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McARTHUR RIVER

History/Innovations

2012 McArthur River Technical Report was updated which highlighted a 19% increase in Cameco's share of mineral reserves and a mine life of at least 22 years, based on the planned production schedule.
2011 Advanced feasibility work on the McArthur River extension project. This is a multi-year project to safely expand the underground mine and develop new mining areas.
2010 McArthur River awarded the John T. Ryan National Safety Trophy for the best safety performance in the metal mine category based on 2009 performance
2009-2010 Development of cathedral-shaped freeze barrier allows access tunnel and raisebore mining chambers to be safely constructed through the poor ground at the geological unconformity above Zone 2 Panel 5 section of the deposit
2008 operating licence renewed, valid until 2013
2006 production increase undergoing environmental assessment with CNSC
2004 operating licence renewed, valid until 2008
2004 applied for production increase from 18.7 million to 22 million pounds U3O8
2003 Cameco restarts mining at McArthur River
2003 Cameco Reports Increased Water Flow at McArthur River Mine
2003 McArthur River and Key Lake ISO 14001 certified
2001 produced at design capacity of 18 million pounds U3O8
2001 increased reserves by more than 50%
2000 achieved commercial production in November 2000 and mined 11 million pounds U3O8 in its first full year
2000 jointly awarded with the Key Lake Operation the Canadian Institute of Mining, Metallurgy and Petroleum's John T. Ryan trophy for the best safety record for metal mines in Canada in 1999
1999 began production
1999 approval of operating licence by AECB
1999 Cameco announced that reserves increased by 35% to 255 million pounds U3O8
1997 began construction
1997 approval of construction licence by Atomic Energy Control Board (AECB)
1997 approval of project by provincial and federal governments
1996 public hearings
1996 completed shaft sinking
1994 began underground development from the 530-metre level
1993 began shaft sinking
1993 government approved underground exploration
1988 discovered deposit