28-07-2017 01:35 via thestarphoenix.com

'The price is clearly below where it needs to be': Cameco reports third consecutive quarterly loss

Six and a half years after reactor shutdowns following the Fukushima Daiichi nuclear disaster sent the global uranium market spiralling downward, Cameco Corp. continues to struggle despite drastic reductions to its overhead, the result of more than a year spent aggressively cutting costs. 
The Saskatoon-based uranium miner on Thursday reported losing $2 million on revenues totalling $470 million in the second quarter of 2017, marking the third consecutive three-month period in which it has
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