Cameco plans to process Cigar Lake ore at Areva mill

Number-one uranium producer Cameco late on Wednesday said had reached an early agreement to process the ore it plans to mine at the Cigar Lake operation in Saskatchewan at the nearby McLean Lake mill, which France’s Areva owns. Doing so would...

Cameco continues slide

Shares in the world's biggest uranium producer, Canada's Cameco Corporation, headed further south on Friday, as investors reacted to uncertainty over the giant Cigar Lake project, where the company halted repair work earlier this week because of...

Cameco halts repairs at Cigar Lake after water inflow accelerates

The world's biggest uranium miner, Canada's Cameco, has temporarily halted remediation work at the number one shaft at the Cigar Lake project, in Saskatchewan, after an increase in the water flowing into the mine. The company received approval to...

Cameco gets go-ahead to start dewatering Cigar Lake

The world's biggest uranium miner, Cameco, will start pumping water out of its Cigar Lake project, in Saskatchewan, Canada, this week, after receiving approval from the Canadian Nuclear Safety Commission (CNSC) and the relevant provincial...

Cigar Lake uranium mine, Saskatchewan, Canada

The project will entail the construction of a uranium mine.

Cigar Lake on track, ready for dewatering - Cameco

The world's biggest uranium producer, Cameco, has submitted all the necessary documents to the Canadian Nuclear Safety Commission, and is now awaiting the go ahead to begin pumping water out of the giant Cigar Lake project, in Saskatchewan....

Cameco successfully tested underground seal at Cigar Lake

Uranium giant Cameco Corporation has successfully tested an underground seal at its jointly-owned Cigar Lake project, the company said this week. Remediation work at Cigar Lake, which was scheduled to have begun production as early as this year...

Cameco on the lookout for acquisitions

World-number-one uranium producer Cameco Corporation expects to see ongoing consolidation in the uranium sphere, and may itself be on the prowl for acquisitions as the prices of potential targets become more attractive, president and CEO Jerry...