Cameco News

A tunnel in Cameco's Cigar Lake uranium mine. The company reported a $62 million loss for 2016  in a report released on Feb. 10, 2017.

Cameco swings to $62-million loss on write-downs as uranium market drags

By The Canadian Press February 10, 2017 - 6:40am Updated: February 10, 2017 - 6:40am

SASKATOON - Uranium producer Cameco (TSX;CCO) reported a net loss of $62 million for 2016 after the depressed market for its main product had it taking $362 million in...

Cameco will lay off 120 employees split between its Saskatchewan operations at McArthur River, Key Lake and Cigar Lake.

Cameco announces layoffs, projects loss for 2016

By 650 CKOM January 18, 2017 - 7:15am Updated: January 18, 2017 - 7:21am

Cameco will be letting go of about 10 per cent of the workers at three of its Saskatchewan mining and milling operations.   120 employees spread across the company's McArthur...

Cameco issued an alert to employees after a contractor was mauled by a wolf at its Cigar Lake mine on Monday.

Contractor mauled by wolf at Cigar Lake mine

By The Canadian Press August 30, 2016 - 4:28pm Updated: August 31, 2016 - 6:15am

A contractor working in northern Saskatchewan is recovering in hospital after he was mauled by a wolf.

The 26-year-old victim was on his lunch break at Cameco's Cigar...

Cameco issued an alert to employees after a contractor was mauled by a wolf at its Cigar Lake mine on Monday.

Contractor mauled by wolf at Cigar Lake mine

By Canadian Press August 30, 2016 - 7:28am Updated: August 30, 2016 - 11:21am

A mining company says a contractor at one of its sites in northern Saskatchewan is in hospital after he was mauled by a wolf.

Cameco says the 26-year-old victim was on...

Cameco's Cigar Lake uranium mine in northern Saskatchewan.

Petition blasts Cameco over alleged back taxes

By 650 CKOM June 15, 2016 - 5:15pm Updated: June 15, 2016 - 10:16pm

A petition signed by over 36,000 Canadians is calling on Cameco to face the taxman.   The uranium miner has been wrapped up in a years-long dispute with the Canada Revenue...

Photo of Rabbit Lake mine in northern Saskatchewan

Cameco CEO calms investors as uranium price, demand lags

By Daniella Ponticelli May 11, 2016 - 12:50pm Updated: May 11, 2016 - 1:13pm

Cameco reassured nervous investors Wednesday morning after deep cuts in Saskatchewan last month.

"We had anticipated things would get better sooner," said Cameco CEO Tim...

Located in northern Saskatchewan, Rabbit Lake is the longest-producing uranium operation in Saskatchewan.

Government sending help to those laid off from Rabbit Lake uranium mine

By Sarah Mills April 22, 2016 - 1:08pm Updated: April 22, 2016 - 1:30pm

Premier Brad Wall confirms the government's rapid response team is already working with some of the 500 people being laid off in northern Saskatchewan.

"To identify...

Located in northern Saskatchewan, Rabbit Lake is the longest producing uranium operation in Saskatchewan.

Cameco closes Rabbit Lake uranium mine, 500 laid off

By 650 CKOM April 21, 2016 - 5:57pm Updated: April 22, 2016 - 7:36am

Cameco is suspending production at its Rabbit Lake Mine operation in northern Saskatchewan, resulting in about 500 jobs lost.

In the release on their website, they also...

Cameco's Cigar Lake project.

Cameco lands on prestigious list for environmental policies

By 650 CKOM January 21, 2016 - 12:04pm Updated: January 21, 2016 - 12:06pm

Saskatoon based Cameco is receiving some high praise for its environmental and corporate policies.   The uranium producer is one of nine Canadian firms to make it onto the...

A semi hauling powdered uranium rolled north of Swift Current Monday, closing down Highway 4 for more than a day.

Highway 4 back open following uranium spill north of Swift Current

By 980 CJME January 13, 2016 - 7:34am Updated: January 13, 2016 - 11:04am

Highway 4 is back open north of Swift Current after a semi rolled Monday releasing some of the uranium concentrate it was carrying.

The RCMP turned the scene over to the...

A Cameco mine in northern Saskatchewan.

Fallen rock temporarily closes Cameco mine at Rabbit Lake

By 650 CKOM December 17, 2015 - 10:35am Updated: December 17, 2015 - 10:35am

Underground mining activities are on hold at Cameco's Rabbit Lake operation in northern Saskatchewan.   It's a precautionary measure after fallen rock was discovered in a ...