Articles Tagged "saskatchewan"

Cameco Declares Commercial Production at Cigar Lake

Uranium – Cameco has faced some difficulties at its Cigar Lake mine. However, the company announced Friday that the operation was in commercial production as of May 1. The mine remains on track to achieve its annual production target of 6 to 8 million packaged pounds of uranium for the year, and its long-term production target of 18 million pounds by 2018 also remains in place,

Surge Expands Crude Oil Discovery at Upper Shaunavon and Announces Sale of SE Saskatchewan and Manitoba Assets

Oil – Surge Energy Inc. (TSX:SGY) announced it has continued to expand the Upper Shaunavon crude oil discovery in southwest Saskatchewan through ongoing delineation drilling results. The company also announced it has signed a definitive purchase agreement to sell all of its southeast Saskatchewan and Manitoba assets for $430 million.