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CIGAR LAKE

Summary

  • world's largest undeveloped high-grade uranium deposit
  • Remediation work is continuing to restore underground workings after water inflows in 2006 and 2008
  • proven and probable reserves of more than 226.3 million pounds U3O8 at an average grade of 20.7% (Cameco's share – 113.2 million pounds)
  • construction began January 2005
  • will employ up to 500 employees during construction
  • approximately 250 people will be employed permanently
  • just over half of Cigar Lake uranium will be trucked to Cameco's Rabbit Lake operation as a solution for final processing
  • expected to extend the life of Cameco's Rabbit Lake operation
  • Cameco is the operator

Cigar Lake Remediation Diagram

LOCATION

CIGAR LAKE PROJECT

Cigar Lake project

The Cigar Lake head frame...

Larger Photos(2 photos)

OWNERSHIP

Pie graph
    
Last Reviewed: November 19, 2009