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Uranium

McClean Lake Operation

OWNERSHIP:

AREVA Resources (70%)
Denison Mines Inc. (22.5%)
OURD Canada Co. Limited (7.5%)

OPERATOR:

AREVA Resources

DISCOVERED:

1979 by the Canadian Oxy - INCO Joint Venture

OPERATION:

McClean Lake has the newest and most technologically advanced uranium mill in the world. The operation began producing yellowcake in 1999 using ore from the now completed JEB, Sue C, Sue A, Sue E and Sue B open pit mines. The JEB pit has now been converted into a tailings management facility. In 2001, McClean Lake received ISO 14001 environmental management certification. In 2008, McClean Lake became the first uranium mine in North America to obtain OHSAS 18001 international health and safety management certification.

CAPACITY:

Initially 6 million lbs. U3O8; annual licensed capacity increased to 8 million lbs. U3O8 (3,077 tonnes uranium) in 2001. 

PRODUCTION:

Mill has been put into a care and maintenance mode as of June 2010.

RESERVES:

12.6 million lbs. U3O8 (6,165 tonnes uranium) stockpiled with an average grade of 2.2% U3O8

PLANS FOR 2013:
  • Upgrade McClean Lake mill to process 100% of uraniumn ore from Cigar Lake.
  • Continue with the regulatory process to bring a portion of the ore slurry from McArthur River to McClean Lake. 
  • Continue with expansion to increase capacity up to 24 million pounds of uranium annually

2012

 

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