One of the World’s Largest Uranium Producers
Cameco is one of the world's largest uranium producers accounting for about 17% of world production. Cameco has controlling interests in a large portfolio of low-cost uranium mines in Canada, the U.S. and Kazakhstan including the world's richest high-grade deposits in northern Saskatchewan.
Cameco has more than 415 million pounds of proven and probable reserves at its producing operations and also has extensive mineral resources. Cameco's uranium mining operations employ innovative technology and have excellent records for safety and environmental performance.
Operating properties include:
Cigar Lake
Location | Saskatchewan, Canada |
Cameco Ownership | 50.025% |
End Product | Uranium concentrate |
Mine Type | Underground |
Mining Methods | Jetboring |
Licensed Capacity | 18 million pounds per year |
Estimated reserves and resources | Please see Cameco’s 2016 Annual MD&A |
McArthur River / Key Lake
Location | Saskatchewan, Canada |
Cameco Ownership | 69.81% – McArthur River 83.33% – Key Lake |
End Product | Uranium concentrate |
Mine Type | Underground |
Mining Methods | Currently: raiseboring Pending regulatory approval: blasthole stoping Under development: boxhole boring |
Licensed Capacity | Mine and mill: 25 million pounds per year |
Reserves, resources and production history | Please see Cameco’s 2016 Annual MD&A |
Rabbit Lake
Due to unfavorable market conditions, in 2016 Cameco suspended production and placed the Rabbit Lake facility into safe care and maintenance.
Location | Saskatchewan, Canada |
Cameco Ownership | 100% |
End Product | Uranium concentrate |
Mine Type | Underground |
Mining Methods | Vertical blasthole stoping |
Licensed Capacity | Mill maximum 16.9 million pounds per year, currently 11 million |
Reserves, resources and production history | Please see Cameco’s 2016 Annual MD&A |
Smith-Ranch Highland (including North Butte)
Due to unfavorable market conditions, in 2016 Cameco suspended new wellfield development at its US operations.
Location | Wyoming, USA |
Cameco Ownership | 100% |
End Product | Uranium concentrate |
Mine Type & Method | In situ |
Licensed Capacity | Wellfields: 3 million pounds per year Processing plants: 5.5 million pounds per year, including Highland mill |
Reserves, resources and production history | Please see Cameco’s 2016 Annual MD&A |
Crow Butte
Due to unfavorable market conditions, in 2016 Cameco suspended new wellfield development at its US operations.
Location | Nebraska, USA |
Cameco Ownership | 100% |
End Product | Uranium concentrate |
Mine Type & Method | In situ |
Licensed Capacity | Wellfields and processing plant: 2 million pounds per year |
Reserves, resources and production history | Please see Cameco’s 2016 Annual MD&A |
JV Inkai
Location | South Kazakhstan |
Cameco Ownership | 60% |
End Product | Uranium concentrate |
Mine Type & Method | In situ |
Licensed Capacity | 5.2 million pounds per year (Cameco’s share, 3 million pounds) |
Reserves, resources and production history | Please see Cameco’s 2016 Annual MD&A |