cameco signs major uranium supply deal with

Cameco and Bruce Power support launch of Centre for

2020/8/20Cameco will supply 1,600 specialized fuel bundles for the safe restart of Unit 6, scheduled for 2024. This builds on the existing fuel arrangements between the two organizations announced in 2017 which was estimated to be worth $2 billion at the time and over the life of the contracts. Get price

On the crest of a uranium wave?

In early December Canada's Cameco to suspend output at its McArthur River mine for ten months. In all, the cuts are thought to remove 17 million pounds of primary uranium supply this year, or 12 per cent of supply. Kazakhstan is the world's biggest uranium Get price

My 2018 Uranium Outlook: Two Major Catalysts Change

I believe the McArthur shutdown is a major step forward towards restricting uranium supply and even moving towards a global supply deficit soon. The second major catalyst was the world's largest producer of uranium, Kazatomprom, which produces 40% of the global primary uranium production, that just announced a 20% reduction of production over the next three years. Get price

On the crest of a uranium wave?

In early December Canada's Cameco to suspend output at its McArthur River mine for ten months. In all, the cuts are thought to remove 17 million pounds of primary uranium supply this year, or 12 per cent of supply. Kazakhstan is the world's biggest uranium Get price

Cameco signs uranium deal with India

Canadian uranium producer, Cameco, has signed its first uranium supply agreement with India. The contract with India's Department of Atomic Energy of India is worth around CAD350 million at today's uranium prices and covers the supply of 7.1 million pounds of uranium concentrate (3000tU) from 2015 to Get price

Uranium Week: The Nuclear Conundrum

2020/2/11The US experience is one of US uranium miners being unable to compete with cheaper imports from the likes of Canada and Kazakhstan, with uranium prices near historically low levels. Yet the US nuclear power industry cannot compete with gas-fired and (subsidised) renewable power, despite historically low uranium prices. Get price

This Deal Doesn't Make Cameco Corp. a Buy

Other major uranium miners, such as Rio Tinto Plc. and BHP Billiton Ltd., are also mulling over boosting production. This is because their concerted efforts to drive efficiencies and reduce costs means that even a moderate uptick in the price of uranium combined with Get price

Cameco signs uranium supply deal with China

Uranium giant Cameco has signed an agreement to supply China Nuclear Energy Industry Corporation (CNEIC) with 23 million pounds of uranium concentrate though 2020. The Canadian company is also negotiating a long-term uranium purchase agreement with China Guangdong Nuclear Power Holding Co., Ltd. (CGNPC). Get price

New uranium bull market underway

"[Cameco's] mill at Key Lake will be running out of ore because the McArthur River uranium mine has only has about 15 years of life," said Dasler. "We have the haulage road to the Key Lake mill, which will be looking for ore in about 15 years which will be good timing for us." Get price

This Deal Doesn't Make Cameco Corp. a Buy

Other major uranium miners, such as Rio Tinto Plc. and BHP Billiton Ltd., are also mulling over boosting production. This is because their concerted efforts to drive efficiencies and reduce costs means that even a moderate uptick in the price of uranium combined with Get price

Cameco Corporation v. The Queen (2018 TCC 195)

Cameco Corporation v. The Queen Court (s) Database Tax Court of Canada Judgments Date 2018-09-26 Neutral citation 2018 TCC 195 File numbers 2009-2430(IT)G Judges and Taxing Officers John R. Owen Subjects Income Tax Act Dockets: 2009-2430(IT)G 2014 Get price

Cameco Signs Uranium Supply Deal with India

Cameco Inc. has signed a supply agreement to provide India's Dept. of Atomic Energy with 7.1 million lb of uranium concentrate under a long-term contract through 2020. The agreement was signed during an official visit to Canada by Indian prime minister Narendra Get price

Cameco to restart Cigar Lake in early September

Canadian uranium major Cameco on Wednesday announced the planned restart of the Cigar Lake mine, in northern Saskatchewan. The mine will resume operations at the beginning of September, having been placed on care and maintenance on March 23, owing to the Covid-19 pandemic. CEO Tim Gitzel said that the decision to resume Cigar Lake was "prudent", noting that the Covid-19 pandemic posed a Get price

Uranium Week: The Nuclear Conundrum

2020/2/11The US experience is one of US uranium miners being unable to compete with cheaper imports from the likes of Canada and Kazakhstan, with uranium prices near historically low levels. Yet the US nuclear power industry cannot compete with gas-fired and (subsidised) renewable power, despite historically low uranium prices. Get price

What's wrong with uranium? Nothing

2020/6/17First, I don't buy the bear case based on mine restarts. The major shutdowns remain in place. Remember that Cigar Lake alone is about 13% of the annual supply, and Cameco isn't even talking about restarting it yet. That aside, no amount of restarting mining Get price

Cameco to restart Cigar Lake in early September

Canadian uranium major Cameco on Wednesday announced the planned restart of the Cigar Lake mine, in northern Saskatchewan. The mine will resume operations at the beginning of September, having been placed on care and maintenance on March 23, owing to the Covid-19 pandemic. CEO Tim Gitzel said that the decision to resume Cigar Lake was "prudent", noting that the Covid-19 pandemic posed a Get price

Cameco Corporation v. The Queen (2018 TCC 195)

Cameco Corporation v. The Queen Court (s) Database Tax Court of Canada Judgments Date 2018-09-26 Neutral citation 2018 TCC 195 File numbers 2009-2430(IT)G Judges and Taxing Officers John R. Owen Subjects Income Tax Act Dockets: 2009-2430(IT)G 2014 Get price

World Nuclear Association

Cameco CEO Jerry Grandey commented: This long-term supply agreement with China Guangdong Nuclear Power is a significant step for our company in the world's fastest growing uranium market. He added, This deal leaves us well positioned to serve the company's growing uranium requirements. Get price

Cameco Signs Supply Agreement With China Guangdong

This long-term supply agreement with China Guangdong Nuclear Power is a significant step for our company in the world's fastest growing uranium market, said Cameco CEO Jerry Grandey. China Guangdong Nuclear Power has 14 nuclear power units currently under construction and is commencing preliminary work on another nine units. Get price

Cameco Signs Milestone Agreement With Martu

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. Get price

Resource Stock Digest

Uranium Prices: Breaking Out! In the resource space — timing is everything! After a near decade-long bear market in uranium, we're finally starting to see U 3 O 8 prices breaking to the upside primarily as a result of a wave of temporary mine closures due to the coronavirus pandemic – most notably the suspension of operations at Cameco's massive Cigar Lake uranium mine and production Get price

My 2018 Uranium Outlook: Two Major Catalysts Change

I believe the McArthur shutdown is a major step forward towards restricting uranium supply and even moving towards a global supply deficit soon. The second major catalyst was the world's largest producer of uranium, Kazatomprom, which produces 40% of the global primary uranium production, that just announced a 20% reduction of production over the next three years. Get price

Cameco search unveils information bonanza

Cameco Exploration's director of information, Mike McClelland, is seeing a different future for the uranium-sector leader's exploration efforts after it introduced an advanced geological model Login or Start a 1 trial to read the full article. Get price

Resource Stock Digest

Uranium Prices: Breaking Out! In the resource space — timing is everything! After a near decade-long bear market in uranium, we're finally starting to see U 3 O 8 prices breaking to the upside primarily as a result of a wave of temporary mine closures due to the coronavirus pandemic – most notably the suspension of operations at Cameco's massive Cigar Lake uranium mine and production Get price

Cameco and Bruce Power support launch of Centre for

2020/8/20Cameco will supply 1,600 specialized fuel bundles for the safe restart of Unit 6, scheduled for 2024. This builds on the existing fuel arrangements between the two organizations announced in 2017 which was estimated to be worth $2 billion at the time and over the life of the contracts. Get price

Uranium sector won't catch a break

2019/9/13In response to the supply glut/ low price argument, uranium bulls like to present China as the country that will save the day and float everyone's long-sunken uranium stock boats. It's true that, of 453 operating nuclear reactors and 55 new reactors under construction, globally, China has the most reactors in the pipeline including 43 operating, 15 under construction and 179 planned or Get price