CJ6.F is trading 2.1% up now at $86.44 as investors digest the temporary suspension of production at the Cigar Lake uranium mine.
- The suspension was driven by required repairs at Orano’s McClean Lake mill sulfuric acid plant, which processes the mine's ore.
- Cameco expects milling operations to restart in approximately two weeks and does not currently anticipate a material impact on its 2026 production outlook.
- The company has cautioned that while the current disruption is expected to be brief, prolonged repair efforts could introduce downside risks to production targets.