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Cameco
Cameco Corporation (formerly Canadian Mining and Energy Corporation) is the world's largest publicly traded uranium company, based in Saskatoon, Saskatchewan, Canada. In 2015, it was the world's second largest uranium producer, accounting for 18% of world production. History The Canadian Mining and Energy Corporation was formed in 1988 by the merger and privatization of two Crown corporations: the federally owned Eldorado Nuclear Limited (known previously as Eldorado Mining and Refining Limited) and Saskatchewan-based Saskatchewan Mining Development Corporation (SMDC). The name was later shortened to "Cameco Corporation". The new company was initially owned 62% by the provincial government and 38% by the federal government. The initial public offering (IPO) for 20% of the company was conducted in July, 1991. Government ownership of the company decreased over the next eleven years, with full privatization occurring in February, 2002. In 1996, Cameco acquired Power Resources ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cameco2
Cameco Corporation (formerly Canadian Mining and Energy Corporation) is the world's largest publicly traded uranium company, based in Saskatoon, Saskatchewan, Canada. In 2015, it was the world's second largest uranium producer, accounting for 18% of world production. History The Canadian Mining and Energy Corporation was formed in 1988 by the merger and privatization of two Crown corporations: the federally owned Eldorado Nuclear Limited (known previously as Eldorado Mining and Refining Limited) and Saskatchewan-based Saskatchewan Mining Development Corporation (SMDC). The name was later shortened to "Cameco Corporation". The new company was initially owned 62% by the provincial government and 38% by the federal government. The initial public offering (IPO) for 20% of the company was conducted in July, 1991. Government ownership of the company decreased over the next eleven years, with full privatization occurring in February, 2002. In 1996, Cameco acquired Power Resources ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
McArthur River Uranium Mine
The McArthur River Uranium Mine, in northern Saskatchewan, Canada, is the world's largest high-grade uranium deposit. The McArthur River deposit was discovered in 1988. The property is located as the crow flies north of Saskatoon, Saskatchewan and northeast of the Key Lake mill in the uranium rich Athabasca Basin. Mine construction began in 1997, with production commencing in 1999. The mine achieved full commercial production in November 2000. Production is regulated at of yellowcake a year with the ore being processed through the Key Lake mill. Between 2000 and 2013, the McArthur River/Key Lake operation produced U3O8. This production figure includes blended low grade stockpiles from the former Key Lake mine as well as ore derived from the McArthur River mine. Ignoring the fact that 2000 mostly saw a rampup to full scale production and the effect of the Key Lake mine ore, this averages to roughly yearly production or some 96% of the above-mentioned 18.7 million pound per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cigar Lake
The Cigar Lake Mine is a large high-grade underground uranium mine, located in the uranium-rich Athabasca Basin of northern Saskatchewan, Canada, at the south-west corner of Waterbury Lake. The deposit, discovered in 1981, is second in size of high-grade deposits only to the nearby McArthur River mine. Other deposits, such as Olympic Dam in Australia, contain more uranium but at lower grades. History Full-scale construction began in 2005 with production originally planned for 2007, but the mine experienced a catastrophic water inflow in October 2006, which flooded the mine. A second inflow occurred in 2008 during the first attempt at dewatering the mine after sealing the initial inflow. Remediation efforts continued, and re-entry was successfully accomplished in 2010. Production was delayed several times with the startup dates being announced for 2011, 2013, and 2014. On March 13, 2014, ore production began at the mine, with the mining system and underground processing circuit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rabbit Lake Mine
Rabbit Lake is the second largest uranium milling facility in the western world, and is the longest operating uranium production facility in Saskatchewan. The facility is located approximately 800 km north of Saskatoon, Saskatchewan, on the northeast edge of the uranium rich Athabasca Basin. The closest community is Wollaston Lake, about 40 kilometers by lake or air. Rabbit Lake was the first Canadian mine to offer a seven-days-in/seven-days-out commuter system of staffing. Access is provided by Highway 905. Production at Rabbit Lake was suspended in April 2016. Operations The Rabbit Lake deposit was discovered in 1968 and production started in 1975 using open-pit mining methods. The Rabbit Lake pit was mined out in 1984. Exploration resulted in the discovery of additional deposits in the area. The Eagle Point deposit is being mined using underground mining methods. Between 1975 and 2011, Rabbit Lake has produced 186.3 million pounds U3O8. Recent exploration drilling ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Talvivaara Mining Company
Ahtium (known until 2017 as the Talvivaara Mining Company; fi, Talvivaaran Kaivososakeyhtiö Oyj) was a Finnish mining company that operated the Talvivaara nickel mine from the company's establishment in 2004 until the mining business was sold to the state-owned in 2015. Formerly listed on the London and Helsinki Stock Exchanges, the company was a constituent of the OMXH25 index. Its mining business, Talvivaara Sotkamo, went bankrupt in November 2014, and it is bound for liquidation, with at least 98% of equity lost, and €1.4 million debt outstanding. The mine had suffered several leaks of toxic metal-contaminated tailings, which had threatened local waterways. Members of the management were charged with criminal environmental offenses. There has been considerable government involvement, with the Government of Finland being the largest single owner through their investment company Solidium. In 2015, the newly established government-owned corporation Terrafame bought the mi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uranium Mining In The United States
Uranium mining in the United States produced of U3O8 in 2019, 88% lower than the 2018 production of of U3O8 and the lowest US annual production since 1948. The 2019 production represents 0.3% of the anticipated uranium fuel requirements of the US's nuclear power reactors for the year. Production came from five in-situ leaching plants in Nebraska and Wyoming (Crow Butte, Lost Creek Project, Ross CPP, North Butte, and Smith Ranch-Highland), and one underground mine. From 1949 to 2019, total US production of uranium oxide (U3O8) was 979.9 million pounds (444,500 tonnes). History While uranium is used primarily for nuclear power, uranium mining had its roots in the production of radium-bearing ore from 1898 from the mining of uranium-vanadium sandstone deposits in western Colorado. The 1950s saw a boom in uranium mining in the western U.S., spurred by the fortunes made by prospectors such as Charlie Steen. The United States was the world's leading producer of uranium from 1953 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nukem Energy
Nukem GmbH, together with its subsidiary Nukem Inc., markets nuclear fuel components and speciality products utilities worldwide. Since the 1970s, Nukem has transitioned from playing a modest role in uranium brokerage to becoming one of the world's largest intermediaries in the international nuclear fuel market. History Nukem was established in 1960 by Degussa, Rio Tinto and Mallinckrodt. In 1965, RWE acquired 25% of shares. Effective April 1, 2006, the private equity firm Advent International has taken over Nukem. In 2007, Nukem sold its subsidiaries NUKEM Ltd. to Freyssinet SAS, NUKEM Corp. to EnergySolutions, NIS Ingenieure and Assistance Nucleaire S.A. to Siempelkamp. On 14 December 2009, Nukem sold its subsidiary Nukem Technologies, which is dealing with nuclear power plant decommissioning, waste management and engineering services, to Russian Atomstroyexport for €23.5 million. In 2012, the company was acquired by Cameco Cameco Corporation (formerly Canad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Westinghouse Electric Company
Westinghouse Electric Company LLC is an American nuclear power company formed in 1999 from the nuclear power division of the original Westinghouse Electric Corporation. It offers nuclear products and services to utilities internationally, including nuclear fuel, service and maintenance, instrumentation, control and design of nuclear power plants. Westinghouse's world headquarters are located in the Pittsburgh suburb of Cranberry Township, Pennsylvania. Brookfield Business Partners, a Canadian private equity fund and a subsidiary of Brookfield Asset Management is the majority owner of Westinghouse. On March 24, 2017, parent company Toshiba announced that Westinghouse Electric Company would file for Chapter 11 bankruptcy because of US$9 billion of losses from nuclear reactor construction projects. The projects responsible for this loss are mostly the construction of four AP1000 reactors at Vogtle in Georgia and the Virgil C. Summer plant in South Carolina. Westinghouse filed fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eldorado Mining And Refining Limited
Eldorado Resources was a Canadian mining company active between 1926 and 1988. The company was originally established by brothers Charles and Gilbert LaBine as a gold mining enterprise in 1926, but transitioned to focus on radium in the 1930s and uranium beginning in the 1940s. The company was nationalized into a Crown corporation in 1943 when the Canadian federal government purchased share control. Eldorado Resources was merged with the Saskatchewan Mining Development Corporation in 1988 and the resulting entity was privatized as Cameco Corporation. The remediation of some mining sites and low-level nuclear waste continue to be overseen by the Government of Canada through Canada Eldor Inc., a subsidiary of the Canada Development Investment Corporation. History Eldorado was originally established as Eldorado Gold Mines but, after finding radioactive deposits at Great Bear Lake, Northwest Territories in 1930, the company transitioned to primarily mining radioactive materials. Gil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saskatoon
Saskatoon () is the largest city in the Provinces and territories of Canada, Canadian province of Saskatchewan. It straddles a bend in the South Saskatchewan River in the central region of the province. It is located along the Trans-Canada Highway, Trans-Canada Yellowhead Highway, and has served as the cultural and economic hub of central Saskatchewan since its founding in 1882 as a Temperance movement, Temperance colony. With a Canada 2021 Census, 2021 census population of 266,141, Saskatoon is the List of cities in Saskatchewan, largest city in the province, and the List of census metropolitan areas and agglomerations in Canada, 17th largest Census Metropolitan Area in Canada, with a 2021 census population of 317,480. Saskatoon is home to the University of Saskatchewan, the Meewasin Valley Authority (which protects the South Saskatchewan River and provides for the city's popular riverbank park spaces), and Wanuskewin Heritage Park (a National Historic Site of Canada and UNES ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crown Corporations Of Canada
Crown corporations in Canada are government organizations with a mixture of commercial and public-policy objectives.Tupper, Allan. 2006 February 7.Crown Corporation" ''The Canadian Encyclopedia'' (last edited 2021 March 18). Retrieved 2021 May 19. They are directly and wholly owned by the Crown (i.e. the government of Canada or a province). Crown corporations represent a specific form of state-owned enterprise. Each corporation is ultimately accountable to (federal or provincial) Parliament through a relevant minister for the conduct of its affairs. They are established by an Act of Parliament and report to that body via the relevant minister in Cabinet, though they are "shielded from constant government intervention and legislative oversight" and thus "generally enjoy greater freedom from direct political control than government departments." Crown corporations are distinct from "departmental corporations" such as the Canada Revenue Agency. Crown corporations have a long-st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saskatchewan Mining Development Corporation
The Saskatchewan Mining Development Corporation (SMDC) was a provincial crown corporation established in 1974 by the Government of Saskatchewan to manage the government's interests in exploration and mining in the province. It was active in the exploration for Uranium, Gold, and Diamonds. In 1988, the assets of SMDC were merged with those of Eldorado Nuclear Limited, under the terms of ''The Saskatchewan Mining Development Corporation Reorganization Act'', to form Cameco Corporation with its head office in Saskatoon, Saskatchewan Saskatchewan ( ; ) is a Provinces and territories of Canada, province in Western Canada, western Canada, bordered on the west by Alberta, on the north by the Northwest Territories, on the east by Manitoba, to the northeast by Nunavut, and on t .... References External links *The Saskatchewan Mining Development Corporation Reorganization Act - HTMLPDF Defunct mining companies of Canada Former Crown corporations of Canada Uranium mining com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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