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Investor's Business Daily

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Uranium Stocks Jump As Cameco Supply In Kazakhstan Halted

Investor's Business Daily
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Uranium stocks and ETFs are rising on Thursday after uranium production halted in Kazakhstan .

Canadian producer Cameco said output from its Inkai joint venture in Kazakhstan was unexpectedly halted due to a lapse in authorization from the government.

Cameco stock rose modestly, but other uranium plays caught a bid, with the Sprott Uranium Miners ETF jumping.