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1. Business Week reports Cameco Corp., the world’s second- largest uranium producer, crews safely re-entered the main working level of the Cigar Lake mine in Canada’s Saskatchewan province yesterday after the site was fully drained of water.

Cigar Lake, which sits atop the world’s richest untapped uranium deposit, flooded in October 2006 and again in August 2008. Work to secure the underground is expected to be completed before October and an update on the project will be included in Cameco’s earnings release on Feb. 24, the company said.

2. China Daily reports that construction of two or three inland nuclear power plants is expected to start by the end of 2010

The new plants will use the AP1000 technology developed by US-based nuclear equipment firm Westinghouse. Indications are that the projects would be Taohuajiang power plant in Hunan province, Xianning in Hubei province and…

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