Strength

Reliable customers

Cameco's customers are primarily large, financially strong utilities that power homes and industry around the world. They are typically state owned or regulated and rarely falter in difficult economic times.

Clean electricity

The environmental and economic advantages of nuclear energy answer the needs of countries seeking to reduce emissions of greenhouse gases and dependence on fossil fuels. These advantages fuel future growth.

High-grade reserves

Cameco owns the world's richest high-grade uranium reserves. Our reserves and resources combined with advanced exploration projects are expected to sustain our operations for decades to come.

Diversified operations

Cameco's operations and investments span the nuclear fuel cycle from exploration to electricity generation. We have uranium assets on five continents, including the richest reserves and low-cost operations in Canada.

Strategy

Marketing

Cameco's reliable revenue streams are a result of carefully negotiated, long-term contracts. Many of the contracts, that reference the spot price, provide downside protection with attractive floor prices. In addition, the remaining contracts have fixed prices with inflation protection.

Acquisitions

Cameco is poised to seize value-adding opportunities – building on a diversified portfolio of highly prospective global exploration properties, strong strategic partnerships and joint ventures that further enhance our vertically integrated operations.

Prudence

A cautious outlook and prudent approach to growth will continue to secure Cameco's position for the future. Existing programs have been streamlined and expenditures have been prioritized, enabling us to pursue opportunities for expansion on a selective basis.

Success

We have strong and consistent revenue streams because the world needs the uranium we supply for clean, reliable electricity, despite uncertainty in the global economy.

We deliver solid financial performance and take a conservative approach to financial management.

We have record annual results for revenue and adjusted net earnings for 2008 after increasing these totals in each of the last six years.

We are renewing our focus on safety, operational excellence and environmental leadership to leverage our assets to generate returns for our shareholders.