uranium news, page-7

Hold a few Cameco. Cigar lake move from Care and Maintenance back to production. Despite trying they have a active case.

Saskatchewan has a reasonably low 5 new cases yesterday so it may not be out of control.

Another cut is interesting to the U price "Orano said that while the company will not be able to make up for lost production over the course of the past months, they are aiming for 4.7-million kilograms of packaged production in 2020."

https://globalnews.ca/news/7353132/coronavirus-covid-19-mcclean-lake-uranium-mill-northern-saskatchewan/

Russia production?

"Kazakhstan to Stop Resuming Flights to Prepare For Global COVID-19 SpikeBy Assel Satubaldina in International on 2 October 2020NUR-SULTAN – Kazakhstan will stop resuming flights with other countries starting Oct. 5 amid the global spike in COVID-19 cases, said Kazakh Minister of Healthcare Alexey Tsoy at an Oct. 1 press briefing"

"The uranium industry is setting up for a classic commodity supply-demand imbalance, which should benefit mining companies in this space, writes McAlinden Research Partners." It seems unlikely the Uranium price can stay stationary for much longer.