Reuters reported that Cameco Corp remains confident that the long term outlook for uranium is solid despite global anxiety over radiation from an earthquake crippled nuclear plant in Japan.

Mr Jerry Grandey CEO of Cameco while speaking to Reuters in an exclusive interview at the Mining and Steel Summit said that “While the so called nuclear renaissance will be slowed by the crisis in Japan more uranium will be needed in the next few years to fuel reactors already online and under construction.”

(Sourced from Reuters)