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Uranium

Rabbit Lake Operation

OWNERSHIP:

Cameco Corporation (100%) 

OPERATOR:

Cameco Corporation

DISCOVERED:

1968 by Gulf Mineral Resources

OPERATION:

Rabbit Lake began operations in 1975 and is the longest-operating uranium production facility in North America. The operation consists of the Rabbit Lake mill and the Eagle Point underground mine, located 16 kilometres north of the mill. More than 190 million pounds of uranium concentrate (U3O8) have been produced from five different orebodies at the site.

CAPACITY:

The mill has an annual licensed capacity of 16.9 million lbs. U3O8.

PRODUCTION:

4.2 million lbs. U3O8 was produced in 2014.

RESERVES:

Provable and probable reserves of 15.2 million lbs. U3O8 with an average grade of 0.61% U3O8.

PLANS FOR 2015:

  • Production is expected to be 3.9 million poiunds of U3O8
  • Plans exist to expand underground drilling with a reserve replacement program. The areas of interest are east and northeast of the existing mine.

2014

© 2017, Saskatchewan Mining Association