| Cameco Port Hope Conversion Facility Workers Accept New Collective Agreement | |
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Saskatoon, Saskatchewan, Canada, July 8, 2016
Cameco (TSX: CCO; NYSE: CCJ) announced today that unionized employees at Cameco's Port Hope conversion facility have voted to accept a new collective agreement.
Approximately 230 employees, represented by United Steelworkers locals 13173 and 8562, have agreed to a three-year contract that includes a seven per cent wage increase over the term of the agreement. The previous contract expired on June 30, 2016.
Cameco's Port Hope plant is the only uranium conversion facility in Canada producing uranium hexafluoride (UF) and the only commercial supplier of natural uranium dioxide (UO) conversion services needed to produce fuel for Candu nuclear reactors. Total workforce at the Port Hope conversion facility, including managers and salaried employees, is approximately 385.
Profile
Cameco is one of the world's largest uranium producers, a significant supplier of conversion services and one of two Candu fuel manufacturers in Canada. Our competitive position is based on our controlling ownership of the world's largest high-grade reserves and low-cost operations. Our uranium products are used to generate clean electricity in nuclear power plants around the world. We also explore for uranium in the Americas, Australia and Asia. Our shares trade on the Toronto and New York stock exchanges. Our head office is in Saskatoon, Saskatchewan.
Investor inquiries:
Rachelle Girard
306-956-6403
Media inquiries:
Rob Gereghty
306-956-6190
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Cameco Corporation
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PRODUCTEUR |
CODE : CCO.TO |
ISIN : CA13321L1085 |
CUSIP : 13321L108 |
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Cameco est une société de production minière d'uranium basée au Canada. Cameco est productrice d'uranium, de cobalt, de cuivre, de nickel et de zinc au Canada, au Kazakhstan et en Finlande, en développement de projets d'uranium au Canada et en Australie, et détient divers projets d'exploration au Canada. Ses principaux projets en production sont RABBIT LAKE, KEY LAKE, SMITH RANCH, CROW BUTTE, MCARTHUR RIVER (SASKATCHEWAN), MC ARTHUR RIVER et MCARTHUR RIVER MINE au Canada, INKAI et HIGHLAND au Kazakhstan et TALVIVAARA en Finlande, ses principaux projets en développement sont CIGAR LAKE et MILLENNIUM au Canada et KINTYRE en Australie et ses principaux projets en exploration sont EAGLE POINT, DAWN LAKE, SMART LAKE, BOOMERANG et DAWSON au Canada. Cameco est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 26,4 milliards CA$ (19,2 milliards US$, 18,0 milliards €). La valeur de son action a atteint son plus bas niveau récent le 26 décembre 2003 à 10,02 CA$, et son plus haut niveau récent le 19 avril 2024 à 66,60 CA$. Cameco possède 395 792 522 actions en circulation. |