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COMPANY INTERESTED IN BULGARIA'S URANIUM PRODUCTION
14:43 Tue 12 Sep 2006
 

Canadian Cameco corporation was interested in the eventual restoring of uranium production in Bulgaria, Bulgarian National Radio (BNR) reported.

Uranium production in Bulgaria ceased in 1992, BNR said.

Bulgaria's uranium deposits reach nearly 12 000 tons, BNR said. The amount would be enough to supply resources for nuclear energy production in Bulgaria for the next 20 to 30 years.

Cameco was also interested in Bulgaria's nuclear energy production, as well as in strategic partnership for the Belene nuclear plant project, BNR said.

Cameco exploited uranium deposits in Canada, USA and Kazakhstan, BNR said. It was possible that the company supplied Bulgaria with uranium.

According to Comeco representative, uranium's price at the international market rose from $7 to $52 a pound.

 
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