Eldorado Resources was a Canadian mining company active between 1926 and 1988.[1] The company was originally established by brothers Charles and Gilbert LaBine as a gold mining enterprise in 1926,[2] but transitioned to focus on radium in the 1930s and uranium beginning in the 1940s. The company was nationalized into a Crown corporation in 1943 when the Canadian federal government purchased share control. Eldorado Resources was merged with the Saskatchewan Mining Development Corporation in 1988 and the resulting entity was privatized as Cameco Corporation. The remediation of some mining sites and low-level nuclear waste continue to be overseen by the Government of Canada through Canada Eldor Inc., a subsidiary of the Canada Development Investment Corporation.
History
Eldorado was originally established as Eldorado Gold Mines but, after finding radioactive deposits at Great Bear Lake