Areva Mining News

Cameco buys Areva’s uranium Millenium Project for $150 million

Cameco Corp. (TSX: CCO; NYSE: CCJ), Canada’s largest uranium company, said it agreed to buy Areva Resources Canada’s 27.94% stake in the northern Saskatchewan-based Millennium project for $150 million. With this acquisition Cameco becomes the majority holder in the proposed uranium mine.

Areva eyes stake in UK-based uranium enricher – paper

A Dutch paper reported on Thursday that France's Areva is eyeing a stake in UK-based uranium enrichment company Urenco.