Cameco’s President and CEO Tim Gitzel was on hand Tuesday morning at the University of Saskatchewan to announce a $10 million contribution to the university’s ‘Be What the World Needs’ Campaign.

The investment by a global nuclear fuel and energy company, headquartered in Saskatoon, is one of the largest single gifts announced in USask’s campaign which is set to wrap up June 18th and which USask says puts it on track to a very strong finish.

The funding will support an undergraduate Nuclear Fuel Cycle program that will bring together geology, geophysics and engineering. It will also be instrumental in a graduate certificate in Energy and Resource Management that will draw from multiple study disciplines including law, sustainability, and business.

The funds are intended to foster interest by northern and Indigenous students in STEM disciplines which are Science, Technology, Engineering, and Mathematics. The contribution from Cameco is also going towards a mining and nuclear energy technology accelerator, in conjunction with OPUS. In addition, there will be a faculty research fund to be administered through the Global Institute for Energy, Minerals and Society which is a first-of-its-kind, non-profit research centre that will serve as a hub to support clean energy transition.