Cigar Lake
- Cigar Lake is the world's highest grade uranium mine and is located in northern Saskatchewan, Canada.
- Since commissioning in 2014, the site has produced a total of 174.5 million pounds (100% basis). Commercial operation began in May 2015.
- As the operator, Cameco developed an innovative jet-boring technique specifically for this challenging deposit.
- Cigar Lake's ore is processed 70 km northeast, at the McClean Lake mill, operated by Orano.
Operation
Production
2026 Q1 Update
- Production
Cigar Lake Production
Cameco's Share (million lbs)Three months ended
March 312025 2024 Change 2026 Plan 2.7 2.8 (4)% 9.5 to 10.0 Total packaged production from Cigar Lake was 4.9 million pounds (2.7 million pounds our share) in the first quarter of 2026 compared to 5 million pounds (2.8 million pounds our share) in the first quarter of 2025.
We continue to expect production of 17.5 to 18.0 million pounds (9.5 to 10.0 million pounds our share) in 2026.
- Maintenance Shutdown
The annual maintenance outage at Cigar Lake began in the second quarter of 2026, compared to the third quarter in previous years.
Environment & Safety
Worker safety, protection of the environment and proper decommissioning after mining is completed, are of the utmost importance to Cameco.
Reserves & Resources
Our mineral reserves and resources are the foundation of our company and fundamental to our success.
Caution about Forward-Looking Information
This page may contain forward-looking information that is based upon the assumptions and subject to the material risks discussed on page 2 of Cameco's most recent Quarterly MD&A.
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