Some facts on Cameco:
A major Canadian Company. traded in the NYSE and Canadian exchanges for c. $41.
Recently purchased 70% of Australian explorer Kintyre from Rio Tinto for $346 million. Mitsubichi obtained the other 30%.
Cameco has signed an agreement with GE-Hitachi to acquire 24% of Global Nuclear Enrichment, based in North Carolina.
"The demand for enriched uranium is projected to increase significantly in the next decade with the anticipated construction of a new generation of nuclear power plants."

"Naturally occurring uranium is made up of two different isotopes, approx. 99.3% U-238 and 0.7% U-235. Uranium enrichment is the process that increases toe U-235 concentration from 0.7%. Most commercial reactors require uranium fuel to have a U-235 content of 3-5%. Enrichment involves separatio of the lighter U-235 atoms from the heavier and more predominant U-238 atoms.... There are currently two commercial enrichment methods: gaseous diffusion and centrifuge."

Cameco anticipates mining start-up at their Cigar Lake (Sask.) site in 2011.
Cameco is the world's largest uranium producer accounting for 19% of world production from mines in Canada and the U. S. It is a partner in the Ontario nuclear power plant at Port Hope, Ontario.

http://cameco.com/media_gateway/news_releases/2008/news_release.php?id=230

Other reports are from the Globe and Mail (Toronto) and Al Jazeera.com.