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Highlights

   
Three Months Ended
 
Nine Months Ended
   
Sept. 30/97
 
Sept. 30/96
 
Sept. 30/97
 
Sept. 30/96

Financial (in millions) (unaudited)                
Revenue   $187   $176   $463   $457
Earnings from operations   40   39   113   109
Net earnings   21   38   63   106
Cash provided by operations   43   49   44   87
Working capital (end of period)   -   -   295   293
Capital employed (end of period)   -   -   1,941   1,663
Long-term debt (% of capital employed)   -   -   7.2%   11.9%
                 
Per common share                
Net earnings   $0.39   $0.72   $1.19   $2.00
Cash provided by operations   0.79   0.92   0.81   1.65
Dividend   0.125   0.125   0.375   0.375
Weighted average number of paid common shares outstanding ('000s)   54,313   52,911   53,484   52,970
                 
Average uranium spot price for the period (US$/lb)   $10.52   $16.26   $11.93   $15.70
                 
Note: Currency amounts are expressed in Canadian dollars unless stated otherwise.