Cameco is continuing its operations at its northern Saskatchewan sites amidst wildfires that are impacting parts of the province. Currently, there are no fires in the vicinity of Cameco's operations at Cigar Lake, Key Lake, McArthur River and Rabbit Lake. There is no risk to our sites, and they remain safe for staff. Orano's McClean Lake mill remains operational. We are managing some temporary disruptions due to wildfires [...]
Cameco has announced the election of ten board members at its annual meeting held on May 9, 2025. Shareholders elected board members Daniel Camus, Tammy Cook-Searson, Catherine Gignac, Tim Gitzel, Marie Inkster, Kathryn Jackson, Don Kayne, Peter Kukielski, Dominique Minière and Leontine van Leeuwen-Atkins. Voting Results for Cameco Directors Nominee Votes For % Votes For Against % Votes Against Catherine Gignac 70,619,061 [...]
Cameco today reported its consolidated financial and operating results for the first quarter ended March 31, 2025, in accordance with International Financial Reporting Standards . "Cameco's first quarter performance across our uranium, fuel services, and Westinghouse segments was robust, reflecting our disciplined strategic alignment and continued positive momentum across the nuclear energy market," said Tim Gitzel [...]
Cameco reported today that it filed its annual report on Form 40-F with the US Securities and Exchange Commission. The document includes Cameco's audited annual financial statements for the year ended December 31, 2024, its management's discussion and analysis , and its Canadian annual information form . In addition, Cameco filed with Canadian securities regulatory authorities its AIF. Its audited annual financial [...]
Cameco reported its consolidated financial and operating results for the fourth quarter and year ended December 31, 2024, in accordance with International Financial Reporting Standards. "Our 2024 full-year financial performance benefitted from strong fourth quarter results delivered by our uranium and Westinghouse segments," said Tim Gitzel, Cameco's president and CEO. "Although both net earnings and adjusted net earnings [...]
Cameco was informed by our partner, National Atomic Company Kazatomprom JSC , and Joint Venture Inkai LLP that the Inkai operation has resumed production. Cameco and Kazatomprom are now working with JV Inkai to determine the impact of the production suspension on the operation's 2025 production plans. Kazatomprom holds a 60% interest in JV Inkai, while Cameco owns a 40% share. Caution about forward-looking information [...]
Cameco is pleased to announce and support the resolution reached by Westinghouse Electric Company in its intellectual property dispute with Korea Electric Power Corporation and Korea Hydro & Nuclear Power Co., Ltd., . "This is a positive outcome for both parties, which we believe facilitates bringing world-leading reactor technology and related competencies in engineering, construction services, maintenance, fuel supply [...]
Cameco acknowledges the dedicated work and leadership of Patrick Fragman during his tenure as President and CEO of Westinghouse Electric Company. Today, Patrick announced his intention to leave his position at Westinghouse, effective March 31, 2025, in order to spend more time with his family in Europe. Patrick has led Westinghouse since 2019. "Westinghouse is a pioneer in the nuclear energy industry and is regarded as a [...]
Cameco was informed by our partner, National Atomic Company Kazatomprom JSC , and Joint Venture Inkai LLP , that as of January 1, 2025, JV Inkai has suspended production activity. On December 31, 2024, JV Inkai formally notified us that it had not received an extension of the timeline to submit its updated Project for Uranium Deposit Development documentation , an extension that was expected prior to 2024 year-end. We [...]
Cameco reported today that it filed a technical report for the Inkai operation on a voluntary basis under National Instrument 43-101 - Standards of Disclosure of Mineral Projects . The technical report is being filed to provide updated information relating to the Inkai operation and not as a result of a requirement under NI 43-101. The technical report has been posted on our website and SEDAR+ at www.sedarplus.ca and on [...]
Cameco today reported its consolidated financial and operating results for the third quarter ended September 30, 2024, in accordance with International Financial Reporting Standards . "Our third quarter operational performance was strong across all segments, supporting our return to a tier-one cost structure," said Tim Gitzel, Cameco's president and CEO. "Looking past quarterly earnings, which can vary significantly [...]
Cameco has been named #14 on the TSX30 2024, an annual ranking of the top performing stocks by the Toronto Stock Exchange . Cameco's dividend-adjusted share price performance is up 186% and the company has seen a 210% increase in market capitalization over the past three years. "We are pleased to see Cameco's strong and steady growth acknowledged by the TSX. As one of the largest global providers of uranium fuel, we have [...]
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