Canadian Mining Journal

Cameco Corporation

  • News

    URANIUM: Hook Lake JV to spend $3M for 2019 exploration

    December 11, 2018 by Canadian Mining Journal

    Locations of 2019 drill sections in the Derkson Corridor at Hook Lake. (Image: Purepoint Uranium) SASKATCHEWAN – The partners in the Hook Lake uranium joint venture have approved a 2019 exploration budget of $3 million. Situated within the Patterson Uranium

  • News

    Uranium reversal may be close, Purepoint says

    November 8, 2018 by Canadian Mining Journal

    In one of the few exploration projects it is funding next year, Cameco (TSX: CCO; NYSE: CCJ) and its joint-venture partners Orano Canada and Purepoint Uranium (TSXV: PTU) are planning a 36 km ground-electromagnetic survey and 6,000 metres of diamond drilling at their Hook Lake uranium

  • URANIUM: Canada Revenue Agency appeals Cameco tax ruling

    October 29, 2018 by Canadian Mining Journal

    OTTAWA – Late last month the Tax Court of Canada ruled in favour of Cameco (TSX: CCO; NYSE: CCJ) in the company’s decade-long dispute with the Canada Revenue Agency over tax reassessments for the 2003, 2005 and 2006 tax years. Now the

  • News

    URANIUM: Cameco suspends McArthur River, Key Lake indefinitely

    July 26, 2018 by Canadian Mining Journal

    SASKATCHEWAN – Hit by falling uranium prices and large quarterly losses, Cameco Corp. says the suspension of mining at McArthur River and mineral processing at Key Lake will continue for the foreseeable future. Mining and milling were originally suspended last

  • EDITORIAL: Glimmers of hope for uranium miners

    March 29, 2018 by John Cumming, The Northern Miner

    It’s been an eventful past couple of weeks in the uranium subsector, even if the spot price for uranium oxide has shown little positive response. In the U.S., the Trump administration’s Department of Energy (DOE) has suspended sales from its

  • News

    URANIUM: Denison says updated Gryphon estimate nearly doubles

    January 31, 2018 by Canadian Mining Journal

    SASKATCHEWAN – Toronto-based Denison Mines Corp. says the indicated mineral resource at the Wheeler River project has grown 88% with the latest updated numbers for the Gryphon uranium deposit. Wheeler River is located on the eastern edge of the Athabasca

  • EDITORIAL: Cameco suspends 40% of production in face of oversupply

    November 22, 2017 by John Cumming, The Northern Miner

    Every mining subsector has its unofficial leader. It’s that company — usually with the largest market capitalization — that has arguably the best combination of top mineral deposits, superb operations, savvy management, high-quality workers, technical excellence, welcoming jurisdictions, a stable

  • News

    URANIUM: Cameco to suspend McArthur River and Key Lake operations

    November 9, 2017 by Canadian Mining Journal

    SASKATCHEWAN – Cameco Corp., one of the world’s foremost uranium producers, says continued price weakness is forcing it to suspend operations at the McArthur River mine and Key Lake mill. The suspension will begin by the end of January 2018

  • News

    Cameco reports $50M loss as uranium languishes

    November 6, 2017 by Canadian Mining Journal

    VANCOUVER — Canada’s Cameco (TSX: CCO; NYSE: CCJ) is in damage control amidst the worst uranium market in over a decade. The company’s underwhelming third-quarter results were plagued by a 20% year-on-year drop in spot U3O8 prices, and production delays at its Key

  • News

    URANIUM: Denison extends Gryphon mineralization at Wheeler River

    November 2, 2017 by Canadian Mining Journal

    SASKATCHEWAN – Toronto-based Denison Mines, operator of the Wheeler River uranium project in the Athabasca Basin, says recent drilling has extended the new high grade unconformity-hosted mineralization up-dip and about 250 metres along strike to the northeast of the Gryphon

  • News

    URANIUM: Denison reports long and strong holes from Gryphon at Wheeler River

    July 24, 2017 by Canadian Mining Journal

    SASKATCHEWAN – Toronto-based Denison Mines says that drilling continues to intersect multiple zones of high grade mineralization from the Gryphon deposit at the Wheeler River uranium project in the Athabasca Basin. The project is owned by Denison (60% owner and

  • News

    AWARDS: Corporate Knights names 50 best corporate citizens

    June 6, 2017 by Canadian Mining Journal

    TORONTO – Corporate Knights has once more released its annual list of the Best 50 Corporate Citizens in Canada. Several mining companies that take social responsibility seriously made the cut. Here they are: Cameco Corp. No.5 (with an overall score