranium continues to make progress at its uranium projects on Peru's Macusani Plateau. Most recently it significantly increased the collective mineral resource estimate for those properties. The indicated resource for all of those projects now sits at 51.9 million pounds at 248 parts per million U3O8, while the inferred resource comes to 72.1 million pounds at 251 ppm U3O8.