August 27, 2014 9:09 am

Cameco set for work stoppage at McArthur River mine, Key Lake mill

Cameco preparing for work stoppage on Aug. 30 at McArthur River mine, Key Lake mill due to labour dispute.

File / Global News

SASKATOON – Cameco (TSX:CCO) said Wednesday it’s preparing to stop work at its McArthur River mine and Key Lake mill operations in northern Saskatchewan due to a labour dispute.

The uranium miner said the company and the roughly 535 unionized workers represented by the United Steelworkers are set to begin a strike-lockout at 12:01 a.m. on Aug. 30.

Cameco said it is continuing to meet with the union ahead of the deadline.

The workers at the operations have been without a contract since Dec. 31, 2013.

The company and union jointly applied for conciliation under the Canada Labour Code in July.

Cameco said a labour disruption is not expected to affect its 2014 uranium delivery commitments.

© The Canadian Press, 2014

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