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Cameco, with it's head office in
Saskatoon, Saskatchewan, is the
world's largest uranium producer.
Its operations include the world's
largest, high-grade uranium mines,
located in Saskatchewan and
Canada's only uranium processing
facilities, located in Ontario.
Through its wholly owned
American subsidiaries, Cameco
obtains uranium from operations
in Wyoming and Nebraska.
Cameco's uranium products are
used to generate electricity in
nuclear power plants around the
world, providing one of the
cleanest sources of energy
available today. The company also
mines gold in Kyrgyzstan in
Central Asia. Cameco explores for
minerals in North America,
Australia and Asia.
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| 1999 OVERVIEW |
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Cash Flow Per Share ($)
Cameco posted record cash from operations
in 1999, continuing the trend of strong
cash generation.
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Net Earnings Per Share ($)
In 1999, Cameco's earnings were impacted
by two significant items, a gain on the
sale of some uranium interests and the write
down of certain gold assets.
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Adjusted Net
Earnings Per Share
($ before special
items)
While adjusted
net earnings decreased in 1999, the ability
to generate a profit in difficult markets
is a reflection of Cameco's resilience.
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