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Cameco ordered to pay $1.4M fine

Cameco ordered to pay $1.4M fine

Compiled from Herald News Services

Published: Saturday, July 12, 2008
http://www.canada.com/calgaryherald/news/calgarybusiness/story.html?id=42671ba9-5f0d-40a4-ba7c-3b7fc4eea1d5

Cameco Corp. will pay up to $1.4 million as a settlement to the state of Wyoming for not complying with the state's environmental standards at a uranium mine.

In March, Power Resources, Inc., which operates Cameco's Smith Ranch-Highlands Mines, was issued a notice of violation over environmental concerns at the mines.

The Wyoming Department of Environmental Quality found problems with the company's pace of groundwater restoration, mine-permit documentation, site-reclamation schedules, spills and reclamation-cost estimates.