Cameco Raises Ownership Stake in Cigar Lake Uranium Mine in C$115M Deal (CCJ:NYSE)

Cameco raises ownership stake in Cigar Lake uranium mine in C$115M deal (CCJ:NYSE)

Cameco said it combined with Orano Canada toagree to acquire an additional 5% participating interest in the Cigar Lake joint venture in Saskatchewan from TEPCO Resources for ~$115M.

Orano Increases Ownership in Cigar Lake Mine in Canada

SASKATOON, Saskatchewan, June 01, 2026 (GLOBE NEWSWIRE) -- Orano Canada Inc. (Orano Canada) and Cameco Corporation (Cameco) have reached an agreement to jointly acquire TEPCO Resources Inc. (TEPCO) 5% ownership in the Cigar Lake Joint Venture. Orano is pleased to…

Cameco Increases Ownership Stake in Cigar Lake Mine

SASKATOON, Saskatchewan--(BUSINESS WIRE)--Jun 1, 2026-

Cameco, Orano Canada to acquire TEPCO’s Cigar Lake interest

Cameco and Orano Canada have signed an agreement for the acquisition of TEPCO Resources's 5% participating interest in the Cigar Lake Joint Venture.The post Cameco, Orano Canada to acquire TEPCO’s Cigar Lake interest appeared first on Mining Technology.

Cameco increases Cigar Lake ownership as nuclear demand grows

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