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

Cecilia Jamasmie | March 02, 2012 | 3:02 pm Energy Top Companies Europe Uranium 

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...

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