Thursday, October 30th10.6°C
23888
23488

No talks planned by either side in strike at two Cameco uranium facilities

SASKATOON - Production at Cameco’s McArthur River mine and Key Lake mill in Saskatchewan has now been suspended for five days as the result of a labour dispute.

About 535 unionized members of the United Steelworkers Local 8914 at the uranium mining company’s two northern operations have been on strike since Saturday.

Cameco (TSX:CCO) spokesman Robert Gereghty tells radio station CJLR that management made what it feels was a fair and competitive contract offer in the final hours of negotiations last week but it was rejected by the union.

Union spokesman Mike Pulak says they are looking for an improved pension plan and compensation for travel, both of which the company is refusing to budge on.

Pulak also says the union is unhappy Cameco asked for an additional 24 workers as part of an essential services agreement to complete some last-minute production.

About 60 members of the union picketed Wednesday outside Cameco’s head office on 11th Street West in Saskatoon.

“We’d rather be back at work but we’re here to support our membership, to support our bargaining committee, to support our northern members of the union as well,” says striker Tim Darke.

The union members have been without a contract since December 2013.

This is the first strike in Cameco’s history.

Both sides say there are no new scheduled talks for contract negotiations at this time.

(CJLR)

The Canadian Press


Read more Business News

23028


Recent Trending




Today's Market
S&P TSX14458.69-68.88
S&P CDNX771.65-9.42
DJIA17195.42221.11
Nasdaq4566.138+16.912
S&P 5001994.65+12.35
CDN Dollar0.8931-0.0003
Gold1199.60+1.00
Oil80.73-0.17
Lumber322.40-1.20
Natural Gas3.715+0.066

 
Okanagan Companies
Pacific Safety0.11+0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.150.00
Cantex0.045-0.015
Anavex Life Sciences0.1711-0.0089
Metalex Ventures0.0350.00
Russel Metals32.22-0.35
Copper Mountain Mining1.97-0.05
Colorado Resources0.14+0.005
ReliaBrand Inc0.012-0.004
Sunrise Resources Ltd0.05+0.025
Mission Ready Services0.375+0.005

 



23028

FEATURED Property
1984057253-2001 Highway 97 S
3 bedrooms 2 baths
$87,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Empty nesting: financial issues

Now that the children have ‘left the nest’, it is a good time to step back and take stock of your financial situation. Being on your own will probably cut household costs to some extent, b...


Keep your haunted home safe

Eerie sounds, spooky lights and Jack-o’-lanterns aglow—extra efforts at Halloween will keep visitors coming back for both tricks and treats. However, to keep the fun going, it’s imp...


What I learned in China

Photo: ContributedI will never be an expert on China. It is just too big, too complex and too old with layers of history and meaning that would take several lifetimes to unravel. As I said to my hosts...

_








Member of BC Press Council


23741