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<SEC-DOCUMENT>0001130319-05-000010.txt : 20050110
<SEC-HEADER>0001130319-05-000010.hdr.sgml : 20050110
<ACCEPTANCE-DATETIME>20050110150812
ACCESSION NUMBER:		0001130319-05-000010
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20050110
FILED AS OF DATE:		20050110
DATE AS OF CHANGE:		20050110

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CAMECO CORP
		CENTRAL INDEX KEY:			0001009001
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS METAL ORES [1090]
		IRS NUMBER:				980113090
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14228
		FILM NUMBER:		05520775

	BUSINESS ADDRESS:	
		STREET 1:		2121 11TH ST W
		CITY:			SASKATOON
		STATE:			A9
		ZIP:			S7M 1J3
		BUSINESS PHONE:		3069566200

	MAIL ADDRESS:	
		STREET 1:		2121 11TH ST W.
		CITY:			SASKATOON
		STATE:			A9
		ZIP:			S7M 1J3
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>o15159e6vk.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<HTML>
<HEAD>
<TITLE>Form 6-K</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<HR size="4" noshade color="#000000" style="margin-top: -5px">
<HR size="1" noshade color="#000000" style="margin-top: -10px">

<P align="center" style="font-size: 14pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, DC 20549</B>

<P align="center" style="font-size: 18pt"><B>FORM 6-K</B>

<P align="center" style="font-size: 10pt"><B>Report of Foreign
Private Issuer<BR>
Pursuant to Rule 13a-16 or 15d-16 Under<BR>
the Securities Exchange Act of 1934</B>

<P align="center" style="font-size: 10pt">For the month of January,
2005

<P align="center" style="font-size: 10pt">(Commission File No.
1-14228)

<CENTER>
<P align="center" style="font-size: 24pt"><B>Cameco Corporation</B>
<HR align="center" size="1" width="45%" noshade>
<DIV align="center" style="font-size: 10pt"><I>(Translation of Registrant&#146;s Name Into English)</I>
</DIV>

<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt"><B>2121 &#150; 11th Street West<BR>
Saskatoon, Saskatchewan, Canada S7M 1J3</B><BR>
<HR align="center" size="1" width="45%" noshade>
<DIV align="center" style="font-size: 10pt"><I>(Address of Principal Executive Offices)</I>
</DIV>
</CENTER>

<P style="font-size: 10pt">Indicate by check mark whether the registrant files or will file annual
reports under cover Form&nbsp;20-F or Form&nbsp;40-F.

<P>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="40%">
<!-- Begin Table Head --><TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top">Form 20-F <FONT face="Wingdings">&nbsp;&#111;</FONT>
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">Form 40-F<FONT face="Wingdings">&nbsp;&#254;</FONT></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<P style="font-size: 10pt">Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the information
to the Commission pursuant to Rule&nbsp;12g3-2(b) under the Securities Exchange Act
of 1934.

<P>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="40%">
<!-- Begin Table Head --><TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top">Yes <FONT face="Wingdings">&nbsp;&#111;</FONT>
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">No <FONT face="Wingdings">&nbsp;&#254;</FONT></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<P style="font-size: 10pt">If &#147;Yes&#148; is marked, indicate below the file number assigned to the
registrant in connection with Rule&nbsp;12g3-2(b):

<P>
<HR size="1" noshade color="#000000" style="margin-top: -2px">
<HR size="4" noshade color="#000000" style="margin-top: -10px">

<P align="center" style="font-size: 10pt">1

</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<!-- link1 "EXHIBIT INDEX" -->

<P align="center" style="font-size: 10pt"><B>EXHIBIT INDEX</B>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
        <TD width="10%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="70%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="10%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
        <TD nowrap align="center"><B>Exhibit No.</B></TD>
        <TD>&nbsp;</TD>
        <TD nowrap align="center"><B>Description</B></TD>
        <TD>&nbsp;</TD>
        <TD nowrap align="center"><B>Page No.</B></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>
<!-- End Table Head -->

<!-- Begin Table Body -->
<TR valign="bottom">
        <TD valign="top" align="center">1.</TD>
        <TD>&nbsp;</TD>
        <TD align="left" valign="top">Press Release dated
January&nbsp;7, 2005</TD>
        <TD>&nbsp;</TD>
        <TD align="center">3</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<!-- link1 "SIGNATURE" -->

<P align="center" style="font-size: 10pt"><B>SIGNATURE</B>

<P align="left" style="font-size: 10pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

<P>
<CENTER>
<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR valign="bottom">
        <TD width="49%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="46%">&nbsp;</TD>
</TR>

<TR><TD>&nbsp;</TD></TR>

<TR valign="bottom">
        <TD valign="top">Date: January&nbsp;10, 2005</TD>
        <TD>&nbsp;</TD>
        <TD colspan="3" align="left" valign="top"><B>Cameco
Corporation</B></TD>
</TR>
<TR><TD>&nbsp;</TD></TR>
<TR><TD>&nbsp;</TD></TR>
<TR><TD>&nbsp;</TD></TR>

<TR valign="bottom">
        <TD valign="top">&nbsp;</TD>
        <TD>&nbsp;</TD>
        <TD align="left" valign="top">By:</TD>
        <TD>&nbsp;</TD>
        <TD align="left" valign="top"><I>&#147;Gary M.S.
Chad&#148;</I>
<HR size="1" align="left" width="60%" noshade>
Gary M.S. Chad<BR>
Senior Vice-President, Governance,<BR>
Legal and Regulatory Affairs and Corporate&nbsp;Secretary</TD>
</TR>
</TABLE>
</CENTER>

<P align="center" style="font-size: 10pt">2

</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">

<!-- link1 "NEWS RELEASE" -->

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="25%">&nbsp;</TD>
    <TD width="20%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
</TR>
<TR style="font-size: 10pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left"><B>Share</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="left"><B>Listed</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left"><B>Symbol</B></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><HR size="1" noshade></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left"><B>web site address:</B></TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD valign="top">TSX<BR>NYSE</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">CCO<BR>CCJ</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><IMG src="o15159o1515900.gif" ALT="(CAMECO LOGO)"></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><U>www.cameco.com</U></TD>
</TR>
</TABLE>
</DIV>

<P align="center" style="font-size: 9pt">2121 &#150; 11<SUP>th</SUP> Street West, Saskatoon, Saskatchewan, S7M 1J3&nbsp;&nbsp;Canada<BR>
Tel: (306)&nbsp;956-6200 Fax: (306)&nbsp;956-6201


<P align="left" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 14pt"><B>Bruce A Reactor to Begin Planned Outage</B>


<P align="left" style="font-size: 12pt">Saskatoon, Saskatchewan, Canada, January&nbsp;7, 2005 . . . . . . . . . . . . . .


<P align="left" style="font-size: 12pt"><B>Cameco Corporation </B>announced today, as per the 2005 business plan, that Bruce Power will shut down
unit 3 at the Bruce A generating station for its first planned inspection and maintenance on
January&nbsp;8, 2005.


<P align="left" style="font-size: 12pt">The outage, which will begin on the first anniversary of the reactor&#146;s successful restart, is
expected to last for about two months. Workers will inspect the unit&#146;s boilers, change some
low-pressure turbine rotors, and perform other maintenance work.


<P align="left" style="font-size: 12pt">The company will provide further information on all scheduled 2005 outages at Bruce Power when
Cameco reports its fourth quarter results on Thursday, January&nbsp;27.


<P align="left" style="font-size: 12pt">Cameco indirectly holds a 31.6% interest in Bruce Power Limited Partnership, which leases the Bruce
nuclear plants in Ontario. Bruce Power, with its current total capacity of about 4,700 megawatts,
can generate enough clean electricity to supply about 20% of Ontario&#146;s power needs.


<P align="left" style="font-size: 12pt">Cameco, with its head office in Saskatoon, Saskatchewan, is the world&#146;s largest uranium producer.
The company&#146;s uranium products are used to generate electricity in nuclear energy plants around the
world, providing one of the cleanest sources of energy available today. Cameco&#146;s shares trade on
the Toronto and New York stock exchanges.


<P align="left" style="font-size: 12pt">Statements contained in this news release which are not historical facts are forward-looking
statements that involve risks, uncertainties and other factors that could cause actual results to
differ materially from those expressed or implied by such forward-looking statements. Factors that
could cause such differences, without limiting the generality of the following, include: volatility
and sensitivity to market prices for uranium, electricity in Ontario and gold; the impact of the
sales volume of uranium, conversion services, electricity generated and gold; competition; the
impact of change in foreign currency exchange rates and interest rates; imprecision in reserve
estimates; environmental and safety risks including increased regulatory burdens; unexpected
geological or hydrological conditions; political risks arising from operating in certain developing
countries; a possible deterioration in political support for nuclear energy; changes in government
regulations and policies, including trade laws and policies; demand for nuclear power; replacement
of production and failure to obtain necessary permits and approvals from government authorities;
legislative and regulatory initiatives regarding deregulation, regulation or restructuring of the
electric utility industry in Ontario; Ontario electricity rate regulations; weather and other
natural phenomena; ability to

<P align="center" style="font-size: 10pt">3
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<P align="left" style="font-size: 12pt">maintain and further improve positive labour relations; operating performance of the facilities;
success of planned development projects; and other development and operating risks.


<P align="left" style="font-size: 12pt">Although Cameco believes that the assumptions inherent in the forward-looking statements are
reasonable, undue reliance should not be placed on these statements, which only apply as of the
date of this report. Cameco disclaims any intention or obligation to update or revise any
forward-looking statement, whether as a result of new information, future events or otherwise.



<P align="center" style="font-size: 12pt">- End -

<DIV align="center">
<TABLE style="font-size: 12pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head --><TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="65%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Investor &#038; media inquiries:</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Alice Wong(306) 956-6337</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Investor inquiries:</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bob Lillie(306) 956-6639</TD>
</TR>
<!-- End Table Body --></TABLE>
</DIV>



<P align="center" style="font-size: 10pt">4
</DIV>


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