mining

Cameco says mining operations in Kazakhstan have been suspended for the time being. In a news release from the company, Cameco said it was informed on December 31 by Joint Venture Inkai (JV Inkai), a company that Cameco owns a 40 per cent share of, that JV Inkai “had not received an extension of the […]

REGINA — Statistics Canada data show Saskatchewan’s trade relationship with the United Kingdom (UK), France and the Netherlands continued to strengthen in 2023, driven by a demand for uranium. The combined total value of exports for these three nations totalled nearly $1.2 billion. The main driver of these exports was uranium, which accounted for 87.3 […]

In a first for Canada, freight traffic on its two largest railways has simultaneously ground to a halt, threatening to upend supply chains trying to move forward from pandemic-related disruptions and a port strike last year. In the culmination of months of increasingly bitter negotiations, Canadian National Railway Co. and Canadian Pacific Kansas City Ltd. […]

The Saskatchewan Government is putting a spotlight on the mining industry this week. Now until Saturday is Mining Week in Saskatchewan. This year’s theme is “Critical Careers for Critical Minerals”. According to the provincial government, $13-billion in mineral sales were made last year and estimate mineral resource development spending will reach nearly $6-billion this year. […]

The Saskatchewan government and the Saskatchewan Research Council (SRC) signed two agreements with France and a company based in Vietnam to improve the province’s energy and mining sectors, as well as increase production at the Saskatchewan Research Council’s (SRC) Rare Earth Processing Facility. A Letter of Intent was signed Monday between the provincial government and […]

There’s reason for optimism for Saskatchewan’s uranium mining sector. According to data from UXC, Uranium prices are at a 16-year high and up more than 80 percent this year. Prices could go even higher due to an under-supplied market. Global uranium demand is expected to be around 175 million pounds, while supply is around 144 […]

Saskatchewan based uranium giant Cameco is making some big donations to charity in Saskatchewan. The company raised $700,000  through the annual Cameco Step Up for Mental Health run/walk held in September.  Another $700,000 was raised through  the Cameco Employee Giving Campaign.  Some 300 employees make donations from their pay cheques to a charity of their choice, and […]

In July of this year, mining giant BHP announced a company first. More than 14,000 kilometres away from its Melbourne, Australia headquarters, BHP said it had achieved its “gender balance” target for its local workforce in Saskatchewan. With women making up more than 43 per cent of the company’s workforce at its Jansen potash mine […]

After a long stretch of inactivity, Cameco has started up operations again at McArthur River Mine and the Key Lake mill facility. It recently turned out its first packaged shipment. The mine and mill currently employ approximately 730 people, more than half of which are of Indigenous heritage. Cameco is planning additional hiring for the […]

Saskatchewan is to soon gain control of the carbon pricing charge that shows up on residents power bills. But Premier Scott Moe and his Saskatchewan Party government are still mulling over how that new revenue should be spent. Since 2019, a carbon backstop has been placed on Saskatchewan Power Corporation bills to account for its greenhouse gas emissions. The money […]