| Cameco sees 2015 uranium output of 6-8 mln pounds at Canada mine | |
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WINNIPEG, Manitoba, Jan 13 (Reuters) - Canadian uranium producer Cameco Corp said on Tuesday it expected its newest mine at Cigar Lake, Saskatchewan, to produce 6 million to 8 million pounds of uranium concentrate in 2015. The mine, which began production in March 2014, produced 340,000 pounds last year, in line with expectations, Cameco said in a statement after markets closed. The Saskatoon, Saskatchewan-based company expects the mine to reach its full annual production rate of 18 million pounds by 2018. Cameco operates the Cigar Lake mine and owns 50 percent, with smaller stakes held by Areva SA, Japan's Tokyo Electric Power Co Inc and Idemitsu Kosan Co Ltd . Areva owns 70 percent of the McClean Lake mill, which processes ore from Cigar Lake, with smaller stakes owned by Denison Mines Corp and Ourd Canada. (Reporting by Rod Nickel in Winnipeg, Manitoba. Editing by Andre Grenon)
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Denison Mines Corp
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PRODUCER |
CODE : DML.TO |
ISIN : CA2483561072 |
CUSIP : 248356107 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Denison Mines is a uranium producing company based in Canada. Denison Mines produces uranium, nickel in Canada, develops uranium in Canada and in Zambia, and holds various exploration projects in Canada, in Mongolia and in Zambia. Its main assets in production are MCCLEAN LAKE, DANEROS and ARIZONA 1 (ARIZONA STRIP) in Canada, its main assets in development are MIDWEST and MIDWEST - MAE ZONE in Canada and MUTANGA in Zambia and its main exploration properties are WOLLY, PARK CREEK, HUARD-KIRSCH LAKE, LARK-ROYAL, THOMPSON PROJECT, GEITUS, BLUE JAY PROJECT, MARCY-LOOK, BELL LAKE, MOORE LAKE, WHEELER RIVER, RIM CANYON, BEAVER SHAFT and WEST SUNDAY in Canada. Denison Mines is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 1.5 billions as of today (US$ 1.1 billions, € 1.0 billions). Its stock quote reached its lowest recent point on January 14, 2000 at CA$ 0.10, and its highest recent level on December 14, 2007 at CA$ 9.95. Denison Mines has 559 070 016 shares outstanding. |