Highlights

Highlights

		Three Months Ended				Six Months Ended
		June 30/98		June 30/97		June 30/98		June 30/97

Financial (in millions) (unaudited)
Revenue		$157		$162		$289		$276
Earnings from operations		33		46		59		73
Net earnings		19		28		37		42
Cash provided by operations		60		11		81		7
Working capital (end of period)						451		186


Per common share
Net earnings		$0.34		$0.53		$0.65		$0.80
Cash provided by operations		1.12		0.21		1.42		0.14
Dividend		0.125		0.125		0.25		0.25

Weighted average number of paid common shares outstanding (in thousands)		57,262		53,093		57,239		53,063

Average uranium spot price for the period (US$/lb)		$10.84		$11.51		$11.06		$12.64

Note: Currency amounts are expressed in Canadian dollars unless stated otherwise.