Cameco reports third consecutive quarterly loss

Cameco Corp. lost $2 million in the second quarter of 2017, marking the third consecutive three-month period in which the Saskatoon-based uranium miner has reported losing money despite more than a year of aggressive cost-cutting.
The company, which has been battling against the effects of plunging uranium prices for almost six years, reported second quarter revenue of $470 million early Thursday, amid planned production halts at its uranium operations in northern Saskatchewan.“We continue