Skyharbour Resources Ltd. has entered into an agreement to acquire Rio Tinto Exploration Canada Inc.'s (RTEC) minority interest in the Russell Lake Uranium Project, which will increase Skyharbour's ownership to 100%.
The transaction involves a cash consideration of C$10 million, comprising a C$2 million deposit and an C$8 million closing payment, with closing expected on or before December 21, 2025.
Upon closing, Skyharbour will grant RTEC a 0.25% net smelter returns royalty over Russell Lake.
The Russell Lake Project is a 73,314-hectare uranium exploration property, and this acquisition creates a large, nearly contiguous block of highly prospective uranium claims totaling 109,019 hectares when combined with Skyharbour's Moore Uranium Project.

2 days ago

Press Release

Cameco Discusses Strategic Partnership, Financial Position, and Production Outlook in Q3 2025

CCJ

New Projects/Investments

Guidance Update

Dividends

Cameco announced a transformative partnership with Brookfield and the US Government regarding Westinghouse, involving at least $80 billion US in planned investments in Westinghouse nuclear reactors, with the US Government's interest focused solely on the Westinghouse business. The deal was signed on October 28.
The company reported a strong financial position with CAD 779 million in cash and cash equivalents, CAD 1 billion in total debt, and a CAD 1 billion undrawn revolving credit facility as of Q3 2025.
Cameco's Board declared a 2025 annual dividend of CAD 0.24 per common share, accelerating its plan to grow the dividend.
The 2025 consolidated uranium production outlook (Cameco's share) was reduced to up to 20 million pounds due to development delays at McArthur River and Key Lake, which now expect 14-15 million pounds (100% basis). Fuel services production outlook remains on track at 13 million-14 million kilograms.
Management highlighted a long-term uranium price around $84 US per pound and noted growing demand driven by energy security, decarbonization, and digital infrastructure, while maintaining a disciplined supply strategy.

Nov 5, 2025, 1:00 PM

Transcript

Cameco Reports Strong Q3 2025 Results and Announces Strategic Westinghouse Partnership

CCJ

Earnings

New Projects/Investments

Guidance Update

Cameco reported strong Q3 2025 results, with all key financial metrics performing well for the first nine months, and declared an annual 2025 dividend of $0.24 per common share.
A strategic partnership for Westinghouse was announced on October 28, 2025, involving Cameco, Brookfield, and the US Department of Commerce, with the US Government committing at least $80 billion (US) in investment to accelerate nuclear technology deployment.
For Q3 2025, the Uranium segment delivered 6.1 million lb. U3O8 and produced 4.4 million lb. U3O8 (our share), with the annual production outlook (our share) set at up to 20 million lbs.
The company's 2025 consolidated revenue outlook is projected to be between $3,300 million and $3,550 million, with an average realized uranium price outlook of $87.00/lb.

Nov 5, 2025, 1:00 PM

Presentation

Cameco Discusses Westinghouse Partnership and Nuclear Market Momentum

CCJ

New Projects/Investments

M&A

Revenue Acceleration/Inflection

Cameco announced a transformative partnership with Brookfield and the U.S. Government, backed by at least US$80 billion in planned investments in Westinghouse nuclear reactors to accelerate global deployment of its technology. This partnership is focused only on the Westinghouse business.
The agreement includes a $17.5 billion distribution claim to current Westinghouse owners (Cameco and Brookfield) prior to any U.S. Government participation, reflecting the increased value of Westinghouse.
The US$80 billion investment is a minimum, expected to stimulate a much larger build-out of nuclear reactors in the U.S., with various financing and ownership structures under consideration.
Despite historic prices for conversion services, restarting conversion capacity at Springfield requires longer-term contractual commitments (tenor) from utilities, which are currently not available.

Nov 5, 2025, 1:00 PM

Transcript

Cameco discusses transformative Westinghouse partnership and market dynamics

CCJ

New Projects/Investments

M&A

Cameco announced a transformative partnership with Brookfield, the U.S. Government, and Westinghouse, backed by at least $80 billion in planned investments for Westinghouse nuclear reactors.
This partnership aims to accelerate the global deployment of Westinghouse's AP1000 reactor technology, strengthening energy security and creating significant growth opportunities for Westinghouse and Cameco.
The U.S. Government's commitment includes facilitating financing for the $80 billion spend, with a potential 8% equity stake in Westinghouse if its underwritten value reaches $30 billion at IPO, following $17.5 billion in distributions to current owners.
Cameco's management noted the long-term uranium price is around $84 U.S. per lbs and discussed the current dynamics of the uranium contracting market.
The company also mentioned potential McArthur River development delays and the possibility of Cigar Lake producing an additional 1 million lbs beyond its original 2025 guidance.

Nov 5, 2025, 1:00 PM

Transcript

Cameco Reports Q3 2025 Results, Announces Strategic Partnership and Dividend Increase

CCJ

Earnings

Guidance Update

New Projects/Investments

Cameco reported adjusted net earnings of $32 million and adjusted EBITDA of $310 million for Q3 2025, with year-to-date (nine months ended September 30, 2025) adjusted net earnings of $410 million and adjusted EBITDA of $1.3 billion, which were significantly higher than in 2024. Revenue for Q3 2025 was $615 million, while nine-month revenue was $2,281 million.
The company announced a transformative partnership with Brookfield Asset Management and the US Government to accelerate Westinghouse reactor deployment, with the US Government arranging financing and facilitating permits for new Westinghouse nuclear reactors with an aggregate investment value of at least $80 billion (US).
Cameco is accelerating its annual dividend increase to $0.24 per common share, payable on December 16, 2025, due to improving financial performance and an additional distribution from Westinghouse.
The 2025 uranium production outlook (Cameco's share of U3O8) is now up to 20 million pounds, following development delays at McArthur River and Key Lake, and the outlook for market purchases has been reduced to up to 1 million pounds.
As of September 30, 2025, Cameco maintained a strong balance sheet with $779 million in cash and cash equivalents and a $1.0 billion undrawn revolving credit facility.

Nov 5, 2025, 12:02 PM

6-K

Cameco and Brookfield Partner with US Government to Accelerate Westinghouse Nuclear Reactor Deployment

CCJ

New Projects/Investments

Revenue Acceleration/Inflection

Cameco Corporation, alongside Brookfield Asset Management, has entered into a binding term sheet with the United States Department of Commerce to establish a strategic partnership.
This partnership is expected to accelerate the global deployment of Westinghouse nuclear reactor technologies and reinvigorate supply chains in the US and abroad.
The US Government will facilitate financing and permitting for new Westinghouse nuclear reactors in the US, with an aggregate investment value of at least US$80 billion.
These new reactors are anticipated to generate reliable power for the American grid, including for significant data center and artificial intelligence growth.
The US Government will receive a 20% participation interest in Westinghouse cash distributions exceeding US$17.5 billion, contingent on its final investment decision for the US$80 billion project.

Oct 28, 2025, 7:24 PM

6-K

Cameco Signs Long-Term UF6 Supply Agreement with Slovensk\u00e9 elektr\u00e1rne

CCJ

New Projects/Investments

Cameco (CCJ) has finalized a new long-term agreement to supply natural uranium hexafluoride (UF6) and conversion services to Slovensk\u00e9 elektr\u00e1rne (SE).
This agreement is expected to provide a secure source of natural UF6 for SE through 2036, with material delivery to their Bohunice and Mochovce nuclear facilities commencing in 2028.
The contract adds a new market to Cameco's global commercial portfolio and is anticipated to enhance energy security in Slovakia.

Sep 15, 2025, 3:18 PM

6-K

Cameco signe un contrat d'approvisionnement à long terme d'UF6 avec Slovenské elektrárne

CCJ

New Projects/Investments

Cameco a conclu un nouvel accord à long terme pour la fourniture d'hexafluorure d'uranium naturel (UF6) et de services de conversion à Slovenské elektrárne (SE).
Cet accord vise à fournir une source diversifiée et sûre d'UF6 à SE jusqu'en 2036, avec le début des livraisons de matériel pour les installations nucléaires de Bohunice et de Mochovce à partir de 2028.
Le contrat permet à Cameco d'ajouter un nouveau marché à son portefeuille commercial mondial et de soutenir la sécurité énergétique de la Slovaquie.
Les détails financiers du contrat sont commercialement confidentiels.

Sep 13, 2025, 3:15 AM

Press Release

Cameco Signs Long-Term UF6 Supply Agreement with Slovensk\u00e9 elektr\u00e1rne

CCJ

New Projects/Investments

Cameco has finalized a long-term agreement to supply natural uranium hexafluoride (UF6) to Slovensk\u00e9 elektr\u00e1rne (SE) for use in its nuclear power plants in Slovakia.
The supply of material is expected to begin in 2028 and continue through 2036, providing a diversified and secure source of UF6 for SE.
This agreement represents Cameco adding a new market to its global commercial portfolio and is intended to enhance Slovakia's energy security.
The details of the contract are commercially confidential.

Sep 12, 2025, 9:57 PM

Press Release

Filings & Transcripts

View All Documents

Recent SEC filings and earnings call transcripts for CCJ.

No recent filings or transcripts found for CCJ.