Tuesday, September 23rd14.1°C
23284
23088

Cameco set for work stoppage at McArthur River mine and Key Lake mill

SASKATOON - Cameco (TSX:CCO) said Wednesday it's preparing to stop work at its McArthur River mine and Key Lake mill operations in northern Saskatchewan due to a labour dispute.

The uranium miner said the company and the roughly 535 unionized workers represented by the United Steelworkers are set to begin a strike-lockout at 12:01 a.m. on Aug. 30.

Cameco said it is continuing to meet with the union ahead of the deadline.

The workers at the operations have been without a contract since Dec. 31, 2013.

The company and union jointly applied for conciliation under the Canada Labour Code in July.

Cameco said a labour disruption is not expected to affect its 2014 uranium delivery commitments.

The Canadian Press


Read more Business News




Recent Trending




Today's Market
S&P TSX15129.00-136.35
S&P CDNX928.09-26.97
DJIA17172.68-107.06
Nasdaq4527.689-52.10
S&P 5001994.29-16.11
CDN Dollar0.9068+0.0011
Gold1218.90+1.00
Oil91.50-0.91
Lumber332.20+5.60
Natural Gas3.909+0.001

 
Okanagan Companies
Pacific Safety0.17+0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.27-0.10
Cantex0.04-0.01
Anavex Life Sciences0.2195-0.0035
Metalex Ventures0.05-0.01
Russel Metals35.37-0.38
Copper Mountain Mining2.40-0.26
Colorado Resources0.16-0.005
ReliaBrand Inc0.0206-0.0043
Sunrise Resources Ltd0.02-0.005
Mission Ready Services0.27-0.02

 





FEATURED Property
19739998-950 Lanfranco Road
2 bedrooms 2 baths
$399,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Is this a fair offer from ICBC?

“Is this a fair offer from ICBC?”…. “How much should I settle for?”… “What is my claim worth?” These are just some of the questions I regularly get as...


Disruptive innovation

Last night I was privileged to be able to speak at the Greater Westside Board of Trade business awards dinner. Photo: ContributedI talked about Innovation and Collaboration which are two very interes...


Executors and their duties

There will be a time when you will need to decide who you should appoint as executor of your Will. As well, there may be a time when you will be asked by someone to act as the executor of his or her W...

_



23499




Member of BC Press Council


22496