Cameco increases ownership in Cigar Lake uranium mine to 57.4%
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Cameco Increases Ownership Stake in Cigar Lake Mine
June 1, 2026 6:30 AM EDTAll amounts in Canadian dollars unless specified otherwise
SASKATOON, Saskatchewan--(BUSINESS WIRE)-- Cameco (TSX: CCO; NYSE: CCJ) and Orano Canada Inc. (Orano) have reached agreement with TEPCO Resources Inc. (TEPCO) to acquire TEPCOs 5% participating interest in the Cigar Lake Joint Venture. Upon closing, Camecos ownership stake in the Cigar Lake uranium mine in northern Saskatchewan will increase by 2.871 percentage points to 57.418%, while Oranos share will rise by 2.129 percentage points to 42.582%.
Cigar Lake is among the worlds best uranium mines, producing the highest-grade uranium ore from a... More
