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Global Laser Enrichment
Cameco buys into PhosEnergy technology
Australia's Uranium Equities has announced that Canada's Cameco is to partner it in the continued development and commercialization of the PhosEnergy process for extracting uranium from phosphates.
Tue, Nov 10 2009
Cameco tackles Cigar Lake flooding again
Cameco has resumed pumping out water from its partially-flooded Cigar Lake uranium mine in Saskatchewan, Canada, but says that it may take up to a year to fully dewater and secure the mine.
Mon, Oct 26 2009
Port Hope restarts production
Uranium hexafluoride production has resumed at Cameco's Port Hope conversion plant, after almost two years of near-continuous interruptions to operations.
Thu, Jun 18 2009
Cameco raises equity
Canada's Cameco Corp reported that it had raised some C$460 million ($360 million) through the completion of a public offering. Meanwhile, remediation of the Cigar Lake uranium mine continues.
Fri, Mar 6 2009
Cameco to rename its Zircatec subsidiary
Cameco plans to change the name of its Zircatec Precision Industries subsidiary to Cameco Fuel Manufacturing. The Canadian nuclear regulator, the Canadian Nuclear Safety Commission (CNSC), has approved an amendment of Zircatec's operating licence for its nuclear fuel facility to reflect the name...
Wed, Dec 10 2008
Cameco suspends UF6 production
Cameco has announced that it has suspended production at its uranium hexafluoride (UF 6 ) plant in Port Hope, Ontario, until the second half of 2009. A dispute with a supplier has led to a lack of hydrofluoric acid (HF) feed stock.
Fri, Nov 28 2008
Uranium companies weathering the storm
Cameco has revised its 2008 uranium production forecasts, and First Uranium has announced a delay in commissioning the uranium plant at Ezulwini, but both companies' third quarter reports suggest that, although not immune to uncertainty in world financial markets, they feel well placed to weather...
Thu, Nov 13 2008
Mill shortcomings affect Cameco forecast
Uranium output forecasts from Cameco's McArthur River/Key Lake operations for 2008 have been updated by the company to reflect the unexpected impact of a maintenance outage at the Key Lake mill. The mill, which processes ore from the McArthur River mine, took longer than anticipated to restart after...
Thu, Sep 18 2008
Port Hope set to restart UF6 production
Cameco is preparing to resume operations at its uranium hexafluoride (UF 6 ) production plant in Port Hope, Ontario, which has been idle for over a year since a leak was discovered there.
Wed, Sep 17 2008
Cameco digs into exploration in Niger
Canadian uranium giant Cameco has taken a stake in a company exploring for the mineral in Niger, marking its first foray in the country. The strategic alliance could see Cameco invest up to $212 million.
Tue, Aug 26 2008
Remediation work at Cigar Lake suspended
Cameco Corp announced that it has temporarily suspended remediation work at the No.1 shaft at its Cigar Lake uranium project, which flooded in 2006, due to an increase in the rate of water inflow to the mine.
Wed, Aug 13 2008
Iraqi uranium removed to Canada
Uranium from Saddam Hussein's former weapons program has been removed from Iraq for ultimate use in civilian power generation. Cameco will process the material for sale alongside its other stocks.
Tue, Jul 8 2008
Pumping next week at Cigar Lake
Cameco is to begin pumping water from the flooded Cigar Lake mine next week. The uranium mine, which should be the biggest in the world when it enters operation, was flooded by a rockfall in October 2006.
Mon, Jun 30 2008
Cameco completes GLE's front end loop
Uranium producer Cameco has joined the Global Laser Enrichment (GLE) venture, promising tie-ins across the front end of the nuclear fuel cycle. Together, the stakeholders in GLE have uranium mining, conversion enrichment and fuel fabrication business units.
Fri, Jun 20 2008
Next step towards Kazakh conversion plant
Canada's Cameco Corporation and Kazatomprom of Kazakhstan have announced the formation of a new joint-owned company, Ulba Conversion LLP, to move forward with development work on a 12,000 t uranium hexafluoride conversion facility in Kazakhstan.
Wed, Jun 4 2008
Operation resumes at Rabbit Lake
Cameco announced on 2 January that normal mining activities have been resumed following flooding in late 2007 at its Eagle Point mine in northern Saskatchewan, Canada. The company announced on 28 November that underground activities at the mine, part of the Rabbit Lake uranium operation, had been suspended...
Thu, Jan 3 2008
Cameco reports on Rabbit Lake flooding
Cameco reported on 3 December that it is making good progress in dealing with a problem of increased water inflow at the Eagle Point mine, but has extended the suspension of mining activities. Cameco announced on 28 November that underground activities at the mine, part of the Rabbit Lake uranium operation...
Tue, Dec 4 2007
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