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CanAlaska Uranium Options West McArthur Uranium Project to Cameco

CanAlaska Uranium (TSXV:CVV) has entered into an option agreement with Cameco (TSX:CCO), one of the world’s largest uranium producers, for its West McArthur project. Under the terms of the agreement, Cameco must spend roughly $12.5 million in exploration expenditures for up to a 60 percent interest in the project.

10 World’s Top Uranium Mines

10 World’s Top Uranium Mines

Kazakhstan was far and away the year’s top uranium-producing country with 23,127 tonnes, and it was followed by Canada with 9,134 tonnes and Australia with 5,001 tonnes. With those numbers and locations in mind, the Investing News Network took a look at the world’s 10 top uranium mines of 2014.

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