Aug 28 (Reuters) - Canadian uranium supplier Cameco Corp ( CCJ )

said on Thursday the development delays in

transitioning the McArthur River mine in Saskatchewan to new

mining areas are expected to impact its 2025 production

forecast.

The company cited risks including development delays and the

expected timing of ground freezing as the mine transitions into

two new mining areas.

Additionally, challenges related to access to skilled labor

and the timing of commissioning new customized equipment are

also potential risks.

"Production from the McArthur River/Key Lake operation is

now anticipated to be between 14 million and 15 million pounds

of uranium concentrate (U3O8)," the company said, adding, this

production projection was lower than its previous forecast of 18

million pounds.

Cameco ( CCJ ) also said that it was unable to fully mitigate the

impact of delayed development and slower-than-anticipated ground

freezing in the first half of this year.

However, strong performance at the Cigar Lake mine may

partially offset the deferred McArthur River production, the

statement mentioned.