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Meeting pledges to triple nuclear capacity by 2050 will mean opportunities for all stages of the nuclear supply chain. These opportunities - and associated challenges - were widely discussed at the World Nuclear Fuel Cycle 2024 conference which took place in Almaty, Kazakhstan.
- Source: World Nuclear News
- Date: Wednesday, 24 April 2024
- Original article: world-nuclear-news.org/Articles/Fuel-cycle-players-explore-opportunities-and-chall
The Canadian company said it is strategically positioned to increase tier-one production and plans to begin work to extend the life of the Cigar Lake mine to 2036 as well as looking into expanding production capacity at McArthur River/Key Lake.
- Source: World Nuclear News
- Date: Friday, 09 February 2024
- Original article: world-nuclear-news.org/Articles/Cameco-looks-to-increase-production-as-net-earning
Substantial uranium spot price improvements have contributed to higher average realised prices, CEO Tim Gitzel said in the company's third-quarter results announcement which also includes updates on the progress of the first shipment of its share of 2023 production from Inkai in Kazakhstan and news of a new senior appointment to head its UK subsidiary.
- Source: World Nuclear News
- Date: Thursday, 02 November 2023
- Original article: world-nuclear-news.org/Articles/Cameco-increases-2023-revenue-outlook
EU supply agency also warns of continued dependence on Moscow for VVER nuclear fuel
- Source: Nucnet
- Date: Friday, 20 October 2023
- Original article: nucnet.org/news/97-of-europe-s-natural-uranium-comes-from-overseas-but-russia-deliveries-fall-10-4-2023
Cameco and Kazatomprom have increased their sales and revenue guidance for 2023 upwards as market fundamentals continue to improve.
- Source: World Nuclear News
- Date: Friday, 04 August 2023
- Original article: world-nuclear-news.org/Articles/Uranium-results-reflect-market-improvements
2022 has been a "transformative" year for the company, CEO Tim Gitzel said, with record long-term contracting, the resumption of production at McArthur River and Key Lake, an increase in its ownership of Cigar Lake and its joint acquisition of Westinghouse. The company reported net earnings of CAD89 million (USD66.5 million) for the year.
- Source: World Nuclear News
- Date: Saturday, 11 February 2023
- Original article: world-nuclear-news.org/Articles/Cameco-reaps-benefits-of-best-ever-fuel-market-fun
State nuclear company Kazatomprom, the world’s largest producer and seller of natural uranium, said the shipment was of uranium it owns with the Inkai joint venture with Canadian uranium miner Cameco.
The Trans-Caspian International Transport Route was originally developed in 2018 to mitigate the risk should the usual primary route via St Petersburg in Russia be unavailable.
The alternative route was developed because the Port of St Petersburg was temporarily unavailable to some categories of nuclear material when the city was to host football matches as part of the 2018 World Cup.
- Source: Nucnet
- Date: Thursday, 22 December 2022
- Original article: nucnet.org/news/uranium-shipment-arrives-in-canada-via-non-russian-route-12-3-2022