Jim Gowans

Board Member
71 | Independent
Surrey, British Columbia, Canada
Director since: 2009
Citizenship: Canadian
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Key Skills and Experience
- Operational excellence and safety
- Mining operations and exploration
- Capital projects
- Stakeholder relations
- International business
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Jim brings strong experience in the resource sector to Cameco’s board through an extensive career as a senior executive with several major mining companies and his role as past chair of the Mining Association of Canada. He serves on three of our board committees including as chair of the safety, health and environment committee.
Biography
As of March 13, 2023
Jim Gowans is a corporate director. He has over 30 years of experience as a senior executive in the mining industry, including holding executive positions at Debswana Diamond Company in Botswana, DeBeers SA, DeBeers Canada Inc., PT Inco in Indonesia, and Placer Dome Ltd. He served as interim president and CEO of Trilogy Metals Inc. from August 2019 to May 2020. He was president, CEO and a director of Arizona Mining Inc. from January 2016 to August 2018. Prior to that, he was senior advisor to the chair of the board of Barrick Gold Corporation from August to December 2015, and co-president from July 2014 to August 2015. Jim is the past chair of the Mining Association of Canada.
Jim received a bachelor of applied science degree in mineral engineering from the University of British Columbia and attended the Banff School of Advanced Management. He has extensive mining knowledge and perspective on the importance of sustainability and stakeholder relations. In 2021, he became a director and board chair of the private company, Paycore Minerals Inc. and continues to serve in that capacity following its transition to a public company in April 2022.
Board and Committee Membership and Attendance
As of December 31, 2022
2022 Attendance | ||||
---|---|---|---|---|
2022 Voting Results | Board and Committee Membership | Regular | Special | Overall |
88.6% votes for | Board of directors | 7 of 7 | 7 of 7 | 100% |
Audit and finance | 5 of 5 | 100% | ||
Safety, health, and environment (chair) | 3 of 3 | 1 of 1 | 100% | |
Technical | 3 of 3 | 100% |
Other Public Company Boards in the Past Five Years
Paycore Minerals Inc.* (TSXV) | April 2022 to present | |
Marathon Gold Corporation (TSX) | 2020 to present | |
New Gold Inc. (TSX) | 2018 to present | |
Trilogy Metals Inc. (NYSE-MKT) | 2019 to present | |
Titan Mining Corporation (TSX) | 2018 to 2021 | |
Detour Gold Corporation (TSX) | 2018 to 2019 | |
Arizona Mining Inc. (TSX) | 2016 to 2018 |
*Jim has served on the board of Paycore Minerals Inc. since 2021. It became a public company in April 2022 and has entered into an agreement with i-80 Gold Corp to acquire all the outstanding shares of Paycore pursuant to a statutory plan of arrangement. Jim will cease serving on the board as of the closing of this transaction.
** Jim will be leaving the New Gold Inc. board of directors as of its upcoming 2023 annual general meeting.
Securities Held
As of December 31, 2022
Year | Cameco Shares | DSUs | Total Shares and DSUs |
Market Value of Shares and DSUs1 |
Multiple of 2022 Annual Retainer (at market value) |
Share Ownership Guideline Compliant2 |
---|---|---|---|---|---|---|
2022 | 9,000 | 91,272 | 100,272 | $ 3,077,336 | 15.4x | Yes |
2021 | 9,000 | 87,285 | 96,285 | $ 2,655,540 | ||
Change | – | 3,987 | 3,987 | $ 421,796 |
1. Based on total holdings calculated using $30.69 for 2022 and $27.58 for 2021, the closing prices of Cameco shares on the last trading day of the year on the TSX.
2. For evaluating compliance with Cameco’s share ownership guidelines, Jim’s shares and DSUs held at December 31, 2022 are valued at $3,092,680 and represent 15.5x the board member retainer of $200,000.