February 27, 2006

CNSC approves EA guidelines for Cameco proposal to increase refinery capacity

OTTAWA, ONT-The Canadian Nuclear Safety Commission (CNSC) has approved guidelines for an environmental assessment (EA) of Cameco Corporation's proposal to increase the production capacity at its uranium refinery in Blind River, Ontario from 18,000 to 24,000 tonnes per year of uranium trioxide. The environmental assessment is required pursuant to the Canadian Environmental Assessment Act. The EA guidelines set out the technical studies and public consultations to be completed by Cameco under the direction of the CNSC and with the input of other relevant government departments. In accordance with the approved guidelines, CNSC staff will prepare an EA Screening Report for consideration by the Commission at a future hearing. In addition, the Commission has decided not to refer the project to the federal Environment Minister at this time for referral to a mediator or review panel. The CNSC is also satisfied that its consideration of the completed Screening Report will not require a public hearing. If the Commission concludes from the Screening Report that the project is not likely to cause significant adverse environmental effects provided appropriate mitigation measures are implemented, the agency may proceed with a consideration of the related licence application. More information is available on the CNSC Web site, www.nuclearsafety.gc.ca.

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