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Posted AT 6:28 PM EST on 15/05/08

Cameco ready to make acquisitions

The Canadian Press

SASKATOON — — Cameco Corp. says it's ready to seek out potential acquisitions now that falling uranium spot prices have made the possibility of a purchase "more reasonable." The world's biggest uranium miner, based in Saskatoon, said it was "unfairly criticized" for not joining the merger and acquisition frenzy sweeping the industry last year.

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