Source: David Shield, CBC News, September 27, 2018 Court sides with Cameco on 3 disputed years in case that stretches back to 2009, involved $2.2B tax bill Saskatchewan-based uranium company Cameco says it’s very pleased with a decision from the Tax Court of Canada. On Wednesday, the court ruled in favour of Cameco in a tax dispute with… Continue reading Sask. uranium miner Cameco celebrates tax court victory
Tag: Cameco
Cameco employees in ‘shock’ after company announces hundreds of Sask. layoffs
Source: Hailey Salvian, CBC News, July 26, 2018 About 700 employees were sent home Wednesday due to a weak uranium market Employees permanently laid off by uranium miner Cameco Corp. in Saskatchewan say they have been blindsided by the company’s decision to make the temporary suspension in production indefinite. “We were told up till yesterday we… Continue reading Cameco employees in ‘shock’ after company announces hundreds of Sask. layoffs
Hundreds of jobs cut, dividends slashed as Cameco shuts 2 Sask. uranium sites
Source: Brandon Harder, Ashleigh Mattern, CBC News, November 9, 2017 845 positions to be laid off represents 20% of company’s workforce, CEO says For one Cameco employee, the company shutting down production at two sites in Saskatchewan is not all that surprising. After all, the uranium market has been poor. Read full article here…. Image Source: Bernie Clavelle, a maintenance… Continue reading Hundreds of jobs cut, dividends slashed as Cameco shuts 2 Sask. uranium sites