Cameco is reporting a sharp rise in net earnings this recent quarter.
This morning the company released its financial results for the year through to the end of September.
It reports net earnings were $211 million.
That’s well up from the $79 million recorded at the same point last year.
It says higher sales, a weaker dollar and lower exploration costs contributed to the increase.
Meantime the company says it has begun creating the steel liners needed for the Cigar Lake mine and also started jet boring in a waste cavity as part of the commissioning process.
The mine is expected to begin production next year.