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Rock Fall Floods Cameco Mine

Stock quotes in this article: CCJ  

Updated from 3:42 p.m. EDT

A rock fall at Cameco's(CCJ Quote) Cigar Lake uranium project caused a water inflow into the mine's underground areas, which will significantly delay production at the site.

The uranium producer said Monday afternoon that all underground areas of the Cigar Lake project, located in northern Saskatchewan, are expected to be filled with water after efforts to protect the main shaft weren't successful.

Earlier in the day, the company said that just a portion of the site was filled. ...

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