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After a long and challenging 14 months, Cameco Corporation has received permission to resume production at its uranium hexaflouride (UF6) plant. “We’re in the final stages of putting the plant back into operation and production should start within the next several days,” said Andy Oliver, vice president of Cameco’s fuel services division, during a presentation to Port Hope council on Sept. 16. He detailed the status of the contamination at Cameco’s Port Hope conversion plant.
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British Columbia, Sept 16 (Reuters) - Cameco Corp has resolved the leak problem at its Port Hope, Ontario, nuclear conversion plant and hopes to restart it at a reduced rate within the next few days, the company said on Tuesday.
more from www.reuters.com
Lakeshore Road residents in partnership with Lake Ontario Waterkeeper are seeking an application for an investigation to determine whether Cameco Corporation may be in violation of Ontario's environmental laws. The province has until early November to respond to the request. The Port Hope application was submitted to the Environmental Commissioner of Ontario on Monday, Aug. 25, Lake Ontario Waterkeeper president and environmental lawyer Mark Mattson said Thursday, August 28.
more from www.northumberlandtoday.com
Cameco Corp (CCO.TO: Quote, Profile, Research), the world's top uranium producer, said on Friday it will take an 11 percent stake in closely held Govi High Power Exploration Inc for $28 million and team up with the company to explore for uranium in Niger. The deal will also give the Canadian company the right to acquire a further 10 percent stake in GoviEx for $31 million and the miner could eventually boost its holding to 48 percent, for a further cost of between $145 million and $212 million, depending on timing.
more from uk.reuters.com
At Cameco Inc.'s Smith Ranch-Highland in-situ leach uranium mine, a typical barrel holds about 883 pounds of "yellowcake," which is 83 percent U308, the foundation of nuclear fuel that has sparked a mining rush in Wyoming. Price-wise, it's worth about $64 per pound on the spot market, and about $45 on contract -- the equivalent of about 450 barrels of oil.
more from www.casperstartribune.net
A Canadian company that acquired a reported 550 tonnes of yellowcake uranium from Iraq says that the U.S. military wanted the deal to be kept quiet. "We were following the request of the U.S. government,'' Saskatoon-based Cameco Corp. spokesperson Lyle Krahn told The Canadian Press of the clandestine route the material took to get out of Baghdad and to Canada.
more from www.ctv.ca
Representatives from the mining company Cameco addressed the Alice Springs Town Council last night. The company wants to mine 25 kilometres south of Alice Springs and was given 10 minutes to present the pros and cons of uranium mining. A group of about 20 community members crammed into the Alice Springs Town Council chambers to hear the Cameco deputation.
more from www.abc.net.au
Canada's Cameco Corporation and Kazatomprom of Kazakhstan have announced the formation of a new joint-owned company, Ulba Conversion LLP, to move forward with development work on a 12,000 tonne uranium hexafluoride conversion facility in Kazakhstan.
more from www.world-nuclear-news.org
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