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Uranium

Reserves

Uranium Reserves

(as of December 31, 2010)

DEPOSITMINING METHODMILLIONS OF POUNDS
U3O8 		AVERAGE GRADE
(% U3O8)
McArthur River
 underground 335.5 15.24
Cigar Lake
 underground 209.3 17.04
Rabbit Lake
 underground 25.5 0.76
Key Lake
 open pit
 0.7 0.52
McClean Lake (Sue D, Caribou, McClean Underground)
 open pit, McClean underground 15.32.2
 McClean Lake (Sue B)
 open pit
              0.7
          0.4
 McClean Lake (MED)
 open pit
            0.03          3.5
 Midwest open pit
            42.5          1.7
Cluff Lake
 decommissioned nil nil
Total Uranium Reserves
 629.53 


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 billion tonnes of coal or 19 billion barrels of oil. (source: Saskatchewan Engergy & Resources)
  • Saskatchewan's known uranium reserves contain approximately four times the energy than in all known Canadian conventional oil reserves (not including the Athabasca oil sands) (source: Canadian Nuclear Association)
  • 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.

© 2012, Saskatchewan Mining Association