Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Frank Pembleton who wrote (93267)	8/8/2001 2:04:34 PM
From: Frank Pembleton	Read Replies (3) of 95453

Canadian Uranium Giant Eyes U.S. Expansion By Lesley Wroughton TORONTO (Reuters) - The fast changing business of nuclear power has Canada's Cameco Corp. , the world's biggest supplier of uranium, eying unused nuclear plants in the energy-strapped United States, Chief Executive Bernard Michel said. Speaking to Reuters in a recent interview, Michel said Cameco was looking at the possibility of investing in idled reactors or completing unfinished facilities. But he would not say if the company was already in talks on a deal. Saskatoon-based Cameco has already made a foray into nuclear energy production in Canada, buying a 15 percent stake in the Bruce Power plants in Ontario, where the provincial government plans to deregulate the electricity market by 2002. ca.news.yahoo.com

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