Cameco increases ownership stake in Cigar Lake Mine
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Cameco has increased its ownership stake in the Cigar Lake Mine, with some reports indicating that Cameco and Orano now have full ownership of the mine. The deal involved Cameco's acquisition of an interest in the mine, previously held by another party. The terms of the deal included a payment of $115 million, although it is unclear if Orano also increased its stake or if Cameco is the sole party to have done so.
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