Cameco Corporation

The 150 million pounds of U₃O₈ (100% basis) produced at Cigar Lake has enabled our customers around the world to generate over 2,400 TWh of zero-carbon nuclear power. Based on calculations using IPCC and ECCC data, we estimate that by using nuclear power rather than coal or natural gas, utilities have avoided 1-2 billion tonnes of CO₂ emissions. This is up to three times Canada’s annual GHG emissions. “This is a proud moment for Cameco,” said Brian Reilly, chief operating officer.

We’re sharing stories from employees who are contributing to Cameco’s success. Our marketing team is seeing an interest in nuclear power and uranium fuel like never before - and Vice-President of Marketing David Doerksen leads them in developing our global marketing strategy. https://lnkd.in/gTRYpp6S

In 2023, we completed the installation of a new closed-loop cooling water system at our Port Hope conversion facility, eliminating the need to use surface water for once-through cooling purposes. It’s just one of the ways we’re reducing our water use. https://lnkd.in/dhV8xzX

Despite multiple setbacks, Cigar Lake mine began production in early 2014, using the jet-boring technique pioneered by Cameco specifically for its challenging geology. The mine has now produced 150 million pounds of uranium concentrate. “Looking back, there were times of uncertainty and sleepless nights wondering if we could make the machine perform as designed. Fortunately, we had an amazing team of professionals from many different backgrounds who persevered and made the JBS what it is today,” mine general supervisor Dylan Probert says.

We’re sharing stories from employees who are contributing to Cameco’s success. Today, Senior Vice-President and Chief Corporate Officer Rachelle Girard explains the evolution of the nuclear industry and Cameco’s business. https://lnkd.in/gTRYpp6S

At Cameco, we recognize the critical nature of the fight against climate change. Check out our 2023 Sustainability Report to learn about our greenhouse gas emissions – and how we plan to meet our reductions target. https://lnkd.in/dhV8xzX

Cigar Lake – co-owned by Cameco, Orano and TEPCO – is one of the world’s most lucrative but technically challenging deposits. Those challenges haven’t stopped us from producing 150 million pounds of uranium concentrate. “Congratulations to the team, those that work underground and at surface, and everyone who supports Cigar, for the exceptional teamwork. And thank you for always keeping safety as the number one priority,” says chief operating officer Brian Reilly.

We’re sharing stories from employees who are contributing to Cameco’s success. Leonard Mercredi, process supervisor at Cigar Lake mine, shares the story of his career at Cameco - and a major milestone at Cigar Lake mine. Learn more at https://lnkd.in/gTRYpp6S

Tailings are an inevitable byproduct of most mining activities. To strengthen our tailings management approach, we apply lessons learned from industry incidents and are committed to continuous improvement. You can learn more about our operations in our 2023 Sustainability Report. https://lnkd.in/dhV8xzX

In June, Cigar Lake reached a major milestone in its contribution toward energizing a clean-air world – by producing its 150 millionth pound of uranium concentrate. “150 million pounds is no small feat,” general manager, Kirk Lamont says. “It feels like routine work to the people on site and at Cameco as we are lucky enough to have these amazing tier 1 assets, but what we do here in northern Saskatchewan is not done anywhere else in the world.”