Saturday, September 13, 2025

Cameco Blindsided: Inkai JV Sees Production Halted

Cameco (TSX: CCO) has started 2025 off with a bang. But not the good kind.

On the first trading day of the year, the company disclosed that it has seen production halted at its joint venture in Kazakhstan with the world’s largest uranium producer, Kazatomprom.

Why the halt? The venture failed to submit required documentation on time to authorities. A total boneheaded move. Or was it?

Let’s dive in.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

One Response

  1. I was living a couple of years in the Middle East and Africa. When I read articles like that about Inkai it sounds very familiar to me. In these regions there are other business rules that does not fit to western compliance rules. Kazatomprom has to find a way to deal with this situation.

Video Articles

Soma Gold Q2 Earnings: Production Drops Amid Growth Effort

Guanajuato Q2 Earnings: Things Are Going Backwards

Electric Metals: The Sole US Domestic Source Of A Critical Mineral?

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Cameco’s Q3 2024 Profits Sink 95% Despite 25% Revenue Surge

Cameco Corp. (TSX: CCO) reported its third-quarter 2024 earnings, showing notable growth in revenue and...

Thursday, November 7, 2024, 02:36:00 PM

Cameco 2024 Revenue Surges But Earnings Still Down Following Westinghouse Acquisition

Cameco (TSX: CCO) has released its financial and operating results for Q4 and year ended...

Thursday, February 20, 2025, 10:49:00 AM

Cameco: Canaccord Anticipates Mixed Results For Q2 2022

Cameco (TSX: CCO) is expected to report its second quarter financial results on July 27...

Monday, July 25, 2022, 04:47:00 PM

Cameco: BMO Lifts Price Target To $42 Following Positive Uranium Price Move

On March 30th, BMO Capital Markets raised their rating and 12-month price target on Cameco...

Sunday, April 3, 2022, 11:08:00 AM

Cameco CFO Clears The Air With “Four Really Important Facts”

In a bid to dispel concerns surrounding Cameco’s (TSX: CCO) market pricing, CFO Grant Isaac...

Wednesday, March 6, 2024, 09:29:00 AM