| Cameco Corporation | |
|---|---|
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| Type | Public (TSX: CCO) (NYSE: CCJ) |
| Founded | 1988 |
| Headquarters | Saskatoon, Saskatchewan |
| Key people | Gerald Grandey - President and CEO, Victor Zaleschuk - Chairman |
| Industry | Uranium |
| Products | Engineering firm |
| Revenue | ▲$2. A public company usually refers to a company that is permitted to offer its registered securities ( Stock, bonds, etc The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. Saskatoon is a city located in central Saskatchewan, Canada, on the South Saskatchewan River, with a Saskatchewan (səˈskætʃəwən) is a prairie province in Canada, which has an area of 588276 Gerald W Grandey (born about 1942 is the President and Chief Executive Officer of Cameco Corporation. President is a Title leaders of Organizations companies, Trade unions universities, and countries. A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator Victor J Zaleschuk, a corporate director is the Chair of the board of Cameco Corporation. For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" Uranium (jʊˈreɪniəm is a silvery-gray Metallic Chemical element in the In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need Engineering is the Discipline and Profession of applying technical and scientific Knowledge and In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services 31 billion CAD (2007) |
| Website | http://www.cameco.com/ |
Cameco Corporation (TSX: CCO, NYSE: CCJ) is the world's largest publicly traded uranium company, based in Saskatoon, Saskatchewan. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. Uranium (jʊˈreɪniəm is a silvery-gray Metallic Chemical element in the Saskatoon is a city located in central Saskatchewan, Canada, on the South Saskatchewan River, with a It is the world's largest uranium producer, accounting for 20% of world production. Uranium (jʊˈreɪniəm is a silvery-gray Metallic Chemical element in the
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History
"Cameco - A Canadian Mining and Energy Corporation" was formed in 1988 by the merger and privatization of two crown corporations: the federally owned Eldorado Nuclear Limited (known previously as Eldorado Mining and Refining Limited) and Saskatchewan-based Saskatchewan Mining Development Corporation (SMDC). The Eldorado Mining and Refining Limited company was originally organized in 1927 as Eldorado Gold Mines Limited to develop a Gold mine in Manitoba. The Saskatchewan Mining Development Corporation (SMDC was a provincial crown corporation established by the Government of Saskatchewan to manage the government's interests in exploration The name was later shortened to "Cameco Corporation".
The new company is initially owned 62% by the provincial government and 38% by the federal government. The initial public offering (IPO) for 20% of the company was conducted in July, 1991. Government ownership of the company decreased over the next 9 years, with full privatization occurring in February, 2002.
In 1996, Cameco acquired Power Resources Inc. , the largest uranium producer in the United States. This was followed in 1998 by the aquisition of Canadian-based Uranerz Exploration and Mining Limited and Uranerz U. S. A. , Inc.
Operations
Cameco operates several uranium mines in North America and Kazakhstan, including McArthur River, the world's largest high grade uranium deposit and mine, and Cigar Lake, the world's largest undeveloped high grade uranium deposit, both in Saskatchewan. The McArthur River Uranium Mine, in northern Saskatchewan, Canada, is the world's largest high-grade Uranium deposit Other operations in Saskatchewan include a mine and mill at Rabbit Lake and a mill at Key Lake. Key Lake is the site of the largest uranium mill in the world
In the United States, Cameco operates uranium mines in the states of Nebraska and Wyoming through its US subsidiary Cameco Resources Inc. Uranium mining in the United States declined drastically in the 1980s but has revived since 2001 due to higher Uranium prices Nebraska ( is a state located on the Great Plains of the Midwestern United States and The State of Wyoming ( is a sparsely populated state in the western region of the United States. Cameco Resources was formed in 2007 through a restructuring of two wholly owned subsidiaries, Power Resources Inc. (Wyoming) and Crowe Butte Resources Inc. (Nebraska).
In the province of Ontario, Cameco operates a uranium refinery in Blind River and a uranium conversion facility in Port Hope. Ontario (ɒnˈtɛrioʊ is a province located in the central part of Canada, the largest by population and second largest after Quebec Port Hope is a Municipality in Ontario, Canada, about 109 km east of Toronto and about 159 km west of Kingston. Through the Bruce Power Limited Partnership (BPLP), Cameco also participates in nuclear power generation in the province.
In 2004, Cameco spun off its gold mining operations in Kyrgyzstan, Mongolia and the USA to a newly formed public company, Centerra Gold. "Gold mine" redirects here See Goldmine for other uses of the term Kyrgyzstan (ˈkɻ̩gɪztɑn (AmE or /'kɝgəztan/ (BrE Kyrgyz: Кыргызстан; Russian: Киргизия or Киргизстан or Кыргызстан Mongolia (mɒŋˈɡoʊliə, literally Mongol country/nation,) is a Landlocked Country in East The United States of America —commonly referred to as the Centerra Gold Inc ( is a Gold mining company headquartered in Toronto, Ontario, Canada. Cameco currently owns approx. 53% of Centerra's shares.
| Mines | |
|---|---|
| Producing | |
| Name | Location |
| McArthur River | Saskatchewan, Canada |
| Eagle Point (Rabbit Lake) | Saskatchewan, Canada |
| Smith Ranch-Highland | Wyoming, United States |
| Crow Butte | Nebraska, United States |
| In Development | |
| Cigar lake | Saskatchewan, Canada |
| Inkai | Kazakhstan |
| Mills | |
|---|---|
| Name | Location |
| Key Lake | Saskatchewan, Canada |
| Rabbit Lake | Saskatchewan, Canada |
Corporate governance
Current members of the board of directors of Cameco Corporation are: John Auston, Joe Colvin, Harry Cook, James R. The McArthur River Uranium Mine, in northern Saskatchewan, Canada, is the world's largest high-grade Uranium deposit Saskatchewan (səˈskætʃəwən) is a prairie province in Canada, which has an area of 588276 Country to "Dominion of Canada" or "Canadian Federation" or anything else please read the Talk Page Rabbit Lake is the second largest Uranium milling facility in the western world and is the longest operating uranium production facility in Saskatchewan. Saskatchewan (səˈskætʃəwən) is a prairie province in Canada, which has an area of 588276 Country to "Dominion of Canada" or "Canadian Federation" or anything else please read the Talk Page Smith Ranch and Highland are uranium mining operations located in Wyoming, U The State of Wyoming ( is a sparsely populated state in the western region of the United States. The United States of America —commonly referred to as the Crow Butte is a uranium mining operation located in Nebraska, U Nebraska ( is a state located on the Great Plains of the Midwestern United States and The United States of America —commonly referred to as the The Cigar Lake Mine is the largest undeveloped high grade Uranium deposit in the world located in the uranium rich Athabasca Basin of northern Saskatchewan Saskatchewan (səˈskætʃəwən) is a prairie province in Canada, which has an area of 588276 Country to "Dominion of Canada" or "Canadian Federation" or anything else please read the Talk Page Kazakhstan, also Kazakstan ( Қазақстан, Qazaqstan, qɑzɑqˈstɑn Казахстан, Kazakhstán,) officially the Key Lake is the site of the largest uranium mill in the world Saskatchewan (səˈskætʃəwən) is a prairie province in Canada, which has an area of 588276 Country to "Dominion of Canada" or "Canadian Federation" or anything else please read the Talk Page Rabbit Lake is the second largest Uranium milling facility in the western world and is the longest operating uranium production facility in Saskatchewan. Saskatchewan (səˈskætʃəwən) is a prairie province in Canada, which has an area of 588276 Country to "Dominion of Canada" or "Canadian Federation" or anything else please read the Talk Page Curtiss, George Dembroski, Gerald Grandey, Nancy E. Gerald W Grandey (born about 1942 is the President and Chief Executive Officer of Cameco Corporation. Hopkins, Oyvind Hushovd, George Ivany, Neil McMillan, Robert Peterson, John H. JW George Ivany (born 1938 was President of the University of Saskatchewan from 1989 to 1999 Robert W Peterson (born October 19 1937) is a Canadian senator from Saskatchewan. Clappison, A. Anne McLellan and Victor Zaleschuk. Victor J Zaleschuk, a corporate director is the Chair of the board of Cameco Corporation.
External links
- Cameco's official site
- Cameco Uranium StocksThe Nuclear Option and the Uranium Bull: by Dr. Mark Skousen, Investment Advisory Panelist, Investment U.
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