Jim Gowans

Board Member

68 |  Independent
Surrey, British Columbia, Canada
Director since: 2009
Citizenship: Canadian

  • Key Skills and Experience

    • Capital projects
    • Enterprise leadership
    • International business
    • Mining, exploration and operations
    • Operational excellence
    • Safety, health and environment /
  • 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.


As of March 10, 2020

Jim Gowans is a corporate director. He is currently serving as interim president, CEO and a director of Trilogy Metals Inc. This appointment commenced in August 2019 and is expected to end within the next month since a CEO search is in progress. 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. 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. 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. He was a director of the private company, Gedex Technologies Inc. from 2015 to November 2019.

Board and Committee Membership and Attendance

As of December 31, 2019

    2019 Attendance
2019 Voting Results Board and Committee Membership Regular Special Overall
99.2% votes for Board of directors 7 of 7 0 of 1 88%
0.8% votes withheld Audit and finance 5 of 5   100%
  Reserves oversight  2 of 2 1 of 1 100%
  Safety, health, and environment (chair) 4 of 4 1 of 1 100%

Other Public Company Boards in the Past Five Years

Trilogy Metals Inc. (NYSE-MKT)   May 2019 to present
Titan Mining Corporation (TSX)   2018 to present
New Gold Inc. (TSX)   2018 to present
Detour Gold Corporation (TSX)   2018 to March 2019
Arizona Mining Inc. (TSX)   2016 to August 2018
Dominion Diamond Corporation (TSX)   2016 to 2017
NewCastle Gold Ltd. (TSX)   2016 to 2017

Securities Held

As of December 31, 2019

Year Cameco Shares DSUs Total Shares
 and DSUs
Market Value of
Shares and DSUs
Multiple of 2019
Annual Retainer
Share Ownership
Guidance Compliant1
2019 9,000 73,753 82,753 $ 954,970 4.8x Yes
2018 9,000 64,676 73,676 $ 1,140,504    
Change 9,077 9,077 ($ 185,535)    

1.  For evaluating compliance with Cameco’s share ownership guidelines, Jim’s shares and DSUs held at December 31, 2019 are valued at $1,564,787 and represent 7.8x the board member retainer of $200,000.

Jim was a director of Gedex Technologies Inc. (Gedex), an Ontario-based developer of airborne geological imaging technology, from 2015 to November 2019. Gedex was under Companies’ Creditors Arrangement Act (Canada) (CCAA) protection from August 12 to December 5, 2019, when it exited from CCAA protection. Its restructuring plan was approved by the Ontario Supreme Court of Justice on December 18, 2019.