Cameco examines assets

The Star Phoenix reports Cameco plans to increase its uranium production in the future.

Cameco Corp. has the uranium it needs to meet its goal of doubling production of the element by 2018, but that hasn’t stopped the company from looking at potential new assets, its CEO said Wednesday.

While there is “no planned acquisition,” Jerry Grandey said, a Cameco team of geologists is always on the search for new opportunities, the chief executive explained at the company’s annual meeting in Saskatoon.

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