McArthur River Mine

Cameco was the biggest newsmaker over the April 9-15 report period, announcing a possible suspension to production at the McArthur River mine in Saskatchewan. A shutdown translates into $4-5 million a…

According to government figures, the amount of nuclear energy used in the production of world electrical power between 1971 and 1990 jumped more than eight times, from 2% to 17%. In 2001, Saskatchewan…

For the second year in a row, uranium miner Cameco has won the National John T. Ryan Safety Award (metal category). The company was recently honoured for its safety record at the Rabbit Lake mine, whe…

Sagging spot prices for uranium eroded Cameco’s (CCO-T) bottom line in 2000.For the year, Cameco’s suffered a net loss, after special items, of $87 million (or $1.57 per share) on revenue of $689 mill…

Cameco (CCO-T) has blocked out additional reserves at its McArthur River uranium mine, 280 km north of La Ronge in northern Saskatchewan.The announcement follows the release of revised year-end tonnag…

While uranium exploration isn’t what it was during its glory years a few decades ago, a high-grade discovery made by Cameco (CCO-T) at the La Rocque Lake claims in northern Saskatchewan has spurred se…

In response to persistently low uranium prices, Cameco (CCO-T) plans to reduce uranium production from the Key Lake and Rabbit Lake operations in Saskatchewan.At the same time, uranium conversion serv…

The Cigar Lake uranium project in northern Saskatchewan’s Athabasca Basin — a joint-venture held 48.7% by Cameco (CCO-T) and 36.4% by French-owned Cogema Resources — has received conditional approva…

A recent underground drilling program at the McArthur River uranium deposit operated by Cameco (TSE) has allowed the company to revise its estimated in situ reserves to 416 million lb. U3O8.The projec…