PEN 0.00% 6.3¢ peninsula energy limited

shutdown looms at cameco's port hope plant

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    Let's hope this helps the price of uranium....

    TORONTO, Nov 13 (Reuters) - Cameco Corp (CCO.TO: Quote, Profile, Research, Stock Buzz) has told the union representing workers at its Port Hope, Ontario, uranium conversion facility it will likely suspend plant operations next month due to problems with its supply of hydrofluoric acid, the union said on Thursday.

    The shutdown, which would likely last until mid-2009, could result in as many as 450 layoffs, said United Steelworkers local President Chris Leavitt, who spoke to Cameco officials on Wednesday.
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