BUZZ-Aussie uranium miners extend gains as Cameco production halt lifts sentiment

Australian uranium producers extend gains for a second consecutive session

Stocks climb after a major Canadian uranium fuel provider announced it had suspended operations at its plant

Paladin Energy PDN.AX and Boss Energy BOE.AX extended their rallies to gain as much as 6.9% and 6.5%, respectively

Cameco, the Canadian uranium giant, said production was suspended last week at its Kazakhstan-based uranium plant Inkai

Shares of Deep Yellow DYL.AX, which handles major uranium operations, surge 5.7% to hit their highest levels since early-Nov 2024

PDN stock gained 4.3% on Friday, BOE added 5.2% while DYL ended the day 9.4% in the green

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.shaikh@thomsonreuters.com))