Cigar Lake Mine

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…

For $243 million and a pretax gain of about $63 million, Cameco (CCO-T) has sold interests in three uranium projects in northern Saskatchewan to French government-owned Cogema Resources.Cogema acquire…

On paper, Saskatchewan’s three uranium development projects together are expected to produce more than 13,000 tonnes of U3O8 a year — about 14% more than Canada’s current annual production from exist…

Cameco (CCO-T) owns 100% of the Key Lake and Rabbit Lake uranium operations, 84% of the McArthur River uranium project, and 49% of the Cigar Lake uranium project, all of which are in Saskatchewan.Owne…

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…

In our April 13 report on Cameco’s (CCO-T) Cigar Lake project, we stated that the Midwest project “has yet to be granted government approval.” In fact, the Midwest project received approval from the g…

Slowly but surely, the Cigar Lake uranium project continues to inch its way toward a production decision.The high-grade mine, situated in northern Saskatchewan, is operated by Cigar Lake Mining, a joi…

The environmental impact statement for the Cigar Lake uranium project has been delivered to the joint federal-provincial panel on uranium mining developments in northern Saskatchewan.The statement wil…

The Cigar Lake uranium project in northern Saskatchewan is expected to enter development in 1997.The bulk of the ownership is shared between Cameco (TSE) with 48.7% and Cogema Resources with 36.4%. Th…