Cameco today reported its consolidated financial and operating results for the third quarter ended September 30, 2021 in accordance with International Financial Reporting Standards . "Our third quarter results were as expected and reflect the continued execution of our strategy and the proactive decisions to suspend production to protect the health and safety of our workers, their families and their communities," said Tim [...]
Cameco today released its 2020 ESG Report. The report illustrates how Cameco integrates ESG principles and practices throughout the company and in its strategy, and includes feature stories and metrics for its 2020 ESG performance. With this report, Cameco has adopted the relevant ESG performance indicators issued by the Sustainability Accounting Standards Board and has taken the first steps toward addressing the [...]
Cameco and Terrestrial Energy, both leading Canadian companies in their fields, have signed a Memorandum of Understanding to examine potential partnership opportunities to deploy Terrestrial Energy's Integrated Molten Salt Reactor Generation IV nuclear power plants in North America and worldwide, and to evaluate possible opportunities for the supply of uranium supply, fuel and other services. As part of these activities [...]
Cameco , GE Hitachi Nuclear Energy , GEH SMR Technologies Canada, Ltd. and Synthos Green Energy , a member of the Synthos Group S.A., have entered into a Memorandum of Understanding to evaluate the potential establishment of a uranium fuel supply chain in Canada capable of servicing a potential fleet of BWRX-300 small modular reactors in Poland. Synthos, a manufacturer of synthetic rubber and one of the biggest producers [...]
Cameco and X-energy have entered a non-binding and non-exclusive Memorandum of Understanding to explore possible areas of cooperation to support the potential future deployment, fuelling and servicing of Xe-100 small modular reactors in Canada and the United States. "We feel very confident about the future of nuclear power and the future of SMRs, here in Canada, in the U.S. and across the globe," said Cameco president and [...]
Highlights: Stephen M. Long appointed as the Chief Executive Officer of Global Laser Enrichment LLC , effective September 1, 2021 Formerly Senior Vice President, Business Development at GE-Hitachi Nuclear Energy Americas , and GEH Global Laser Enrichment Project Director, prior to that Uniquely positioned to lead the completion of GLE's continuing development and commercialization strategy and potentially take the SILEX [...]
Cameco today reported its consolidated financial and operating results for the second quarter ended June 30, 2021 in accordance with International Financial Reporting Standards . "Our second quarter results reflect the continued execution of our strategy and the proactive decisions to suspend production to protect the health and safety of our workers, their families and their communities," said Tim Gitzel, Cameco's [...]
Cameco , GE Hitachi Nuclear Energy and Global Nuclear Fuel-Americas have entered into a Memorandum of Understanding to explore several areas of cooperation to advance the commercialization and deployment of BWRX-300 small modular reactors in Canada and around the world. "Nuclear power will play a massive role in the global shift to zero-carbon energy, generating a lot of momentum for emerging SMR and advanced reactor [...]
Cameco is returning its regular workforce to the Cigar Lake uranium mine in northern Saskatchewan today and planning to restart production later this week. About 230 workers were evacuated from the site on July 1 as a precaution due to the proximity of a wildfire burning in the vicinity of the operation. In consultation with provincial wildfire management officials from the Saskatchewan Public Safety Agency, we believe [...]
Cameco provided an update today regarding the wildfire situation near the Cigar Lake uranium mine in northern Saskatchewan. All of the roughly 80 essential workers who remain at Cigar Lake are safe. The wildfire has moved past the main camp area without serious impact to the site itself. While our inspections continue, we believe no structural damage has occurred to any buildings and all assets appear intact. However [...]
Cameco has made the decision to evacuate all non-essential personnel from the Cigar Lake uranium mine in northern Saskatchewan. The action is being taken as a precaution due to the proximity of a northern wildfire that is currently burning in the vicinity of the operation. The situation is complicated by extremely warm, dry weather, resulting from the heat dome that has settled over western Canada in recent days, along [...]
Highlights: James Dobchuk appointed as the President and Chief Commercial Officer of Global Laser Enrichment LLC Formerly Executive Director at Cameco Inc. engaged in key US-based strategy, corporate development, project management, government and industry relations activities, very well positioned to support GLE in its next phase of commercialization Current Chair of the Nuclear Energy Institute's Nuclear Fuel Suppliers [...]