Paladin gives message to Canada on uranium
PUBLISHED: 15 Jul 2013 20:35:06 | UPDATED: 16 Jul 2013 00:05:35
Paladin Energy chief executive John Borshoff says Canada must heed the words of one of its biggest companies and prioritise lifting restrictions on foreign ownership of uranium mines.
http://www.afr.com/p/business/companies/paladin_gives_message_to_canada_3TJZ95yIY1mTq386F5Ti1O
Cameco backs foreign ownership of Canadian mines
15 Jul, 11:04 AM
Industries
Resources and Energy
Canadian-based uranium miner Cameco Corporation says Australian companies should be able to own uranium mines in Canada, The Australian Financial Review reports.
According to the newspaper, Cameco's position is at odds with that of the Canadian government, which limits foreign ownership of uranium mines to 49 per cent.
The company last year bought 100 per cent of the Yeelirrie uranium project in Western Australia from BHP Billiton Ltd, prompting Australian businesses and politicians to call for foreign investment "reciprocity" with Canada.
Cameco Australia managing director Brian Reilly said the company's position "had always been that it believes in reciprocity", the AFR reports.
http://spectator01.businessspectator.com.au/news/2013/7/15/resources-and-energy/cameco-backs-foreign-ownership-canadian-mines
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