07:14 AM EST, 01/27/2025 (MT Newswires) -- Cameco ( CCJ ) down 8.5% in U.S. premarket trading, on Monday said the Inkai uranium operation in Kazakhstan has resumed production.

Production was suspended on Jan. 1 after Cameco's ( CCJ ) 40%-owned JV Inkai was late submitting updated project documentation to the Ministry of Energy. Cameco ( CCJ ) and Kazatomprom, which owns 60% of JV Inkai, are now working to determine the impact of the production suspension on the operation's 2025 production plans.

The company's shares were last seen down US$4.77, to US$51.23, in New York trading.