Alice Springs Town Council Question Time Cameco -Jane Clark

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Mining giant Cameco confirms discussions with China on supply agreement

CEO Jerry Grandey told reporters there is ongoing dialogue with the potentially large uranium customer, but he could not reveal details.

I wonder why

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Cameco president and CEO Jerry Grandey told analysts and media that no timetable to repair the damage can be produced until the company comes up with a plan on how to pump out the mine from surface and get down to the area that failed and close up the leak.

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Great Lakes leaking from 'drain hole': group

Updated Wed. Aug. 15 2007 9:53 AM ET

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Cameco allows mine to flood

Mine abandoned

Murray Lyons, The StarPhoenix

Published: Tuesday, October 24, 2006 northern Saskatchewan has been put in doubt, after efforts to contain a flood at the Cigar Lake mine failed Monday morning.

Mine engineers from Cameco Corp. were unable to get one of the mine's huge bulkhead doors to seal properly and stem the fl ow of water that had been pouring in at a rate of 1,500 cubic metres an hour since Sunday afternoon.

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Yeelirrie is Australia's second-largest undeveloped uranium deposit, with more than 52,000 tonnes of resources, behind only the mothballed Jabiluka mine in the Northern Territory. BHP Billiton plans to produce an average of 5,000 tonnes of uranium a year from the deposit, with a mine life of more than 30 years.