SE NNEGC Energoatom , Ukraine's state-owned nuclear energy utility, and Cameco Corp. , one of the largest global producers of uranium fuel based in Canada, have reached agreement on commercial terms for a major supply contract for Cameco to provide sufficient volumes of natural uranium hexafluoride, or UF6 , to meet Ukraine's full nuclear fuel [...]
Cameco announced that the first pounds of uranium ore from the McArthur River mine have now been milled and packaged at the Key Lake mill, marking the achievement of initial production as these facilities transition back into normal operations. "McArthur River and Key Lake are among the best and most prolific uranium assets on the planet, and after [...]
Cameco announced that it has signed a uranium supply agreement with the China Nuclear International Corporation, a subsidiary of the China National Nuclear Corporation , one of the country's largest nuclear power operators. The contract, finalized earlier this year, was marked as part of the China International Import Expo 2022. "China is counting [...]
Cameco reported its consolidated financial and operating results for the third quarter ended September 30, 2022 in accordance with International Financial Reporting Standards. "Our results reflect the execution of our strategy of full-cycle value capture and are in line with the preliminary third quarter operating update provided on October 11 [...]
Cameco today announced the closing of its previously announced bought deal offering of 34,057,250 common shares of Cameco, including the exercise in full of the underwriters' option to purchase additional common shares, at a price of $21.95 per share, for gross proceeds to us of approximately $747.6 million . We intend to use the aggregate proceeds [...]
Cameco today announced that it has entered into an agreement with a syndicate of underwriters led by CIBC Capital Markets and Goldman Sachs & Co. LLC, pursuant to which the underwriters have agreed to purchase, on a bought deal basis, 29,615,000 common shares of Cameco at a price of $21.95 per share , for gross proceeds to us of approximately $650 [...]
Cameco today is providing preliminary operating results for its third quarter ended September 30, 2022. On October 27, 2022, we plan to announce our 2022 third quarter results before markets open. We expect to announce deliveries in the uranium segment for the quarter ended September 30, 2022, to be between 5 million and 5.5 million pounds, in line [...]
Currency: U.S. dollars unless otherwise stated Westinghouse is an industry leader with a strong market position across the nuclear value chain Nuclear power expected to see significant growth driven by energy security and decarbonization trends Acquisition will provide opportunities to generate value and grow the business globally SASKATOON [...]
The reported intersection includes 1.86% U3O8 over 12.5 m at 79.7 m true vertical depth which includes the Project's highest individual assay of 5.61% U3O8 Baselode Energy Corp. is pleased to announce the geochemical assay results from drill hole AK22-069 of 0.90% U3O8 over 31.0 m starting at 69.3 m true vertical depth which includes 1.86% U3O8 [...]
Cameco today reported its consolidated financial and operating results for the second quarter ended June 30, 2022 in accordance with International Financial Reporting Standards . "Our results reflect the very deliberate execution of our strategy of full-cycle value capture. And, we are benefiting from higher average realized prices in both our [...]
Cameco released its 2021 Environmental, Social, Governance Report today. The report illustrates Cameco's integration of ESG principles and practices in its overall strategy and day-to-day operations, including 2021 performance metrics and feature stories highlighting the company's ESG commitments and targets. In this report, Cameco has incorporated [...]
AK22-051 intersected 2,320 cps over 30.1 m starting at 27.0 m drill hole depth, ranks as the best drill hole on the project, and includes six separate intervals of >10,000 cps* AK22-047 intersected 5,229 cps over 7.35 m at 140.65 m, ranks as second-best drill hole on the project, and includes eight separate intervals of >10,000 cps [...]