Cameco Sees Japan Uranium Recovery After Fukushima

Cameco Sees Japan Uranium Recovery After Fukushima

Geoff Howe/Bloomberg

A geologist at Cameco Corp.'s Cigar Lake uranium mine surveys a mine shaft in northern Saskatchewan, Canada. A recovery in Japanese buying may help the uranium-mining industry, which has canceled or deferred billions of dollars of investments as the price of the commodity fell as much as 40 percent.