Cameco Clears way for Rio’s Hathor Deal
Reuters reported Cameco Corp (TSX:CCO,NYSE:CCJ) has backed out of a bidding war for Hathor (TSX:HAT).
Reuters reported Cameco Corp (TSX:CCO,NYSE:CCJ) has backed out of a bidding war for Hathor (TSX:HAT).
Bloomberg reported Rio Tinto Group (NYSE:RIO) received clearance from the Canadian Competition Bureau to buy uranium miner Hathor Exploration Ltd. (TSX:HAT).
Bloomberg.com reports Rio Tinto Group said production losses at its Rossing uranium mine in Namibia were “limited” . Workers at the mine threatened to strike if management fail to address grievances over pay and working conditions within the next seven days, the Namibian reported. Rossing missed “several hours” of output yesterday after miners stopped work to [...]
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