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2004 News Releases
Cameco Proceeds with Cigar Lake Mine Construction
December 21, 2004
Cameco Corporation announced today that the Cigar Lake joint venture has decided to proceed immediately with construction at the Cigar Lake project.
Cameco to Split Shares and Increase Dividend
December 9, 2004
Cameco Corporation announced today that its board of directors has approved a three-for-one stock split of the company's outstanding common shares.
Cameco Confirms it is Studying the Investment Potential of Point Lepreau
November 24, 2004
Cameco confirmed today that, together with its partners TransCanada and BPC Generation Infrastructure Trust, it has requested Bruce Power Inc. to assist in the study of a potential investment in the Point Lepreau nuclear generating station in New Brunswick.
Cameco Reports Higher Third Quarter Earnings
October 26, 2004
Cameco Corporation today announced higher revenue and net earnings for the third quarter ended September 30, 2004, compared to the same period last year.
Cameco To Redeem Preferred Securities
October 25, 2004
Cameco Corporation announced today that it plans to redeem its 8.75% preferred securities that have been trading on the New York Stock Exchange under the symbol CCJPR.
Cameco's Port Hope Workers Accept Contract Offer
September 14, 2004
Cameco Corporation announced today that about 200 hourly employees at its Port Hope conversion facility have accepted a three-year contract offer.
Cameco Provides Update On Port Hope Strike
September 3, 2004
While there have been no material developments, Cameco is providing an update to investors as the labour disruption continues at its Port Hope conversion facility.
Cash Flow, Earnings Rise As Centerra Increases Production
July 30, 2004
Centerra Gold News Release - Centerra Gold Inc. (TSX: CG) today announced strong earnings and cash flow for the three months ended June 30, 2004.
Cameco Reports Solid Second Quarter Earnings
July 30, 2004
Cameco Corporation today reported its financial results for the three months ended June 30, 2004.
Port Hope Workers Reject Contract Offer
July 28, 2004
Cameco Corporation advises that about 200 hourly employees at its Port Hope conversion facility have rejected the latest contract settlement offer from the company.
Port Hope Conversion Facility Workers to Vote on Settlement Contract Offer
July 26, 2004
Contract negotiations between Cameco Corporation and the union representing about 200 hourly workers at the Port Hope conversion facility have concluded.
Cameco Reports Q2 Earnings from Bruce Power
July 23, 2004
Cameco Corporation today announced its interest in the Bruce Power Limited Partnership will contribute $45 million of pre-tax earnings ($30 million after tax or $0.52 per share) to its second quarter results.
Underwriters Exercise Centerra Gold Inc. Over-Allotment Option
July 22, 2004
Centerra Gold News Release - Centerra Gold Inc. (TSX:CG) announces that the underwriters of its initial public offering have exercised their full over-allotment option to purchase from treasury 1,875,000 common shares of Centerra at CDN$15.50 per share. Net proceeds to Centerra from the exercise of the over-allotment option will be approximately CDN$27.6 million. The closing relating to the exercise of the over-allotment option is expected to take place on July 28, 2004.
Cameco to Announce Q2 Earnings from Bruce Power on July 23
July 9, 2004
Cameco Corporation will report its share of Bruce Power's second quarter results on July 23, 2004
Cameco Appoints Chief Financial Officer
July 6, 2004
Cameco Corporation is pleased to announce the appointment of O. K. (Kim) Goheen to the position of senior vice president and chief financial officer effective August 1, 2004.
Centerra Gold's IPO Closes
June 30, 2004
Centerra Gold News Release - Centerra Gold Inc. announced today that the initial public and secondary offering of its common shares has closed and trading has begun on the Toronto Stock Exchange (TSX) under the symbol CG. It is the largest mining company initial public offering on the Toronto Stock Exchange (TSX) in seven years.
Cameco Announces Offering Price of Centerra Shares
June 22, 2004
Cameco Corporation announces that the initial public offering and secondary offering of common shares of Centerra Gold Inc. have been priced at $15.50 per common share.
Cameco Provides Details of Previously Announced Uranium Agreement
June 16, 2004
Cameco Corporation and its two partners announced today that they have finalized an amendment to their agreement to purchase uranium derived from dismantled Russian nuclear weapons.
Cameco Expects Not to Proceed with Texas Reactor Purchase
May 30, 2004
Cameco Corporation announced today that it does not expect to acquire a 25.2% interest in the South Texas Project (STP).
Cameco Announces Preliminary Prospectus Filing for New Gold Company
May 14, 2004
Cameco Corporation is proceeding with the transfer of its gold assets held by its subsidiary Cameco Gold Inc. to a new Canadian company called Centerra Gold Inc. which today filed a preliminary prospectus with the securities regulatory authorities in each of the provinces and territories of Canada in connection with an initial public offering and secondary offering of its common shares.
Cameco Elects Board and Announces Centerra Gold's CFO
May 5, 2004
Cameco Corporation announced today that its shareholders elected all nominees for the company's board of directors.
Cameco Reports Solid First Quarter Earnings
April 22, 2004
Cameco Corporation today reported its financial results for the three months ended March 31, 2004.
Cameco To Develop Uranium Mine In Kazakhstan
April 1, 2004
Cameco Corporation and the National Atomic Company of Kazakhstan (KazAtomProm) announced today that they plan to develop the Inkai uranium deposit in Kazakhstan through their Inkai Joint Venture (JV Inkai).
Cameco Announces Commercial Production at Boroo Gold Mine
March 11, 2004
Cameco Corporation today reports that the Boroo gold mine has achieved commercial production effective March 1, 2004.
Cameco Signs Agreement to Add US Nuclear Generation
March 1, 2004
Cameco Corporation announced today that one of its wholly owned US subsidiaries has signed an agreement to purchase a 25.2% interest in assets comprising the South Texas Project (STP) from a wholly owned subsidiary of American Electric Power (AEP) for $333 million (US).
Cameco Explores Additional Capacity at Bruce Power
January 29, 2004
Cameco Corporation announced today that Bruce Power will conduct a study to examine the feasibility of restarting Bruce A units 1 and 2 to serve Ontario's growing electricity needs.
Cameco's Net Earnings Rise in Fourth Quarter
January 27, 2004
Cameco Corporation today reported its financial results for the year ended December 31, 2003.
Cameco Discusses Impact of Uranium Prices
January 9, 2004
Cameco Corporation said today that while it has consistently expected uranium spot prices to increase significantly over the next several years, some of the recent and unexpected market developments have resulted in prices rising more quickly than anticipated.
Cameco Creates Centerra to Consolidate Gold Assets
January 5, 2004
Cameco Corporation and the Kyrgyz government have agreed to transfer all of Kumtor Gold Company (KGC), the owner of the Kumtor gold mine in the Kyrgyz Republic, to a new jointly owned Canadian company called Centerra Gold Inc. (Centerra).