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Cameco Corporation is a uranium producer and a commercial provider of uranium conversion services. Cameco sells its uranium for use by electric utilities in the nuclear generation of electricity. In addition to uranium mining, Cameco is one of the four commercial converters of uranium to UF6 (uranium hexafluoride) in the Western World and the principal supplier of services to convert Uranium concentrates to UO2 (uranium dioxide). Although Cameco continues its focus on the uranium business, the Company is also in the gold business. Cameco owns a one-third interest in Kumtor Gold Company, a Kyrgyz company, through its wholly owned Canadian subsidiary Cameco Gold Inc. |