Vivien Diniz reports that Cameco announced that production from the Cigar Lake mine in northern Saskatchewan has surpassed 10 million pounds of uranium concentrate. Cigar Lake is partially owned by Cameco, AREVA Resources, Idemitsu Canada and TEPCO Resources, and operated by Cameco.
Ore from the Cigar Lake mine is milled at the McClean Lake operation owned by AREVA (70%), Denison Mines Inc. (22.5%) and OURD Canada Co. Ltd. (7.5%) and operated by AREVA. Ore is transported 70 kilometres by truck from the Cigar Lake mine to the McClean Lake mill for processing into uranium concentrate.
The initial 2015 production target range for Cigar Lake was achieved during the third quarter.
Resource Portal for I2M Clients, Associates, and Geoscientists
Managed & Built by I2M Consulting, LLC | © 2010-
Managed & Built by I2M Consulting, LLC | © 2010-