Production from the mine is now anticipated to be between 14 million and 15 million pounds of uranium concentrate compared to previous forecast of 18 million pounds, Cameco says.

Canadian uranium supplier Cameco Corp CCO-T said on Thursday the development delays in transitioning the McArthur River mine in Saskatchewan to new mining areas are expected to impact its 2025 production forecast.

The company cited risks including development delays and the expected timing of ground freezing as the mine transitions into two new mining areas.

Additionally, challenges related to access to skilled labour and the timing of commissioning new customized equipment are also potential risks.

“Production from the McArthur River/Key Lake operation is now anticipated to be between 14 million and 15 mill

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