Rabbit Lake
- Opening in 1975, Rabbit Lake was the longest operating uranium mine in North America.
- Over 41 years of mining, the operation produced more than 203 million pounds of uranium concentrates.
- Rabbit Lake was transitioned into safe care and maintenance in the second quarter of 2016.
Operation
2024 Q4 Update
The site remained in a safe state of care and maintenance throughout 2024.
While in standby, we continue to evaluate our options in order to minimize care and maintenance costs. We expect standby operating costs in care and maintenance to range between $43 million and $47 million in 2025, an increase from 2024 due to project work related to containment improvements.
We do not expect any production from Rabbit Lake in 2025.
Environment & Safety
Worker safety, environmental monitoring and proper decommissioning after project completion 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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