Fishin' Canuck
11年前
Safety regulator renews Cameco’s licences for 3 Sask operations
Submitted on October 29, 2013 - 1:50pm
Safety regulator renews Cameco’s licences for 3 Sask operations
paNOW Staff
The Canadian Nuclear Safety Commission (CNSC) announced on Tuesday it will renew Cameco’s uranium mine and mill operating licenses at its Key Lake, McArthur River and Rabbit Lake sites.
The licences for the northern Saskatchewan sites will be valid from Nov. 1, 2013 to Oct. 31, 2023.
The licences were recently the subject of hearings in La Ronge earlier this month. The CNSC considered submissions from Cameco, 27 interveners and CNSC staff recommendations.
CNSC staff will have annual reports on the facilities’ operations at public CNSC proceedings. They will be held in northern Saskatchewan, and will look at their environmental impact.
news@panow.com
Fishin' Canuck
12年前
Cameco dealing with soft uranium market
Submitted on November 2, 2012 - 6:57am
By Andrew de Souza
paNOW Staff
Saskatchewan-based uranium mining giant Cameco is preparing for a tightening global uranium market by reprioritizing its capital projects.
On Thursday, company executives held their third-quarter conference call with investors and the media to talk about the year so far.
In Q3, the company managed to turn around $82 million in net earnings. That was higher than the $39 million earned for last year, but over all the company recorded lower revenues of about $408 million, compared to $527 million in 2011.
President and CEO Tim Gitzel said global markets and a slow down of nuclear power plant projects meant the company was reevaluating its forecasts and switching up its capital expenditures.
Gitzel said that the company would refocus efforts on developing brownfield holdings, which are areas near existing mines over greenfield, or new location development.
“Our uranium sector was the primary driver behind these results because of lower uranium sales volumes and realized prices,” he said.
“This is not a reflection on the strength of our underlying business but rather a demonstration of the variability that’s common for us from quarter to quarter.”
Cameco has been operating under a program called Double U, which anticipates a doubling of uranium output from the company. Gitzel said that was still the case but that it wasn’t all the company was focused on.
“We remain very optimistic about the future of the nuclear industry and the future demand for the industry,” he said. “That being said we can’t ignore the market signals we’re seeing and must adjust accordingly.”
Gitzel said the company would still keep projects that were deprioritized on the radar and work towards them when uranium prices once again made it the right choice economically.
Highway to help link assets
Gitzel also talked about Hwy. 914 which the Wall government recently announce would be investing half the cost to complete.
Gitzel said it would link up all the companies assets and clear up logistical problems.
“We’ve been with province and several industry partners for some time now and we’re happy to see it coming to fruition now,” he said. “This connector road is critical to expanding access to infrastructure and enhancing transportation efficiency in the north.”
http://www.panow.com/node/263246
NYBob
16年前
Cameco Corp Com Npv (TSE:CCO)
Last Price (CAD)
$ 21.8
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▲ 0.40 (1.87%)
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Volume 1,401,660
Day's Range 20.29 - 21.80
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Last Trade:16:18:58 EST Jan-15-09
Cameco Approves Dividend
Saskatoon, Saskatchewan, Canada, December 4, 2008
http://www.cameco.com/media/news_releases/2008/?id=280
Cameco Corporation announced today that its board of directors has approved a quarterly cash dividend of $0.06 per common share, payable on January 15, 2009 to shareholders of record on December 31, 2008.
Cameco, with its head office in Saskatoon, Saskatchewan, is one of the world's largest uranium producers. The company's uranium products are used to generate electricity in nuclear energy plants around the world, providing one of the cleanest sources of energy available today. Cameco's shares trade on the Toronto and New York stock exchanges.
odinpinetree thank you -
God Bless
odinpinetree
16年前
Cameco Approves Dividend
Saskatoon, Saskatchewan, Canada, December 4, 2008
http://www.cameco.com/media/news_releases/2008/?id=280
Cameco Corporation announced today that its board of directors has approved a quarterly cash dividend of $0.06 per common share, payable on January 15, 2009 to shareholders of record on December 31, 2008.
Cameco, with its head office in Saskatoon, Saskatchewan, is one of the world's largest uranium producers. The company's uranium products are used to generate electricity in nuclear energy plants around the world, providing one of the cleanest sources of energy available today. Cameco's shares trade on the Toronto and New York stock exchanges.
NYBob
16年前
Cameco Requests Deferral of Cigar Lake Regulatory Hearing -
Saskatoon, Saskatchewan, Canada, August 29, 2008
As previously disclosed, Cameco has applied for an amendment to the construction licence for the Cigar Lake project. The application seeks regulatory approval for the remediation activities not approved under the existing licence granted June 27, 2008. Cameco was scheduled to appear before the Canadian Nuclear Safety Commission on September 18, 2008 to present this licence amendment.
Our current Cigar Lake licence will allow Cameco to conduct a full analysis of the August 12, 2008 inflow event and complete other site activities that have already been approved by the regulators including: plug testing, dewatering the mine, completing the shaft refurbishment, safe mine re-entry and securing the mine to a safe state.
As such, the company does not see a need to amend the licence at this time and has asked for, and received, a postponement of the hearing until we have more information on the path forward.
We are currently analyzing the data gathered during the event to identify the source of the inflow and its implications for planned remediation work.
We do not expect to have any significant new information regarding the inflow until later in the year at the earliest as we will be bringing in other investigative equipment to the site, which is not immediately available. We anticipate progress in gathering and analyzing information will take some time, while we continue with the other site activities already approved and underway.
As such, the update planned for Cigar Lake on September 24, 2008 will be deferred until we have more information. We will provide an update for the Cigar Lake project in our third quarter report, scheduled for release on November 10, 2008 or earlier should more information become available sooner.
The Cigar Lake uranium project is located in northern Saskatchewan. It is operated and 50% owned by Cameco.
Cameco, with its head office in Saskatoon, Saskatchewan, is the world’s largest uranium producer. The company’s uranium products are used to generate electricity in nuclear power plants around the world, providing one of the cleanest sources of energy available today.
Cameco’s shares trade on the Toronto and New York stock exchanges.
- End -
Investor and media inquiries:
Alice Wong (306) 956-6337
Investor inquiries:
Bob Lillie (306) 956-6639
Media inquiries:
Lyle Krahn (306) 956-6316
--
ref.
Bob- Did you happen to catch the show on Cameco on TV tonight.at 10 pm. It covered the COVER UP done to the ORIGINAL MINERS -
Rick, I didn't see the movie but
a friend to me eng. Oscar Westerlund -
made the eng. process for Key Lake uranium mine -
many years ago but -
all autom. so mine workers would be in safety and
never needed to touch or to be near the ore -
it was safety shields in between etc.
God Bless
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