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Cameco Corp (CCO.TO)

CCO.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Canada Revenue Agency Appeals Tax Court Of Canada Decision
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Cameco Corp ::CANADA REVENUE AGENCY APPEALS TAX COURT OF CANADA DECISION.CAMECO CORP - DESPITE CRA'S APPEAL, CAMECO WILL BE MAKING AN APPLICATION TO COURT TO RECOVER "SUBSTANTIAL" COSTS INCURRED OVER COURSE OF THE CASE.CAMECO - GOT NOTIFICATION THAT CRA FILED APPEAL WITH FEDERAL COURT OF APPEAL REGARDING TAX COURT OF CANADA DECISION OF SEPT. 26 IN FAVOUR OF CO.CAMECO CORP - TAX COURT DECISION AND CRA APPEAL APPLY ONLY TO CO'S 2003, 2005 AND 2006 TAX YEARS.CAMECO - EXPECT ANY FURTHER ACTIONS REGARDING SUBSEQUENT TAX YEARS THAT HAVE BEEN REASSESSED (2007 THROUGH 2012) WILL BE SUSPENDED UNTIL RESOLUTION.CAMECO CORP - TAX YEARS 2013 AND BEYOND HAVE NOT YET BEEN REASSESSED, AND IT IS UNCERTAIN WHAT AUDIT APPROACH CRA WILL TAKE.  Full Article

Denison To Increase Its Interest In The Wheeler River Uranium Project
Tuesday, 4 Sep 2018 

Sept 4 (Reuters) - Denison Mines Corp ::DENISON TO INCREASE ITS INTEREST IN THE WHEELER RIVER URANIUM PROJECT.DENISON MINES - TO INCREASE ITS OWNERSHIP IN WHEELER RIVER URANIUM PROJECT THROUGH ACQUISITION OF CAMECO'S MINORITY INTEREST IN THE PROJECT.DENISON MINES - TO ACQUIRE 100% OF CAMECO'S INTEREST IN WHEELER RIVER JV FOR ISSUANCE OF 24.6 MILLION SHARES OF CO AT DEEMED PRICE OF $0.65 PER SHARE.DENISON MINES CORP - TOTAL CONSIDERATION VALUED AT APPROXIMATELY $16 MILLION.DENISON MINES CORP - ACQUISITION OF CAMECO'S INTEREST IN WHEELER RIVER JV WILL INCREASE CO'S INTEREST IN PROJECT TO 90%.DENISON MINES CORP - TRANSACTION IS NOT CONDITIONAL ON JCU WAIVING ITS ROFR.DENISON MINES CORP - SHOULD JCU ELECT TO EXERCISE ROFR, PURCHASE PRICE TO BE PAID TO CAMECO BY DENISON SHALL BE REDUCED TO APPROXIMATELY $13.9 MILLION.  Full Article

Cameco Responds To US Department Of Commerce Uranium Imports Investigation
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Cameco Corp ::CAMECO RESPONDS TO THE US DEPARTMENT OF COMMERCE INITIATION OF A SECTION 232 INVESTIGATION INTO URANIUM IMPORTS.CAMECO CORP - "TOO EARLY TO SPECULATE ON WHAT EFFECT THIS INVESTIGATION COULD HAVE ON CAMECO OR OUR CANADIAN AND US OPERATIONS".CAMECO CORP - NO IMMEDIATE IMPACT ON CO'S EXISTING CONTRACTS FROM U.S. DOC INITIATION OF SECTION 232 INVESTIGATION INTO URANIUM IMPORTS.CAMECO CORP - DELIVERIES TO OUR U.S. UTILITY CUSTOMERS WILL CONTINUE AS USUAL.CAMECO CORP - HAS U.S. OPERATIONS CURRENTLY IN STATE OF CARE AND MAINTENANCE.CAMECO CORP - ABOUT 30 PERCENT OF CO'S TOTAL SALES BY VOLUME LAST YEAR WERE TO US UTILITIES.  Full Article

Energy Fuels Enters Asset Purchase Agreement With Excalibur Industries And EFR Services LLC
Thursday, 28 Jun 2018 

June 28 (Reuters) - Energy Fuels Inc ::ENERGY FUELS SAYS ON JUNE 22, ENTERED INTO AN ASSET PURCHASE AGREEMENT WITH EXCALIBUR INDUSTRIES AND EFR SERVICES LLC - SEC FILING.ENERGY FUELS - AS PER ASSET PURCHASE AGREEMENT, CO, THROUGH EFR, WILL ACQUIRE ROYALTIES IN CO'S NICHOLS RANCH ISR PROJECT IN WYOMING.ENERGY FUELS - AS PER ASSET PURCHASE AGREEMENT, CO, THROUGH EFR, WILL ACQUIRE ROYALTIES ON SEVERAL WYOMING ISR PROJECTS OWNED & OPERATED BY POWER RESOURCES.ENERGY FUELS - AS CONSIDERATION FOR THE WYOMING ROYALTIES, CO WILL DELIVER TO EXCALIBUR, COMMON SHARES OF CO HAVING A TOTAL VALUE OF $3.6 MILLION.  Full Article

Cameco Corp Reports Qtrly Earnings Per Share Of $0.14
Friday, 27 Apr 2018 

April 27 (Reuters) - Cameco Corp ::CAMECO CORP QTRLY EARNINGS PER SHARE $0.14.CAMECO CORP QTRLY REVENUE $439 MILLION VERSUS $393 MILLION.CAMECO CORP QTRLY ADJUSTED EARNINGS PER SHARE $0.06.CAMECO CORP - 2018 ANNUAL GUIDANCE LARGELY UNCHANGED.CAMECO CORP - "WE EXPECT CASH FLOW IN 2018 TO BE SIMILAR TO 2017".  Full Article

IsoEnergy To Buy Dawn Lake North Block To Expand Geiger Property In Athabasca Basin
Monday, 26 Mar 2018 

March 26 (Reuters) - Isoenergy Ltd ::ISOENERGY TO ACQUIRE DAWN LAKE NORTH BLOCK TO EXPAND GEIGER PROPERTY IN THE ATHABASCA BASIN.ISOENERGY - IN EXCHANGE FOR 100% INTEREST IN PROPERTY, ISOENERGY WILL PAY C$200,000 IN CASH AND WILL ISSUE 3.3 MILLION COMMON SHARES TO JOINT VENTURE.ISOENERGY - ENTERED INTO AN AGREEMENT WITH CAMECO CORP., ORANO CANADA INC. AND JCU EXPLORATION COMPANY TO ACQUIRE 100% INTEREST IN 33 MINERAL CLAIMS.  Full Article

Cameco to suspend production from McArthur River, Key Lake operations
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Cameco Corp ::Cameco to suspend production from McArthur River and key lake operations and reduce its dividend.Cameco Corp - ‍annual dividend will be reduced to $0.08 per common share in 2018​.Cameco - ‍production from McArthur river mining, key lake milling operations in northern Saskatchewan will be temporarily suspended by end of Jan. 2018​.Cameco Corp - ‍as result of suspension, workforce at McArthur River mining & Key Lake milling operations​ will be reduced temporarily by about 845 workers.Cameco Corp says expect co's share of costs to maintain both operations during suspension to range between $6.5 and $7.5 million per month​.Cameco Corp - annual dividend of $0.08 per common share in 2018 is a reduction of $0.32 per common share on an annual basis.​.  Full Article

Cameco qtrly GAAP loss per share $0.31‍​
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Cameco Corp ::Cameco reports third quarter results.Cameco Corp - qtrly GAAP loss per share $0.31‍​.Cameco Corp - qtrly ‍​ adjusted net losses per share $0.13.Cameco Corp - qtrly ‍revenue $486 million versus $670 million​.Q3 earnings per share view C$0.05, revenue view C$494.1 million -- Thomson Reuters I/B/E/S.Cameco Corp - continue to expect 2017 adjusted net earnings to be weaker than in 2016​.Cameco Corp - ‍in uranium segment, co expects production of 24.0 million pounds, delivery volumes between 32 million and 33 million pounds for 2017​.Cameco Corp - ‍continue to expect cash from operations to be higher in 2017 than $312 million reported in 2016​.Cameco Corp - ‍on a consolidated basis, we expect a tax expense of less than $10 million, and capital expenditures of $160 million​ for 2017.Cameco Corp - ‍"remain confident in our position" on CRA trial; expect decision from judge could take six to 18 months​.Cameco Corp - ‍Q3 results impacted by loss of revenue under disputed TEPCO contract and associated $111 million impairment of NUKEM's goodwill​.Cameco corp - ‍in uranium segment, co expects delivery volumes between 32 million and 33 million pounds, average realized price of $47.50/lb​ for 2017.Cameco Corp - ‍"there has been little change to market and we continue to face difficult conditions​".Cameco Corp - ‍willing to accept some variability in production this year & expect there could be further variability in future.  Full Article

Cameco Corp appoints Brian Reilly as Cameco's COO
Thursday, 11 May 2017 

May 11 (Reuters) - Cameco Corp ::Cameco Corp - appointment of Brian Reilly as Cameco's senior vice-president and chief operating officer.Cameco Corp - Reilly will succeed Bob Steane who is retiring on June 30, 2017.  Full Article

Cameco Q4 adjusted earnings per share $0.23
Thursday, 9 Feb 2017 

Cameco Corp : Cameco reports fourth quarter and 2016 financial results . Qtrly loss per share $0.36 . Qtrly adjusted earnings per share $0.23 . Qtrly revenue $887 million versus $975 million . "We see continued growth in reactor construction and, consequently, increasing uranium demand" .Q4 earnings per share view c$0.26, revenue view C$824.8 million -- Thomson Reuters I/B/E/S.  Full Article

Top uranium producer Kazatomprom may sell 25 percent stake in London/Astana float

Kazatomprom [KZTPR.UL], the world's biggest uranium producer, said it will float up to a 25 percent stake in its planned initial public offering in London and Kazakhstan, as it looks to cash in on robust demand for the rare metal.