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Commodities

Uranium

Reserves

Uranium Reserves

(as of December 31, 2009)

DEPOSITMINING METHODMILLIONS OF POUNDS
U3O8 		AVERAGE GRADE
(% U3O8)
McArthur River
 underground 335.2 19.53
Cigar Lake
 underground 209.3 17.04
Rabbit Lake
 underground 21.3 0.88
Key Lake
 open pit
 0.7 0.52
McClean Lake
 stock piled
 2.7 0.62
Cluff Lake
 decommissioned nil nil
Total Uranium Reserves
 633.5 


Numbers may not reflect total due to rounding.

  • Clean electricity generated worldwide from Canadian uranium avoids more than 700 million tonnes of CO2 emissions annually. (source: Canadian Nuclear Association)
  • The energy potential of Saskatchewan's uranium reserves is approximately equivalent to 4.5 billion tonnes of coal or 17.5 billion barrels of oil.
  • More energy is contained in Saskatchewan's uranium reserves than in all known Canadian conventional oil reserves (not including the Athabasca oil sands).
  • At the current rate of extraction, Saskatchewan's known uranium deposits will last for 20 to 30 years. This figure only includes known deposits. New deposits are continually being discovered through exploration activities.

© 2010, Saskatchewan Mining Association