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TORONTO, April 15 (Reuters) - Canada and India are expected to announce Wednesday a uranium supply deal worth hundreds of millions of dollars where Canadian producer Cameco Corp would provide fuel for Indian reactors, according to a newspaper report on Wednesday. It is anticipated an agreement will be announced on the second day of Indian Prime Minister Narendra Modi's visit to Canada, said the Globe and Mail report citing unnamed sources. Canada banned exports of uranium and nuclear hardware to India in the 1970s after New Delhi used Canadian technology to develop a nuclear bomb. The two countries put this behind them with a deal that took effect in 2013 with the symbolic Canada-India Nuclear Cooperation Agreement. Modi arrived in Canada on April 14 for a short visit, the first bilateral visit by an Indian prime minister in 42 years. (Reporting by Euan Rocha Editing by W Simon)
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Cameco Corporation
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PRODUCER |
CODE : CCO.TO |
ISIN : CA13321L1085 |
CUSIP : 13321L108 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Cameco is a uranium producing company based in Canada. Cameco produces uranium, cobalt, copper, nickel and zinc in Canada, in Finland and in Kazakhstan, develops uranium in Australia and in Canada, and holds various exploration projects in Canada. Its main assets in production are RABBIT LAKE, KEY LAKE, SMITH RANCH, CROW BUTTE, MCARTHUR RIVER (SASKATCHEWAN), MC ARTHUR RIVER and MCARTHUR RIVER MINE in Canada, INKAI and HIGHLAND in Kazakhstan and TALVIVAARA in Finland, its main assets in development are CIGAR LAKE and MILLENNIUM in Canada and KINTYRE in Australia and its main exploration properties are EAGLE POINT, DAWN LAKE, SMART LAKE, BOOMERANG and DAWSON in Canada. Cameco is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 23.3 billions as of today (US$ 18.7 billions, € 16.4 billions). Its stock quote reached its lowest recent point on December 26, 2003 at CA$ 10.02, and its highest recent level on March 28, 2024 at CA$ 58.98. Cameco has 395 792 522 shares outstanding. |