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Cameco/Pinehouse Partnership

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Cameco/Pinehouse Partnership Cameco/Pinehouse Partnership Feb 28th 2017 Peter Dodson Manager, Corporate Responsibility Cameco Corporation cameco.com About Cameco ● Corporate head office in Saskatoon, Saskatchewan – More than 3500 employees and contractors worldwide ● One of the world’s largest uranium producers – Account for ~18% of total global uranium production ● Canada’s #1 industrial employer of Aboriginal people 2 Uranium mines in Saskatchewan Selwyn Tazin Lake Lake Camsell Portage P Uranium City Fond-du-Lac F Stony Rapids Lake Athabasca Black Lake Black Lake Wollaston Athabasca Basin Rabbit Lake operation: Lake Cigar Lake Rabbit L. Athabasca Basin McArthur R. Pasfield (care & maintenance) Key Lake Lake Cigar Lake Mine Waterbury Lake Wollaston Lake McArthur River Mine Reindeer Saskatoon Cree Lake Cree Lake l b e r t a Key Lake Mill Lake A 3 Uranium mining in Saskatchewan Cameco – Northern Saskatchewan ● Provincial Surface Lease Requirements – 67% RSN employment – 35% of local good & services ● Population – Approx. 42,000 – Fast growing youth population ● Includes – 12 First Nations – 35 towns, villages, hamlets and settlements 4 Cameco- Pinehouse Cameco’s 5 Pillars of Corp Responsibility Workforce Developmen t Enviro Community Business Stewardship Engagement Development Community Investment 5 Cameco- Pinehouse Collaboration Agreements – Who? Athabasca Basin •3 FNs, 4 Municipalities English River FN Southend (PBCN FN) Pinehouse LLRIB 6 Cameco- Pinehouse Pinehouse, Saskatchewan ● 500 KM north of Saskatoon, ● 200 KM south of Key Lake ● Had an existing business – Pinehouse Business North (2007) ● Signed CA in December 2012 ● Agreement was centered around development of new mine – Millennium ● Camp ● Road 7 Cameco- Pinehouse Post-CA Challenges ● Millennium parked due to market conditions ● PBN struggling to define what type of business they were – Failed JV efforts with other companies ● Lack of capacity at management level ● Specific provisions within the CA that provided business opp. for PBN were ill-defined – Environmental Waste Services (EWS) – Labour Services 8 Cameco- Pinehouse PBN EWS Division ● To help grow EWS division, Cameco did the following: – Undertook scoping exercise – Direct sourced in-scope items – Seconded multiple SME’s from Cameco to PBN – Funding for training, business plans, and policy/procedure development 9 Cameco- Pinehouse Business Development Project ● Launched by Cameco in 2015 to help develop PBN’s capacity in civil side ● Purchased nearly $2 million in equipment for PBN ● Cameco SME’s to helped develop policy/procedures in a variety of areas ● Dollars for business plans, trainee positions and professional development 10 Cameco- Pinehouse Labour Services ● Designed for 8 individuals to work at sites and in community – Multiple issues around this ● Tried using the dollars as a “labour bank” – Difficult to track and agree upon ● Negotiated amendment to CA for usage of dollars: – ½ for training – safety/apprenticeships/GED /professional/post-sec – ½ for PBN to help maintain management team 11 Cameco- Pinehouse PBN/Pinehouse Results ● PBN has developed leading comm. based training program – 20 + apprentice’s in comm. – Certified safety trainer - Sask Polytechnic. – 100’s trained in basic safety and other courses ● Since 2013, 59 residents hired thru Cameco – countless others thru PBN ● From 2013-16 PBN sole source revenue up 300% – Found est. partner for MEI JV 12 Cameco- Pinehouse Learnings ● Agreements are the basis for long term partnerships but must be flexible ● Community owned businesses not only provide jobs, but also help address other challenges – PBN built arena / elders’ complex using all PBN labour and $’s from agreement ● Don’t be afraid to share your expertise 13 Cameco- Pinehouse Questions Thank you! cameco.com.
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