Cameco closes $366m private placement

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“In a market where we believe the demand for secure and carbon-free nuclear electricity generation and the fuel required to run reactors is stronger and more durable than ever, Cameco is well-positioned for disciplined and sustainable growth, while maintaining the ability to self-manage risk.”

Cameco is one of the world’s largest uranium producers with operations in  North America, Europe, and Asia. In Canada, the company operates the Cigar Lake mine, Rabbit Lake mine, McArthur Lake mine, and the Key Lake mill in northern Saskatchewan. The Millennium project is located nearby. The Blind River refinery and Port Hope conversion facility are located in Ontario.

In the United States, the company has operations at North Butte and Smith Ranch-Highland in Wyoming, and Crow Butte in Nebraska. In South Carolina it operates the Columbia fuel fabrication plant. Fuel fabrication is also done in the United Kingdom and Sweden. The…

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