Cameco CEO to Investors: Look Past Tariff ‘Noise’ and Toward Long-Term Uranium Demand

Cameco CEO to Investors: Look Past Tariff ‘Noise’ and Toward Long-Term Uranium Demand
A patch is seen on an employee during a Cameco media tour of the uranium mine in Cigar Lake, on Sept. 23, 2015. The Canadian Press/Liam Richards
|Updated:
0:00

The chief executive of Saskatchewan-based uranium miner Cameco Corp. is encouraging investors to tune out the “noise” from global trade and geopolitical upheaval and instead focus on the strong outlook for nuclear power demand.

“There is no doubt that those distractions have created new and unexpected risks that must be carefully monitored and diligently managed,” Tim Gitzel told analysts on a conference call to discuss the company’s first-quarter results.