Global Webcast Auction

CAMECO CORPORATION - COPPER WIRE, APPROXIMATELY 150,000 LBS OF STRIPPED WIRE & CABLE, SEMI-PROCESSED CABLE & NON-PROCESSED CABLE, SURPLUS TO ONGOING OPERATIONS

Auction Info

Maynards, BIDITUP & TCL Asset Group Inc., will be offering for sale approximately 150,000 lbs. of stripped wire & cable, semi-processed cable, & non-processed cable surplus to the ongoing operations of Cameco. Material is currently being processed & will be available for sale in October, FOB Saskatoon.


Terms & Conditions

Auction Dates

Late October
Preview: By Appointment Only.



Auction Type

Global Webcast Auction

Location

Rabbit Lake Mine Site, Saskatchewan, Canada

Description

CAMECO CORPORATION - COPPER WIRE, APPROXIMATELY 150,000 LBS OF STRIPPED WIRE & CABLE, SEMI-PROCESSED CABLE & NON-PROCESSED CABLE, SURPLUS TO ONGOING OPERATIONS

Featuring

Maynards, BIDITUP & TCL Asset Group Inc., will be offering for sale approximately 150,000 lbs. of stripped wire & cable, semi-processed cable, & non-processed cable surplus to the ongoing operations of Cameco. Material is currently being processed & will be available for sale in October, FOB Saskatoon.

Lot 1 - Processed Material
• Material is placed into totes, 3'- 4' lengths & similar diameter. Total weight is proximity 1100 kg or 2,425 lbs. (includes tote weight). Currently 22 totes are available for shipping.
• Total Weight at this point: approx. 55,000 lbs.
• Shipment: Processed material is being placed in totes. Totes are poly construction with aluminum framing. Some totes have plastic skid bottoms & some are aluminum.
• Totes will be transported to Saskatoon in 40' trailers. Each container can hold 18 containers or 22,000 kg. or 48,500 lbs. per load.

Lot 2 - Semi-Processed Material
• Material is separated into similar diameter & type. Some material is cut into 3'-4- lengths.
• Total Weight at this point: approx. 34,000 kg. or 75,000 lbs. (once processed)
• Shipment: Assuming material is not completely processed, material will be placed in containers & transported down to Saskatoon. Alternatively, material can be sold FOB mine site.

Lot 3 - Un-processed Material
• Material is not separated nor cut to lengths.
• Total Weight at this point: small amount.
• Shipment: Assuming material is not processed, material will be placed in containers & transported down to Saskatoon. Alternatively, material can be sold FOB mine site.

Lot 4 - Unprocessed Spools of Cable
• Sample picture of each spool showing quantity & type.
• Total Weight at this point: unknown.
• Shipment: Material to be transported down to Saskatoon on flatbeds. Alternatively, material can be sold FOB mine site.

Lot 5 – Unprocessed wire & cable (copper, aluminum & mix)
• Various material unprocessed.
• Total Weight at this point: unknown.
• Shipment: Assuming material is not processed, material to be placed in lugger boxes & transported down to Saskatoon. Alternatively, material can be sold FOB mine site.

Registration Info

INSTRUCTIONS TO BID
BIDDERS MUST AGREE TO ALL TERMS & CONDITIONS
INTERNET BIDDERS
All internet bidders must register for this auction at least 72-HOURS PRIOR TO SALE DATE.
DEPOSIT REQUIREMENTS FOR ONLINE BIDDERS:
Minimum: $2,500 required which allows a spending limit of $10,000.
If you are planning on spending above $10,000 you will need to deposit 25% of your maximum anticipated spending. (This will allow a spending limit up to 4 times the deposit amount sent)

Example: $5,000 deposit = allows up to $20,000

You will only be allowed to bid up to 4 times your deposit amount so please estimate your deposit accurately. We will restrict any bidding beyond the above.

Forms of payment for online deposits:

1. CASHIER'S CHECK made out to Biditup Auctions Worldwide and delivered to our office prior to the sale 2301 Belgrave Ave, Huntington Park, CA 90255

2. WIRE TRANSFER Please Note - All wire transfers payments must include an additional $30 domestic & $45 international wire transfer fee - incoming & outgoing Please contact our office for current wire information 818.508.7034 or email wire instruction request to SHAWN@BIDITUP.COM.

We do not accept company checks or credit cards, NO EXCEPTIONS.
 
Those who do not post the deposit will not be approved. NO EXCEPTIONS! IF YOU
ARE SHORT ON THE DEPOSIT, YOU WILL NOT BE ALLOWED TO BID
ALL DEPOSIT REFUNDS WILL BE RETURNED IN THE SAME METHOD OF DEPOSIT THAT WAS RECEIVED, WITHIN 5-7 BUSINESS DAYS.
PROXY BIDDERS
All proxy bidders must register for this auction at least 48-HOURS PRIOR TO SALE DATE.
All proxy bidders must post a 25% deposit of your planned spending budget in the form of a WIRE TRANSFER, ACH or Cashier's Check made out to BIDITUP AUCTIONS WORLDWIDE with a $2,500 MINIMUM DEPOSIT in order to be approved to bid.
Please Note - All wire transfers payments must include an additional $30 domestic & $45 international wire transfer fee - incoming & outgoing Please contact our office for current wire information 818.508.7034 or email wire instruction request to SHAWN@BIDITUP.COM

Payment Info

* All Items Subject to Seller's Acceptance of Online Bids *

SALE CONDUCTED IN US DOLLARS

BUYER'S PREMIUM

ONLINE: 15%

Acceptable Payment Methods:
1. Cash
2. Cashier's Check
3. Wire Transfer

Auctioneer must approve all payment methods prior to bidding.

Removal Info

  • Removal dates: TBA
  • Removal times 8:00 AM - 4:00 PM Monday through Friday.
  • No items released until payment is received in full.

Please note: BidItUp is not affiliated with any machinery rigging, transport or export company. The names and contact information of available companies are provided solely as a courtesy to our buyers. BidItUp does not endorse or guarantee the services of any machinery rigging, transport or export company, and cannot be held responsible for any damage or other problems incurred as a result of the actions of those companies. We encourage buyers to employ the service provider of their choice, provided they can supply BidItUp with the required forms and insurance certificates.