Cameco planning to sell Centerra stake: paper

(Reuters) - Canadian uranium miner Cameco Corp (CCO.TO) is planning to sell its interest in Centerra Gold Inc (CG.TO) with a public stock sale that could raise more than C$600 million ($555 million), Toronto's Globe and Mail reported on its website late on Sunday.

RBC Dominion Securities and CIBC World Markets will conduct the share offering, the paper said, citing sources familiar with the matter.

The shares will be sold to investors through a prospectus filed with Canadian securities regulators, according to the paper.

Several sources told the paper that Cameco was aiming to get more than C$6 per share for its Centerra holding.

"We plan to sell our shares in Centerra when the opportunity is right for us," Cameco spokesman Lyle Krahn told the paper, without commenting on the timing or specifics of a deal.

Cameco could not be immediately reached for comment by Reuters.

($1=1.081 Canadian Dollar)

(Reporting by Ajay Kamalakaran in Bangalore; Editing by Rupert Winchester)